Introduction to Reborn Ape King
We are introducing Reborn Ape King, a revolutionary 10K unique ape PFP project built on the Ethereum blockchain.
Story
Welcome to the Journey of the Reborn Ape King. Throughout this dynamic storytelling collection, we present a set of 10,000 Ape King collectibles expressing the extraordinary journey of Sun Wu Kong from long years of spiritual cultivation and rebels against the primacy of heaven.
Our collection describes the journey of the Ape King with a set of 72 transformation skills that Sun Wu Kong inherits and quickly masters a set of secret oral formulas. These abilities have given him the ability to live through the three calamities of thunder, fire, and wind.
Sun Wu Kong is taken to heaven to be executed for his crimes, but no amount of fire, lightning, and edged weapons have any effect on his invincibility.
The story of the Ape King has enthralled people from all over the world for centuries. For the first time ever, this story is brought to the Ethereum blockchain becoming the first artistic creation of the legendary Reborn Ape King.
The Ape King tale has been deeply adapted in all forms of NFT projects. This space cannot be present without the incredible Journey of the original Reborn Ape King, Sun Wu Kong.
Intro
Our mission with Reborn Ape King is much deeper than a collection of 10,000 digital art pieces.
Ever since the launch of BAYC, the world of Ape graphics has made a significant impact on the development of PFP perspective of modern NFT art. Most of the focus today within projects revolves mainly around the art, and the art only.
The issue with most projects is that there is no incentive to value the art over a long period of time. This leads to the holder to lost interest in the art after a certain period of time, devaluating the NFT.
With Reborn Ape King, we value user experience, practicality, and ownership.
Unlike most NFT projects, we value token utility. Our goal is to deliver valuable art on a daily basis. The way it works is very simple. Every holder of our set of 10,000 unique PFP Apes, earns passive income as time goes by.
Our mission is to incentive our users by giving holders the opportunity to gain value of their ownership as time goes by.
This goes way beyond passive income. We provide liquidity mining, NFT auctioning, Bull Demon King NFTs, and bringing to life our Ape King into the Metaverse coming soon.
Overview
Let us dive in the depths of how we will be providing value to our collection of Apes.
It is important to consider that most NFT projects solely allow you to stake your NFT’s. From there, users are forced to pay gas fees to the blockchain to stake their NFT piece, locking it into the blockchain not allowing you to trade it on secondary markets.
With a Reborn Ape King, the focus is on holding. This allows users to passively earn income simply by HODLing dearly to their Reborn Ape King NFT.
This avoids any sort of gas fees on the blockchain and encourages participants and rare Ape holders to hold on to the art.
Peach of Immortality ($PEACH)
As our community grows, the utility will be added. $PEACH tokens will be the center of our tokenization.
Every Ape King will yield to 10 $PEACHs a day. The initial price of our $PEACH price is set at $2, i.e. you will be able to earn $20 a day by holding 1 our Ape King NFT’s. By minting a Reborn Ape King, users will be given 200 $PEACHs as an additional minting bonus. As you hold a Reborn Ape King, the more a user earns.
The $PEACH tokenization system will mainly be used for the NFT auctioning. This will allow users to claim some of the legendary Ape Kings from the collection.
Additionally, we are launching the Bull Demon King NFTs towards the beginning of Q1 2022. This will be redeemable using your $PEACH tokens and RAK NFT’s.
Once your $PEACH tokens are transferred to the contract, they will be immediately burned once your NFT is claimed.
Our mission is beyond utility but building the DAO with the help of our $PEACH token.
Liquidity Mining
Our objective is to find innovative ways to earn $PEACH tokens other than holding on to your Reborn Ape King.
One way of adopting more $PEACH tokens is by purchasing more tokens from SushiSwap. By adding $PEACH/ETH LP to SushiSwap and staking it to the liquidity mining pool to harvest even more $PEACH tokens.
Here is the breakdown of the liquidity mining. A total of 50,000 $PEACH tokens and $100,000 will be added to SushiSwap’s initial liquidity pool. From there, 10% of the royalty fees from the second market will be used for liquidity maintenance.
The liquidity mining program will provide more stability to the liquidity pool for the $PEACH token.
Rarity-Boost Mechanism
With Reborn Ape King, our limitations are endless. We like to open the realm of possibilities and allow you to earn in several ways. The following system will allow you to understand how to earn more than just 10 $PEACHs daily.
The following table provides a better understanding of the rarity scale and our reward system:
Any rarity scale you fall under gives you the chance to boost your $PEACH tokens.
Legendary Apes can hold up to 15 $PEACHs daily. As the value of a $PEACH increases with time, you would be mind-blown by your returns simply by holding on to a piece of digital art.
Loyalty-Boost Mechanism
We will be rewarding the early minters of the project Reborn Ape King. Loyalty comes first, therefore we incentivize Ape King holders who mint our project early on to boost their rewards as well.
The following chart shows the boosting reward based on how early you’ve minted a Reborn Ape King.
To give a perspective, if a user minted a Legendary and OG Ape King, they will be earning 18 $PEACHs daily. Our early minting is convincing, we know so do recommend you be an early minter.
Daily Rewards = 10 $PEACHs × Rarity-Boost × Loyalty-Boost
Bull Demon King NFTs
The Reborn Ape King journey does not end here. We are bringing more universes to the journey. The Bull Demon King NFT’s were known to be the great sage who pacifies the heavens along Sun Wu Kong’s journey.
This extension of our project will be entering the blockchain at the beginning of Q1 of 2022.
This will be redeemable using your $PEACH tokens and RAK NFT’s. Once your $PEACH tokens are transferred to the contract, they will be immediately burned once your NFT is claimed. The goal is to prevent any additional ETH costs to mint our projects.
More details and sneak-peeks are coming soon.
Play-to-Earn Game (Ape King vs Bull Demon King)
With the fast-changing adaptation of P2E implementation in the NFT space, we are proud to announce that Reborn Ape King is developing its own unique play to earn version in early Q2 2022.
With our Ape King vs Bull Demon King extension coming out in early 2022, the goal is to have your Reborn Ape King NFT take many shapes inside virtual worlds: characters, powers, personalization features, and more.
You will be able to earn the most out of your valuable items by playing the game very well and can sell them for real-world money on your own terms. While play-to-earn implementation is still an emerging concept for us at Reborn Ape King, it could redefine more than just a NFT project for us.
We are open-minded to the idea of having you the community interact with your Ape King and at the same time create a self-governed financial system with the use of the $PEACH token.
NFT Auction
The NFT Auction will take place after the successful sell-out of our 10,000 Reborn Ape King collection.
The more release of the legendary Apes will be auctioned after our public sale. As mentioned earlier, these will be redeemable using your $PEACH tokens and RAK NFT’s.
Once the tokens are transferred to the contract, they will be burned once the legendary Apes are claimed.
How to Mint Ape Kings
The official public sale will be available on our official website in the end of Nov.
Our pre-sale will also be live on our website 3 days in advance of the public sale.
Part of our mission is to share the incredible journey of the Ape King with our community. We are aware that many of you hold sentimental value to other projects.
Our mission is to incentivize our community who hold other solid projects. We will be holding a Premium Sale in which holders of at least 1 BAYC, 1 Cool Cat, 1 Doge Pound, or 1 Mekaverse.
Can mint our Reborn Ape King collection at half price (50% off) for a total of 5 per one address and 2 for a single transaction in the premium sale.
A total of 9,800 Ape King will be allocated for the normal sale and 200 of them will be dedicated to the premium sale.
Minting one Ape King will be 0.072 ETH in the normal and 0.036 ETH for the premium sale.
Limitations are 5 Ape Kings for a single transaction in the normal sale.
Join Our Community
We are extremely grateful for the overwhelming support you have given us over on twitter and discord.
The team is closely looking at the people engaged in the general chat. We are excited to launch in mid-November. Subscribing to our twitter and inviting people to our discords will only strengthen our community.
Join our discords to be in the loop of all of our giveaways, announcements, and update about Reborn Ape King.
Website: https://rebornapeking.com
Twitter: https://twitter.com/rebornapeking
Discord: https://discord.gg/rebornapeking
Opensea: https://opensea.io/collection/rebornapeking
Medium: https://rebornapeking.medium.com
