LRWA Gitbook
  • Introduction
    • Founder's Note
    • Le'Born RWA
    • LRWA NFTs
      • NFT Release Strategy
  • Overview
    • The Innovation behind LRWA
    • NFT Technology and Blockchain Infrastructure
    • Phased Approach to NFT Releases
  • Tokenization and NFT Mechanics
    • Tokenization of Hashrate
      • Current Operations
    • Genesis NFTs
    • Theoretical Floor Price
    • Safeguards
  • NFT Launch Roadmap
    • Phase 1 - 2,500 Genesis NFTs
    • Phase 2 - 2,500 NFTs
    • Phase 3 - 2,500 NFTs
    • Phase 4 - 2,500 NFTs
  • Earnings and Redistribution Model
    • Distribution Model
    • Earnings Calculation
    • Distribution Mechanism
    • Phase Factor
    • Staking Duration
    • Redistribution Schedule
    • Transparency and Reporting
    • Future Enhancements
  • Security
    • Audits
    • Operational Security Measures
    • Compliance and Regulatory Standards
  • Roadmap
    • Pre-Launch Phase: Foundation Setting (1H 2024)
    • Phase 1: Launch Phase (2H 2024)
    • Phase 2: Expansion Phase (1H 2025)
    • Phase 3: Scale Phase (2H 2025)
    • Final Phase: Full Scale (Q1 2025)
    • Post-Launch Objectives (2025 and Beyond)
    • Continuous Improvement and Expansion
  • Minting LRWA NFTs
    • Coming Soon
  • Investor Dashboard
    • Coming Soon
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  1. Tokenization and NFT Mechanics

Genesis NFTs

Genesis NFTs are Season 1 NFTs which yield special perks and benefits.

Among others, Genesis NFTs enjoy boosted rewards from Season 2 onwards, granting 1.2x the yield on the TH included with every NFT.

Each NFT is backed by real-world assets, specifically the hashrate of mining machines, providing tangible value and stability to our users while ensuring the NFTs always have a theoretical floor price depending on the operation’s profitability.

Ownership of an NFT confers the right to a share of the earnings generated from the mining operations. Every NFT will have a certain hashrate tagged to it through its metadata, and users staking the NFTs will be able to claim their share on a prorated basis of the earnings at will.

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Last updated 1 year ago