Rhyme Report

Published on March 2nd, 2022 | by Dr. Jerry Doby

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Meta Bounty Hunter: Community-Oriented NFT Introduces 8,888 Unique Collectibles

Since its unprecedented rise in popularity in the pandemic period and the early parts of 2021, non-fungible tokens (NFTs) have retained their place at the top of the food chain in the crypto space. NFTs are an exciting part of an expanding metaverse, thus creating an opportunity for digital artists, collectors, and crypto enthusiasts who want to collect and showcase their art in the various metaverses. With a collection of hundreds of various tokens in the digital and entertainment industry, one of the latest NFT collectibles making its way to the top of the trend is Meta Bounty Hunters (MBH), a digital collection of 8,888 unique collectibles.

Meta Bounty Hunters are the first exclusive community of elite members who share a mindset and focus on spreading peace throughout the galaxy with their unique charitable models. With reward systems that include both bounty hunting rewards and reflection ones—a unique system that reflects the value of community to the community members—the brilliant minds behind Meta Bounty Hunters are poised to take over the NFT Galaxy for the greater good.

When an MBH NFT is purchased, the beneficiary of this investment will be a group or community that has been committed to receiving 85% for their use. This means that through smart contracts, holders can gain reflected value from what was given at purchase time via benefits such as access and participation in various initiatives ranging from education programs allocating funds raised by park conservancies on biodiversity preservation efforts across Africa, which are designed not only to help animals but people as well.

According to the developers, smart contracts are self-executing contracts. Unlike regular contracts, the terms of the agreement between the buyer and seller in a smart contract are embedded in the lines of code, thus making transactions traceable, transparent, and irreversible. The use of smart contracts has increased in recent times, especially in the insurance, supply chain, and real estate industries, and with the adoption by crypto enthusiasts, the smart contracts market is expected to reach $300 million by 2023.

MBH will provide an audited use of proceeds from mint revenue to validate the roadmap and community benefits paid in the reflection payout.

The first type of weekly Reflection Rewards is “Direct Reflections.” As the name implies, Direct Reflections are paid directly every week that they are available to each NFT holder via the smart contract created when one owns and registers an MBH NFT. The second type of Bounty Reflections is the “Affiliate Referral Reflections,” where members can get rewarded for spreading the word and inviting others to the community. 

As an invite-only community, the MBH community is designed for its members to enjoy luxury in every way possible, and the giveaways reflect this. According to the team, giveaway prizes include luxury items such as extra bounties of cryptocurrency or special-edition NFTs. Furthermore, through the Community Charitable DAO (Decentralized Autonomous Organization), members will have the opportunity to help decide what charitable causes Meta Bounty Hunters will be supporting every year.

With Meta Bounty Hunters (MBH), there is no doubt that the world of digital assets and incentivizing a community have finally aligned, bringing new excitement for all NFT and crypto enthusiasts.

 



About the Author

Editor-in-Chief of The Hype Magazine, Media and SEO Consultant, Journalist, Ph.D. and retired combat vet. 2023 recipient of The President's Lifetime Achievement Award. Partner at THM Media Group. Member of the U.S. Department of Arts and Culture, the United States Press Agency and ForbesBLK.


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