NFTs are issued by CB Defined Ltd.
CoinBurp Ltd is part of the $BURP token ecosystem with Cede Fields Ltd and CB Defined Ltd.
The MealDrops NFTs Have Arrived!
The time has finally arrived for CoinBurp’s generative and stakeable NFT series, MealDrops to be revealed! The MealDrops have been minted and the first 100 will shortly be added as prizes for Raffle #001 on BurpToken.com. To check out the full collection and get a sneak peek of future raffle prizes, head over to OpenSea or Rarible.
Users staking $BURP earn tickets for the monthly raffle and have the chance of winning MealDrops as well as other exclusive NFTs. Since 27th September, stakers have been able to enter their raffle tickets which have been earned from staking $BURP. So far, over 1750 tickets have already been entered for the first prize draw, which will take place on Sunday 31st October, at (MIDDAY) 12pm UTC.
To enter the monthly NFT Raffle visit BurpToken.com
What are Generative NFTs?
Generative NFTs are developed through creative coding. Essentially, the work’s elements are created on different layers by the artist, and then code combines the layers together in a way that allows the resulting image to be generated with completely unique traits.
What are MealDrops?
With MealDrops there are 100 NFTs for each of the five food meals (pepperoni pizza, double bacon cheeseburger, hog’s head, roasted salmon, sushi). All 500 NFTs contain one item from each of the mandatory elements and some contain optional elements too.
The mandatory elements are:
- Food meal
- Drink
- Location
- Table
- Bowl
There are also a limited number of rare items which appear in the optional elements and are distributed across the 500 NFTs.
The optional elements are:
- Back-left item
- Back-right item
- Front-left item
Generative NFTs Celebrating Food!
The MealDrops series honours international dishes across global heritage locations, taking the NFT community through a gastronomical travel experience, with added meme elements along the way. Generative NFTs are on the rise and the randomisation and variable rarity is a key factor. The dev team chefs at CoinBurp successfully worked the algorithm to mix all the ingredients and serve up a meal at a randomised location, with fun variable rarity elements.
Rarity Tiers
Each NFT has a rarity tier which is determined by the number of items on the table.
There are five rarity tiers:
- Common — drink only
- Uncommon — drink + 1 optional item
- Rare — drink + 2 optional items
- Epic — drink + 3 optional items
- Legendary — unique front left item only
Example — MealDrop #045 (Epic)
- Food meal: Roasted salmon
- Location: Swiss Alps
- Table: Steel worktop
- Bowl: Stainless steel bowl
- Back-left: Ski goggles
- Back-right: Baby doll
- Front-left: Ruby ring
- Drink: Pint of beer
Super Combos
Within the 100 NFTs for each food meal there is one NFT where all the elements are in perfect harmony with each other. These are referred to as the Super Combos. Super Combos have the highest level rarity, Legendary. They have only one item on the table, located in the front-left position. They are further distinguished from the rest of the series by the inclusion of a rarity frame. The rarity frame is a thin border which runs around the edge of the image to denote its level of rarity.
Staking MealDrops
NFTs that have been won in the Burp Token raffle can be staked to increase the rewards you earn thanks to Reward Multipliers. Each MealDrop contains a Reward Multiplier between 1.3x and 4x which when staked increases your ownership of the Burp Token staking pool. The higher the percentage of the staking pool you own, the more of the rewards go to you. You’ll continue to earn rewards whilst your stake is locked. Once your stake has ended, you can withdraw your $BURP along with your MealDrop and reuse it as many times as you want.
How to Participate — Don’t Miss Out on MealDrops NFTs
In order to participate and have the chance of winning some of these exclusive generative NFTs, users will be required to collect Raffle Tickets and enter the monthly NFT Raffle on BurpToken.com. This integrates a whole new rewards system and gives functionality to the NFTs, by integrating them into DeFi and co-developing them with partners across the NFT and metaverse sectors. Users that stake $BURP on the dApp help support the Burp ecosystem and are rewarded with Raffle Tickets. They can enter these tickets into the monthly NFT Raffle to win some of the exclusive NFT drops that CoinBurp has partnered on.
More partner NFT drops are soon to come from selected CoinBurp partners from Avastars, NFT Boxes, Polychain Monsters, Brokoli, Ethermon, ChainGuardians and Crypto Prophecies.
Stay up to date with everything by following the channels and joining the social communities!
About CoinBurp
CoinBurp is the cryptocurrency platform partner for the $BURP ecosystem that includes Cede Fields Ltd for token issuance and CB Defined Ltd for DeFi products. CoinBurp is the design partner of the MealDrops NFT series. The tokens are not issued or controlled by CoinBurp.
About $BURP
$BURP is the official token of the $BURP ecosystem of products including but not limited to non-custodial token management, staking mechanisms, NFT raffles.
Important Information
Cryptocurrencies and crypto tokens are generally not regulated and investors do not have access to recourse or compensation schemes such as, for example, in the UK, the Financial Ombudsman Service or the Financial Services Compensation Scheme. Investing in cryptocurrencies and purchasing crypto tokens can be high risk and investors should carefully evaluate their appetite for risk and their understanding of trading cryptocurrencies prior to entering into a transaction.
