CryptoRaggies
  • 👋Welcome to Raggiepedia
  • Overview
    • ⭐What is CryptoRaggies?
    • 💟Vision & Values
    • 👥The Team
    • 🤝Partnership & Collabs
    • 🌳The Ecosystem
      • 😻Raggie NFTs
      • 🙉Plushie NFTs
      • 🪙RaggieCoin ($RAG)
    • 👕Raggie Merchandise
  • Utilities
    • 📈Tokenomics - $RAG
    • 🛍️RagAlley - Marketplace & Auction House
      • How to list my NFT in Marketplace?
      • How to start an On-Chain Auction?
        • How do auctions here work?
        • What are some best auction practices?
      • Need a Customised Marketplace and Auction House solution?
    • 🗺️RaggieWorld
      • Login (Desktop)
      • Login on iOS Safari
      • Install as an App (PWA) on iOS
      • Connect Discord
      • RaggieChat (Messenger)
      • Stash Trade (P2P Trading)
      • Moggie Raids (In-Chat Game)
      • Crafter's Nook (Crafting Platform)
      • Staking
      • Soul Land (Perma-Staking)
      • RaggieStore (Buy & Mint)
      • RaggieShrine (Burn and Raffle)
      • Raggie Rehoming Centre
      • Achievement System
      • Ragsters University
      • Patch Notes
        • 6 Nov 2023 (Latest)
        • 10 Oct 2023
        • 5 Oct 2023
        • 4 Oct 2023
        • 15 Sep 2023
        • 11 Sep 2023
        • 7 Sep 2023
        • 27 Aug 2023
        • 26 Aug 2023
        • 24 Aug 2023
    • 👛RaggiePurrse - Wallet
    • 🎮Gaming
      • 🌌RaggieRun
    • 😸Special Edition Raggies
  • Services
    • 📙Introduction - RaggieMart System
    • 🗃️Marketplace/Auction House Solution
    • 🗃️Minting Solution
    • 🗃️Airdrop Solution
    • 💼Clients / Portfolio
      • Zombie Chains - Hoarder's Collections
      • Inmates
        • The Tech
  • Soul & Soulbound Token (SBT)
    • 📗Introduction - Revolutionising On-Chain Identification
      • Understanding Your Soul: Your Unique Digital Passport
      • Decoding Soulbound Tokens: Entries in Your Diary
      • Discover Your Soul ID: Your Unique Blockchain Nametag
      • How Soul and SBT Technology Benefits the Community
    • ⚙️Developer's Protocol: Souls and Soulbound Tokens
      • Interacting with Souls
      • Implementing Soulbound Tokens (SBTs)
      • Conclusion
    • 📃Whitepaper
      • Understanding Souls and SBTs
      • Technical Overview
      • Conclusion
    • ❓FAQs
  • 🎉Anniversary 2023 (Ended)
    • ℹ️Get Ready!
    • 🔎Wallet Hunt
    • 📌Mint Annie 2023 NFT
    • 🎨Fan Art Competition
    • 🗣️Socialise and Win
    • 🎮MogFight - RaggieRun
      • Prizes, Activities & Rules
      • How to play RaggieRun?
    • 🏪RaggieStore Promotion
    • 🎟️VasilRaggie Raffle
    • ⚔️RaggieChat Raid (RaggieWorld)
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On this page
  • $RAG Cycle - Circular Economy Model
  • How to get RaggieCoins $RAG?
  • Where to use $RAG?
  • Milestones
  • Future Plans
  1. Utilities

Tokenomics - $RAG

All about RaggieCoins and its use case

PreviousRaggie MerchandiseNextRagAlley - Marketplace & Auction House

Last updated 1 year ago

About $RAG - RaggieCoins will be used in every aspect of our project-ecosystem .

$RAG Cycle - Circular Economy Model

How to get RaggieCoins $RAG?

  • Participate in our community contests and cross server games in Discord

Where to use $RAG?

  • Mint special collectibles from RaggieStore

  • Supply liquidity to Minswap and/or Wingriders to participate in yield farming

Milestones

  • 02 October 2021 - Launched $RAG - the first NFT Gaming Native Token on Cardano

  • 23 Dec 2021, we made a significant breakthrough in giving $RAG real utility. We managed to build a payment system which accepts a combination of $RAG+ADA for minting our special 2021 Christmas Edition Festive Raggie NFT.

  • 23rd May 2022, we have supplied 10m $RAG liquidity paired with ADA to establish an official pool on Minswap

  • 24th October 2022, we finally got our own farm live on a mainstream DEX on Cardano! We managed to launch a triple token yield Mouse Farm on Minswap where our liquidity providers can stake their LP tokens to earn $RAG, $MIN and ADA!

  • 11th December 2022, we officially launched our second farm on a mainstream DEX on Cardano! Our RAG/ADA farm is now live on Wingriders! This farm is the result of close discussion between both projects, with an aim at providing equitable value to our holders through an attractive yet sustainable APR. If you're new to DeFi, watch the tutorial in this thread from Wingriders to learn more about how to maximise your yield through farming!

Future Plans

  • When our breeding system is implemented, RaggieCoins will be required to apply for a breeder’s licence, and every breeding transaction thereafter will require RaggieCoins. It shall be noted at this point, that applying for a breeder's licence will require a large amount of RaggieCoins (by today's standards at least) and holding multiple (at least FIVE) Raggies.

  • In the final phase of the evolution of our project, many of our game, breeding and payout parameters will be decided by community. RaggieCoins, at that point, will also function as a governance token to decide an individual’s voting power.

Swap on , , and

Play to gain XP, and convert them into $RAG in RaggieWorld

or your Raggies

Become a VIP NFT holder to enjoy fortnightly $RAG airdrops

Sell NFT for $RAG on (Official Marketplace and Auction House)

Visit (A.K.A Game Shop) to purchase in-game upgrades for you Raggie in

Buy and bid on NFTs listed on (Official Marketplace and Auction House)

Rehome Raggies from the

Pay tuition fees in (to be announced)

After the launch of our tech, RaggieCoins will gain an additional use case which is undisclosed at the moment!

📈
Minswap
WingRiders
SundaeSwap
RaggieWorld (BUY $RAG)
RaggieRun
Stake
Perma-Stake
⁠Plushie
RagAlley
RaggieStore
RaggieRun
RagAlley
Raggie Rehoming Centre
Ragsters University
Soul and Soulbound Token