RaveDAO will issue the Genesis Member NFT on November 11

Web3 music community RaveDAO announced the launch of its Genesis Membership NFT on November 11 at 11:11 UTC on Base and BNB Chain, supported by PLVR technology. This NFT will serve as an on-chain identity credential, providing priority access to events, RAVE point rewards, and eligibility for the Genesis lottery.

Membership is divided into four tiers: Emerald, Gold, Platinum, and Black Gold, with benefits increasing with each level. Black Gold members will receive an exclusive backend pass and a 7x lottery probability. The prizes for the Genesis lottery include 25,000 RAVE points (1 winner), Tomorrowland festival tickets (valued at $5,000, 1 winner), and lifetime VIP access (3 winners).

RAVE points can be redeemed for $RAVE tokens after the Token Generation Event (TGE), and the lottery results will be randomly generated through ARPA Randcast and announced one week after the TGE.