OneRare is bringing a gastronomic experience to NFT space by launching the world’s first food Metaverse, aka Foodverse. As the name suggests, the platform celebrates food through an immersive and gamified world where players can play, earn, collect and battle.
Mark your calendars because on the launch date, November 25, the food-loving platform is serving a new NFT flavor to the community.
OneRare’s Foodverse Concept
OneRare, the latest project to come out of the Enjinstarter initiative, is using a game format to celebrate global cuisines. In addition, it aims to bring the global F&B industry to the blockchain. The team proudly declared that they are building the first tokenization layer that celebrates Food in Web3.
The four pillars of the game revolve around the farm, market, kitchen and playground. Firstly, the farm is a play-to-earn land where farmers grow ingredient crops. Then, the farmers can sell their ripe produce to Collectors in the Farmer’s Market. In the kitchen, users can read recipes and combine ingredients in order to mint dishes. Finally, players can battle in mini-games at the virtual playground.
The real stars of the platform are the food NFTs. The platform enables users to create incredible dishes, including collaborations from celebrity chefs and famous restaurants. So the game is “foodify-ing” the blockchain by allowing users to mint and claim their dish.
The $ORARE tokens are powering all transactions in the platform. Essentially, the $ORARE token enables transactions in the farmers market, playing games and unlocking upgrades in the playground, and participation in platform governance.
The Reception so Far and Upcoming Milestones
A few days ago, the platform announced that they’d raised $2 Million in funding from their private sale. Notable angel investors in the NFT space are backing the platform. For example, Sebastien Borget from The Sandbox, Sandeep Nailwal from Polygon and Nischal Shetty from WazirX.
OneRare opened its private sale to an overwhelming response from the blockchain community, leading to a heavily oversubscribed round. The team also received investment from top-tier funds in the crypto space. Arkstream Capital, Momentum 6, X21 Digital, StableNode, Exnetwork Capital, Everse Capital, Kangaroo Capital and Tag Ventures game their thumbs up to OneRare.
What’s next?
Going forward, OneRare is gearing towards the public launch of the OneRare Utility Token. TrustPad and Enjinstarter launchpads will host the IDO round along with a pre-IDO on Genesis Shards. According to the timetable on Twitter, Genesis Shards will be on November 24, while Enjinstarter and Trustpad are scheduled on November 25 and 27, respectively.
For more information, you can explore the project’s website!
All investment/financial opinions expressed by NFTevening.com are not recommendations.
This article is educational material.
As always, make your own research prior to making any kind of investment.