Racøøn

**https://www.racoon.supply/**

Project intro:

Racøøn's NFT collection is made of 1,333 Artificial Intelligence (AI) generated pieces of art.

Racøøn's team aims to simplify accessibility to AI on the Cosmos Ecosystem and create a user-friendly gambling platform.

Supply: 1333

Mint date: 17 March 2022 → Sold out on March 27th

Mint chain: Secret Network

Mint price: 40 $sSCRT -  184 USD

Floor price: 347 $sSCRT - 318 USD

Unique holders: Marketplace doesn’t have that info, but there are 261 verified members on discord

Marketplace:

https://stashh.io/collection/secret1dvd46mkjr8s4cl2czv03h9y82heeefc0hzlrat?sort=price+asc

The X Factor

There were a few things that caught my attention: Racøøn ****is not only an NFT project on Secret Network, they also launched a token: $RAC and a gambling platform, both on Juno.

They also plan to launch 2 or 3 additional NFT collections on different Cosmos chains. That fact gave me Rekt Gang vibes and made me want to research further.

All collections will be generated with AI.

Racøøn Supply NFT minted on Secret Network, next collection will be on Juno… as Rekt Bulls 👀, and 3rd/4th still TBD.

$RAC holders can stake the token to earn a yield, they also have access to the governance and are able to create proposals and vote on, for example, things about the upcoming collections.

Regarding the gambling platform, NFT holders get a share of the profits, which is interesting and, if the platform gets traction, it can be a good source of income for holders. So far distribution happened only once - 1st Oct - and it was 1 $JUNO per NFT - around $3,7 USD