The BlockShark RTE NFT project explained in simple terms

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1. The basic idea: What is the “Radical Transparency Experience”?

The “Radical Transparency Experience” (RTE) is a unique digital project that combines art, a social experiment, and an interactive investigative game. At its core, an NFT serves as an exclusive access key. This key allows the holder to use specialized AI agents to investigate the project founder’s real, personal documents. Participants can delve deeply into topics such as finance, health, and legal disputes to form their own opinions. It is a journey into radical disclosure made tangible through technology.

2. The NFTs: Your keys to the experience

Two key NFT types form the core of the project. They serve either as an access ticket to the research or as the main prize.

  • The “BlockShark RTE” Access NFT: This NFT is the main ticket to participate in the “Investigation Game”. It grants everyone new owner one-time access to conduct one’s own investigation.
featureDescription
Total quantity4,200 units
For sale3,000 pieces
For the raffle1,200 pieces
Price (Mint)0,004 ETH (ca. 10,- €)
Special feature50% royalty fee on resale

This fee is the fuel of the system: 25% goes into the project treasury and 25% directly to the founder to fund ongoing development and monthly raffles.

  • Der “TimeLoop-25” Lifetime-Access-NFT: This particularly valuable NFT is the main prize that can be won in the monthly draw. It grants its owner a lifetime access to all future projects of Blockshark DAO and thus represents long-term value.

Once the keys to the experience have been defined, the question arises as to how the project will proceed in detail.

3. The process: How does the project work step by step?

The project process is divided into two phases: the initial start and the subsequent, self-sustaining cycle that drives the project.

3.1. Phase I: The start of the collection

At the start of the project, 3,000 “BlockShark RTE” Access NFTs will be sold publicly. Simultaneously, the remaining 1,200 NFTs will be raffled off to the first participants of the Experience in order to build an engaged community from the outset.

3.2. Phase II: The “economic machine” for new owners

After the initial phase, the core mechanism, referred to within the project as the “economic engine” and “secondary market turbo,” comes into play. This process is the heart of the project: The chance to win a valuable “TimeLoop-25” NFT in the monthly lottery creates a constant incentive to acquire a “BlockShark RTE” NFT on the secondary market, which in turn finances the project through the high royalty fee.

  1. Buying on the secondary market: A person buys a “BlockShark RTE” NFT from an existing owner on a public marketplace.
  2. New owner’s check: The system uses blockchain data to recognize that it is a “new holder” – that is, a person who has not yet gone through the experience with this wallet address.
  3. Interaction with the AI ​​agents: The new owner now has the authority to begin his investigation. He can interact with four AI agents to analyze the founder’s documents and ask targeted questions.
  4. The assessment: At the end of his investigation, the user gives his assessment of various aspects of the disclosed information. By submitting this assessment, he qualifies for participation in the monthly prize draw.

This cycle ensures that the NFTs retain a clear benefit even after the initial sale and awakens curiosity about the details of the raffle.

4. The monthly prize draw: Your incentive and your chance to win

The monthly prize draw is the driving force that maintains long-term interest in the project. The rules are simple and transparent:

  • The price: Every month 25 “TimeLoop-25” Lifetime-Access-NFTs redeemed.
  • The duration: The raffle will take place 20 Months a long time, until the entire quota of 500 of these special NFTs has been distributed.
  • Participation: All new NFT owners from the previous month who have completed the “Experience” and submitted their assessment are eligible to participate.
  • The “loose system”: The chance of winning is weighted and rewards a thorough examination of the content.
    • At least 2 correct predictions: You receive 1.
    • 3 correct predictions: You receive 2 Lose (double chance).
    • 4 correct predictions: You receive 3 Lose (triple chance).

5. Comparison of winning probabilities: RTE vs. Lotto

To make the chances of winning more tangible, a comparison with the classic lottery is worthwhile.

  1. The probability of winning the main prize in the classic lottery “6 out of 49” (plus Super Number) is approximately 1 in 140 million.
  2. Depending on the number of participants each month, the chances of winning in the RTE project are many times higher:
Scenario (participants per month)Chance of winning (at least)How much more likely than the lottery jackpot?
100 participants25% (1 to 4)approximately 35 million times
1,000 participants2.5% (1 to 40)approximately 3.5 million times
10,000 participants0.25% (1 in 400)approx. 350,000 Mal

These figures illustrate the core message of the project:“Forget the lottery. With Blockshark RTE you have a real chance.”

6. Conclusion: The project cycle

The Blockshark RTE project creates a closed loop: An NFT serves as a ticket to a unique, AI-powered experience, the access to which is renewed with each resale. Completing this experience qualifies the participant for a monthly drawing with the chance to win a valuable lifetime-access NFT. This mechanism generates a permanent incentive to buy on the secondary market, making the project a self-sustaining “economic machine.”

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