🔥Issuance and Burning of NFTs

During the token launch, we offer a limited number of FREE NFTs to our exclusive inner club membership as a bonus for early adopters who purchase a certain number of tokens. This is only available during the first two sales rounds, and after that, the NFTs can only be earned through community participation.

To facilitate the issuance of NFTs to reward community leaders and participants, Rebels Revolt will utilize smart contracts on the Ethereum blockchain (subject to gas prices) to handle the minting, management, and distribution of the inner club membership NFTs.

The smart contract would include the rules for NFT issuance and the mechanism for linking the NFTs to a specific wallet address. Only the wallet owner could use the NFT, making them exclusive to that individual, permanently tied, non-transferable, and with ZERO resale value.

The smart contract will be programmed to periodically check the wallet address to ensure that the NFTs remain bound to the original wallet and cannot be transferred to another address.

A function in the smart contract will allow for the "burning" of an inner club membership NFT if it remains inactive in the owner's wallet for a certain period and rewards the most active users with the NFT.

To "burn" the NFT, a mechanism will be added to the smart contract to destroy and remove the NFT from circulation. This could be done by setting a flag on the NFT that marks it as "burned" and removing it from the smart contract's list of minted NFTs.

The smart contract will prevent any NFT transactions once burned to ensure that the NFT is not reused or transferred.

A notification system in the smart contract would notify the NFT owner that their NFT will be burned if they don't interact with it in a certain period, allowing them to use it before it's burnt.