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Big Red Racing Stable: Building a Revolutionary RWA Ecosystem on the Avalanche Blockchain
Big Red Racing Stable is on its way to creating a powerful real-world asset (RWA) ecosystem on the Avalanche (AVAX) blockchain, poised to compete with the top RWA platforms in Web3. While harness racing may be an industry unfamiliar to many, Big Red is making it accessible, offering a chance to be part of a leading stable that collaborates with top names in the sport.
Harness racing has a dedicated following and is a growing sector with immense potential. By combining this traditional industry with cutting-edge blockchain technology, Big Red has established an ecosystem where individuals can experience the excitement of racing while gaining access to the sport’s economic rewards. This innovative model allows NFT holders to participate in stable profits, offering a rare and tangible connection to real-world assets.
$TD Token and Monthly Buyback & Burn Mechanism: Boosting Token Value
Big Red Racing Stable is not only focused on providing an immersive experience but also a financial model that ties the racing stable’s success directly to the value of the $TD token. Each month, 15% of profits from the stable will be directed toward a buyback and burn mechanism for the $TD token. This means that each month, profits from the stables will purchase $TD tokens from the open market, which are then burned to reduce the total token supply.
This deflationary model directly benefits $TD holders. Every buyback increases demand, while each burn permanently decreases the token supply, creating sustainable upward pressure on the token’s price. As Big Red’s stable expands and earns greater revenue, the value of $TD will continue to grow in tandem with the ecosystem’s success.
Stable Expansion and the Big Red Racing Ecosystem
Big Red is actively expanding its racing stable to strengthen its ecosystem. With the acquisition of horses like Beechers Brook A through a fractionalized NFT model, the stable is building a robust lineup that aligns real-world racing success with the growth of the Web3 ecosystem. To kick off this journey, Big Red released a limited collection of 300 Racing NFTs to support the acquisition and management of these racehorses. Of these, the Big Red treasury purchased 100 NFTs, with 200 available to the public. The returns generated from these NFTs are continuously reinvested to fund future horse acquisitions, ensuring a dynamic and growing stable.
As Big Red acquires and races elite horses, it brings a novel concept to Web3, merging a profitable real-world racing stable with blockchain technology and a deflationary token model. This provides an opportunity for passive income and enhances the value of the Big Red ecosystem, setting a new benchmark for RWA projects on the Avalanche blockchain.
Big Red Racing NFTs: An Exclusive Opportunity for Passive Income
The Big Red Racing NFTs offer a limited-edition entry point into the harness racing industry through blockchain technology. With only 300 in existence and 200 released to the public, these NFTs sold out immediately, driven by high demand within the community. While initial resale values have risen, no NFT holder has opted to sell, recognizing the potential for substantial passive income as Big Red continues to thrive.
The artwork for these exclusive NFTs was created by celebrated comic book artist Mike Miller, known for his work with Marvel and DC Comics. His designs encapsulate the thrill and beauty of horse racing, making these NFTs both financial assets and pieces of art.
Looking Forward: A New Era for Big Red on Avalanche
The acquisition of Beechers Brook A represents a pivotal milestone for Big Red Racing Stable as it ventures into harness racing. This blend of traditional sports and blockchain technology positions Big Red as an early innovator on the Avalanche blockchain ($AVAX), building partnerships and expanding the stable’s reach with support from the Avalanche Foundation.
“We are excited to welcome Beechers Brook A to our racing stable, and we look forward to the benefits this addition will bring to our ecosystem,” said Naim S., CEO of Big Red. “Our goal is to make harness racing accessible and profitable for our community, increasing the value of the $TD token as we grow. This is just the beginning of Big Red’s journey, and the future is incredibly bright.”
Big Red is setting new standards in the intersection of real-world assets and Web3. As the project grows, the team is dedicated to expanding its stable, strengthening the ecosystem, and solidifying Big Red as a leader in both the harness racing and blockchain spaces.
About Big Red
Big Red is a pioneering Web3 project that integrates real-world assets with blockchain technology, offering users unique opportunities for passive income. With a focus on harness racing, Big Red Racing Stable enables NFT holders to share in stable profits through fractional ownership of racehorses, all securely powered by the Avalanche blockchain.
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