What Is Ribbits?

2021-04-09 02:01:41 · 337 views · 3 min read

 

Ribbits is a unique set of 1,000 collectable and tradable grog themed NFTs based on the ERC721 standard on the Ethereum blockchain. Each NFT of this special collection is a lovely frog character with its own features and outfits. 


 

Each Ribbit can initially be claimed from the contract for 0.1 ETH via the website.

Currently, 465 out of the 1,000 Ribbits have already been claimed. The rest are left to be collected by NFT lovers.

 

 

You can also trade Wrapped Ribbits (wRBT). Wrapping Ribbits transforms them from an ERC-721 token to ERC-20 tokens which are tradable on exchanges like Uniswap. Each Ribbit wrapped provides 1 wRBT token and any Ribbit held by the wRBT contract can be unwrapped and sent to you in exchange for 1 wRBT.

The wRBT price in Uniswap at the time of writing is 0.08389 ETH, with a total supply of 29 wRBT tokens. You can wrap or unwrap your Ribbits NFTs on the Ribbit website.

 

 

 

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