The organizers of the music festival in Dubai are launching a token! Every year, a bunch of big shots go rave there. A few days ago, I joined their rave in Singapore too, but I was so exhausted during the day that I ended up falling asleep right at the rave. @RaveDAO is a massive traffic gateway. A group of OGs is seriously treating entertainment and crypto as their business. Several events have been sponsored by popular figures in the space, and they’ve collaborated with WLFI. Top projects like BNB Chain, Polygon, and Moonbirds are their long-term partners. The logic behind RAVE is pretty straightforward: users can buy tickets, unlock VIP access, and collect digital collectibles; organizers can stake tokens to get brand authorization and open chapters. 30% of the net profit from each event will be used to buy back and burn tokens. Their revenue comes from ticket sales, VIP booths, and sponsorships. By 2024, their revenue is expected to exceed $3 million, with 800 million media exposures. RaveDAO is making money by throwing parties. NFTs come with offline perks—do you earn points for attending events? Can the raves I’ve been to before count? It feels like earning points and scoring airdrops just by raving offline!