How To Buy RankerDAO (RANKER)?

A common question you often see on social media from crypto beginners is “Where can I buy RankerDAO?” Well, you’ll be happy to hear it is actually quite a simple and straightforward process. 

Step 1: Create an account on an exchange that supports RankerDAO (RANKER)

First, you will need to open an account on a cryptocurrency exchange that supports RankerDAO (RANKER).
We recommend the following based on functionality, reputation, security, support and fees:

In order to sign up, you will need to enter some basic information, such as your email address, password, full name and, in some cases, you might also be asked for a phone number or address.

Note: On specific exchanges, you might need to complete a Know Your Customer (KYC) procedure in order to be able to purchase cryptocurrency. This is most commonly the case with licensed and regulated exchanges.

Step 2: Deposit funds into your account

Many cryptocurrency exchanges will allow you to purchase RankerDAO (RANKER) with fiat currencies, such as EUR, USD, AUD and others. Furthermore, they will also provide you with multiple deposit methods through which you can fund your fiat account, such as credit and debit cards, ewallets or direct bank transfers.

Note: Some payment methods will have higher fees than others, such as credit card payments. Before funding your fiat account on your chosen exchange, make sure to do your due diligence to find out the fees involved with each payment method to avoid unnecessary costs.

Step 3: Buy RankerDAO (RANKER)

This process is similar across almost every cryptocurrency exchange. All you have to do is find a navigation bar or a search bar, and search for RankerDAO (RANKER) or RankerDAO (RANKER) trading pairs. Look for the section that will allow you to buy RankerDAO (RANKER), and enter the amount of the cryptocurrency that you want to spend for RankerDAO (RANKER) or the amount of fiat currency that you want to spend towards buying RankerDAO (RANKER). The exchange will then calculate the equivalent amount of RankerDAO (RANKER) based on the current market rate.

Note: Make sure to always double-check your transaction details, such as the amount of RankerDAO (RANKER) you will be buying as well as the total cost of the purchase before you end up confirming the transaction. Furthermore, many cryptocurrency exchanges will offer you their own proprietary software wallet where you will be storing your cryptocurrencies; however, you can create your own individual software wallet, or purchase a hardware wallet for the highest level of protection.

Alternative ways to buy RankerDAO (RANKER)

Because the project is very new, it is only offered directly on a select number of exchanges. If you’re not comfortable connecting your bank account to any of these smaller exchanges, or if you cannot connect your bank account to them for geographical reasons. Then you can instead create an account on any of the major exchanges and simply transfer the funds from there.
Out of the major exchanges we recommend the following based on functionality, reputation, security, support and fees:

For more in-depth instructions, our ‘Absolute Beginner’s Guide To Cryptocurrency Investing‘ will take you through the process step-by step. In addition to providing instructions for sending and receiving your cryptocurrency.
And if you’re completely new to crypto our beginner, intermediate and advanced level articles will get you up to speed with everything you need to know about the cryptocurrency space starting out. 

Simplecryptoguide.com

What Is RankerDAO (RANKER)?

RankerDAO is a decentralized autonomous organization designed for gamers by gamers and a first-of-its-kind social finance (SocialFi) platform. The Social-Fi experience comprises a guild for gamers passionate about P2E platforms where they get to socialize and strategize with their peers in creating new tactics to earn NFTs on P2E platforms.

The goal here is to empower members of the DAO to enjoy the full benefits of exploring existing P2E platforms in the blockchain and cryptos space while limiting the downsides of participation and exploration.

As DAO members, players will have easy access to trendy P2E games while also socializing and building a community of like-minded gamers who have the power to vote on the future trajectory of the platform as well as strategize with peers on how to win tournaments and increase earnings on P2E platforms. DAO members will also benefit from easy access to a variety of NFTs owned by the DAO. Therefore, players can borrow these NFTs as free access to top P2E platforms.

How does RANKERDAO work?

At its core, RankerDAO is a P2E guild created by gamers for gamers. The platform serves as a gateway to competitive P2E where guild members get to play P2E games thanks to the DAO’s ownership of over 500 NFTs.

As a member of the DAO, a player can play games such as Axie Infinity using one of the NFTs owned by the DAO. To play a P2E such as Axie Infinity which is currently one of the hottest P2E games, one needs to make an upfront investment. This is usually in the form of an in-game NFT that grants access to start playing. In the beginning, playing Axie Infinity was as easy as buying a $7 NFT called an Axie. However, as the game’s popularity increased, the price for participation has followed suit requiring players to form teams and purchase a minimum of 3 Axies. At the moment, Axie Infinity has nearly 3 million active players and the price of an Axie is above $200 making the total amount of funds required for participation well above $600.

With such expenses, most players can barely afford to play. However, members of the RankerDAO guild can access NFTs for the Axie Infinity game and connect with other players to team up and strategize on how to win tournaments within the game.

RankerDAO’s team of experts also offers members step-by-step guides on P2E platforms, not to mention the opportunity to rank up and earn exclusive guild NFTs. Also, RankerDAO sets up in-house tournaments as well as the opportunity to coach other players and earn.

What is the RANKER token?

The RANKER token is the native token of the RankerDAO. Platform users can use the token to mint a guild badge and unlock access to the DAO. With a guild badge, players can mint DAO exclusive NFTs, get rewards for completing guild quests, get access to DAO exclusive coaching as well as vote on the DAO’s NFT acquisition process for new games launching on the platform.

There are a total of 300 million RANKER tokens with a set initial circulating supply of 21.27 million tokens. A 4% portion of RANKER’s total supply will go to the upcoming public sale round. Already, 16.7% has been allocated to the project’s private sale round with an additional 16.7% for a seed sale round. The team will receive 5.0% and 11% will go to the platform’s marketing. The platform’s liquidity pool will receive 11.7% and 23.3% will go to players’ incentives. Overall, protocol development will receive 11.7%.

Who are the founders of RankerDAO?

Liko Yosafat, Founder of RankerDAO. For over five years, Liko has been a noteworthy community builder in the world of crypto. He’s been involved in several projects, such as Pundi X, Function X, Binance Angels Indonesia, and ProjectSeed – of which he is also the co-founder. Aside from his passion for crypto projects, Liko is an avid gamer, too, and he enjoys spending his free time indulging in different games across a variety of platforms. Along with his team, who shares the same vision, Liko aims to help fellow skilled gamers earn a decent living – from various play-to-earn games without compromising on fun.

Stefano Adrian, Esports Growth Manager. Stefano has been a key player in growing the E-Sports scene for ESL Gaming. Has handled and organized talents and tournaments from all over ASIA and is now pivoting into growing the vast ecosystem of blockchain gaming.

What Makes RankerDAO Unique?

RankerDAO is a first-of-its-kind play-to-earn DAO. With over 500 NFTs players can access popular P2E games such as Axie Infinity and Thetan Arena. Players don’t just get to play and explore each P2E world, they also get access to coaching, scholarships, and RankerDAO’s “Social-Fi” ecosystem that connects players for the best P2E experience. What’s more, RankerDAO offers players an opportunity to earn even more from P2E platforms with a P2E Games Yield mechanism designed to help players generate passive income.

RankerDAO development updates in 2023

RankerDAO has made notable strides in the cryptocurrency landscape throughout 2023. This DAO is particularly focused on leveraging blockchain-based activities to empower crypto enthusiasts. Here’s a comprehensive overview of the most significant updates and developments for RankerDAO in 2023:

• Tokenomics and Supply Structure: RankerDAO has a total of 300 million RANKER tokens, with an initial circulating supply of 21.27 million tokens. The allocation of these tokens has been strategically distributed among various stakeholders, including a public sale round, private and seed sale rounds, the development team, marketing, liquidity pool, player incentives, and protocol development​​.

• NFT Integration and Gaming Badges: A significant development in 2023 is the launch of NFT badges by RankerDAO. These badges serve multiple purposes: they allow players to apply for scholarships, participate in exclusive events, and request new games to be added to the NFT collection. Additionally, RankerDAO offers unique coaching and access to its inventory of NFTs, enhancing the play-to-earn (P2E) experience for gamers​​.

• Play-to-Earn Gaming Focus: RankerDAO stands out with its emphasis on P2E gaming. The platform facilitates access to popular P2E games and offers a comprehensive ecosystem, including coaching and scholarships. It’s designed to make P2E gaming more accessible and profitable for players, showcasing a unique blend of gaming and crypto-economic models​​.

• Whitelist Badges and IGO Participation: Another notable feature is the RankerDAO Whitelist Badge. Holders of this badge get early access to new games and investment slots in upcoming Initial Game Offerings (IGOs). This feature underscores RankerDAO’s commitment to staying at the forefront of the GameFi landscape​​.

• Community and Adoption Efforts: RankerDAO’s community-centric approach is evident in its efforts to increase crypto and blockchain adoption through engaging gaming experiences. The platform has already managed to attract significant interest, with over 1,500 scholarship applications from players eager to participate in P2E platforms​​.

• Market Performance: As for its market performance, RankerDAO’s token, RANKER, has experienced fluctuations in value throughout the year. It reached an all-time high in early 2022 but saw a decrease in its price later in the year. However, it showed a considerable rebound in mid-2023, indicating a growing interest and potential recovery in its market value​​​​.

In summary, RankerDAO’s developments in 2023 have been centered around enhancing the P2E gaming experience, leveraging NFTs, and fostering a robust community of gamers and crypto enthusiasts. These advancements position RankerDAO as a promising player in the intersection of gaming and cryptocurrency.

Official website: https://rankerdao.com/

Best cryptocurrency wallet for RankerDAO (RANKER)

There are plenty of different crypto wallets available. The best one for you depends on your general trading habits and which provides the most security in your situation. There are two main types of wallets: hot storage wallets (digital) and cold storage or hardware wallets (physical). Both have their pros and cons, and there is not necessarily a right or wrong answer when it comes to figuring out which crypto wallet is best for you.

HOW DO I DECIDE WHICH cryptocurrency WALLET TO USE for RankerDAO (RANKER)?

Deciding which type of wallet to use depends on a variety of factors, including:

• How often you trade. In general, hot wallets are better for more active cryptocurrency traders. Quick login ability means you are only a few clicks and taps away from buying and selling crypto. Cold wallets are better suited for those looking to make less frequent trades. 
• What you want to trade. As mentioned earlier, not all wallets support all types of cryptocurrencies. However, some of the best crypto wallets have the power to trade hundreds of different currencies, providing more of a one-size-fits-all experience.
• Your peace of mind. For those worried about hacking, having a physical cold wallet stored in a safe deposit box at the bank or somewhere at home, provides the safest, most secure option. Others might be confident in their ability to keep their hot wallets secure.
• How much it costs. It is important to investigate the costs associated with each wallet. Many hot wallets will be free to set up. Meanwhile, cold wallets, like any piece of hardware, will cost money to purchase.
• What it can do. While the basics of each cryptocurrency wallet are the same, additional features can help set them apart. This is especially true of hot wallets, many of which come with advanced reporting features, insights into the crypto market, the ability to convert cryptocurrencies and more. Security features can also be a good differentiator.

For a more in-depth overview of cryptocurrency wallets visit our “Cryptocurrency Wallets Explained” guide.

If you’re going to be dealing in larger volumes of crypto, investing in cold storage might prove advantageous.
Most widespead examples of this being the Ledger Nano and the Trezor.

Ledger manufactures cold storage wallets designed for users who want increased security. Their wallets are a physical device that connects to your computer. Only when the device is connected can you send your cryptocurrency from it. Ledger offers a variety of products, such as the Ledger Nano S and the Ledger Nano X (a bluetooth connected hardware wallet).

Trezor is a pioneering hardware wallet company. The combination of world-class security with an intuitive interface and compatibility with other desktop wallets, makes it ideal for beginners and experts alike. The company has gained a lot of the Bitcoin community’s respect over the years. Trezor offers two main models – The Trezor One and Trezor Model T (which has a built in touch screen).