Revel is a social collectibles platform. It brings social media self-expression together with the trading opportunities of a marketplace. (photos, videos, and text-to-AI artwork).

NFTs are unique digital assets that may have financial value. In the future, we plan to enable users to withdraw funds that they earn from selling personal media Assets on Revel.

Assets are photos, videos, and text-to-AI artwork. In the future, Revel plans to enable creation of other media formats as Assets.

A Collection is created when a user Mints 3 Assets. Each of the three Assets has a different Rarity setting, and different number of Editions. A user’s initial Collection has 16 Editions:

• Unique Asset → 1 Edition (Purple Indicator)
• Rare Asset → 5 Editions (Blue Indicator)
• Common Asset → 10 Editions (Orange Indicator)

• Rarity provides insight into the number of Editions of an Asset. How scarce it is.
• There can only be 1 Unique Edition in a Collection.
• Rare Assets start with 5 Editions.
• Common Assets start with 10 Editions.
• When a user Mints new Collections, their Rare and Common Editions increase with every new Mint. To learn more about what governs new Collections, see (What is a Series)

• Your first Collection generates 16 total Editions. (See What is a Collection )
• As you mint new Collections, the number of Rare and Common Editions increases. For more information, visit (What is Harvest / Series Drop) .

• Minting a new Collection involves creating Assets by uploading 3 media files (photos or videos) or generating text-to-AI artwork.
• Users choose what Rarity type to assign to each of the 3 Assets.
• Users are prompted to name the Assets.
• Users are then informed on the number of Editions that will be Minted for each Asset / Rarity type.
• Upon creating the collection, the Assets are minted as Editions on Revel.

• The Creator of the Assets owns the Assets. Other Edition owners receive a personal-use license.
• A portion of each Collection’s Editions are distributed to new registered users as part of their starter pack.

We are working to allow users to connect a crypto wallet to claim Revel Assets into NFTs on an external wallet. We will announce when this functionality is released.

Providing new users with a StarterPack of several editions facilitates Revel’s free-to-play ecosystem, where everyone is welcome to experience Revel and start trading without the need to immediately pay.

• A Series is formed when a user collects a Unique, a Rare and a Common Edition from the same Creator and Locks them together.
• Upon a Series being formed:
  • The Creator of the Series’ Assets is able to Mint another Collection.
  • The Owner of the Series is eligible for Harvest Editions from the said Creator. Harvest Editions are received by the Series Owner everytime the Creator Mints a new Collections.

• Acquire one Edition of a Common, a Rare and a Unique Asset created by the same user (Creator).
• Click ‘Create a Series’ button on the Dashboard → You've Collected tab, or on Creator’s user profile
• This will bring you to a Deck where you can see your Assets from said Creator.
• After selecting a Unique, Rare and Common Editions, the Create Series Button becomes clickable.
• Upon confirming, the Series is Locked.

• All users can create an initial Collection.
• To mint another Collection, another user must create a Series from your assets, one of each rarity. A Collection Mint opportunity is unlocked when a Series of your Assets is Locked.

No. You may trade Assets for Assets.

• Offers are trade requests to exchange Assets and/or $R (Revel Dollars).
• On the Offers screen users view Offers Received and Submitted. Users have the option to accept, decline, or counter Received Offers and can revoke Submitted Offers at any time.

A Public Offer goes to all Edition Owners of a single Asset.

• This Offer is publicly visible.
• This Offer impacts the Estimated Asset Value.
• Public Offers are limited to trading for a Single Asset.

A Private Offer is a specific offer between two users.

• This Offer is not publicly communicated.
• It is currently triggered by submitting a ‘Counter Offer’ to a Public Offer
• Private Offers can be made to another user from their profile.

Users can counter a Public Offer or a Private Offer.

• Once a Public Offer is countered - it becomes a Private Offer.

A Starter Pack contains Assets distributed to new users.

• The Portfolio is a summary of all Assets & Series a user owns.
• Use a variety of filters to manage your Assets as well as your Series.

Estimated Asset Value is denoted by the tilda (~) symbol. All Assets start with a default Estimated Asset Values of:

• Common = 1 $R
• Rare = 10 $R
• Unique = 100 $R

When an Asset is traded or has a pending Offer, the Estimated Asset Value changes to based on, amongst other things:

• The last trade of that Asset or
• The highest Offer for that Asset.

Estimated Asset Value also drives:

• The Estimated Offer Value that users see when making and receiving Offers.
• Portfolio Value.
• A User’s Net Worth.

Estimated Asset Value is denoted by the tilda (~) symbol. All Assets start with a default Estimated Asset Values of:

• Common = 1 $R
• Rare = 10 $R
• Unique = 100 $R

When an Asset is traded or has a pending Offer, the Estimated Asset Value changes to based on, amongst other things:

• The last trade of that Asset or
• The highest Offer for that Asset.

Estimated Asset Value also drives:

• The Estimated Offer Value that users see when making and receiving Offers.
• Portfolio Value.
• A User’s Net Worth.

The user who Minted an Asset owns the Asset so long as the underlying media does not infringe IP or copyrights.

When a User trades for or otherwise receives Assets created by other users, they receive a personal-use non-commercial license to use the Assets.

• Read about Revel’s non-commercial license policy in our Terms of Use

Revel reserves the right to remove Assets or users that infringe on another’s IP or if we determine the Asset is malicious, obscene and/or inappropriate by nature.

• A Non-Commercial License allows the Edition Owner personal use and display use of the asset.
• It allows the Edition Owner to sell the Edition under the same Non-Commercial License.
• It does not allow the user to exploit the Asset’s Edition commercially. An example of commercial use is using the Asset/ Edition for advertising purposes.
• For more, see our Terms and Conditions.

• On iOS devices, Users can purchase $R on their Portfolio or Profile Settings.
• Android purchases are coming soon.

• Not at this time.
• To trade Assets in a Series, you must Unlock the Series. Once unlocked, you can submit a Private Trade Offer that includes all three Assets from the previously Locked Series.

• Tap the Lock icon on the Series that you own and would like to Unlock.
• Once you Unlock a Series, you will no longer be eligible for Harvest Drops from that Series.

Yes! Offers can be made on Assets in a Series but can only be traded once the Owner of the Series unlocks it.

• Chat functionality is available on Revel
• Users can only chat with users they own an Asset of.

• For multiple asset trades, you can counter a Public Offer or make a Private Offer on the user’s profile.
• For offers on a single Asset, you can make an Offer on an Edition said user owns. The Offer will go to all Editions owners of that Asset.

• Jokers are PFP NFTs that can be used as a substitute for a Unique Asset to complete a Series.
• Jokers are available for purchase on the Portfolio under the Creators tab or Profile Settings.

Harvest Drops are Assets distributed to the holders of a Series when the user who created the Assets in the said Series, mints a new Collection. For more information, see (What is a Series?).

Gifting is on our roadmap.

Assets are lazy-minted and reside on the Revel centralized database.

We are developing compatibility with Polygon (an Ethereum Layer 2 blockchain) to enable you to take custody of your Assets by connecting a crypto wallet.

Once our Polygon integration is complete, Assets may be interoperable with other Web 3 services and may even be sold on OpenSea.

This functionality is on our roadmap, but no promises at this time.

A cool off period occurs when the user has surpassed the maximum number of collections that can be minted every day. Users can create up to 3 collections per day.

A cool off period establishes a proof of demand economy, ensuring that the Discover feed is diverse and not dominated by a single creator's collection.

• The Creator of the Assets owns the Assets. Other Edition owners receive a personal-use license.
• A portion of each Collection’s Editions are distributed to new registered users as part of their starter pack.

If you are notified that you are eligible to mint during the cool off period, the amount of times you can (depending on series creations) are rolled over to the following day.

Currently mints do not stack. For example, if 2 people create a series of your assets before you mint, you will not be able to mint twice.

Yes. Offers expire after 14 days if they are not accepted, rejected, or countered.