The Party On rear wheel, equipped with a Cassette hub for Freestyle BMX bikes, is available in its second edition. Rant has diligently worked on updating the Party On series. A significant feature includes making both front and rear wheel setups compatible with their range of slide-on plastic Party guards. This has been accomplished by using wider and flatter cones.

The Party On V2 wheel features '14 gauge' spokes that are robust and long-lasting. Gauge indicates the thickness of metal wires. These are mounted onto Rant's proven Squad rim, which is a heavy-duty, double-walled rim. In this rear cassette model, the emphasis has also been on enhancing the wheel's reliability compared to its predecessor.