New Degen Order is a cross-chain launchpad that also comes with a DAO. The NFTs are access tokens to the project’s secret society, voting on the DAO, and eligibility to receive airdrops and Alpha calls for trading.
The project has a superb way of building value around the NFTs called ponzinonomics with the intent of weeding out flippers and paperhands.
For instance, every time someone lists the NFTs for sale below the floor price, the NFT attracts a variable tax of 33-77% in royalties as voted weekly by the DAO as per the weekly price averages.
The project features a utility token, $DEGEN, that can be earned by staking your NFT and also includes other utilities such as liquidity mining, casino, and in-game currency.
You can learn more about the project from their Twitter profile.
Total supply:Â 10,000
Mint price:Â 2 SOL
Date: June 21, 2022, at 2:00 PM PST
Blockchain: Solana
