What is NFT, what are the representative gameplay and potential projects

特邀专栏作者

2020-10-23 09:33

This article is about 3730 words, reading the full article takes about 6 minutes

Learn about the new gameplay of NFT combined with Defi in this article.

The first project in the non-fungible token (NFT) market was CryptoPunks launched in June 2017, which became popular in December 2017 with the launch of CryptoKitties and its wild spread. Different from homogeneous tokens such as BTC and ETH, the main feature of NFT tokens is their uniqueness. The tokens are unique and indivisible, and the unit is 1. Nonetheless, what traditional tokens can do, such as trading and transferring, NFTs can also do.

Traditional NFT project tokens are mainly based on collection value. Since they are indivisible, their liquidity is not good, and their market size is relatively small. With the explosion of emerging applications such as Defi, the combination of Defi and NFT has given new vitality to the pure NFT token trading market that was originally illiquid.

Here we will focus on 6 blockchain projects based on NFT tokens. Unlike traditional NFTs that rely only on collection value, the projects in this article include Defi+NFT mining projects, and projects that combine Defi and NFT to improve liquidity. , NFT items cleverly used by game applications, and NFT collectible items relying on huge fan traffic. Compared with traditional NFT projects, these projects have greatly improved in application and speculation.

Project Description:

01 Whale

Project Description:

Token economy:

The upper limit of Whale tokens is 10 million, 50% of which are held by the initiator WhaleShark, and 50,000 are unlocked every month, of which 20,000 Whale tokens will be used to directly purchase NFT, which will be operated by WhaleShark itself.

In addition, Whale supports Uniswap mining incentives, and mining pool participants can get 5,000 Whale incentives every month. The threshold for participation in the mining pool is US$500, which will gradually increase by US$50 every month.

NFT artwork creators will be screened by the project party according to the qualifications of the artists every month, and 10 will be rewarded with 2,000 Whale tokens, and they will continue to enjoy the benefits for 3 months after being selected.

Project Twitter:

Project official website:

https://whale.me/

Project Twitter:

https://twitter.com/WhaleShark_Pro

Project Description:

https://discord.com/invite/whale

02 MEME

Project Description:

Token economy:

The total amount of MEME tokens is 28,000, which will be issued for the first time in the form of airdrops in the Telegram group. Those who fill in the address correctly will get 355.55 MEME tokens each, and contract deployers will get 2,000 MEME tokens, of which 1,000 Added to Uniswap as liquidity market making.

Project Twitter:

Project official website:

https://dontbuymeme.com/#farm-nfts

Project Twitter:

https://twitter.com/DontBuyMeme

Project Description:

https://t.me/thedegenerator

03 DEGO Finance

Project Description:

Token economy:

The NFT token of DEGO is GEGO, and fans can get it in 3 ways.

1. Participate in the ongoing airdrop. Players can get 1 GEGO airdrop by joining Telegram and Discord groups and following Twitter. The total amount of airdrop is GEGO worth 100,000 DEGO. The airdropped GEGO has six grades, and the corresponding value is 1~100 DEGO.

2. The DEGO project will generate a certain amount of system income during the system operation, and part of the system income will be used to mint GEGO. Players can use ETH to participate in the auction to obtain GEGO and obtain income during the auction.

Project Twitter:

Project official website:

https://dego.finance/home

Project Twitter:

https://twitter.com/dego_finance

Project Telegram:

https://twitter.com/dego_finance

Other similar projects:

Aavegotchi，Cryptowine，yinsure.finance

Project Description:

04 Centrifuge

Project Description:

Official Twitter:

Token economy:

Official website:

https://centrifuge.io/

Official Twitter:

https://twitter.com/centrifuge

Official Medium:

https://medium.com/centrifuge

Project Description:

05 SAND

Project Description:

Token economy:

SAND tokens have the following application scenarios on The Sandbox platform:

Medium of exchange: Players can collect SAND through gameplay, and then spend SAND to play games, buy equipment or customize Avatar characters. Creators can use SAND to acquire assets and land. Artists can use SAND to upload assets to the marketplace and purchase GEMs to define item rarity.

Governance: SAND allows holders to participate in governance decisions. SAND owners can vote themselves or delegate voting rights to other participants of their choice.

Staking: Users can stake SAND tokens to earn rewards, as well as GEM and CATALYST for asset creation.

Project Twitter: