The world has been swept up in the 2021 phenomenon known as Non-Fungible Tokens (NFTs). The NFT market’s explosive expansion and the numerous media references it received this year caught many in the crypto community off guard. In contrast to more abstract ideas like DeFi, NFTs and the digital collectables they stand for are easily understood by the average person. The cryptocurrency industry has been waiting for the “killer” blockchain product to accelerate widespread adoption, and NFTs may be it.
Apecoin was created as an inspiration for the Bored Ape Yacht Club non-fungible token by Yuga Labs. The APE Foundation, which funds the APE Ecosystem, is the source of funding for Apecoin, which was developed to be used in it.
The Apecoin DAO offers a framework for Apecoin holders to interact through open and permissionless governance processes to build and preserve the APE Ecosystem fairly and equitably.
The NFT sector experienced substantial development in popularity in 2021. Due to this exponential growth, we noticed that many athletes and celebrities were buying these Apes. highlighting them on their social media platforms to raise awareness of both the NFT market and the cryptocurrency market. Celebrities like Shaquille O’Neal, KSI, Kevin Hart, Snoop Dogg, and Serena Williams all possess Bored Ape NFTs.
The Rubber Duck Bath Party is a collection of roughly 10,000 NFTs. Each duck is created uniquely and minted on the Ethereum blockchain. Gal Shir is the man behind these wonderful ducks, he has hand-drawn each duck, which is randomly generated and constructed from 200 different components.
The bath parties are virtual events that happen on the blockchain, every party has a special theme. No party is the same as the last, one certain thing is that your duck will return for the bath party changed forever. Usually, these parties are announced on Twitter and Discord, each party runs for 24 hours. Once the party is over, your duck will come back to you with different features and items of clothing.
The big freeze is happening in 60 days, on the 1st of January 2023, the bathwater temperature will drop below and that will be the final state of the water. Duck owners will have the chance to choose what form/version their duck will remain as.
Since its release in March, there have been bath parties each month and the last bath party will be in December duck owners will have the chance to choose which version they’d like to keep. For example, if your duck has attended all the bath parties then you’ll be able to choose which version you’d want to keep. On the contrary, if your duck has only been to one party, the duck will remain that way after the big freeze happens on the 1st of January.
Big Eyes Coin, a community token, was created especially to transfer money into the DeFi ecosystem while keeping a crucial element of the larger ecosystem. The money that community tokens generate is crucial for community and philanthropic organisations.
In order to support organisations that promote the preservation of marine life, Big Eyes Coin intends to donate 5% of all sales to them. It commits to taking all necessary steps to safeguard our environment. This conflict, which is happening more regularly than ever these days, has consistently had the support of the BIG community.
Big Eyes Coin makes use of non-fungible tokens to raise the value of the assets in its community, and its entertaining cat memes may aid in its growth in the NFT market. The Sushi Crew NFTs are intended to increase the Big Eyes Coin’s already significant social media following, which is currently sizable.
Big Eyes Coin aims to increase the value of the assets within its community by using non-fungible tokens, and its amusing cat memes may help it achieve traction in the NFT market. Big Eyes Coin already has a sizable social media following, and once the Sushi Crew NFTs are released, that following is expected to increase.
To learn more about Big Eyes Coin (BIG) click below
Disclaimer: Any information written in this press release or sponsored post does not constitute investment advice. Thecoinrepublic.com does not, and will not endorse any information on any company or individual on this page. Readers are encouraged to make their own research and make any actions based on their own findings and not from any content written in this press release or sponsored post. Thecoinrepublic.com is and will not be responsible for any damage or loss caused directly or indirectly by the use of any content, product, or service mentioned in this press release or sponsored post.