Chocolate Monkey
Chocolate Monkey
Sep 24, 2022 - Sep 30, 2022
Marketplace: OpenSea OpenSea
Blockchain: Ethereum Ethereum
Tags

When you acquire a Chocolate Monkey NFT, you will own one of the 10,000 unique digital collectibles that are connected to the Ethereum blockchain. These NFTs grant exclusive access to the Candy Shop, unlocking several benefits for their owners. Additionally, purchasing a Chocolate Monkey NFT also means contributing to a charitable cause, as 15% of the sale proceeds are donated to charity.

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Explanation of the Key Terms

NFTs

NFTs, or non-fungible tokens, are digital assets that represent ownership of a unique item, such as art, music, or collectibles, on the blockchain. Each NFT is one-of-a-kind and cannot be replicated or duplicated. NFTs are becoming increasingly popular as a way to invest in and own digital assets that are verifiably scarce and unique.

Blockchain

Blockchain is a decentralized, digital ledger that records transactions in a secure and transparent way. Each block in the chain contains a cryptographic hash of the previous block, creating a permanent and unalterable record. Blockchain technology is the foundation of cryptocurrencies and is also being used in a variety of other applications, such as supply chain management, voting systems, and smart contracts.

Ethereum blockchain 

The Ethereum blockchain is a decentralized platform that allows developers to create and execute smart contracts and decentralized applications, or dApps. It is also the home of the ERC-721 token standard, which is used for creating NFTs. The Ethereum blockchain has become the go-to platform for NFTs, with many of the most popular NFT projects being built on Ethereum. The Ethereum blockchain is highly secure and transparent, making it an ideal platform for NFTs that require proof of ownership and provenance.

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