DEGENIE
DEGENIE
Nov 07, 2023 - Nov 13, 2023
Marketplace: OpenSea OpenSea
Blockchain: Ethereum Ethereum

DAY4LABS team have zero experience in NFT & Digital Art projects, pre-2023. In November 2023 we launch: Degenie.

Degenie is made up of 6,666 djinns on the Ethereum blockchain, created to be shared, with extreme warning, that you should be careful what you wish for. 

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Explanation of the Key Terms

NFTs

Non-fungible tokens (NFTs) are the digital keys to a transformative universe, where rarity and authenticity intertwine with blockchain technology. Each NFT, a unique and unforgeable cryptographic certificate, is a testament to the originality and lineage of digital art, music, virtual real estate, and collectibles. NFTs are more than tokens; they are the gateway to a realm where creators, collectors, and innovators rewrite the rules of ownership and creativity. They bridge the divide between the physical and digital worlds, redefining how we perceive value and uniqueness in a space where innovation knows no bounds. NFTs are the strokes on the canvas of a digital renaissance, where the boundaries of what's possible blur, and ownership is imprinted onto the blockchain for all to see.

Ethereum Blockchain

Ethereum Blockchain, often heralded as the backbone of decentralized applications (DApps), is a groundbreaking force in the world of blockchain technology. Unlike its predecessor, Bitcoin, Ethereum is not limited to digital currency; instead, it serves as a versatile platform for smart contracts, enabling developers to create a wide array of decentralized applications. Its native cryptocurrency, Ether (ETH), fuels this ecosystem and facilitates peer-to-peer transactions and smart contract execution. Ethereum's impact goes beyond just financial applications; it has paved the way for a vibrant DeFi (Decentralized Finance) ecosystem, NFTs, and a new era of blockchain innovation. As Ethereum continues to evolve and transition to Ethereum 2.0, its promise of scalability and sustainability offers a glimpse into the blockchain's transformative potential.

Blockchain

Blockchain, often referred to as the digital ledger of trust, is a revolutionary technology that has disrupted traditional systems of record-keeping. It offers a decentralized, transparent, and tamper-resistant platform for recording transactions across a network of computers. In essence, it creates an unchangeable digital ledger of transactions, making it highly secure and efficient. Beyond its roots in cryptocurrencies, blockchain has permeated various industries, including supply chain, healthcare, finance, and more, offering a new paradigm for data management and trust. Its potential to increase transparency, reduce fraud, and streamline processes has made it a cornerstone of digital innovation. As blockchain continues to evolve, it promises to reshape the way we conduct business, exchange value, and manage data in an increasingly interconnected and secure world.

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