Moonkey Gambling
Moonkey Gambling
Sep 03, 2022 - Sep 09, 2022
Marketplace: Magic Eden Magic Eden
Blockchain: Solana Solana

Our Monkey Gambling NFT collection is a unique and exciting way to own and invest in NFTs. Our 777 NFTs are algorithmically generated and stored on the Solana blockchain, ensuring proof of ownership for our users. What's more, 80% of all revenue generated from our project goes directly to our HODL users. With our Monkey Gambling NFTs, users can enjoy the thrill of gambling with their monkeys while earning a profit on their investment. Each NFT is completely unique and offers a one-of-a-kind experience. Join our community today and take part in the exciting world of NFTs and cryptocurrency.

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Explanation of the Key Terms

NFTs

NFTs are digital tokens that represent ownership of a unique asset or piece of content, such as artwork, music, or collectibles. These tokens are stored on a blockchain, making it possible to verify their authenticity and ownership. With NFTs, creators and collectors can buy, sell, and trade unique digital assets, unlocking new opportunities for monetization and creativity.

HODL

HODL is a term used in the cryptocurrency community to describe holding onto cryptocurrencies for the long term, instead of selling them in the short term for a quick profit. This term was coined after a misspelling of the word "hold" in a Bitcoin forum. HODLing has become a popular investment strategy for those who believe in the long-term potential of cryptocurrencies. HODLing requires patience and a strong belief in the technology behind cryptocurrencies, as short-term price fluctuations can be highly volatile.

Cryptocurrency

Cryptocurrency is a digital asset that is secured using cryptography and operates independently of a central bank. It is used as a medium of exchange in financial transactions, but also as a store of value and investment. Cryptocurrencies have gained immense popularity in recent years due to their decentralized nature and the potential for high returns.

Solana Blockchain

Solana Blockchain is a next-generation blockchain platform that has gained popularity for its fast transaction processing, high scalability, and low fees. It utilizes a novel consensus algorithm called Proof of History (PoH) to achieve a throughput of up to 65,000 transactions per second, making it one of the fastest blockchain networks in the market. Solana is also highly interoperable, which means it can seamlessly connect with other blockchain networks to facilitate cross-chain transactions and interoperability. Its high performance and low latency make it a popular choice for developers and businesses looking to build decentralized applications that require high-speed and low-cost transaction processing.

Blockchain

Blockchain is a decentralized digital ledger technology that enables secure and transparent transactions without the need for intermediaries. It works by recording every transaction made on the network in a block, which is then added to a chain of blocks (hence the name blockchain). Each block is verified and validated by a network of nodes before being added to the chain, ensuring that the data stored on the blockchain is immutable and tamper-proof. With its secure and transparent nature, blockchain has the potential to revolutionize a wide range of industries, including finance, healthcare, and supply chain management.

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RiseAngle NFT Calendar

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