Parliament of Owls
Parliament of Owls
May 19, 2022 - May 26, 2022
Marketplace: OpenSea OpenSea
Blockchain: Ethereum Ethereum

The Parliament of Owls (PoO) collection is EDORCE's first NFT offering on the Ethereum Blockchain. This collection includes 5,555 unique NFTs, and members who own these NFTs have the opportunity to become shareholders in the app. Owners can vote and receive dividends, all in accordance with the decentralized autonomous organization (DAO) framework. By minting or purchasing a Parliament of Owls NFT, community members can have a say in the project's direction. EDORCE, a social network for the crypto and NFT world, welcomes everyone to join and take advantage of the opportunities it offers. Every holder of a Parliament of Owls NFT will also be eligible to win the largest NFT raffle ever! Pre-sale of these coins will begin on May 19, 2022, and those interested can join the whitelist by following @edorceNFT on Twitter.

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Explanation of the Key Terms

NFTs

NFTs are a new type of digital asset that represents ownership of a unique piece of digital content, such as art or music. These tokens are stored on a blockchain, making them secure, transparent, and easily transferable. NFTs are quickly becoming a popular way to buy and sell digital assets, as they provide a unique and valuable addition to any collection.

Ethereum Blockchain

Ethereum blockchain is a decentralized digital ledger technology that allows for the creation of smart contracts and decentralized applications (dapps). Ethereum is the second-largest cryptocurrency by market cap and is built on top of the Ethereum blockchain. Smart contracts are self-executing contracts that automatically execute when certain conditions are met. Dapps are decentralized applications that run on a blockchain, and they can be used for a variety of purposes, such as gaming, finance, and more. The Ethereum blockchain has the potential to transform a wide range of industries and create new opportunities for innovation and collaboration.

Blockchain

Blockchain is a decentralized digital ledger technology that allows for secure and transparent transactions without the need for a central authority. Each block in the chain contains a record of transactions, and each block is connected to the previous one, forming a chain. Because blockchain is decentralized, it is resistant to modification and tampering, making it a secure way to store data. Blockchain has a wide range of applications, from cryptocurrencies to supply chain management and more.

DAO

A DAO, or Decentralized Autonomous Organization, is a new type of organization that operates using smart contracts on a blockchain. DAOs can be used for a variety of purposes, such as managing a decentralized community or funding a project. DAOs are run by their members, and decision-making is decentralized, meaning all members have an equal say in the direction of the organization. As the popularity of DAOs grows, they have the potential to transform traditional organizations and create new opportunities for collaboration and innovation.

Crypto

Crypto, short for cryptocurrency, is a digital asset designed to work as a medium of exchange. Cryptocurrencies use cryptography to secure and verify transactions and to control the creation of new units. Cryptocurrencies operate independently of a central bank and are decentralized, meaning they are not subject to government or financial institution control. As cryptocurrencies gain popularity, they are increasingly being used for a wide range of purposes, from online purchases to investing and trading.

Whitelist

A whitelist is a list of addresses or users that are authorized to participate in a particular activity or access a particular service. In the context of cryptocurrencies, a whitelist is often used for initial coin offerings (ICOs) or other types of token sales. Whitelisting helps ensure that only approved participants can contribute to a sale or participate in an activity, which can help reduce the risk of fraud or abuse.

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RiseAngle NFT Calendar

RiseAngle NFT Calendar is a go-to platform for NFT enthusiasts who want to stay updated on upcoming NFT drops and projects. With a user-friendly interface and easy-to-navigate design, the platform provides an intuitive way to track NFT mint schedules across multiple blockchains, including Ethereum, Polygon, ADA, Solana, and more. Whether you are a collector or an investor, this NFT calendar has got you covered.

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