The Rat Trap is a unique collection of 5555 characters, which exist exclusively in the Ethereum blockchain as digital collectibles. Each NFT depicts a disillusioned rat and offers the holder exclusive benefits and access to solutions developed by The Rat Trap's solution development lab, the Cheese Lab. This project was initiated with the idea of making the web3 universe more accessible to a broader audience. As the web3 world is complex, The Rat Trap intends to address the challenges and changing issues through innovative and user-friendly solutions that can transform the daily lives of our holders.
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Explanation of the Key Terms
NFTs
NFTs have revolutionized the way we think about digital ownership, allowing creators to monetize their unique digital creations and collectors to own a piece of the digital world. They have also opened up new possibilities for digital art and collectibles, allowing for authenticity and rarity to be easily verified.
Ethereum Blockchain
Ethereum Blockchain is a decentralized, open-source blockchain network that allows developers to build decentralized applications, also known as DApps. It operates on a smart contract system and utilizes its own cryptocurrency, Ether (ETH), as the fuel for transactions and executing smart contracts.
Blockchain
Blockchain is a distributed ledger technology that allows for secure, transparent and decentralized transactions. It consists of a network of computers that collectively validate and record transactions in a chronological chain of blocks, hence the name "blockchain". Each block contains a unique cryptographic signature, which ensures the integrity of the chain and prevents tampering with past transactions. With blockchain, there is no need for a trusted intermediary, such as a bank or government, to oversee and verify transactions, making it a revolutionary technology with applications across various industries.
Web3
Web3 is the next generation of the internet that aims to create a decentralized and trustless environment. It is built on blockchain technology, which allows users to interact with decentralized applications without relying on a central authority. Web3 focuses on empowering users and enabling them to take control of their data and digital identity.
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RiseAngle NFT Calendar
As the go-to NFT calendar for collectors, the RiseAngle NFT Calendar is a must-have tool for those looking to stay up-to-date with the latest NFT drops. Our NFT drop calendar features all the upcoming NFT projects and releases you need to know about, including Polygon NFT drops, SOL drops calendar, Ethereum drops calendar, and ADA NFT drops. We take the guesswork out of NFT mint schedules so that you can plan your NFT purchases with confidence.