Have you heard about DeGods NFT? It is a Solana-based NFT made with 10,000 deflationary PFP NFTs. DeGods calls itself the best NFT collection and is one of the most well-known and expensive NFT collections available.
DeGods, like other NFTs, aims to foster an active, enthusiastic community, but it stands apart in that it discourages flipping, which is how most NFT traders make money, and instead urges investors to hold their DeGods NFTs.
If you are trying to figure out a complete guide to these NFT collections, we’ll help you out. This article takes you to everything that you need to know about DeGods and its features.
What Is DeGods?
DeGods is a deflationary collection with 10,000 virtual, extremely colorful gods that is based in Solana. In March 2021, DeGods made their debut on Twitter, touting their special selling proposition of being a deflationary NFT.
The vibrant project had already gained a lot of support by September 2021, including from sportsmen, artists, and developers.
As part of its September debut, Olympus asked its initial members to finish projects to have early access to the NFTs.
Stalking went live in January 2022 following several months of heavy buildup, which featured a video of a man falling out of a plane while wearing a DeGods outfit. Since more than half of the collection stock was stocked after just one day, it is safe to say that the collection’s popularity was cemented.
Regarding DeGod’s concept, how these digital artworks are presented is highly intriguing and out of the ordinary, which is completely consistent with the whole project. DeGods are typically representations of the project’s gods, a collection of mythical figures modernized with a particular punk aspect.
According to the rarity of DeGod’s features, NFT is divided into five categories: Common, uncommon, Rare, Ultra Rare, and Mysterious.
Who’s Behind DeGods NFT?
DeGods is one of the popular NFTs available in the crypto market today. But do you know who is behind DeGod NFTs? DeGods is led by a pseudonymous person who just goes by the name “Frank,” as is the case with many other NFT projects. Frank is also reportedly the name given to the community of DeGods’ devoted fans.
DeDAO is a distinguishing feature of the DeGods ecosystem. The DeGods founders and community leaders act as the organization’s principal decision-makers.
The DeAlpha Team, a group of NFT professionals and community leaders, determines where the collection fits into the market and makes judgments.
The Divine Council, a body of elected individuals, also has involvement in funding allocation and purchase decisions. The DeDAO Leads collectively refer to the Community Leaders of DeGods and the Divine Council of DeDAO.
Where To Buy DeGods NFTs?
You can buy DeGods on Magic Eden, Alpha Art, Solanart, and OpenSea. After making a purchase, you can connect with other users and authenticate your assets by joining the official Discord channel. You can use the Snipping Tool and Official Rarity Tool to determine an NFT’s rarity before buying it.
Which Is The Token For DeGods NFTs? How to earn it?
The official token for the DeGods collection on the Solana blockchain is $DUST. The only way to generate $DUST is by burning or staking a DeGods NFT. The overall quantity of $DUST coins has been limited to 33,300,000, halving events occurring at supply milestones.
You can get 2.5 DUST per DeGod per Day and 7.5 DUST per DeadGod per day to have $DUST. No other means of income exist for $DUST. Moreover, new collections will be released later on that can only be purchased with $DUST.
What Are The Benefits of Having DeGods NFTs?
A DeGod comes with several benefits in addition to being a highly prized NFT. The DeGods NFTs are the first and foremost deflationary. It indicates that the NFTs’ value will keep rising because you can burn them. Burning DeGod automatically transforms it into DeadGod, raising its worth.
You can also bet your DeGods NFT to gain $DUST by doing so. You can take part in raffles, upgrades, auctions, and more with $DUST. You will also make extra $DUST if you sacrifice your NFT to DeadGod. It is due to DeadGod’s daily stream of 7.5 $DUST that holders receive.
Holders of DeGods also have access to the platform for community-owned content. Holders can connect with other Holders and share their information here. DeGods paid $625,000 for the basketball team Killer 3s, a member of Ice Cube’s Big3 League, in April 2022.
Any team-related intellectual property and licensing rights belong to the holders. Moreover, this launch offered holders the chance to purchase $5,000 worth of Gold-tier NFTs for 975 killers 3. Undoubtedly, the DeGods team has a lot of things in store for holders, and this acquisition is only one of them.
What Are DeadGods?
You can pay $1000 DUST to mutate your DeGods so they biome DeadGods.
You will be updating the NFTs metadata to reflect the one-to-one swaps for DeadGod attributes as the mutation process progresses. Your decision to burn your DeGod will take it out of circulation, make it more valuable to the community overall, and make it rarer.
How Much Do DeGods Cost? Is It Worth It?
The cost per token was 3 SOL when the DeGods NFT collection first went on sale in October of last year.
The floor price of DeGods NFT now is approximately 370 SOL, or slightly over $12,000, making it the least expensive NFT in the collection. The floor piece then increased, reaching 596 SOL by September.
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What Makes DeGods More Special?
Projects have appeared in the ultra-crowded NFT market. With the ongoing availability of several NFT collections, developers have the challenge to come up with something captivating to attract investors.
Given that this project offers intriguing elements that support and increase its value, it appears that the guys behind DeGods have hit upon the proper formula.
What Will Be The Future Of DeGods?
DeGods appears to be a potential business opportunity when considering the project’s progress and the projected future.
However, bear in mind that this initiative promotes long-term investments and contains systems that reward long-term holding while penalizing quick sales or asset depreciation.
The DeGod NFT project has overcome its rocky beginnings to become one of the most desired and well-regarded projects in the sector, growing more robust with each setback.
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