A new NFT collection is born, and the Urkann Army couldn’t be happier. Its goal ? Rally all the degens of Solana and beyond. Overview of this colorful project.
What is Degen Sweepers?
It is a collection of 10,000 NFTs with non-editable metadata, developed by Urkann, an investor, successful businessman and co-founder of the NFT Factory in Paris. He also wears the hat of crypto influencer and supporter of the Solana ecosystem. In reality, it is difficult to talk about this project without alluding to the man who sponsored it. The reason for this is that the Degen Sweepers are entirely designed around the branding of Urkann. That said, they were created by the contemporary artist resist.
Urkann is one of the leading figures in the crypto sphere on Twitter, where he is followed by thousands of people. He is known for the success of his investments in the field of NFTs, which he achieves by applying a sweeping strategy. This method consists of buying the “ floor price” of a collection with great potential in large quantities for then the ” diamond hand ” Where ” hodlover a long period. Urkann has made a name for himself through projects such as Solana Monkey Business, SolGods, (The Fracture) Trippin Ape Tribe and Degods. Thanks to his performances, his nickname was declined in “Urkanning» an expression that has practically replaced the term“sweeping” in jargon.
Degen Sweepers is a response to the wish of his community, which he affectionately calls Urkann Army, to be able to host an NFT collection of which he is the author. Moreover, from the point of view of his followers, it is an opportunity to come together around their common passion for NFTs, but above all to connect more with their mentor.
“With Degen Sweepers, my desire is to bring together all the degens of Solana and beyond (Ethereum) under a single entity: Urkann Army. And together [nous allons] bring maximum value to our hodlers and the ecosystem through Degen City”, told us Urkann.
As a reminder, degens refer to a crypto subculture of traders driven solely by the lure of profit and the desire to have fun. As for the Urkann Army, it aims to develop the entire NFT sphere on Solana. In addition, it also aims to create maximum value to meet the needs of the community. It should also be noted that this “army” is growing significantly and at a very sustained pace. Urkann has also teamed up with the talented developer Ryuk who is also the CTO of Degen Sweeper, to achieve two common goals: to provide maximum value and to become the number 1 project, all blockchains combined.
Degen Sweepers, only a collection of NFTs? Nothing more ?
Degen Swepers is an ambitious project that is far from limited to the NFT collection mentioned above. In reality, the scope of this initiative is much broader. It revolves around three major elements.
First, there is an NFT marketplace. There are already several on the market dedicated to trading collectibles, such as OpenSea or Magic Eden. For its part, the proposal of Degen Sweepers is to offer a complete platform designed to meet the specific needs of degens. Unique tools should soon emerge to improve the user experience. In addition, the marketplace will integrate amulti-chain custodial walletto support payments made from any network. The marketplace will also donate part of the revenue to users. This means that the latter will be able to automatically receive a percentage on the purchases made by the users who are affiliated with them. But we do not know more for the moment.
Then we have Degen City, the ecosystem that will be developed around the Degen Sweepers collection. People who own collectibles in this series will have access to a number of advantages within this virtual metropolis (exclusive areas, apartments for hodlers). But more broadly, it should be considered as a one-stop shop that will bring together everything related to NFTs from Solana and Ethereum. Degen City will be available in two versions. First, an ordinary web version. And second, a built in metaverse version of The Sandbox. It will be established on a 24×24 piece of land belonging to Urkann. It should be noted that properties of this size are very popular on the market and that this one in particular has already been the subject of buyout offers exceeding $10 million. The idea is to bring together all the degens in a single place for exchange and sharing, with full access to all the services of the community. This universe will feature the NFT Marketplace, Cinemas, Stadiums, Bars, Casinos, Homes and even Malls to collaborate with various brands and be able to bring the Degen City ecosystem to life.
Finally, the project plans to launch its own token, the $DEGEN, which is scheduled for release at the end of September. It will be at the heart of the exchanges carried out within the ecosystem and can be transferred to both the Solana and Ethereum networks. This token, in addition to the NFT collection, will be the backbone of the entire ecosystem and provide benefits to all of its hodlers. For example, they may use them to participate inlaunch padson the NFT marketplace which will be launched soon.
Launched just a few months ago, the NFT Degen Sweepers collection is already a hit with the community. Between the artistic beauty of the proposed works and the macro-economic vision that animates the project, it has everything to please. In addition, the startup recently completed a fundraising round in the seed phase during which 1968 NFT, out of the 10,000 in the collection, were sold for 200 dollars each. These sales, which correspond to 20% of the global supply, generated a total of 9879.37 SOL. Subsequently, 55% of the funds raised were converted into stablecoins to finance the development of Degen City. It is now for the team to transform this idea into reality in order to bring ever more value to the Urkann Army. That said, another round of funding is planned very soon…
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