⛏️NFT Utility

Exclusive Channels

The BearMarket Degens community has been established as a space where fellow investors and traders can come together to support each other during periods of economic turmoil and market volatility. NFT holders will gain access to exclusive channels containing research and analysis, including macro economic updates, trading strategies and cryptocurrency/NFT investment recommendations.

Profile Pictures

NFT profile pictures are digital works of art that people use to express themselves online. NFTs typically contain distinct set of characteristics or traits that lend it collectability. Twitter has unveiled a new feature which allows users to synchronize their social media account with a crypto wallet. When these two accounts are linked, Twitter will verify which NFTs are legitimately owned by the user on the blockchain. When images are verified, the user will be able to set their NFT as a profile picture on Twitter. This is a new feature and whilst XLS20 NFTs are not yet currently supported by the Twitter platform, there is a strong possibility that integration will be offered given XRPL-based NFTs are continuing to capture market share.

Royalty Charity Contributions

BearMarket degens will be minted with a low royalty fee setting of 6.0%. Each quarter, 30% of all royalty fees will be donated to a charity specializing in poverty relief efforts and or other marginalised members of the community. In the spirit of transparency, the charity will be required to accept cryptocurrency donations (for verification purposes). Being an NFT holder will allow you to passively contribute to charitable causes!