Tokenomics, Traits & Rarities
In the spirit of full transparency,
Last updated
In the spirit of full transparency,
Last updated
Tokenomics
On 26/11/2022 a total of 10,000 DEGEN tokens were issued by the project’s address: rLuGZGoPCEZrXj262RfHQsVuEmNKxw6rxt.
This issuer address has been blackholed, ensuring that the supply will remain permanently fixed. In the spirit of transparency, the project’s DEGEN token balance can be viewed at the following address: rB1fAGzJBbP1AoLS2uSFHjr2pJi4FfZRo9.
1,000 tokens have been allocated to airdrop to the broader XRPL community! To be eligible to participate in the airdrop, you are required to i) follow us on Twitter and ii) be Global ID-verified. Beginning on 29 Jan-23, 100 tokens will be airdropped each month.
500 tokens have been allocated to promotional efforts, including community events, giveaways, and engaging the services of XRPL influencers. We are cognizant of the magnitude of the current bear market and will do everything we can to grow.
8,500 tokens will be sold, with the majority sold at a bear-market-friendly price of 21 XRP each. This means that 1 NFT will merely cost a few US dollars.
Traits and Rarities
The BearMarket Degens collection will feature 120 traits. This includes variations of hats, glasses, eyes, facial expressions, clothes and backgrounds. Each NFT will be completely unique and differentiated to its fellow Degens.
Additionally, each NFT will showcase a rarity category, ranging from ‘standard’, ‘rare’ and ‘ultra rare’. Only 10% of the collection will be ‘rare’, with only 1% being ‘super rare’!
