Degen Sweepers: The NFT project aiming to become number 1

A new NFT collection is born and Urkann’s army couldn’t be happier. Its goal? Gather 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 immutable metadata, developed by Urkann, 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 Degen sweepers are entirely designed around the Urkann brand. That said, they were created by the contemporary artist resist.

Urkann is one of the leading figures in the cryptocurrency sphere on Twitter, where he is followed by thousands of people. He is known for the success of his NFT investments, which he achieves by applying a radical strategy. This method consists in purchasing the ” Price per floor“of a collection with great potential in large quantities and then the” diamond hand ” Where is it ” hodlfor a long time. 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 rejected Urkanning an expression that has practically replaced the term“sweep” in jargon.

Degen Sweepers is a response to the desire of his community, which he affectionately calls Urkann Army, to be able to host an NFT collection of which he is the author. Also, from the point of view of his followers, it is an opportunity to come together around their common passion for NFT, but most importantly to connect more with their mentor.

Some NFTs from the Degen Sweepers collection

With Degen Sweepers, my desire is to unite all degens from Solana and beyond (Ethereum) under one entity: Urkann Army. And together [nous allons] bring maximum value to our hodlers and the ecosystem through Degen City “, Urkann told us.

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 Urkann’s army, it aims to develop the entire NFT sphere on Solana. Furthermore, 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 rapid 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 project number 1, all blockchains put together.

Degen Sweepers, just a collection of NFTs? Nothing more ?

Degen Swepers is an ambitious project that is far from limited to the aforementioned NFT collection. In fact, the scope of this initiative is much broader. It revolves around three main elements.

First, there is an NFT market. There are already several on the market dedicated to trading collectibles, such as OpenSea or Magic Eden. For its part, Degen Sweepers’ proposal is to offer a complete platform designed to meet the specific needs of degens. Unique tools should emerge soon to enhance the user experience. In addition, the market will integrate amulti-chain case walletto support payments made from any network. The market will also donate some of the revenue to users. This means that the latter will automatically receive a percentage on the purchases made by users affiliated with them. But we don’t know more for the moment.

Then we have Degen City, the ecosystem that will develop around the Degen Sweepers collection. People who own collectibles from this series will have access to a number of perks within this virtual metropolis (exclusive areas, apartments for hodlers). But more generally, it should be seen as a one-stop shop that will bring together everything related to Solana and Ethereum NFTs. Degen City will be available in two versions. First, a regular web version. And second, an embedded 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 highly appreciated by the market and that this particular one has already been the subject of purchase offers exceeding 10 million dollars. The idea is to bring all degens together in one place for exchange and sharing, with full access to all community services. This universe will include the NFT market, cinemas, stadiums, bars, casinos, homes and even shopping malls to partner with various brands and bring the Degen City ecosystem to life.

Finally, the project plans to launch its own token, the $ DEGEN, whose release is scheduled for the end of September. It will be at the center 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 will provide benefits to all its hodlers. For example, they can use them to participatelaunch padson the NFT market which will be launched shortly.

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. Additionally, the startup recently completed a seed phase funding round during which 1968 NFTs, out of the 10,000 in the collection, were sold for $ 200 each. These sales, which correspond to 20% of the global supply, generated a total of SOL 9879.37. Subsequently, 55% of the funds raised were converted into stablecoins to finance the development of Degen City. Now it’s up to the team to turn this idea into reality to bring more and more value to Urkann’s army. That said, another funding round is planned very soon …

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The editorial staff of Cointribune

The Cointribune editorial team joins their voices to express themselves on specific topics of cryptocurrencies, investments, metaverse and NFT, trying to best answer your questions.

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