ApeAbu Genesis Squad
ApeAbu Genesis Squad
Jun 11, 2022 - Jun 18, 2022
Marketplace: OpenSea OpenSea
Blockchain: Ethereum Ethereum

ApeAbu Genesis Squad is a collection of rare NFTs that will play a role in the Abuverse game. By participating, you have the chance to win $ABUZ tokens and free NFTs. The total supply of $ABUZ tokens is 8,800,000, with 50% locked for 3 years and released thereafter on a yearly basis. 8% of tokens are set aside for bounty and rewards distributions, which will be released monthly. The developers and team will receive 2% of the tokens, while the remaining 40% will be used for UniSwap liquidity and other Ethereum decentralized exchanges.

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Explanation of the Key Terms

NFTs

NFTs, or Non-Fungible Tokens, have taken the digital world by storm as a new way to authenticate and trade unique digital assets. NFTs are essentially digital certificates of ownership for unique digital items, such as art, music, videos, and even tweets. Each NFT is stored on a blockchain network, providing a secure and transparent ledger of ownership and transaction history. NFTs have opened up a new world of possibilities for creators and collectors, allowing them to monetize their digital creations and invest in unique and valuable digital assets. As the popularity of NFTs continues to grow, we can expect to see more innovative use cases and exciting developments in this space.

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