Bitcoin Buddies NFT Cards Minting
Bitcoin Buddies NFT Cards Minting
May 07, 2023 - May 13, 2023
Marketplace: Rarible Rarible
Blockchain: Polygon Polygon

Bitcoin Buddies is a new NFT initiative that operates on the Polygon chain, offering a unique blend of digital art and charitable contributions. The project features NFT staking cards divided into six different categories that award $BUDDY tokens to users while donating a percentage of the profits to established charities that accept cryptocurrency. The focus of the project is to aid the Turkey-Syrian earthquake and combat hunger in Africa. The NFT staking cards and figures are rare and valuable, with a total supply limited to 10,000. In addition, the project conducts daily token burns, resulting in a reduction in the overall supply. Furthermore, the project is hosting a 100-card airdrop campaign for top performers on Crew3. The project is planning to mint the cards in Q2 2023, and interested parties can find out more by joining the Discord channel.

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Explanation of the Key Terms

NFTs

NFTs are digital assets that are one-of-a-kind and cannot be replicated. They are used to represent ownership of various types of media, such as images, videos, music, and more, and are stored on a blockchain network for verification.

Polygon

Polygon is a layer 2 scaling solution built on top of the Ethereum blockchain. It aims to address the scalability issues of Ethereum, providing faster and cheaper transactions. Polygon provides developers with a flexible framework to build and deploy decentralized applications. It also supports interoperability with other blockchains, making it easy to transfer assets between different ecosystems.

Cryptocurrency

Cryptocurrency is a digital asset that uses cryptography to secure and verify transactions. It operates independently of a central bank, making it decentralized and resistant to government control. Bitcoin was the first cryptocurrency to gain mainstream attention, but today, there are thousands of different cryptocurrencies in circulation. Cryptocurrencies have become a popular investment asset, with many investors using them to diversify their portfolio.

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