Depressed Citizens Mintdate
Depressed Citizens Mintdate
Oct 01, 2022 - Oct 08, 2022
Marketplace: OpenSea OpenSea
Blockchain: Ethereum Ethereum

Juls, the Artist, created Depressed Citizens, a digital art collection, which is stored in the Ethereum network as ERC 721-A NFTs. Through and, 3333 NFTs were minted for the primary and secondary markets, respectively. The DC brand is driven by a deep desire to raise awareness of the social issues affecting our society. These issues often go unnoticed because they are so ingrained in our lives. DC aims to use its collective power to contribute to social causes and make a positive impact. As their first initiative, the brand plans to donate a portion of its treasury to social causes. The ultimate goal is to build a community of mentally healthy citizens who support a sane lifestyle and continue to allocate funds to make a difference in real-life situations.


Explanation of the Key Terms


NFTs or non-fungible tokens are unique digital assets stored on a blockchain that verify ownership and authenticity. They are designed to represent ownership of any kind of digital content such as images, videos, music, and even tweets, which can be bought and sold like traditional assets.


Ethereum is a decentralized, open-source blockchain that facilitates smart contracts and decentralized applications (DApps). It is the second-largest cryptocurrency by market capitalization after Bitcoin. Ethereum has its native cryptocurrency, Ether, which is used to pay for transactions and computational services within the network. The blockchain's innovative feature is the ability to create and execute smart contracts, which are self-executing agreements between parties that automatically enforce their terms. Ethereum has a vibrant ecosystem with many decentralized applications and tokens built on top of its blockchain.


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