LIVE: Public Free Mint. First Peoples.
LIVE: Public Free Mint. First Peoples.
Jun 09, 2022 - Jun 16, 2022
Marketplace: OpenSea OpenSea
Blockchain: Ethereum Ethereum

First Peoples is an original NFT collection consisting of 8,000 unique 2D social avatars inspired by historical personalities and the works of artists. They are randomly generated and reside on the Ethereum blockchain. The team is giving away 7000 NFTs (number 1000 to 8000) for free to the NFT community. A two-day auction is planned for June 9 and 10 to showcase the hand-drawn works that were used in generating the collection. The graphics of First Peoples are strong and unique, attracting the attention of many collectors. Whether it will become the pearl of the NFT movement or the new blue chip remains to be seen. Follow them to stay updated.

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Explanation of the Key Terms

NFTs

Non-fungible tokens (NFTs) have taken the art and collectibles world by storm, transforming the way we think about ownership and value in the digital age. NFTs are unique digital assets that can represent anything from art, music, videos, tweets, and more. They are stored on a blockchain, providing a secure and transparent way to verify ownership and authenticity. NFTs have opened up new opportunities for artists, musicians, and creators to monetize their work and reach new audiences. They have also created new markets for collectors, investors, and enthusiasts, with record-breaking sales and growing interest from mainstream media. While some critics view NFTs as a speculative bubble, others see them as a game-changing technology that has the potential to revolutionize ownership, copyright, and digital rights management. The future of NFTs is exciting, as they continue to expand and diversify into new areas and applications.

Ethereum Blockchain

Ethereum is a blockchain-based platform that allows developers to build decentralized applications (dapps) using smart contracts. It was created in 2015 by Vitalik Buterin, and it has since become one of the most widely used and respected blockchain platforms in the world. Ethereum's key feature is its ability to run smart contracts, which are self-executing programs that can automate complex financial transactions, digital identity management, supply chain management, and more. This has opened up new possibilities for decentralized finance (DeFi), non-fungible tokens (NFTs), and other innovative applications that can benefit from a trustless, transparent, and tamper-proof platform. Ethereum's native cryptocurrency is called Ether (ETH), and it is used to pay for transactions and smart contract execution fees on the network. Ethereum is also undergoing a major upgrade called Ethereum 2.0, which will improve its scalability, security, and energy efficiency. The future of Ethereum is exciting, as it continues to attract developers, users, and investors who are passionate about its potential to transform the way we live, work, and interact with each other.

Blockchain

Blockchain technology is a decentralized, distributed ledger that records transactions and stores data in a secure, transparent, and immutable way. It was originally developed to support the Bitcoin cryptocurrency, but its potential applications have expanded to a wide range of industries and use cases. Blockchain has the potential to revolutionize everything from supply chain management and voting systems to identity verification and real estate transactions. It works by creating a network of nodes that validate transactions and add them to the ledger in a decentralized and consensus-driven way. This provides a level of trust and transparency that traditional centralized systems cannot match. Blockchain technology has also introduced new concepts such as smart contracts, which allow for self-executing agreements without the need for intermediaries. While blockchain is still a relatively new technology, its potential to disrupt and transform industries is undeniable. Its security, transparency, and immutability make it a powerful tool for businesses, governments, and individuals looking to streamline processes and reduce costs.

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