OctoPeeps Kingdoms
OctoPeeps Kingdoms
Nov 10, 2022 - Nov 16, 2022
Marketplace: OpenSea OpenSea
Blockchain: Ethereum Ethereum

OctoPeeps Kingdoms is a unique NFT collection of 4,848 items, each generated uniquely. This project is initiated and supported by a passionate and tech-driven community who share a love for art, games, and communication, while exploring the features of blockchain and Web3. Each OctoPeeps NFT offers exclusive members-only privileges, including whitelisting privileges for upcoming collections. Additionally, 15% of the proceeds from initial sales are donated to the "Oceanic Society," a non-profit organization dedicated to preserving marine wildlife and habitats. The mint price of OctoPeeps NFTs increases for every 1,000 minted, and the NFT price includes WL-FREE mint, Pre-sale-0.007 ETH, and Public sale-0.01 ETH. OctoPeeps NFTs will be minted on November 8th, so don't miss out on this amazing opportunity.

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Explanation of the Key Terms

NFTs

NFTs, or non-fungible tokens, are digital assets that are stored on a blockchain and represent ownership of a unique item. These items can range from artwork to music to virtual real estate, and are becoming increasingly popular among collectors and investors.

Blockchain

Blockchain is a distributed database technology that provides a secure and transparent way to store and transfer data. It is built on a decentralized network, meaning that no single entity has control over the system. Instead, transactions are verified and processed by a network of nodes, and once validated, they are added to a block. Each block is connected to the previous one, creating an immutable chain of data that is resistant to tampering and fraud. With its trustless and transparent architecture, blockchain has the potential to revolutionize various industries such as finance, healthcare, and real estate.

Web3

Web3 is the new internet that will revolutionize how we interact with digital content. With Web3, users will be able to participate in a decentralized network of applications that are built on top of blockchain technology. This new paradigm aims to give users more control over their data, identity, and assets, while eliminating intermediaries and gatekeepers. Web3 has the potential to transform industries and disrupt traditional business models by enabling new forms of digital ownership, trust, and collaboration. Web3 is still in its infancy, but its impact will be felt for years to come.

WL

WL, also known as whitelist, is a term used to describe a list of approved participants in a particular event, program or system. In the context of cryptocurrency and blockchain, a whitelist is used to control access to certain tokens or participate in a particular ICO. Those who are not on the whitelist are not allowed to take part in the event, which could include buying or trading certain tokens. Whitelisting is often done to ensure that only those who meet specific criteria or qualifications can participate in a particular event.

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