Smart Chain Maritime Society
Smart Chain Maritime Society
Sep 02, 2022 - Sep 08, 2022

This collection of hand-drawn NFTs features 4,960 unique designs inspired by the Bitcoin network entities, or BTC holders. These entities are analyzed and divided into eight distinct groups, each named after a marine species such as Shrimp, Crab, and Whale. The NFTs include various trait categories like Background, Species, Skins, Eyes, Mouths, Body, and Head Props, giving each NFT its own distinctive appearance. The collection also includes 12 exclusive designs, with only six Humpbacks and six custom mythological creatures. Most of the funds generated from this project will be allocated to the BNB Growth Fund. About 420 BNB, which accounts for 69.41% of the WL price, will be invested in single asset staking pools like CAKE, BANANA, POTS, and BNB. The rewards generated from these funds will be used to support NFT airdrops for holders. The airdrops will be randomized, except for all 1:1 NFTs, which are guaranteed to receive an airdrop. NFTs can be either purchased from the secondary market or minted, and the draws will take place on a weekly basis.


Explanation of the Key Terms


Non-Fungible Tokens, or NFTs, are digital assets that are unique and cannot be exchanged for other tokens or assets on a one-to-one basis. They are based on blockchain technology and have become popular in recent years for their ability to provide proof of ownership and scarcity in the digital world.


Bitcoin is the world's first decentralized digital currency that allows peer-to-peer transactions without the need for intermediaries. Launched in 2009, Bitcoin has become one of the most popular cryptocurrencies, with a market capitalization of over $1 trillion. Its decentralized nature, finite supply, and strong security features have made it an attractive investment option for many.


WL (White Label) is a term used in the cryptocurrency industry to describe a product or service that is created by one company but marketed and sold by another under their brand name. In the context of cryptocurrency exchanges, a white label exchange is a turnkey solution that allows businesses to launch their own exchange without the need for extensive technical expertise. White label solutions are becoming increasingly popular in the crypto industry due to their cost-effectiveness and ease of use.


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