SphericX
SphericX
May 24, 2022 - May 31, 2022
Marketplace: OpenSea OpenSea
Blockchain: Ethereum Ethereum

Spheric has launched its first NFT project called SphericX, which is a collection of 2.5D artworks built on the ERC721A token standard. It is one of the largest NFT collections with 8,888 different NFTs and is the first PFP collection in India by a reputable IT company. The community will be able to earn, collect, and exchange these NFTs. The company has a roadmap for the community that includes DAOs, Airdrops, Festivals, Funding, Merchandise, Liquidated NFTs, and hints of their Metaverse and phase 2.0.

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Explanation of the Key Terms

NFTs

NFT, or Non-Fungible Token, is a digital asset that represents ownership of a specific item or piece of content on the blockchain. It is a type of cryptocurrency that cannot be replicated, making it valuable for creators who want to monetize their digital creations and for collectors who want to own and trade rare and valuable items. NFTs have gained popularity in recent years as a way for artists, musicians, and other creators to sell their work in a new and innovative way.

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