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Knights of Degen: How They Launched the Pledge Function with Degen Seed

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According to reports, the NFT project Knights of Degen announced on social media that it has completed the Degen Seed air drop and launched the pledge function. All Knights of Dege

Knights of Degen: How They Launched the Pledge Function with Degen Seed

According to reports, the NFT project Knights of Degen announced on social media that it has completed the Degen Seed air drop and launched the pledge function. All Knights of Degen NFT holders have already been air dropped with Degen Seed, and can now use Degen Seed to pledge Knights&Steedz in the first stage of Pre Season. After 60 consecutive days of pledge delay, the Deeds will be “released”.

NFT project Knights of Degen completed Degen Deed air drop and launched pledge function

Introduction

In recent times, the world has seen the rise of Non-Fungible Tokens (NFTs), which are digital assets that are unique and scarce in nature. The NFT market has witnessed tremendous growth, and Knights of Degen, a popular NFT project, recently announced the completion of their Degen Seed air drop and the launch of the pledge function. This article explains what Knights of Degen is, how they completed the Degen Seed air drop, and why the pledge function is important for NFT holders.

What is Knights of Degen?

Knights of Degen is an NFT project that features unique and rare digital assets that can be traded on various blockchain platforms. The project aims to create a decentralized and self-governing platform where users can buy, sell, and trade their digital assets. Knights of Degen’s focus is on the creation of unique digital assets, which include Knights, Steeds, and Deeds.

Overview of the Degen Seed Air Drop

According to reports, Knights of Degen recently announced the completion of the Degen Seed air drop on social media. The air drop was for all Knights of Degen NFT holders who were to receive Degen Seed for the first stage of Pre Season. The Degen Seed is a unique token of value that can be used to pledge Knights and Steeds.

What are the Benefits of the Pledge Function?

The pledge function is an innovative feature that allows NFT holders to pledge their Knights and Steeds to the Knights of Degen project. By pledging their assets, they become eligible to receive Deeds. Deeds are rare and unique digital assets that can only be obtained by NFT holders who have pledged their Knights and Steeds.

How does the Pledge Function Work?

After receiving Degen Seed from the air drop, NFT holders can use it to pledge their Knights and Steeds on the Knights of Degen platform. After pledging, the Deeds will be released 60 consecutive days after the delay. This feature is important as it will enable NFT holders to earn rare and unique digital assets as rewards for participating in the Knights of Degen project.

Conclusion

In conclusion, Knights of Degen has completed the Degen Seed air drop and launched the pledge function, which allows NFT holders to pledge their Knights and Steeds and be eligible to receive rare and unique digital assets known as Deeds. This is an exciting development in the NFT market, and Knights of Degen is at the forefront of it.

FAQs

Q1: What is the difference between Knights, Steeds, and Deeds in Knights of Degen?

A1: Knights and Steeds are unique digital assets that can be traded on various blockchain platforms, while Deeds are rare and unique digital assets that can only be obtained by NFT holders who have pledged their Knights and Steeds.

Q2: How can I participate in the Knights of Degen project?

A2: To participate in the Knights of Degen project, you’ll need to hold Knights of Degen NFTs, which can be purchased on various blockchain platforms.

Q3: What is the future of the NFT market?

A3: The NFT market is still in its early stages, and it is difficult to predict its future. However, it is expected to continue to grow as more people become aware of the unique and scarce nature of NFTs.

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