Place/Date: - May 31st, 2023 at 2:34 pm UTC · 4 min read
Source: Caged Beasts
In the wild and wonderful world of financial technologies, cryptocurrencies have boasted their undeniable dominance. But over the past few years, non-fungible tokens (NFTs) have also been reshaping the industry and making waves with their charm. One standout in this colorful NFT universe is the Bored Ape Yacht Club (BAYC), flexing its creative muscles and establishing its dominance.
Yet, the NFT universe is an enchanting and ever-evolving playground, where newer players, Bitcoin Ordinals (ORDI) and Caged Beasts (BEAST), have leaped into the scene with an infectious passion to carve their own place amidst the excitement.
Bored Ape Yacht Club (BAYC) NFTs are all the rage in the NFT world. These amazing digital collectibles showcase funky apes rocking human outfits on their colorful and sometimes shiny bodies. Yuga Labs, a Web 3.0 company, is the brain behind BAYC. They’ve created 10,000 apes, and each one is totally unique, with different fur styles, clothes, and accessories.
But here’s the real deal that makes BAYC stand out: it’s like the ultimate VIP club in the digital realm. It’s got it all – exclusive access, owning super trendy art, and being part of a great community. But becoming an APE member is not a walk in the park. It’ll cost one a hefty penny, currently around 103 ETH or a whopping $314K!
However, being part of the club means rubbing elbows with celebrities like Gwyneth Paltrow, Stephen Curry, and Jimmy Fallon. They, and many other celebrities, have hopped on the bandwagon and proudly rock these digital gems as their profile pics on platforms like Twitter and Instagram.
In the realm of NFT blockchains, Ethereum has long reigned as the king, but recently, Bitcoin has been making some serious waves across the crypto space.
Bitcoin Ordinals have been impressing the creative market of NFTs, evident through its current volume and capitalization. Just recently, the market capitalization of BRC-20 meme coins skyrocketed past the incredible $1 billion mark! This shows that Bitcoin Ordinals is gaining serious traction, riding high on the wave of excitement surrounding meme coin trading on the blockchain.
While Bitcoin’s NFT market growth is impressive, it’s still playing catch-up with the biggest blockchain network in the field: Ethereum. Capitalizing on its power, the Ethereum-based meme token, Caged Beasts (BEAST), has sky-high plans of dominating the NFT market in the future.
RABBIT 4001, the mastermind behind the project, injects these ‘caged beasts’ with mutagens during each stage of the presale. His goal is to make these BEASTS strong enough to break free from the shackles of traditional banking!
Caged Beasts is also a master at maintaining interest with its fantastic crypto referral schemes. BEAST users can generate their own unique referral code to entice friends and family to sign up. Both users and creators of these codes receive a handsome 20% bonus on their deposit (ETH, BNB, or USDT) upon each use of the exclusive pins.
But here’s the best part of the BEAST Roadmap: an NFT collection! This NFT collection, though still on the wraps, is destined to cause a stir in the digital art industry because of its hip art aesthetic and divergent spirit. Who knows, they might even be at par with the legendary Bored Ape Yacht Club (BAYC).
Looking back, Bored Ape Yacht Club NFTs have become the talk of the town, captivating both collectors and celebrities with their vibrant community and mind-boggling sales. On the other hand, Bitcoin’s venture into the NFT realm, while currently profitable, hasn’t quite lived up to the hype.
These experiences highlight the importance of combining exclusivity, creativity, and cutting-edge infrastructure in the NFT space. Fortunately, Caged Beasts will enter the NFT adventure with confidence and practical strategies.
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