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NFT News

DeGods Launches A First-Of-Its-Kind Minting Event On Bitcoin

With 535 DeGods to be launched this week, collectors will participate in a public mint whose rules are simple: first come, first serve.

Written By Harsh Chauhan
Published 2023-03-17
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DeGods Launches A First-Of-Its-Kind Minting Event On Bitcoin

Many famous NFT collections are jumping on the Bitcoin Ordinal hype; the latest to join the trend is the DeGods community which has crafted a name for itself with the DeGods NFTs on the Solana blockchain.

Now DeGods are back with 535 unique Ordinal NFTs that will mint on the Bitcoin blockchain. All 535 NFTs were first burned down by the DeGods team to cut supply after being minted on the Solana blockchain in 2021.

500 DeGods will be minted with Bitcoin.

We recommend you have a self-custody Bitcoin wallet with 0.444+ BTC ready to go.

You will also need a separate Ordinals wallet to receive your inscription.

The mint will be first come, first serve. More details on the mechanics shortly. pic.twitter.com/q1Yg6gQOMW

— DeGods (@DeGodsNFT) March 16, 2023

In a Twitter announcement, DeGods mentioned the launch of their Ordinal NFTs is a first-of-its-kind minting experience. It will be a public mint event with a first come, first serve basis that has hyped the DeGods community and investors.

DeGods have also stated that minters will need a self-custody Bitcoin Wallet with 0.444+ BTC available, along with an Ordinals wallet to receive the inscription. 

The minimum BTC statement hints us to believe that the floor price for the DeGods Ordinals will be around 0.444 BTC.

In another tweet, DeGods mentioned that 500 DeGods would be available in the BTC mint, and the other 34 would be auctioned/raffled with the in-house $DUST tokens one day later. 

The first BTC DeGod auction of the NFT, titled “The Orginal Frank” ended at a winning bid of a whooping 44,252 $DUST, around USD 80,096 at the time of writing. 

Also Read: Solana-based ‘DeGods’ NFTs joins Bitcoin Ordinals Trend

Holders of the original DeGods and DeadGod NFTs can stake their NFT to earn $DUST, which holders can use to upgrade NFTs and participate in raffles and other events in the DeGods community.

DeGods is the first community in the NFT space to have acquired a professional basketball team, Killers32, in the BIG3 league. DeGod NFT holders have courtside access, ticket access, and interactions with the coach and players; talk about being GODS!

Disclaimer: The information researched and reported by The Crypto Times is for informational purposes only and is not a substitute for professional financial advice. Investing in crypto assets involves significant risk due to market volatility. Always Do Your Own Research (DYOR) and consult with a qualified Financial Advisor before making any investment decisions.

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