Over the last few months, the NFT space has experienced a massive explosion, and it’s not showing signs of slowing down. Although it’s a relatively new space, it is rapidly becoming saturated with projects, forcing developers to be more innovative to stay relevant. Power Pups NFT is one developer within the space with a unique and valuable project within and outside the NFT world.
In simple terms, NFTs or non-fungible tokens are digital assets that cannot be replaced. That is good news for creators and collectors for two main reasons. One, although other people can view an NFT, no one else can own exactly what you own.
Unlike physical assets like paintings or pokemon cards, each NFT contains built-in authentication in the form of a code that can never be changed. This code serves as proof of ownership of these digital assets, and only one person can own the rights at a time.
For the creator, this means that no one can steal your work or cheat you out of your deserved royalties. As a collector, you are assured that you are not buying a forged piece of art. Most NFTs are on the Ethereum blockchain, and they are bought and sold with cryptocurrency.
Two, NFTs create a scarcity of digital assets. If a creator mints their work and turns it into an NFT, it automatically becomes a digital collector’s item. This means that they can control the supply of the content, which in turn controls the price. We know that rare pieces of art attract higher prices and vice versa.
If you would want to explore the NFT space further, Power Pups is a great project to begin with. It is a unique collection of 10,000 digital art pieces with over 250 rare and varying qualities. This means that every buyer will have a rare collectible. They will mint each Power Pups NFT at the low cost of 0.05 Ethereum, which is one of the best prices in the industry.
Even better, the developer has divided this project into stages that will unlock give-aways to members at every level. On this roadmap, Power Pups will give away a Model 3 Tesla and a McLaren 570s to a random Power Pup NFT owner.
Also, the first 1,000 pups purchased through the whitelist will receive a unique, collectible item sent to the original owner. The items include free merchandise, rewards, and VIP status. These 1,000 whitelist owners will also have early access to future projects such as NFT collections or games.
Power Pups values community and is working on building a platform where NFT owners can interact. Once all 10,000 Power Pups are minted, a game will be developed on all platforms. It will be an online, multiplayer game where pup owners will play with or against each other. There will be weekly tournaments, and payments will be made in Ethereum cryptocurrency.
In the future, Power Pups plans to do even more. The developer will be collaborating with exciting and upcoming new artists to create more valuable Power Pup NFTs. They will also develop more online games to allow further engagement between the members of the community.