$5,000 in FLC to be won
μDeGod is now available to trade on WOO X! To celebrate, we’re giving away $5,000 of FLC tokens in partnership with Floor Protocol! To have a chance of winning, all you need to do is read this short article and complete the multiple-choice quiz in our Galxe campaign.
WTF is μDegod (DeGods)?
μDeGod is an ERC-20 token representing a fractional share of the DeGods NFT collection. When you deposit one DeGods NFT into Floor Protocol, you receive 1,000,000 μDegod tokens in return. One μDegod token therefore represents one millionth of a DeGods NFT, and 1,000,000 μDegod tokens = DeGods Floor Price.
Why trade μDegod (DeGods) on WOO X?
Let’s skip the BS. Here’s why you should make the switch to Utokens:
- Gain exposure to DeGods without buying an NFT
- Partially exit your position which you can’t do with NFTs
- Use professional trading and order entry tools
- Get access to instant and gasless trading
Who is WOO X's partner for fractionalized NFT trading on a CEX?
WOO X's partner for launching the innovation of fractionalized NFT tokens is Flooring Lab. Through this strategic partnership, WOO X has introduced fractionalized tokens for NFTs, marking a significant milestone in the evolution of the digital asset market.
Fun facts about Degods
DeGods is a collection of PFP NFTs combining godly figures with modern streetwear that originated on Solana in 2021, eventually migrating to Ethereum and Bitcoin in 2023. They were first known for pioneering the Paper Hands Bitch Tax which taxed 33.3% on any NFT sale under floor price.
In March 2022, a new version of DeGods was released called DeadGods, obtainable only by burning a DeGods NFT and paying 1,000 DUST tokens. These Deadgod NFTs came with enhanced visual appearance, access to the DeDao, and 3x the DUST yield when staked compared to a normal DeGods NFT.
The DeGods community is known for its love of ‘shoey’ culture (drinking beer out of a shoe). Within the community there now also exists a broad range of groups exclusively for holders including DeYachtClub, DeShoeys, DeAsia, DeGolf, and so on. The most expensive DeGods NFT ever sold on Ethereum is DeGod #7843, which sold for 55 ETH ($102,256 at the time of sale) on 23 May 2023.
The content above is neither a recommendation for investment and trading strategies nor does it constitute an investment offer, solicitation, or recommendation of any product or service. The content is for informational sharing purposes only. Anyone who makes or changes the investment decision based on the content shall undertake the result or loss by himself/herself.
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