The online environment holds many surprises and opens the door to a world of possibilities. People can be immersed in different environments where they can work, play, trade, or create new things. The crypto universe is just beginning to take shape, but new worlds are added to it as we speak. People who want to be a part of this quest can explore opportunities such as the one offered by the Cats And Watches Society.
An Introduction to the NFT World
Many people do not understand the meaning of NFT and what it represents. The acronym stands for non-fungible token, but this does shed any light on the subject. NFTs are unique digital identifiers recorded in a blockchain that certify ownership and authenticity. They can contain references to videos or audio files; however, they mainly focus on visual images and photos.
Even if they are both a part of a blockchain, NFTs are different than cryptocurrency. The latter is fungible, which means that people who sell a unit can purchase another unit and will own the same thing. NFTs are one-of-a-kind tokens that can be traded or swapped. The owners can change, but the NFTs do not. Other NFTs can replace them, but the new ones are different than the ones before.
The first NFT was developed in 2014, but it did not create the buzz everyone was hoping for. In 2015, after only three months since the Ethereum blockchain was launched, the first NFT project came to life, but these tokens were unsold for five years. The most significant growth in this market came in 2020 when its value rose to $200 million.
Minting NFTs means that users can publish a unique digital asset on a blockchain and it can be bought, traded, or sold. That means they will create something entirely new that has never been done before, and users can include anything they desire. Those who do not have the inspiration for this endeavor can buy NFTs created by others instead.
CAWS and Their Impact on the Crypto World
Cats And Watches Society is a unique collection of 10000 NFTs developed by DeFi Yield Protocol. They are randomly generated to create unique tokens featuring kitties with over 235 traits and outfitted with exceptional watches on their wrists. Users can let their imaginations run wild and create special characters that can be cute, smug, angry, or sad. Of course, only CAWS holders can make the characters they like.
Becoming members of this society will allow users access all the opportunities available. For example, after the minting period was over DYP introduced CAWS staking pool with ETH rewards. In addition, users are not restricted to owning only one cat. More CAWS in the wallet will increase the chances of earning more rewards.
Many people want to use their NFTs to earn rewards, but this does not mean they cannot have fun. Our team has created a unique 2D web game granting access to a mysterious world with ten levels filled with adventures and experiences. Different goals will uncover various rewards meant to improve the characters. In addition, the top players in the game will be eligible for prizes and bonuses.
The next step in the evolution of fun over the web is a play-to-earn game currently in development. This 3D world has many new surprises for its users where they can explore mines to find rewards, unique items, and even digital currency. All the items players will have in their inventory are linked to blockchain technology, which means they can be later sold or traded for in game value.
Users will enjoy playing with unique characters and their CAWS NFTs will be their quest partner. Apart from access to the Metaverse, they will offer unique in-game advantages to help the character in the adventure. Inspired by the instincts of real cats, the NFTs can help their owners with their improved hearing, visibility, orientation, smell, and by sensing incoming dangers. These can offer unique advantages to completing quests and earning rewards.
The unique world of the Metaverse will completely transform every experience while offering users the chance to earn rewards.
And get ready! The team has prepared another surprise for CAWS holders. Soon all users who own a CAWS will be able to mint for free a stand alone NFT watch that will bring multiple benefits to its owners in our future Metaverse game. Wondering what are these benefits? Well stick around and you will find out more.
Until then prepare for another minting! The team will announce it soon..
