What is Degen Sweepers?
This collection includes 10,000 NFTs with immutable metadata, developed by Urkann. He is an investor, a successful businessman and the co-founder of the NFT Factory in Paris. He is also a crypto influencer and ecosystem supporter Solana. Talking about this project without alluding to its sponsor is improbable. The Degen Sweepers were entirely developed around the branding of Urkann and created by the contemporary artist resist.
Urkann is a famous speaker in the crypto sphere on Twitter, where his account boasts thousands of followers. He has become famous for his successful NFT investments, which he achieves by applying a swipe strategy, or sweeping. This method consists of buying the “floor price” of a collection with high potential in large quantities, then “diamond hand” Where “hodl» this investment over a long period of time. Urkann has made a name for himself with projects such as Solana Monkey Business, SolGods, (The Fracture) Trippin Ape Tribe and Degods. Thanks to his performances, his nickname was declined in “Urkanning»an expression that has practically replaced the term “sweepingin the lingo.
listen, of course I love the competition. And if I created @DegenSweepers it’s to be number 1.
Super simple. But no one knows yet.
— Urkann 🧹 (@_Urkann) September 1, 2022
The Degen Sweepers collection is in response to the wish of his community, which he affectionately calls the Urkann Army. She had been asking for a while to be able to invest in an NFT collection of her creation. It is also an opportunity for his fans to get together around their common passion for NFTs, but above all to get closer to their mentor.
Some NFTs from the Degen Sweepers collection
“With the Degen Sweepers, my desire is to bring together all the degens of Solana and even beyond (Ethereum) under one identity: the Urkann Army. Together [nous] bring maximum value to our hodlers and the Degen City ecosystemUrkann told us.
As a reminder, the term “degen” refers to a crypto trader subculture driven solely by the lure of profit and the desire to have fun. As for the Urkann Army, it aims to develop the entire NFT sphere on Solana. In addition, it also intends to create maximum value to meet the needs of the community. It should also be noted that this “army” is growing significantly and at a very sustained pace. Urkann has teamed up with the talented developer Ryuk who is also the CTO of Degen Sweeper, to achieve two of their common goals: to provide maximum value and to become the number 1 project on the entire blockchain.
Degen Sweepers, a simple NFT collection?
Degen Swepers is an ambitious project that is far from being limited to the NFT collection already mentioned. In reality, the scope of this initiative is much broader. It has three main parts.
- First, the NFT marketplace. There are already several on the market dedicated to the collectibles trade, such as OpenSea or Magic Eden. The proposal of Degen Sweepers is to offer a complete platform designed to meet the specific needs of degens. Unique tools will soon be made available to improve the user experience. Additionally, the marketplace will integrate a multi-chain custodian wallet to support payments from any network. The marketplace will also donate part of the earnings to users. That is, they will automatically receive a percentage of purchases made by their affiliate users.
- Then there is Degen City. This is the ecosystem that will be developed around the Degen Sweepers collection. Holders of collectibles in this series will have access to a number of benefits within this virtual metropolis (exclusive areas, apartments for hodlers). However, this city should be considered as a single space that will bring together everything related to Solana and Ethereum NFTs. Degen City will be available in two versions. A classic web version, on the one hand. And a second version established in the metaverse of The Sandbox. It will be located on a 24×24 plot belonging to Urkann. Plots of this size are very popular on the market and this one in particular has already been the subject of buyout offers in excess of $10 million. The idea is to federate all the degens in a single place of exchange and sharing, with full access to all the services of the community. This universe will include the aforementioned NFT marketplace, cinemas, stadiums, bars, casinos, homes and even shopping centers to collaborate with different brands and be able to give life to the ecosystem of Degen City.
Can you imagine degen city? 😎 this is how a 24×24 looks like when it’s entirety built. Huge pic.twitter.com/SPNGLrZKA7
— Urkann 🧹 (@_Urkann) August 25, 2022
- Finally, it is planned to launch a token specific to the project, the $DEGEN, whose release is scheduled for the end of September. It will be the basis of exchanges within the ecosystem and will be transferable to the Solana and Ethereum networks. This token, along with the NFT collection, will form the foundation of the entire ecosystem and provide benefits to all its holders. For example, they can use it to access launchpads on the NFT marketplace which will be launched soon.
Although it was only launched a few months ago, the NFT Degen Sweepers collection is already a hit with the community. From the artistic dimension of the pieces offered to the macro-economic vision that animates the project, everything is done to seduce. Moreover, the startup recently completed a funding cycle during which 1968 NFT, out of the 10,000 in the collection, were sold at 200 dollars each. These sales, which correspond to 20% of the global supply, generated a total of 9879.37 SOL. Subsequently, 55% of the funds raised were converted into stablecoins to finance the development of Degen City. The team must now turn this idea into reality in order to bring more value to Urkann’s army. That being said, another round of financing is planned very soon…
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Degen Sweepers: Discover the NFT project that aims to be No. 1 – Forbes France
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