What is Space Pugs – NFT Collection on cardano blockchain? | PortalCrypto

Space Pugs is a collection of 7.777 NFTs on the cardano blockchain, consisting of three collections: Space Pugs Alpha (SPA), Space Pugs Poker Club (SPPC) and Space Pugs Vox (SPV).

What are Space Pugs?

Space Pugs is an NFT project comprising three collections: Space Pugs Alpha (SPA), Space Pugs Poker Club (SPPC) and Space Pugs Vox (SPV). Space Pugs Alpha are a group of 7777 randomly created pugs that live on the Cardan blockchain. This alpha project is the first of many Pug-related projects to emerge. 5000 Space Pugs Alphas were minted and Pug holders received a free 2500 Pugs drop. The team kept 277 pugs for partnerships, marketing and giveaways.

Bitsler

Staking, minting, trading, and holding other NFTs that generate passive income will provide passive income for all three collections. Passive income will be paid out to SPA and SPV holders who meet the minimum requirements each month. This minimum requirement is currently set at 25 NFTs, but may change as the project progresses. Royalties collected from secondary market sales for the SPPC collection will be paid in full to SPPC holders.

What are the benefits of the Space Pugs alpha key?

  • Passive Income – Holders of 25 or more Space Pug Alpha NFTs will earn passive income through the Pug Intel division.
  • Staking – SPA holders will be able to stake their NFTs on the Mutant Dao platform and receive Pug Chips to use on the poker platform.
  • Role Benefits – SPA holders will receive Discord roles and privileges such as private channels, NFT giveaways, and contests for having special features.
  • Genesis Whitelist – Owning a Space Pug NFT grants holders access to Poker Club, Vox Pugs, and future drops.

What are Vox Pugs?

Space Pugs Vox is a collection of 7,777 algorithmically generated voxel-style NFTs. The SPV minting will result in a large stack of ADA being placed in a “War Chest” for CNFT investment purposes, with the aim of producing passive income for SPA and SPV collection holders .

When the Poker Club begins to be created, part of the profits will go to the construction of a War Chest. The Pug Intelligence Division will operate War Chest to generate revenue (PID). PID is a large group of cryptocurrency and NFT analysts who work together to generate revenue for holders. The Space Pugs team will determine the value of the wallet at the end of each month.

For example, the wallet is worth 280 45 Ada and the NFTs are worth 25,000 25,000. The profit would be $25,000, which would be split among eligible holders. If the initiative does not generate a profit of $25.000, the shortfall will be reimbursed by the wallet. The minimum profit they will pay out to holders each month will be $10,000. The profit will be capped at $100,000. The team will evaluate how this works and consider increasing the limit if necessary. If they don’t make a profit, they will pay holders $10,000 out of pocket.

Space Pugs Poker Club

With 15 additional CNFT projects, Space Pugs Poker Club is a new NFT initiative with 7.777 members. Each starting poker hand will be treated as a member of the Space Pugs Poker platform. Cardano Cards Club, a project founded by Hews, has been acquired by Space Pugs. The team discovered this initiative and realized its enormous potential, so they contacted Hews. After much deliberation, they decided to create the Space Pugs Poker Club.

poker platform

Space Pugs crew members are working hard to develop their platform. This promises to be the most exciting mint in the life of an NFT collector playing poker. Imagine hitting aces or kings in your favorite pocket, or even 72, because the weakest poker hand also needs utility.

NFT Poker Club

Poker Club NFT will serve as a member of the poker platform. Proceeds from secondary market transactions will be distributed monthly to qualifying holders.

  • Poker Entry – Pug Poker chips will be used to purchase entries into all poker games available on the platform.
  • Tournament Prize – A piece of mint will be used to craft a wallet. This portfolio will be staked to earn Ada passively and grow by buying and selling NFTs profitably. The wallet will be used to fund the big prizes for poker tournaments. In addition, payment will be made in Pug Poker Chips.
  • Full Hands – Full hands must be created using the same project. A Full Hand is made up of two or three starting hands fused together; a holder needs three starting hands to make a Straight, Flush, Full House, Straight Flush or Royal Flush. Full houses can be made with two pair plus an additional card to form a set, or with two starting hands with the same face values ​​plus an additional card to form a set. When building Full Hands, standard poker rules apply.

Conclusion

Space Pugs is a collection of 7.777 NFTs on the cardano blockchain and profiting from these NFTs can be difficult. However, the excellent team of project analysts in the Pug Intelligence division make it easy. In addition, they will monitor all initiatives and opportunities.

Learn more about space pugs

* PortalCripto values ​​the quality of the information and attests to the verification of all the content produced by its team, emphasizing, however, that it does not make any type of investment recommendation, not being responsible for losses, damages (direct, indirect and accessories ), costs and loss of profit.

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What is Space Pugs – NFT Collection on cardano blockchain? | PortalCrypto


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