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ShapeShift hopes to create ‘rarest and most historic’ NFTs with 80% buying and selling card provide burn By Cointelegraph


Non-custodial cryptocurrency trade ShapeShift has burned a whole bunch of themed collectible “playing cards” from the blockchain-based cell sport Spells of Genesis. The staff stated that the remaining playing cards in its possession can be positioned beneath the management of its new decentralized autonomous group, or DAO, and unlocked in restricted tranches over the approaching two years.

In line with on-chain knowledge, events together with ShapeShift have burned at the least 817 of the digital playing cards titled “ShapeShift the Wanderer” — initially minted in June 2015. This information adopted an Oct. 12 announcement that the trade supposed to destroy 649 playing cards to make these in circulation “among the many most uncommon [Spells of Genesis] playing cards in existence and among the many oldest NFTs in existence.” Different events seem to have burned an extra 168 playing cards sooner or later prior to now as effectively, leaving lower than 200 playing cards distributable on-chain.