Utility
Lets discuss utility
Last updated
Lets discuss utility
Last updated
Lets talk about the utility of the Degen NFTs. Unsure of what utility means? Watch this quick 2 min video explaining with utility is prior to proceeding!
Okay, now that we all know what utility means! Lets discuss the utility benefits of owning a Degen NFT! I will break this up into 4 sections.
Utility 1/4, Free ticket entires!
Every Degen NFT will have a rarity color that identifies what unique benefit it contains.
⚪️ is Common, common gives you 1 extra ticket for free
🟢 is Uncommon, uncommon gives you 2 extra tickets for free
🔵 is Rare, rare gives you 3 extra tickets for free
🟣 is Epic, epic gives you 4 extra tickets for free
🟠 is Legendary, legendary gives you 5 extra tickets for free
Confused? Lets discuss further...
Lets say you own this 🟠 Legendary Degen Itachi Uchiha NFT.↙️
In doing so, you’d be able to submit your numbers for the drawing 6 times and only pay 3.68 MATIC ($2).
Example⬇️
0-0-0-0-0 (paid entry) $2
0-0-0-0-0 (free entry) $0
0-0-0-0-0 (free entry) $0
0-0-0-0-0 (free entry) $0
0-0-0-0-0 (free entry) $0
0-0-0-0-0 (free entry) $0
Total Tickets: 6
Total Free Tickets Granted: 5
Total cost: 3.68 MATIC ($2)
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Lets say you own this ⚪️ Common Degen NFT.↙️
In doing so, you’d be able to submit your numbers for the drawing 2 times and only pay 3.68 MATIC ($2).
Example⬇️
0-0-0-0-0 (paid entry) $2
0-0-0-0-0 (free entry) $0
Total Tickets: 2
Total Free Tickets Granted: 1
Total cost: 3.68 MATIC ($2)
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Lets now look at another example where a player may own multiple Degen NFTs they wish to submit into the drawing.↙️
In this case, the player has: 1x 🔵 Rare Degen NFT, & 1x 🟢 Uncommon Degen NFT.
For a total of 2 Degen NFTs.
🔵 = 4 tickets
🟢 = 3 tickets
In total, how many tickets do you think this player can enter into the drawing?
If you answered 7 congratulations, you know how to add 😂 🔵4 + 🟢3 = 7
Since each of the Degen NFTs count as 1 entry, the player will have to pay $2 for each Degen NFT they wish to enter into the drawing.
This is what it’ll look like when a player goes to checkout and wishes to use both of their Degen NFTs.
1x 🔵 Rare Degen NFT = 4 tickets total
0-0-0-0-0 (paid entry) $2
0-0-0-0-0 (free entry) $0
0-0-0-0-0 (free entry) $0
0-0-0-0-0 (free entry) $0
1x 🟢 Uncommon Degen NFT = 3 tickets total
0-0-0-0-0 (paid entry) $2
0-0-0-0-0 (free entry) $0
0-0-0-0-0 (free entry) $0
Total Tickets: 7
Total Free Tickets granted: 5
Total cost: 7.35 MATIC ($4)
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Now lets go over a scenario where the player doesn't own a Degen NFT.
This player will have to pay $2 per each ticket they wish to enter into the drawing for that day.
Lets take a look at how much a non-Degen NFT holder would have to pay to submit 6 tickets into the day’s drawing.
0-0-0-0-0-0 (paid entry) $2
0-0-0-0-0-0 (paid entry) $2
0-0-0-0-0-0 (paid entry) $2
0-0-0-0-0-0 (paid entry) $2
0-0-0-0-0-0 (paid entry) $2
0-0-0-0-0-0 (paid entry) $2
Total Tickets: 6
Total cost: 22.06 MATIC ($12)
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Utility 2/4, access to Degen DAO and private raffles!
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Utility 3/4, ability to be the SLMF!
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Utility 4/4
As you see, there’s immense value to owning a ! The higher the rarity 🔵🟣🟠, the more value you'll derive!
The utility doesn't end there, each Degen NFT automatically grants the holder membership to the , as well as weekly private raffles where either: Crypto, NFTs, Whitelist spots, or other special rewards will be up for grabs! Best of all, you won't have to pay to enter. Simply be on the look out for the raffle announcements and click a button within our discord server to be entered into the raffles!
Only holders of a Degen NFT will be able to become A Super Lucky mfer (SLMF). Each play cycle the SLMF will earn 1% of the total pool amount. The SLMF is 1 of 2, of our two guaranteed win conditions that happen each play cycle. Everyone, regardless of Degen NFT ownership will have a chance to become the LMF (Lucky mfer), this is the 2nd of our 2 guaranteed win conditions each play cycle, but only holders of a Degen NFT will be able to become a SLMF. Did I confuse you?...don't worry, you'll learn more about this in the next section .
We want to leave the floor open for the community to decide what the fourth utility benefit should be. So head on over to our and let your 🗣️voices be heard!
