Degen Zoo (DZOO) is a blockchain-based game and community incubator for animal NFTs. More
| Fully Diluted Valuation | $692,119 |
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| 24H Trading Volume | $5 |
| 24H Low / High | $0.00 / $ 0.00 |
| Circulating Supply | 420.53 M |
| Total Supply | 535.00 M |
| Max Supply | 1.00 B |
| Categories | BNB Chain Ecosystem 1 more |
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| Founder | Chris Zaknun |
| Website | degenzoo.co |
| Socials | |
| Chains |
Ethereum Ecosystem
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| Explorer | Ethplorer 4 more |
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Degen Zoo (DZOO) is a blockchain-based gaming project initiated by the founder of DAO Maker. Positioned as a community incubator for animal NFTs, Degen Zoo introduces a novel concept through its first collection, "Price of Extinction," which is collateralized by the DZOO token.
Game Dynamics and Token Economy:
Degen Zoo operates on a trustless blockchain, ensuring transparency and a fixed set of rules. Players engage in a token economic game theory, simulating real-world monetary incentives that contribute to the extinction of various animal species. The core gameplay involves hatching and leveling up animals, with players increasing their token ownership. The unconventional aspect arises when players choose to burn (kill) their animals, releasing the tokens locked within and effectively reducing the circulating supply of $DZOO tokens.
The "Price of Extinction" Collection:
The inaugural collection, "Price of Extinction," serves as the foundation for Degen Zoo's approach. Each NFT in this collection is collateralized by the $DZOO token, forming a symbiotic relationship between the digital assets and the underlying token. The project aims to generate funds for animal charities and NGOs through a 2.5% NFT royalty fee on every trade.
Philanthropic Endeavors:
Degen Zoo positions itself as a philanthropic initiative, channeling a portion of its revenue toward animal charities and NGOs. The 2.5% NFT royalty fee on trades becomes a notable mechanism for fundraising, contributing to the betterment of endangered species. While the game itself is presented as a hobby project and not financial advice, the philanthropic component aims to align the gaming experience with a socially responsible cause.
Project Origins and Disclaimer:
Initially conceptualized as a challenge to demonstrate the execution capabilities seen in Logan Paul's Crypto Zoo game, Degen Zoo has evolved into a distinct project. The creators emphasize that the information provided is not intended as an endorsement for investment but rather as a recreational game designed to support endangered animals.
In conclusion, Degen Zoo emerges as an unconventional blockchain-based game, combining entertainment with philanthropy. As players navigate the token-driven dynamics, the project aspires to make a tangible impact on real-world conservation efforts through its fundraising initiatives for animal charities and NGOs. The success of Degen Zoo will be determined by its ability to engage users and contribute meaningfully to the stated philanthropic objectives.
Degen Zoo distinguishes itself by blending blockchain-based gaming with a philanthropic mission. The token economic game theory, simulating real-life money incentives driving animal extinction, sets it apart in the NFT space.
The founders of DAO Maker is the visionary behind Degen Zoo, a blockchain-based gaming project designed as a hobby initially to challenge the execution capabilities seen in Logan Paul's Crypto Zoo game. Specific founder of Degen Zoo is Chris Zaknun.
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