What are Dough Sweepers?
This collection includes 10,000 NFTs with immutable metadata, developed by Urkann. He is an investor, a successful businessman and co-founder of NFT Factory in Paris. He is also a crypto influencer and supporter of the Solana ecosystem. To talk about this project without alluding to its sponsor is unlikely. Degen Sweepers was developed exclusively around Urkann’s branding and created by the modern artist withstand.
Urkann is a famous speaker in the cryptosphere 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 longer period. 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 achievements, his nickname was rejected in “Clock recognition“, a term that has practically replaced the term “sweepingin the language.
look, of course I love the competition. And if I created @DegenSweepers it should be number 1.
Super simple. But no one knows yet.
— Urkann 🧹 (@_Urkann) 1 September 2022
The Degen Sweepers collection is a response to the desire 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 gather around their shared passion for NFTs, but above all to get closer to their mentor.
Some NFTs from the Degen Sweepers collection
“With Degen Sweepers, my desire is to gather all degens from Solana and even beyond (Ethereum) under one identity: the Urkann army. Together [nous] bring maximum value to our growers and the Degen City ecosystemUrkann told us.
As a reminder, the term “dough” 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 society. 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 Sweepers is an ambitious project that is far from limited to the already mentioned NFT collection. In reality, the scope of this initiative is much broader. It has three main parts.
- Firstly, the NFT marketplace. There are already several on the market dedicated to trading collectibles, such as OpenSea or Magic Eden. The proposal from Degen Sweepers is to offer a complete platform designed to meet the specific needs of the degen. Unique tools will soon be made available to enhance the user experience. In addition, the marketplace will integrate a multi-chain depot to support payments from any network. The marketplace will also donate a portion of the earnings to the 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 in 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 one side. And another version established in the metaverse of The Sandbox. It will be located on a 24×24 lot belonging to Urkann. Lots 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 gather all the degens in a single place for exchange and sharing with full access to all community services. This universe will include the aforementioned NFT marketplace, cinemas, stadiums, bars, casinos, residences and even malls to collaborate with various brands and be able to bring life to the ecosystem of Degen City.
Can you imagine the dough city? 😎 this is what a 24×24 looks like when it is completely built. Huge pic.twitter.com/SPNGLrZKA7
— Urkann 🧹 (@_Urkann) 25 August 2022
- Finally, it is planned to launch a token specific to the project, $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, together with the NFT collection, will form the basis of the entire ecosystem and provide benefits to all its holders. For example, they can use it to access launchpads on the soon-to-be-launched NFT marketplace.
Although only launched a few months ago, the NFT Degen Sweepers collection is already a hit with the community. From the artistic dimension of the offered pieces to the macroeconomic vision that animates the project, everything is done to seduce. In fact, the startup recently completed a funding round where 1968 NFTs, out of the 10,000 in the collection, were sold at $200 each. This sale, which corresponds 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 to bring more value to Urkann’s army. That said, another round of funding is planned very soon…