Utility One: War Of The Degens

TheGreedyDegens
3 min readMar 27, 2023

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INTRODUCTION:

The “War of the Degens” is a monthly investing tournament that pits our community members against each other in competition for cash prizes. Our tournament has been created to become the fighting ground for investors and traders across the metaverse. By standardizing time frame, industry, and all relevant investing factors, we created an unbiased stock investing competition that compares the participant’s investment abilities. The goal of our month long tournament is to achieve the highest ROI in a simulated stock market experience. Participants who win the War of the Degens tournament will receive a cash prize, a 1/1 Greedy Degen collectible, and a personalized crystal plaque to commemorate their win.

TOURNAMENT:

The War Of The Degens investing tournament is a fun and interactive experience for all investing enthusiasts. Our online investing tournament offer our tokenholders a unique opportunity to use their NFT as a form of collateral to enter the tournament and unlock special prizes. In our investing tournament, participants compete against each other by making virtual investments in stocks using virtual money. It’s simple: Choose your investments from a selection of stocks, bonds, and more, and watch your portfolio grow (or shrink) in real-time. The goal is to achieve the highest return on investment over the course of the month. But it’s not just about making a profit — it’s about outsmarting your opponents and coming out on top. The competition is fierce, but the bragging rights are worth it. So grab your virtual trading hat and get ready to rumble in the War Of The Degens!!

Monthly Rewards:

● 1st place → $1,000 USDT and a 1/1 Greedy Degen NFT
● 2nd-5th place → $750 USDT and a 1/1 Greedy Degen NFT
● 6th-10th place → $500 USDT and a 1/1 Greedy Degen NFT

Notes: Access to the War Of The Degens will require the ownership of one Greedy Degen character. Each Greedy Degen NFT will serve the owner as a separate ticket of entry into our tournament.

KEY BENEFITS:

1.) Learning opportunities: Online investing tournaments provide a low-risk way to learn about the stock market and test different investment strategies. This can be a great way for beginners to gain experience and build confidence in their investing skills. 2.) Prizes: Our online investing tournament offers unique prizes for the top performers, which can be a great incentive for participants to try their best and compete. These prizes include cash, 1/1 NFTs, as well as other awards. 3.) Low risk: Because participants are using virtual money in our tournaments, there is no risk of losing real money. This can be a great way for our community to test out different investment strategies and see how they perform without any financial risk. 4.) Fun and engagement: The War Of The Degens offers a fun and engaging way for investors to learn about the stock market and compete against others. This can make the learning process more enjoyable and help participants stay motivated.

FINAL NOTE:

We launched our NFT project to bridge the gap between the traditional investing community and the NFT space. By offering investors the opportunity to use their NFTs in a meaningful way, we hope to create new opportunities for investors while also contributing to the growth and development of the NFT space. Our project aims to bring the traditional investing world and the NFT space closer together and help them evolve in new and exciting ways.

SOCIALS:

www.thegreedydegens.com
www.twitter.com/@thegreedydegens
www.discord.gg/FWSX7Pn8aQ

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TheGreedyDegens

This is the official Medium page of The Greedy Degens NFT collection.