- Timechain announces an NFT collection called Crypto Cups.
- It will offer unique utility to Timechain app users and stakers.
- The NFTs will launch on Ethereum, and future collections will launch on Fantom, Terra, Polygon, and Solana.
Canada’s most trusted regulated financial app and DEX aggregator, Timechain announces plans to launch its NFT collections. The supposed NFT collection named Crypto Cups will provide unique utility to Timechain app users and stakers.
Specifically, Timechain is a decentralized exchange aggregator financial app that offers users an avenue to earn a passive yield on crypto assets, targeted for Canadian users and regulated by Canadian authorities.
So far, the Timechain team has built a mobile app, a multi-chain DEX aggregator that provides DeFi services. They have also developed a crypto fund that invests in other cryptocurrency projects and more.
According to the document sent to CoinQuora, Crypto Cups will feature 10,000 Crypto Cups. Like many NFT collections, the Crypto Cups can be common, rare, epic, legendary, or unique.
Furthermore, the NFTs can be minted in a private sale for whitelisted participants, with the rest distributed in a public sale a day later. They will come with six visible traits and a unique skill as the seventh trait that will distinguish the NFTs by their rarity.
At the moment, Crypto Cups will launch on the Ethereum network. However, Timechain says it plans to offer future collections on other blockchains such as Fantom, Terra, Polygon, and Solana.
Since it will launch on Ethereum, holders of at least three NFTs on the blockchain will receive one on Fantom for free. Not only that but there will also be an opportunity to get special Crypto Cup serum.
Moreover, the NFTs are a collection of cute science experiments that went slightly crooked as the Timechain scientists were developing the TimechainApp. Users can earn extra TSC tokens daily by staking Crypto Cups NFTs in the app in addition to boosting their rewards rate by 1% on TimechainApp assets.
Users can also stake their TCS utility token on TimechainSwap, which will soon be a multi-chain DEX aggregator. The rarity of the NFT comes with many gains in the sense that the rarer the Crypto Cup, the more capital is eligible for the boost.
The common NFTs start from $10,00 and up to no cap for legendary and unique cups. Together with this, the bonuses can be staked as it offers a 1% boost on accounts up to $100,00 in value. Of note, 10 common NFTs are equivalent to one rare.
Additionally, Louis Cleroux, the CEO of Timechain gave his personal insight into the Crypto Cups NFTs.
The Crypto Cups found us, and now it’s our duty to them to let them see the light on Ethereum and Fantom. This is a unique collection designed with special utility for TimechainApp users, but we also believe that holders will enjoy the art. Looking forward to mint day!
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