Des Monsters Creator Announces Monthly Release of Limited Edition NFTs for Defy Mosaic Holders

02/23/2023 18:12 • Metaverse Matters • 153 views

It is reported that Des Lucre, the creator of the NFT series “Des Monsters”, who has just announced a one-year contract with Sotheby’s, a world-famous auction house, released an announcement on social media. The holders of Defy Mosaics will receive monthly release of Monsters Editions to encourage the head holders of encrypted art. It is estimated that the release quantity will account for 10% of the total supply of Monsters Editions, and the first release will be completed as early as February.

Des Lucre, who signed with Sotheby’s for one year, announced that Monsters Editions will be launched for Defy holders every month

Analysis based on this information:

Des Lucre, the creator of the popular NFT series “Des Monsters”, has recently announced a one-year contract with Sotheby’s, a well-known auction house. In a recent announcement on social media, Lucre revealed that holders of Defy Mosaics will receive monthly releases of Monsters Editions, as a way of incentivizing owners of encrypted art.

This announcement is significant for several reasons. First, it highlights the growing popularity of NFTs as a new digital medium of art. NFTs, or non-fungible tokens, are unique certificates of ownership that are stored on a blockchain. This allows artists and collectors to create and trade digital art with a degree of originality and provenance, unlike traditional digital files.

Second, it underscores the importance of partnerships and collaborations in the NFT space. Sotheby’s, one of the world’s leading auction houses, has been actively exploring the potential of NFTs in recent months, auctioning off works such as the first-ever NFT artwork by the digital artist Beeple, which sold for a whopping $69 million.

Finally, the announcement signals a new trend in the use of NFTs as a way of engaging and rewarding collectors. Defy Mosaics is a popular NFT project that allows collectors to stake their tokens in various DeFi protocols and earn rewards. By offering limited edition NFTs as an incentive for staking, Lucre is tapping into a growing market of collectors who are interested in both the financial and artistic value of NFTs.

In terms of specifics, the announcement indicates that the release quantity of Monsters Editions for Defy Mosaic holders will account for 10% of the total supply. This suggests that a significant amount of new NFTs will be entering the market, which could have implications for the overall value and marketability of the Des Monsters series.

Overall, Des Lucre’s announcement is a bold move that highlights the innovative and dynamic nature of the NFT space. As the market continues to evolve, we can expect to see more partnerships, collaborations, and creative uses of NFTs as a way of engaging and rewarding collectors.

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