On September 22, the team behind the Wallstreetbets defi application called Wsbdapp announced the launch of a non-fungible token (NFT) collection featuring 15,000 generative NFTs. The team claims that the NFTs offer utility such as VIP access to special metaverse events or yield farming boosts.

Wsbdapp Project Launches NFT Collection

During the first week of September, Bitcoin.com News reported on the Wallstreetbets’ (wsbdapp) platform, which allows users to transact with decentralized finance (defi) protocols like a decentralized exchange (dex).

The project partnered with the defi project Balancer a few days later and this week, the Wallstreetbets (WSB) defi project has launched a collection of non-fungible tokens (NFTs). Jaime Rogozinski is the founder of WSB, and a strategic partner in the Wsbdapp Project. He explains that for some time memes from WSB were free to the public.

The Wallstreetbets community is giving away memes for too long. Apple should pay everyone royalties for rocket emojis and diamond emojis,” Rogozinski stated in a statement to Bitcoin.com News.

“That’s why I brought together a global group of artists, builders and DeFi pioneers to create an NFT experience that combines both the culture and creativity that the community has displayed over the past year,” Rogozinski said. The founder of WSB continued:

We’re proud to introduce the Diamond Hands Pass NFT collection as we enter new frontiers in defi and create offerings that can help regular people own their financial futures. Cool art.

Raffle Tickets and the ‘Diamond Hands Pass NFTs’

According to WSB, the NFT statistics will include:

• 30,000 NFT raffle tickets
• 15,000 Diamond Hands Pass NFTs
• 153 unique artwork traits
• 40,600,560 unique possibilities

The project’s team also revealed that the genesis Diamond Hands NFT can unlock specific benefits.

“There are 15,000 handcrafted genesis NFTs up for grabs, each with unique qualities and some with desirable rarities,” the WSB team disclosed. “In the interest of fairness, WSB is introducing a 30,000 raffle ticket system that allows participants to mint up to five raffle tickets per wallet. After all tickets are sold, or the minting window has closed, the random draw will take place using a computerized selection process. Non-winning raffle tickets will be refunded

Each Diamond Hands NFT is handcrafted generative art. Diamond Hands Pass holders get access to the exclusive Discord room. NFTs also offer “enhanced yield farming” and premium access to Wallstreetbets events

. The Wsbdapp project isn’t the first to include NFTs in its unique defi system. NFT concepts go beyond collectibles and include utility concepts such as VIP access, raffle tickets, discounts, etc. The NFT art was designed by the popular artist yung.lils.

Image Credits: Shutterstock, Pixabay, Wiki Commons

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