Potatoz Rising After Staking System Announcement

Potatoz Rising After Staking System Announcement

The Potatoz collection, from Memeland, is up 100 percent following a thread from Memeland founder @9gagceo detailing an upcoming staking system for the NFT.

The founder of the Hong Kong-based social media site said the project will soon be launching a "stake-to-win" system for holders of Potatoz. The system awards holders weekly raffle tickets and will also "roll into everything we build in the @Memeland ecosystem."

"We are building @Memeland differently," said 9gagceo. "Instead of seeing every holder as equal, we want to reward loyalty, trust, and patience. We want our long-term holders and true believers to get the biggest slice of the cake. If you have believed in us since day one, you should get more than someone who just purchased the day before. This is how I want a community to be built. This is the way."

The floor price on Potatoz rose from 0.69 to 1.389 ETH amid the news. 

More about The Potatoz

The Potatoz is a collection of 9,999 profile picture NFTs created by Memeland on the Ethereum blockchain. Each Potatoz NFT is utility-enabled and acts as an entry ticket into the Memeland ecosystem, which invented the "grow-to-earn" staking mechanism. Grow-to-earn allows users to lock up their Potatoz NFT and participate in a raffle-based prize system, and more.

At the time of publish, the The Potatoz floor price sits at 1.74 ETH, and has stayed relatively flat over the past 24 hours on 35 ETH volume of transactions. Over the last 30 days, 52 sharp wallets have sold 74 NFTs and 25 sharp wallets have bought 39 NFTs in the The Potatoz collection. Catch up on other recent The Potatoz news here.

Recent The Potatoz Sales

#3444sold at 12/05 9:12am for
1.70
#9946sold at 12/05 9:12am for
1.70
#1261sold at 12/05 9:12am for
1.96
#4091sold at 12/05 8:12am for
1.95
#5715sold at 12/05 8:12am for
1.96

Recent The Potatoz Listings

#2423listed at 12/05 9:12am for
2.50
#2423listed at 12/05 9:12am for
2.50
#3444listed at 12/05 8:12am for
1.80
#3444listed at 12/05 8:12am for
1.80
#3416listed at 12/05 8:12am for
1.92
Disclaimer: The author or members of the Lucky Trader staff may own NFTs discussed in this post. Furthermore, the information contained on this website or the Lucky Trader mobile application is not intended as, and shall not be understood or construed as financial advice.
In this post
Related Content
Lucky Trader News on Twitter
Get alerts the moment news breaks with the Lucky Trader app.