Review on Degenerator by Adedayo Adeniji
DEGENERETOR (MEME)
Degenerator is a project that incorporates the innovations of NFT and DeFi and it has worked with more than 30 artists with an achievement of 6700 unique NFT holders with $9.5 million worth of secondary market for NFTs issued native token of Degenerator which symbolized as MEME .
As a token holder you can stake MEME coin in farming contracts which in return gives you reward points and the reward points are used to redeem crypto arts in form of NFTs.
Degenerator recently upgraded to its version 2 platform to enhance new user interface, better backend flexibility, and it becomes easier for new art and drps to be deployed and a foresight to join Niftys which is a new NFT platform to solve the NFT discovery problems.
Degenerator's token is being currently and actively traded on Uniswap with a current price of $1235.79 and trading volume of $5822036.66 in the last 24 hours.
Pros
- It has a user friendly interface
- It offers backend flexibility
- It makes it easy to deploy new art and drops.
- It offers reward points to token holders.
Cons
- It is traded in few exchanges
