ShapeShift hopes to create ‘rarest and most historical’ NFTs with 80% trading card supply burn By Cointelegraph
Non-custodial cryptocurrency change ShapeShift has burned tons of of themed collectible “playing cards” from the blockchain-based cellular recreation Spells of Genesis. The crew stated that the remaining playing cards in its possession shall be positioned beneath the management of its new decentralized autonomous group, or DAO, and unlocked in restricted tranches over the approaching two years.
In line with on-chain information, events together with ShapeShift have burned a minimum of 817 of the digital playing cards titled “ShapeShift the Wanderer” — initially minted in June 2015. This information adopted an Oct. 12 announcement that the change supposed to destroy 649 playing cards to make these in circulation “among the many most uncommon [Spells of Genesis] playing cards in existence and among the many oldest NFTs in existence.” Different events seem to have burned a further 168 playing cards in some unspecified time in the future previously as properly, leaving lower than 200 playing cards distributable on-chain.
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