Token prices have risen 20-fold, and NFT and liquid mining have begun to merge

I don't know if investors are tired of the current DeFi liquidity mining, Emoji Logo project after Emoji project, it is difficult to create new value, even accelerating the erosion of DeFi's ecology.

As a result, DeFi has been derided not as "centre Finance" but as "Degenerate Finance".

Whether DeFi has fallen or not is not discussed. If we just look at the new token allocation model of pure fluidity mining, there may be some new ways of playing, such as combining fluidity mining with NFT.

NFT and fluidity may seem irrelevant, but the NFT mining project is already in full swing.

WHALE NFT mining is a new attempt at being an artist

Know about NFT field before the name WhaleShark must not unfamiliar, this is a NFT whale, DappReview once wrote a WhaleShark introduction, you can clickNFT's Mysterious Whale: 'Swallowing' more than 3,000 pieces to issue a social currency?Look at it.

The mystery man many NFT huge purchasing power, including encryption works of art, The Sandbox block, block chain game equipment, etc., influential, so that The new encryption artist works to him "look", first Whale Shark also never spares for The couple's praise and encouragement, in order to make artists were more people see, he even bought large tracts of land in The CryptoVoxels free for artists to do exhibition.

Not long ago, WhaleShark announced on Twitter that he was going to start digging WHALE NFT mines, using NFT mining to win WHALE tokens.

The WhaleShark community selects artists with an income of 25ETH. After the selection, artists submit multiple versions of NFT specially created for WHALE NFT mining and donate one of them to the WHALE vault.

WHALE is a token issued by the WHALE himself, which caused a great uproar in the cryptographic art circle and the NFT circle at that time. Its price has a strong correlation with the VALUE of NFT in WhaleShark's NFT vault. According to Nonfugible.com, which conducted an asset audit for the WhaleShark Treasury, the total value of the NFTS is estimated at $500,000, with a market value of $1 million.

In return, the WhaleShark community will set up an NFT Mining Bonus pool of 2,000 whales per month ($5,000), which will be allocated to 10 NFT $WHALE creators who create exclusive sales in the form of $WHALE tokens. And WhaleShark will also provide artists with exposure on social media.

For the artist, the proceeds from the sale of his or her work in the WHALE NFT mine will go to him or her and he or she will receive an extra bonus. For buyers, they can buy high-quality works at a relatively low price without worrying that the actual value of the works is lower than the amount spent. For the WhaleShark community, the value of the WHALE vault is increasing as THE NFT donations increase, and it will give the $WHALE more liquidity, which will increase its price.

Crypto Wine Crypto Wine encryption, from the Wine caused by cultural experiments

If WHALE NFT mining is more for the benefit of artists, then Crypto Wine encryption is to lower the threshold for the public NFT collection, so that more people can access to THE NFT collection.

Not many people care about art, and even less about cryptographic art, leading to a special "solidarity" among cryptographic artists. When you follow a few cryptographic art platforms and a few cryptographic artists on Twitter, after a while you'll find that they turn you off and other platforms and artists follow you. They are desperate for new entrants, both artists and audiences.

The start of the Crypto Wine Crypto project has given NFT access to more people who would otherwise have focused only on DeFi's mobile mining.

NFT works created by artists in the project are called "Crypto Wine" and can be obtained by pledging liquid GRAP COINS. GRAP is a token for a liquid mining project with the Logo of grape, which can be obtained through mining or purchased directly from Uniswap.

From grape Wine to Wine, Crypto Wine is more like a brand new cultural experiment.

Each player in the GRAP pledge pool can randomly get Crypto Wine by air, and each Crypto Wine is an encrypted art painting inspired by a Wine bottle.

At the same time, GRAP pledge will provide players with "brew score", players can draw to Crypto Wine and trade freely, or collect. Every time Crypto Wine is extracted from the pledge pool, "brew score" is consumed as a fee, which is used for the prize pool and the artist award (1%, 2%, and coinage fees).

Each Crypto Wine collected by the player has corresponding score, and the ranking of the final player USES the winemaking score obtained by pledge + the total score of Crypto Wine owned as the ranking.

The last Crypto Wine will be ranked six hours after it is dug. The player with the highest collection progress will get 1/2 of the contents of the prize pool, the second one will get 1/4 of the contents, and the third one will get 1/8 of the contents of the prize pool. The remaining 1/8 will be allocated to each participating artist based on the number of creations.

Although the income of the artists participating in Crypto Wine may not be as good as the income from directly selling their own works, for the whole culture, it is obviously more worthy of attention to attract more newcomers to participate in encryption art and NFT collection. After all, AS a niche block chain industry, NFT still has a long way to go to achieve universal popularization.

"Don't buy $MEME", mocking DeFi's depraved joke

If Crypto Wine is a cultural experiment with the experimenter's rational judgment on the development prospect of NFT, then the "Don't Buy MEME" is a complete carnival.

According to the original article, "DeFi has gone from being Decentralized Finance to araric Finance". On August 15, Jordan Lyall, the director of DeFi products at Talsys, tweeted that DeFi is "Degenerate Finance". The core of the smart contract at DeFi Mobility Mines is copied, and there is no need to worry about the smart contract audit because the changes are all inconsequential and the Logo is just an Emoji.

But, crazy enough, the joke came true a few hours later. A group actually made a joke of it and created a MEME with the Emoji pineapple in the Logo. The group now has several thousand members and the meme's website is playfully called "Dontbuymeme".

The original meaning of Meme refers to the idea spread in the community, which represents a Shared subculture or a perception of reality. The meme coin is an apt name. Now, the whole thing is too punky, too subcultural.

The total "air coin" started off as an Uniswap, then Jordan Lyall teamed up with the community to bring NFT into mobile mining, and the price of $MEME went from $11 at the beginning to $233 at the top.

How is MEME combined with NFT?

To put it simply, the player can buy MEME in Uniswap and then pledge it in NFT Farm. The player can get Pineapple MEME points every day. When Pineapple points are enough, it can be exchanged for the NFT MEME collection card, which can be kept for collection or hung in OpenSea for sale. At present, dozens of MEME collection CARDS have been traded on OpenSea, with an average transaction price of 0.3147ETH, about $120.

From "air coin" to the now highly regarded NFT mining project, the success of MEME not only proves that NFT can withstand the test of the market, but also proves that subculture is also a force that cannot be ignored in the field of encryption.

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