ShapeShift hopes to create ‘rarest and most historic’ NFTs with 80% buying and selling card provide burn By Cointelegraph



Non-custodial cryptocurrency trade ShapeShift has burned a whole bunch of themed collectible “playing cards” from the blockchain-based cellular sport Spells of Genesis. The workforce mentioned that the remaining playing cards in its possession will probably be positioned below the management of its new decentralized autonomous group, or DAO, and unlocked in restricted tranches over the approaching two years.

In response to 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 trade 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 up to now as properly, leaving lower than 200 playing cards distributable on-chain.