San Francisco, Nov. 1, 2022 (GLOBE NEWSWIRE) — San Francisco, California —
HODL, a cryptocurrency company on the BSC network, has announced the new features of their HODL Hands NFTs. HODL hands consist of an array of 10,000 NFTs minted on the Binance Smart Chain (BSC).
Each HODL hand has six properties: the stump, the palm, the wrist, the skin, the fingers, and the background. These NFTs also have six levels of rarity: common, uncommon, rare, epic, legendary, and mythic. And not only are these NFTs a work of art, but they can also be staked through HODL’s DEX to unlock auto-compound pools with up to 100 percent APY, earn $HODL or $HODLX and get up to 5 percent more $HODL when buying through PancakeSwap or their DEX with HODL hands held in their wallet. Other useful features in development include exclusive access to games to make money, and integration into their Texas HODL poker game.
NFT is a non-fungible token. The term “non-fungible” means that it is unique and different from the other tokens. This means that an NFT is different from bitcoin, which is fungible and can therefore be traded for another bitcoin. An NFT can be compared to a trading card, where each specific card is unique and different from the other cards.
HODL Hands is the company’s first NFT series and their goal was to create art that symbolizes the essence of HODL and its community. As such, the HODL Hands collection represents strength, unity and resistance using the raw form of the clenched fist. The various characteristics of the state of mind of the community members are represented in this iconic 10,000 selection of NFTs. More information can be obtained by checking out the HODL Hands Art Pack.
For investors, they will point out that HODL Hands are worth holding because they can provide passive income. These NFTs can actually open the door to exclusive income for the holders. HODL Hands can provide these earnings in three ways: to stake them and earn passive income; unlocking increased annual percentage yields (APYs); trade them in the HODL marketplaces. The collection uses a Gaussian curve or normal distribution model with the mythic level of rarity at the extreme ends, followed by legendary, epic and rare levels as the rarity decreases. In the middle, NFTs are at the usual level.
Earning from HODL Hands NFTs can be done through: auto-compounding, play to earn mini-games; access to original games; poker; and HODL Hands 2. They have been integrated into the Texas HODL poker game for a better experience. And their right-handed sets allow holders to mint a third NFT by breeding a right and a left HODL hand.
For those interested in buying HODL Hands, the sale takes place at HODLtoken.net. There is also a limited edition of 3 superhero hands that come with an impressive prize. All of their NFTs are randomly minted with 3 mythic hands available, which are Ironhand, which is worth $2500; Spiderhand, which is worth $5,000; and Bathand, which is worth $10,000.
Established in 2021, HODL is a community-driven decentralized finance (DeFi) digital currency project that is based on the Binance Smart Chain #BSC. HODL uses the most advanced mechanism for the BSC ecosystem where people are able to win $BNB simply by holding $HODL tokens. DeFi projects are software protocols that run on top of a blockchain network, such as Ethereum and Cosmos. Such projects take advantage of the underlying protocol technology, including new enhancements to automate financial services. Investors simply need to keep HODL tokens in their wallet to earn more BNB rewards. Adam Roberts, CEO of HODL, says: “We make passive income easy for anyone, anywhere, anytime. Now we’ve added more opportunities to earn that are available exclusively to our HODL Hands holders. Those who want to know more about the HODL Hands NFTs can download our NFT Deck.”
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For more information about HODL, contact the company here:
HODL
Adam Roberts
1460 Mission St, San Francisco, CA 94103
