Based Degen ApesPrice

(APES)

Degenerate Ape Academy (DAA) is a prominent NFT collection comprising 10,000 unique 3D ape avatars. These digital collectibles are securely rooted in the Solana blockchain. Each ape boasts distinct visual traits, making them individual pieces of digital art. Beyond their aesthetic appeal, these NFTs function as avatars and facilitate the exchange of digital assets within their ecosystem. DAA represents a significant early NFT project on the Solana network, contributing to the platform's early growth and adoption.

Initially, Degenerate Ape NFTs were minted directly from the project's official website using an "Apeintosh" interface. Due to overwhelming demand and a rapid sell-out during the launch, the primary acquisition method has shifted. Currently, prospective owners can acquire Degenerate Ape NFTs predominantly through various established secondary marketplaces. When considering purchases on secondary markets, it is always recommended to exercise caution and verify authenticity, especially given past reports of potential vulnerabilities.

Each Degenerate Ape NFT is defined by nine distinct traits, including background, attire, eyewear, fur/skin, generation, head, mouth, sequence, and teeth. These traits are pivotal in determining an individual ape's rarity within the collection. There are a total of 137 possible traits distributed across seven distinct categories. The rarity spectrum ranges from 'common' to 'mythic,' creating a structured hierarchy that collectors use to assess the uniqueness and desirability of their acquired or desired Apes.

The driving force behind Degenerate Ape Academy is Degenerate Laboratories Inc. Monoliff is recognized as the founder and creative director, playing a pivotal role in shaping the artistic vision and initial direction of the project. Other significant contributors mentioned include Sea_Eoh, who previously served as a team leader, and NickyScanz, who holds the position of the current team leader. The team's expertise and commitment are fundamental to the evolution and expansion of the "Degeniverse" and its community initiatives.

Owning a Degenerate Ape NFT serves as an enrollment pass to the "Academy," which provides exclusive access to current and future offerings within the "Degeniverse." This utility is designed to extend beyond a static collectible, aiming to build a vibrant community and integrate holders into the project's expanding ecosystem. The stated goal is to continuously enhance and broaden the utility provided to owners over time, ensuring ongoing engagement and value proposition for community members.

Yes, Degenerate Ape Academy incorporates secondary sale royalties. These royalties are set at 4.2% of the sale price. A portion of these royalties, specifically 10%, is contributed directly to a dedicated community vault, intended for funding future expansion and development efforts. Furthermore, the project features its own community marketplace where its Degenerate Ape, Degenerate Trash Panda, and Degenerate Kindergarten collections can be traded. A 1% fee from each transaction on this marketplace is allocated to the DAOO (Degenerate Ape Official Organization) to support community initiatives.