PixelPotus, one of the most important NFT collectible dapps on the Tezos blockchain, has been doing very well in the last few days. As one of the newer NFT collections, PixelPotus has found increased interest. The number of active users has risen to over a thousand. Furthermore, the number of transactions quickly rose to over 26.000.
As decentralized applications based on Tezos gain ground, PixelPotus benefits from more attention from the public. Furthermore, the way the POTUS collection is structured motivates further activities.
The seven-day metrics for PixelPotus also show that NFT enthusiasts appreciate the sentiment behind the collection. While there is a decline in the number of active users, the collection still attracted up to 600 portfolios of active users. Despite the fact that the initial wave of novelty wears off slowly, the President of the United States collectible pixels are doing well on the market.
In the past 24 hours, more than 250 user wallets have been active on the platform, making transactions worth more than $ 1.000. Considering the fact that a POTUS NFT can be launched as low as 0,12 TEZ (about $ 0,30 at the time of writing this post), these are significant numbers.
How does PixelPotus work?
The idea behind PixelPotus is relatively simple. Collectors can invest in an NFT of any of the former and current presidents of the United States. Initially, your collection starts with a common collectible, which can then be upgraded. One of the main incentives, and the somewhat competitive element of collecting, is achieving a unique status on one or more of your POTUS NFTs.
The creators of PixelPotus have decided that there can only be one unique NFT level for each of the Presidents. This means that only the first person to achieve a unique status will be able to have such an NFT and benefit from the treasury rewards.
However, from what we have learned, achieving the state of "one" is not easy. Collectors will need to purchase and burn enough rare, epic, and legendary cards to amount to enough for the unique one. This is a rather innovative approach to NFT collectibles. By introducing the competitive element, PixelPotus aims to increase activity and support for collection.
Another incentive to start collecting POTUS NFTs is the fact that you get your first NFT for free. You just have to pay the insignificant gas commission for the transaction. Collectors receive one free NFT per day and can purchase up to 6 POTUS NFTs each 24 hour period, with a starting price for one at 0,125 TEZ.
Being a relatively new project, PixelPotus is performing very well. The political element of the collection is also an interesting spin on NFT collectibles. Considering the excellent initial performance, we will continue to follow the development of PixelPotus, so stay tuned and let us know in the comments below what you think.
