**Knights of Degen Completes Degen Seed Airdrop and Launches Pledge Function**
According to reports, the NFT project Knights of Degen announced on social media that it has completed the Degen Seed air drop and launched the pledge function.
According to reports, the NFT project Knights of Degen announced on social media that it has completed the Degen Seed air drop and launched the pledge function. All Knights of Degen NFT holders have already been air dropped with Degen Seed, and can now use Degen Seed to pledge Knights&Steedz in the first stage of Pre Season. After 60 consecutive days of pledge delay, the Deeds will be “released”.
NFT project Knights of Degen completed Degen Deed air drop and launched pledge function
Cryptocurrency has become an increasingly popular investment strategy in recent years, with NFTs (Non-Fungible Tokens), serving as one of the hottest trends in the space. Over the past few years, NFTs have expanded beyond the art world to also include gaming, music, and sports. One such NFT project that has caught the attention of investors and enthusiasts alike is Knights of Degen. In this article, we will take a closer look at Knights of Degen, its recent Degen Seed airdrop, and pledge function launch.
**Overview of Knights of Degen**
Knights of Degen is a blockchain-based gaming platform that allows users to collect, train, and battle knights and horses, referred to as “Steedz,” all through the deployment of NFTs. Every Knight and Steed in the Knights of Degen ecosystem is unique, which makes every NFT valuable.
The Knights of Degen NFT project has been in development for a few years but was officially launched in August 2021. It has quickly gained a following among blockchain enthusiasts, offering unique gaming experiences combined with NFTs.
**Degen Seed Airdrop**
On September 14, 2021, Knights of Degen announced on its official social media channels that it had completed the Degen Seed airdrop. The airdrop was designed to give existing Knights of Degen NFT holders the ability to pledge their tokens in the first stage of Pre Season.
All Knights of Degen NFT holders have already received Degen Seed to use for the pledge function. The launch of this function means that Knights of Degen NFT holders now have the opportunity to have their NFTs pledge Steedz. After 60 consecutive days of pledge delay, their Deeds will be “released.”
**Pledge Function Launch**
With the launch of the pledge function, Knights of Degen has created a significant opportunity for its NFT holders. The launch allows users to pledge their NFTs, essentially locking them up for 60 consecutive days, in exchange for receiving additional Degen Seeds.
The added incentive here is that Knights of Degen NFT holders can then use these additional Degen Seeds to further pledge Steedz and acquire additional rewards. The number of rewards received will depend on the level of Steedz pledged.
The launch of the pledge function has the potential to increase interest among Knights of Degen NFT holders and bring in new investors, making it a promising development for those interested in the project.
**Conclusion**
Knights of Degen has quickly become an exciting project in the world of NFTs and blockchain-based gaming. The recent Degen Seed airdrop and pledge function launch are significant developments that will further solidify the project’s position.
With the launch of the pledge function, Knights of Degen has created an incredible opportunity for its NFT holders to pledge Steedz, acquire additional rewards, and ultimately further increase the value of their NFTs. As the project continues to grow and develop, it will be interesting to see how it further innovates in the world of NFTs and gaming.
**FAQs**
**Q1. What is Knights of Degen?**
Knights of Degen is a blockchain-based gaming platform that allows users to collect, train, and battle knights and horses, referred to as “Steedz,” all through the deployment of NFTs.
**Q2. What is the Degen Seed airdrop, and why is it significant?**
The Degen Seed airdrop was designed to give existing Knights of Degen NFT holders the ability to pledge their tokens in the first stage of Pre Season, and it is significant because it offers NFT holders the chance to participate in the project further.
**Q3. What is the pledge function, and when was it launched?**
The pledge function is a unique feature that allows NFT holders to pledge their tokens in exchange for additional Degen Seeds, which they can use to further their investment in the project. It was launched immediately after the Degen Seed airdrop on September 14th, 2021.
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