CORE

ArcherSwap Sells Out NFT Collection in Minutes, Prepares Major Announcement for Users

by BSC News

March 24, 2023

chain

Kyudo Archer NFTs sold out under 15 minutes after minting went live on the ArcherSwap DEX.

Record NFT Sale on Core 

ArcherSwap recorded a huge milestone in the Core Non-Fungible Token (NFT) ecosystem. The top Decentralized Exchange (DEX) on the layer-1 blockchain sold out its native Kyudo Archer collection within minutes. 

Kyudo Archer's NFT collection was launched on March 23 at 12:00 UTC through the DEX mint page. According to ArcherSwap’s Twitter announcement, users minted the entire 10,000 collection within 14 minutes for 20 $CORE each. 

The DEX’s NFT collection comprises archers with over 500 traits to enhance the uniqueness and quality of each character. Of the 10,000 characters, 10% are female archers, while 90% are male archers. Most importantly, Kyudo Archers NFTs have three significant utilities: Staking, Holding, and Farming. 

Holders can stake Kyudo Archer NFTs to earn the protocol’s native $BOW token, hold them to earn airdrop tokens through the NFT DAO activities and utilize the NFTs to boost farming rewards through staking. Moving forward, Kyudo Archer NFTs will be listed on Miidas’ secondary marketplace for the public to trade. 

Following the successful NFT mint, ArcherSwap will release major announcements to the public shortly. The protocol has already revealed some updates for users regarding staking for Kyudo Archer holders. Users can learn more about the NFT collection through the ArcherSwap Medium publication

What is ArcherSwap: 

ArcherSwap is a unique DEX Automated Market Maker (AMM) on the Core chain. The protocol provides a DeFi ecosystem that allows users to trade and earn through NFT, GameFi, and projects utilizing its native BowPad launchpad. 

Where to find BowPad: 

Website | Twitter | Telegram | Discord  

What is Core DAO:

Core DAO is the official decentralized organization developing the Satoshi Plus ecosystem. It represents an opportunity for miners to access new revenue streams by contributing hash power to the chain. Inspired by the principles of both blockchains, Core displays a deep appreciation for the crypto ecosystem's history and an even greater excitement for Core’s role in its future.

Where to find Core DAO:

Website | Docs | Twitter | Discord

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