Particle Network has announced its second-ever activation at The People’s Launchpad, showcasing its latest foray into the digital collectibles space with the introduction of the Capybara Crew NFT collection and ALLY badge of honor. According to their recent campaign, the NFT collection operates on the Ethereum Mainnet under the ERC-404 Token Standard, featuring a total supply of 6,000 Capybaras. The minting fixed dilutive value (FDV) is set at $1,000 with an FDV at launch reaching $100,000.
Campaign Timeline and Mechanics
The campaign's timeline details key dates such as February 23rd for the commencement of the activation and February 26th as the start date for eligible users to mint their Capybara. A notable event is scheduled for February 28th, where a special mechanic will offer an additional chance for users who missed out on the initial minting opportunity.
Uniswap Foundation's Protocol Upgrade Proposal
In related news, the Uniswap Foundation has put forth a proposal to upgrade its protocol. The proposed changes aim to amend the fee mechanism to benefit UNI token holders who have delegated and staked their tokens. Following this announcement, there has been a significant impact on the market, with the UNI price experiencing a surge of 50%. The full details of the proposal can be found on Uniswap's governance forum.
Market Response
The cryptocurrency community has reacted swiftly to these developments. Enthusiasts and investors are closely monitoring both Particle Network's NFT campaign and Uniswap's proposed governance changes. The latter has particularly caught attention in the market, reflecting in a substantial price increase for UNI tokens shortly after the proposal went public.
For more detailed information regarding Particle Network's launch and Uniswap's governance proposal, interested parties can visit their respective official websites and forums through provided links. However, it should be noted that JavaScript must be enabled in one's browser to access certain content.