Degenerate Trash Pandas (DTP) is the second NFT collection of the Degeniverse, comprising 20,000 mischievous-looking raccoons living in trash bins. They don’t have a leader and follow no rules, but there’s one thing worth noting: “their trash is their treasure.”
DTPs can never go out of style, as they are resourceful in finding clothes and accessories to wear. They can innovate a fish bowl into a space helmet, reuse broken swimming goggles, turn urns into hats, and do all sorts of bizarre stuff.
Each DTP is unique, but their traits fall under different rarity levels: common, uncommon, rare, super rare, and mythic. For example, a Tweed Suit is super rare, while the Admiral costume is mythic. All these can affect their overall ranking (and potentially, market value).
Additionally, the degen Pandas may have an unusual concept of loving trash, but it paved the way for them to contribute to solving environment-related issues.
If you’re curious enough to become a part of the DTP community, minting is still available. The team airdropped half of the total supply in November 2021, while the rest were sold on the market via the FLP protocol. You can check more of its details on their official Discord server.
Lastly, DTP was preceded by the Degenerate Ape Academy collection, which launched three months prior.
Boots
The Degenerate Trash Panda team is full of innovative ideas, one of which involves upgrading NFTs through equipping or removing traits and moving them to your wallet; it’s all possible with the Boots service.
Boots enables your Trash Pandas to do various outfits that suit your style. You can try matching traits from fur to mouth; it’s all up to you. Here’s an example of the trait you can collect:
You can catch some of these traits through airdrops, participating in gaming activities, or buying them on a marketplace.
The Raindrops Protocol
The Degenerate Trash Pandas has brought fresh ideas to the NFT and gaming communities to boost engagements and bring new experiences through the Raindrops protocol. It contains five smart contracts working differently according to their functions: item, player, match, namespace, and staking.
DTP already showed how the item smart contract works in one of its mini-games, which involves the heart trait. The number of hearts determined how long the owners held their Pandas in their wallet; the lesser hearts received better rewards as a thank-you for loyalty.
Although the Heart game is only a time-limited event, DTP holders can still see the trait. Its number also corresponds to a rarity level.
Furthermore, Boots is one of the services under the Raindrop protocol powered by the player smart contract. It allows the DTP community to easily add, remove, or swap NFT traits collected from gaming activities or online purchases.
Imperium of RAIN DAO
Degenerate Trash Panda holders belong to the Imperium of RAIN, a Realms SPL-governance DAO. Each community member has different voting powers depending on the number of Pandas they own; one NFT is equivalent to one vote.
The Imperium of RAIN DAO controls 51% of the total $RAIN supply, giving it the power to decide the projects it will support. Members can also submit proposals if they hold a minimum of five DTPs. From here, we’ll see how DTP leads the evolution of decentralized gaming.
Trash with Frens
Degen Trash Pandas are always up on the game, as long as their dirty paws can reach their most loved treasures—the collectible trash NFTs. Even the Degen Ape community can play Trash with Frens.
Each game differs in concept and rules, which makes the game even more exciting. However, they are limited-time events, which the team usually announces on their active social media pages.
Degenerate Trash Panda and Its Impact on Degeniverse
It’s common for Degeniverse projects to participate in contributing valuable solutions in the NFT space; the same is true with Degen Trash Panda. The team launched DTP using the Fair Launch Protocol (FLP), which prevented bots from minting while allowing the community to decide the price.
Minting DTPs is a gated process requiring participants to pay a fee and pass through three phases. They had to bid prices that served as the basis for getting the median (used to determine the NFT cost). If a bid is lower than the median, they can adjust it. Others who bid higher were able to withdraw.
Participants who matched the median were included in the lottery, and those who won got an FLP token, which they exchanged for DTPs.
The participation fee and the process complexity made it hard for bots to join the event. Its concept also made it clear that bidding higher won’t increase one’s chance of getting into the lottery, which paved the way for forming the bidsmol movement.
The launching of DTP using FLP allowed more participants to join in and experience being a part of Degeniverse, making the project widely accessible at an affordable price.
The Degenerate Trash Panda Team
The Degenerate Trash Panda team comprises experienced industry developers working collaboratively to bring solid and new experiences to the community. It has five core members: Pit the Panda and Viper, the Co-Lead Developers; Monoliff, the Artist; Monterrey Rice, the Chief Operating Officer; and Long, the Developer.
Fun Fact: Long is also the CEO of Raindrop Studios, and he’s working with some of the DTP and DAA teams in building the Raindrops Protocol.
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