NFT trading isn’t for the faint of heart—especially when the collection’s mechanics could result in you losing your J-Peg as soon as you hit “buy!”
On Thursday, a new project called “Complex Death” launched, described by its creators as a “CoDe experiment” on ApeChain. The twist? Every NFT purchase comes with a 3-in-10 chance of being burned!
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“>100X mint on ApeChain today,” BAYC member and Coffee With Captain Morning Show host Chrsi Jourdan tweeted. “Complex Death minted out about 3 hours ago for .25 $ape & has ran up to 25 ape! Fun, novel mechanic on this one too! On any transfer/sale, there is a 30% chance NFT gets burned New kind of rush! went 1 for 3 on first mini sweep. 4 for 4 since.”
At the time of publication, over 2,000 Complex Death NFTs had been burned, and the floor price had skyrocketed to an impressive 36 $APE!
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