New York, NY – The NFT market seemingly came out of nowhere and quickly rose to power, surging to $25 billion in 2021. As the industry continues to grow in popularity, new players are joining the game. Enter The E.G.G. Collective, a community aiming to aid both new and experienced players in the NFT space with tools to safely invest their money.
What makes the E.G.G. Collective different? The NFT market is getting saturated with blue-chip derivatives and super-hyped projects with anonymous founders and little transparency. Just like during the dot-com boom, many of these projects will likely fail to deliver results, leaving investors and participants with worthless NFTs in their wallets. This unique collection is looking to put an end to this unfortunate phenomenon. There are many different unique utilities provided when being a holder of the E.G.G. Collective NFT including but not limited to the following;
? As a holder of the first gen NFT project, E.G.G. Collective, one gains access to various tools to assist in identifying both the good and the bad projects.
? They will be offered community access to a variety of tools, giving themself the capability to navigate to their website and type in an existing or upcoming project and see if the projects they are interested in have met the standards to be a DLC (Dummy Labs Certified) project. Additionally, they can see a “crypto credit score” , a score calculated using AI technology, tracing contracts/wallets to identify if they have been associated with scams/rugs. To put it simply, if they see a project they’re interested in and it is not DLCertified and the contract has a rating of let’s say 20, it’s probably a good bet not to invest their money into that project.
? All holders will also gain access to courses launched to assist them in learning about cyber/wallet security, what it means to do their own research, and identifying red flags with the goal of turning every holder into a safer and smarter investor in the NFT space.
Clayton Brown, the founder of E.G.G. Collective and Dummy Labs have put Large amounts of focus, time and energy into creating an innovative solution to putting an end to the scams/rug pulls that are becoming frequent in the NFT space. Clayton is a Blockchain enthusiast who is dedicated to creating a better environment in the NFT community. Having served 6 years in the United States Coast Guard, he has spent most of his adult life helping others and is now taking his impact into the blockchain.
Dummy Labs serves as the central database center between project creators and the public to build trust and evolve the space into a safe place to invest. When asked what inspires the business Clayton Brown said, “Safety is our number one priority. We look to assist in the evolution of the space, providing a new standard for both project creators and consumers.”
Dummy Labs LLC
Disclaimer: The views, suggestions, and opinions expressed here are the sole responsibility of the experts. No Herald Quest journalist was involved in the writing and production of this article.