Last week, Andrey Sergeenkov outlined his technique for choosing the right NFT project to invest in. In our opinion, the new DeFi game by Potion Labs ticks all of the boxes:
- We like it
- It’s original
- It’s buzzing on social media
- The team are trustworthy
- The project is entirely on-chain
- There is a whitepaper
- There are 6 rarities
Conclusion: we’d certainly buy it!
The project in question is called Potion Unlock, a novel launch mechanism designed to release the Potion Protocol into the public domain. At the heart of all this lies 10,000 unique NFTs. This article will explain the symbolism behind these non-fungible tokens, as well as a little background on the groundbreaking achievement they’ve been designed to commemorate.
Let’s start with what these NFTs are going to unlock.
Each NFT contains a fragment of a VERY long encrypted password. When enough fragments are brought together by NFT holders, they will be able to unlock the entire code and documentation of the Potion Protocol, a new, powerful risk management layer in DeFi. Specifically, the protocol allows for the autonomous management of cryptocurrency investment risks based on Automatic Market Makers (AMM).
Read Potion Lab’s whitepaper for further information on the mathematics and blockchain architecture underpinning the protocol’s power.
NFT Symbolism
Here is an example of a Potion Unlock NFT:
