{"id":21172,"date":"2023-08-14T23:04:46","date_gmt":"2023-08-14T23:04:46","guid":{"rendered":"https:\/\/nftandcrypto-news.com\/nft\/degods-debuts-season-3-introduces-art-downgrade-and-points-parlor\/"},"modified":"2023-08-14T23:04:48","modified_gmt":"2023-08-14T23:04:48","slug":"degods-debuts-season-3-introduces-art-downgrade-and-points-parlor","status":"publish","type":"post","link":"https:\/\/nftandcrypto-news.com\/nft\/degods-debuts-season-3-introduces-art-downgrade-and-points-parlor\/","title":{"rendered":"DeGods Debuts Season 3, Introduces “Art Downgrade” and Points Parlor"},"content":{"rendered":"
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DeGods, announced Season 3 of its collection on August 13, which includes an updated art \u201cdowngrade\u201d and new ad-based business model called Points Parlor.\u00a0<\/p>\n

Its parent company, [de]labs<\/a> described this new initiative as one that is set to \u201credefine the NFT space\u201d while infus[ing] it with a \u201cburst of color, excitement, and community engagement.\u201d<\/p>\n

Launched in 2021, DeGods is a deflationary 10K PFP collection of gods dressed in modern streetwear-meets-ancient-deity vibes, serving as one of the most popular NFT projects.<\/p>\n

Behind the \u201cArt Downgrade\u201d<\/h2>\n

After receiving backlash on its recent \u201cart upgrade,\u201d [de]labs introduced what appears to be a first-time utilization of an \u201cart downgrade.\u201d<\/p>\n

Drawing inspiration from 1960s pop art icons like Roy Lichtenstein and classic American comic book illustrators, the Art Downgrade adopts a simplified, nostalgic aesthetic that revitalizes the existing DeGods collection through non-dilutive artwork that is \u201cvibrant\u201d and a \u201csimpler art style,\u201d along with an overall IP expansion.<\/p>\n

Unique to this mechanism is that DeGods holders can now \u201copt into\u201d the Season 3 upgrade for 333 $DUST, its native token, per NFT. According to a press release shared with nft now, the fee structure will decrease over time to ensure widespread accessibility.\u00a0<\/p>\n

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\u201cWe\u2019re experimenting with some fresh art and exciting rewards. Get ready for something cool,\u201d said DeGods founder Rohun Vora, who also goes by the alias \u2018Frank DeGods.\u2019\u201d<\/p>\n<\/blockquote>\n

But for the PFP collection, Season 3 isn\u2019t just another NFT initiative, but something bigger that centers around [de]labs\u2019 focus on sustained, substantial growth, and an attempted shift away from the speculative hype that has significantly endangered and prevented widespread adoption of this technology.<\/p>\n

What is \u2018Points Parlor\u2019?<\/h2>\n

Earlier this month, DeGods introduced Points Parlor, a novel points system and new gamified business model that speaks to how users get rewarded from NFT projects.\u00a0<\/p>\n

Points Parlor is a dynamic platform that Dust Labs developed to foster community engagement, as well as enhance DeGods\u2019 brand visibility.\u00a0<\/p>\n

For DeGods, Points Parlor is more than just a gamified rewards platform, but a novel ad product that directly connects brands and DeGods holders.\u00a0<\/p>\n

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\u201c[de]labs believe that the real value of DeGods lies in its vibrant community, their engagement, and the attention they bring. The introduction of Points Parlor and the unique Art Downgrade is a testament to this ethos. [de]labs is committed to cultivating a community that is inclusive, engaged, and rewarded for their loyalty,\u201d the press release states.<\/p>\n<\/blockquote>\n

Players can use their loyalty points, which are earned through holding a DeGods NFT, to win rewards. According to the press release, the prize pool will comprise all of the $DUST fees collected from Season 3\u2019s art \u201cdowngrades\u201d and over $250,000 USD in brand-sponsored prizes.\u00a0<\/p>\n

When DeGods first teased these new projects between August 9 and 10, it announced that it would migrate its sister project, y00ts, from Polygon to Ethereum. <\/p>\n<\/p><\/div>\n