Web3 banking platform Juno has announced Juno Drops, a one-of-a-kind NFT auction and banking application for crypto enthusiasts.
Inside the collection, besides other valuable digital assets, Juno offers one MAYC (Mutant Ape Yacht Club) NFT worth 17 ETH and 3 Otherside non-fungible tokens. Yuga Labs is the developer of the MAYC collection, the latter being an incredibly popular NFT set, having a total trading volume of 470k ETH. Otherside is a different metaverse that allows users to leverage Otherdeed NFTs to design playable characters, obtain access to other experiences inside the Otherside metaverse, and become a part of the online game ecosystem.
The auction results for the Otherdeed NFTs and the MAYC are available for anyone to see. However, to place a bid, app users must have a JCOIN (rewards token). JCOIN is an ERC-20 token coming from Juno’s loyalty program. While it is similar to the American Express community-centric programme, Juno’s initiative is performed on the blockchain. Users can obtain JCOIN provided they have a Juno checking account and they take part in various important tasks, like making acquisitions with their Juno-issued card or inviting their peers to join the platform.
The company managed to pile together over 50 ETH-worth of public treasury represented by top-notch NFTs, all of them being selected due to their lifetime performance, cultural impact, and innovation degree for Web3 fans. So far, Juno’s collection showcases brands such as 9GAG (Memeland), Azuki, MAYC, Adidas Originals, Kingz, Kaiju, and others.