YouTuber Dr Disrespect, Launched His Own NFTs On Polygon

Famous Youtuber Dr Disrespect launched his own NFTs on Polygon after being kicked out of Twitch, the popular streaming platform. Now, he will be releasing 10,000 Founders Access NFTs for early community members so let’s read more today in our latest cryptocurrency news.

YouTuber Dr Disrespect’s NFT announcement came after the creator tweeted that he resolved his legal dispute with Twitch and said he will be moving on after being banned from the platform in the summer of 2020. He didn’t say whether he remains banned or not. NFTs are the unique tokens that exist on the blockchain such as Ethereum and prove the holders’ ownership over the digital or a physical asset. In gaming, the NFTs can indicate ownership of in-game assets like weapons and clothes for the avatars.

Dr Disrespect’s gaming NFTs exist on the Polygon blockchain that will cost $50 each. According to Midnight Society’s website, the Founders Passes won’t give the gamers winning perks but holders will get early access to game builds and a profile picture usable in the games, studio events access as well as voting rights on the game features.

Midnight Society co-founder Robert Bowling came from Infinity Ward which is the maker of “Call of Duty” and sees NFTs as a huge part of the gaming ecosystem. Bowling said:

“We’re utilizing blockchain for the Access Passes specifically because we envision these being a cross-platform membership that will cover not just our first game (codename: Project Moon) but also any games we publish in the future (whether developed by us or not). This technology allowed us to build something that can be leveraged by us but not need to be controlled by us, and instead can be grown and expanded on by the community.”

As recently reported, Binance, as the world’s biggest crypto exchange by trading volume, said it will halt deposits and withdrawals temporarily for Polygon’s Network. The announcement came after the Polygon outage with the exchange noting that it will reopen the deposit and withdrawals features once the network is stable. The network is a layer-2 ETH Scaling solution whcih boasts millions of users and has an evolving ecosystem. The network underwent an upgrade on its three layers but due to a suspected bug, the layers didn’t reach the consensus post the upgrade which led to a downtime.