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DEGN launches NFTs linked to 1,690 new ‘physical money’ printers

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DEGN launches NFTs linked to 1,690 new ‘physical money’ printers

DEGN has released a Solana-based NFT that can be redeemed for a physical minting device called the Airmoney DEGN Genesis Edition. The device functions as a DePIN hardware wallet, allowing users to trade directly and print their wealth.

According to its description on NFT marketplace Magic Eden, there are 1,690 numbered Airmoney DEGN Genesis Edition devices available for NFT buyers. Marketed as a “physical money printer,” the Airmoney DEGN enables users to trade, earn, and print physical money directly from the device.

“The crypto world needed a physical money printer, so we built one. DEGN Genesis Edition introduces 1690 numbered devices – each uniquely paired with a Solana NFT,” wrote DEGN.

Degn Device mint 9AM EST tomorrow (January 2th)

There is no raffle, FCFS
WL Mint open for 2 hours
Mint Price: 2.69 SOL

After mint you will be able to fill out the shipping form on our website (where you want device shipped)

This is a physical device mint – NFT’s are… pic.twitter.com/oTKTmM07Tk

— Degn.com (@AirmoneyDegn) January 1, 2025

On its official X account, @AirmoneyDegn, the company announced that minting for the device will begin on Jan. 2 at 9:00 a.m. EST. Whitelisted wallets will have early access for the first two hours upon launch, with each buyer limited to five NFTs. However, the official release and worldwide shipping dates for the product remain unclear.

Users interested in purchasing the device can redeem it through the NFTs. After minting, buyers will be able to fill out a pre-order form on the official site. Based on the Solana (SOL) blockchain, the NFTs for the device cost 2.69 SOL or around $560.

You might also like: Samsung integrates blockchain for enhanced security in AI home devices

DEGN claimed the device is backed leading crypto firms including ByBit, Berachain, Movement, and Hyperliquid. Promotional images depict the device as featuring two buttons labeled “long” and “short,” a screen displaying trading activity for various tokens, and a side knob.

Additionally, DEGN stated that holders of the Genesis Edition device will receive “lifetime node rewards” and participate in what it calls “the largest token distribution in DePIN history.” Hinting at a future token launch, DEGN promises device holders a 69% allocation of its future tokens.

“This isn’t just another hardware wallet; it’s a physical manifestation of crypto culture, built for the trenches, engineered for degens. Each device serves as your key to the future of decentralized physical infrastructure networks,” wrote DEGN.

Each buyer will receive a uniquely numbered device that provides access to DEGN’s on-chain marketplace. Users can also run decentralized nodes directly through the device and earn rewards.

You might also like: Phantom unveils new camera NFT feature

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