What is Octorand (OCTO)?
What Is Octorand (OCTO)? Octorand is an ecosystem made up of a collection of configurable NFTs known as Primes (1,000 Gen1 Primes and 8,000 Gen2 Primes) and the deflationary currency OCTO. Each Prime is an Algorand Standard Asset (ASA) that has 8 (Gen1) or 16 (Gen2) letter traits, stored on the Algorand Blockchain. In the initial application, these traits can be transformed to spell words and phrases to earn badges and score points in a gamified competition.
How does Octorand work?
The ecosystem features a growing number of dApps - the initial application “Octoword” will be joined by the second dApp “Octodraw” in Q4 2022 with more dApps to follow.