NewsBTC
No Result
View All Result
  • Cryptocurrency News
    • Bitcoin News (BTC)
    • Ethereum News (ETH)
    • Ripple News (XRP)
    • Shiba Inu News (SHIB)
    • Cardano News (ADA)
    • Dogecoin News (DOGE)
    • Solana News (SOL)
    • Litecoin News (LTC)
    • Avalanche News (AVAX)
    • Polygon News (MATIC)
  • Crypto Prices
    • Binance Coin (BNB) Price
    • Bitcoin (BTC) Price
    • Cardano (ADA) Price
    • Chainlink (LINK) Price
    • Dogecoin (DOGE) Price
    • Ethereum (ETH) Price
    • Litecoin (LTC) Price
    • Polkadot (DOT) Price
  • Crypto Resources & Directory
  • All Crypto
  • Play GamesTry
  • CasinosTry
Breaking News: LINK Price Climbs Following Chainlink's Deal With US Commerce Department, Eyes $30
  • Cryptocurrency News
    • Bitcoin News (BTC)
    • Ethereum News (ETH)
    • Ripple News (XRP)
    • Shiba Inu News (SHIB)
    • Cardano News (ADA)
    • Dogecoin News (DOGE)
    • Solana News (SOL)
    • Litecoin News (LTC)
    • Avalanche News (AVAX)
    • Polygon News (MATIC)
  • Crypto Prices
    • Binance Coin (BNB) Price
    • Bitcoin (BTC) Price
    • Cardano (ADA) Price
    • Chainlink (LINK) Price
    • Dogecoin (DOGE) Price
    • Ethereum (ETH) Price
    • Litecoin (LTC) Price
    • Polkadot (DOT) Price
  • Crypto Resources & Directory
  • All Crypto
  • Play GamesTry
  • CasinosTry
Bitcoin News
No Result
View All Result
Breaking News: LINK Price Climbs Following Chainlink's Deal With US Commerce Department, Eyes $30

Colors on Chain Announces Exciting Reward Game Based on NFT Colors

Mark Hampton
Mark Hampton
3 years ago
3 mins read
colors

Reason to trust

Strict editorial policy that focuses on accuracy, relevance, and impartiality
Created by industry experts and meticulously reviewed
The highest standards in reporting and publishing
How Our News is Made

Strict editorial policy that focuses on accuracy, relevance, and impartiality

Ad discliamer

Morbi pretium leo et nisl aliquam mollis. Quisque arcu lorem, ultricies quis pellentesque nec, ullamcorper eu odio.

For the purpose of staying decentralized, Colors On Chain was built without specifying any specific rarity or characteristics. It is a collection of 8,888 distinct yield-revealing NFT colors produced and kept on-chain in perpetuity (art included).

With the tokenId and position in a hex code string (length 6), a random number was chosen from a base 16 number basket to produce a Color hex code for each of the 8,888 colors.

It was featured in CoinMarketCap, Yahoo Finance and Times Square. It is one of a kind project and is considered quite unique bringing a colorful approach to NFT’s.

Colors On Chain was developed without specifying any defined rarity or characteristics to maintain its decentralized nature. One cannot determine what is and is not, valuable.

Each of the 8,888 colors was created randomly on-chain by hashing the token Id and the location in a hex code string(length 6) to choose a random number from a base 16 number basket, resulting in the full-Color hex code.

For many reasons, Colors On Chain has been dubbed “unique” and “the first project of its kind.”

  • Colors On Chain lacks a business, art, or staff, it is challenging to oversee creative choices.
  • It is an unedited, uncensored building block for tales, experiences, games, and practically anything else, with the only restriction being bound by your creativity
  • It is entirely decentralized and has pledged to seek complete decentralization from the start.

It has announced a great reward game for minting the games most difficult and unique color.

The objective of the game is to MINT the game’s most difficult color. The reward awarded will be 88.88 ETH.

The main sale mint will include 8,888 randomly created Genesis Colors written on-chain in perpetuity, with no IPFS or BS. It is sure that collections, including art, should be entirely on-chain, which is why all will be altogether on-chain.

After Genesis concludes, the “Painters” will airdrop one Perfect Red(#FF0000), One Perfect Green(#00FF00), or one Perfect Blue(#0000FF) to the top three Colors holders at the time of the snapshot. These will be necessary to collect the reward.

Color Theory’s additive color mixing is used in breeding to produce new “Baby Colors.” This will need the usage of 500 RGB tokens. Breeding has a tree-like structure, and some hues will need “proof of labour,” i.e., many additive breeding cycles. Let’s get this started! How to be the first to coin #FFFFFF?& how much will it cost to produce?

Each of the 8,888 Genesis Colors has a daily limit of 10 RGB tokens. These RGB tokens may be sold on dex or used to try to mint #FFFFFF first in the breeding game. One should keep in mind that one wins, they will get 88.88 ETH. Only after token #8888 is minted and the Genesis Stage is completed will it go live. Now comes the exciting part which is rewards.

The first person to breed #FFFFFF will get 88.88 ETH. The RGB values of each parental color are added and averaged during breeding. As a result, breeding to the most outstanding value (255) in each of the three color channels will be difficult. On top of that, a final boss has been added to the game: a rounding mistake is needed to reach 255. Only the most degen will take the risk.

One can become a member of the Colors Community by joining the Discord server. The community determines what kind of journey they should go on next. Integration of Colors DAO will soon take place so that everyone has a voice in what happens with the community vault wallet. Which charity is to be supported, who gets to vote on the price of a name change, and so on.

 

Tweet123Share196ShareSend
Mark Hampton
Mark Hampton

Mark Hampton

Disclaimer: The information found on NewsBTC is for educational purposes only. It does not represent the opinions of NewsBTC on whether to buy, sell or hold any investments and naturally investing carries risks. You are advised to conduct your own research before making any investment decisions. Use information provided on this website entirely at your own risk.

Related News

WhiteBIT

No templates, just growth: how WhiteBIT builds a culture of continuous development

In today’s job market, professionals are looking for more than just a paycheck—they seek purpose, growth, and an environment where...

News BTC 1 day ago

Toobit Launches Upgraded Speed Zone, Offering Exclusive Early Access to Premium Crypto Projects

Toobit, the award-winning global cryptocurrency exchange, today announces the official launch of its newly upgraded Speed Zone. Designed to give...

NewsBTC 2 days ago

$2M KOL Campaign Targets MEXC as Exchange Strengthens Risk Control and Compliance Measures

MEXC has come under the spotlight after TheWhiteWhale, a well-known crypto KOL, accused the exchange of freezing his account and...

News BTC 3 days ago
Load More

Reason to trust

Strict editorial policy that focuses on accuracy, relevance, and impartiality
Created by industry experts and meticulously reviewed
The highest standards in reporting and publishing
How Our News is Made

Strict editorial policy that focuses on accuracy, relevance, and impartiality

Ad discliamer

Morbi pretium leo et nisl aliquam mollis. Quisque arcu lorem, ultricies quis pellentesque nec, ullamcorper eu odio.

Related News

miner

5 Best Crypto Exchange in Indonesia for Trading and Investment

PR Desk 9 hours ago

Caladan Partners with Finery Markets to Bolster Global Liquidity Access Amid Record OTC Crypto Surge

NewsBTC 1 day ago
DeFi Traders

From “Don’t Be Afraid” to “Don’t Be Blind”: What the Fed’s Tone Shift Means for DeFi Traders

PR Desk 1 day ago

Premium Sponsors

Press Releases

  • XRP przebija kluczowy opór – Czy Token6900 będzie...

    2 hours ago
  • Prognoza ceny XRP: Eksperci porównują ją do wybuchowego potencjału wzrostu Token6900

    Prognoza ceny XRP: Eksperci porównują ją do wybuchowego...

    2 hours ago
  • miner

    7 Best Cloud Mining Sites of 2025: Secure Stable Returns...

    2 hours ago
  • XRP áttöri a kulcsfontosságú ellenállást – Lehet-e a Token6900 a következő, ami felrobban?

    XRP áttöri a kulcsfontosságú ellenállást – Lehet-e...

    4 hours ago
  • Cele mai bune meme coin ICO de cumpărat înainte de...

    4 hours ago

Newsletter

About Us

NewsBTC is a cryptocurrency news service that covers bitcoin news today, technical analysis & forecasts for bitcoin price and other altcoins. Here at NewsBTC, we are dedicated to enlightening everyone about bitcoin and other cryptocurrencies.

We cover BTC news related to bitcoin exchanges, bitcoin mining and price forecasts for various cryptocurrencies.

Disclaimer: The information found on NewsBTC is for educational purposes only. It does not represent the opinions of NewsBTC on whether to buy, sell or hold any investments and naturally investing carries risks. You are advised to conduct your own research before making any investment decisions. Use information provided on this website entirely at your own risk.

Company

  • About Us
  • Advertising
  • Contact Us
  • Privacy Center

Social

© 2025 NewsBTC. All Rights Reserved.

  • Cryptocurrency News
    • Bitcoin News (BTC)
    • Ethereum News (ETH)
    • Ripple News (XRP)
    • Shiba Inu News (SHIB)
    • Cardano News (ADA)
    • Dogecoin News (DOGE)
    • Solana News (SOL)
    • Litecoin News (LTC)
    • Avalanche News (AVAX)
    • Polygon News (MATIC)
  • Crypto Prices
    • Binance Coin (BNB) Price
    • Bitcoin (BTC) Price
    • Cardano (ADA) Price
    • Chainlink (LINK) Price
    • Dogecoin (DOGE) Price
    • Ethereum (ETH) Price
    • Litecoin (LTC) Price
    • Polkadot (DOT) Price
  • Crypto Resources & Directory
  • All Crypto
  • Play Games
  • Casinos
Advertise

© 2025 NewsBTC. All Rights Reserved.

This website uses cookies. By continuing to use this website you are giving consent to cookies being used. Visit our Privacy Center or Cookie Policy.