Lucky Crab Club, a new digital collectible, to be launched on Tezos blockchain. Lucky Crab Club is a crypto startup incubated by DGH Labs, a blockchain incubator powered by Draper Goren Holm.

The creators of Lucky Crab Club NFT today took to twitter to announce the upcoming launch. The crypto firm tweeted:

The most exciting #NFT collection of the year is coming to #Tezos soon; incubated by @DGHLabs.

Lucky Crab Club

NFT Is A Big Craze

Generative NFT projects like Dirtybird Flight Club are all the rage, and their values keep going up. One very popular digital collectible CryptoPunks recently booked $1 billion in lifetime sales according to crypto tracker CryptoSlam. As NFT speculation surges, everyone is trying to get a piece of it. Last month, payment giant Visa bought a ‘CryptoPunk’ for $150,000.

Earlier this year, Crossroad, An NFT digital artwork by the artist Beeple, created history by selling for a record price of $6.6 million on the secondary market.

Crossroad by Beeple

Read More: Top 100 Most Expensive NFTs Of All Time (July 2021)

What is Lucky Crab Club?

Lucky Crab Club is a collection of 10,000 unique, randomly generated crabs minted on Tezos blockchain. Lucky Crab Club is incubated by DGH Labs, a blockchain incubator powered by Draper Goren Holm.

Draper Goren Holm

Draper Goren Holm is a blockchain venture studio and fund created by investment heavyweights Tim Draper, Alon Goren, and Josef Holm with a focus on incubating and accelerating the best early-stage startups from around the world. 

Draper Goren Holm has some of the very promising NFT projects in its portfolio, such as Kalamint. Kalamint is a clean NFT marketplace built on the Tezos blockchain.

Other portfolio companies include Tezos Stable Technologies, Totle, Ownera, Innovesta, LunarCrush, Degens, Giftz, Vertalo, Coinsquad, CasperLabs, Element Zero and more.

DGH is highly optimistic on the potential of Tezos blockchain. Earlier this year, the Los Angeles-based blockchain venture studio and the fund announced its plans to incubate and accelerate more Tezos-based startups.

Read More: Draper Goren Holm to add more Tezos-based Startups to its Portfolio

Tezos Gets Wider Recognition as Adoption Grows

Tezos is witnessing massive growth in smart contracts-related transactions driven by fast growing ecosystem in 2021. According to data on Better Call Dev (BCD), Tezos crossed 5 million contract calls milestone this month.

Lucky Crab Club did not reveal other details about the project. AlexaBlockchain covered this story due to association of DGH with the project. AlexaBlockchain is collecting more details on the project. Please revisit this page for more details on the project.

Note: This is a developing story.


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What is Lucky Crab Club?

Lucky Crab Club is a collection of 10,000 unique, randomly generated crabs minted on Tezos blockchain. Lucky Crab Club NFT project is incubated by DGH Labs, a blockchain incubator powered by Draper Goren Holm.

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Ravi is Founder and Chief Content Officer of AlexaBlockchain. He writes about everything at the cross-section of blockchain, crypto, AI, markets, and the economy. Ravi can be reached at ravi@alexablockchain.com

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