DEGN has released a Solana-based NFT that can be redeemed for a physical coin device called the Airmoney DEGN Genesis Edition. The device functions as a DePIN hardware wallet, allowing users to trade and print their assets directly.
According to the description on NFT marketplace Magic Eden, there are 1,690 numbered Airmoney DEGN Genesis Edition devices available to NFT buyers. Marketed as a ‘physical money printer’, the Airmoney DEGN allows 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 linked to a Solana NFT,” DEGN wrote.
Degn Device mints 9AM EST tomorrow (January 2)
There is no lottery, FCFS
WL Munt open 2 hours
New price: 2.69 SOLAfter mint you can fill out the shipping form on our website (where you want the device shipped)
This is a physical device – NFTs are… pic.twitter.com/oTKTmM07Tk
— Degn.com (@AirmoneyDegn) January 1, 2025
On its official Whitelisted wallets will have early access for the first two hours after launch, with each buyer limited to five NFTs. However, the official release and global shipping dates for the product remain unclear.
Users interested in purchasing the device can redeem it through the NFTs. After minting, buyers can 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 approximately $560.
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DEGN claimed that the device is backed by leading crypto companies including ByBit, Berachain, Movement and Hyperliquid. Promotional images show the device with two buttons labeled ‘long’ and ‘short’, a screen showing trading activity for various tokens, and a side button.
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 is promising device holders an allocation of 69% of its future tokens.
“This is not just a hardware wallet; it is a physical manifestation of crypto culture, built for the trenches, designed for swords. Each device serves as your key to the future of decentralized physical infrastructure networks,” DEGN wrote.
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.
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