What Is Cryptocurrency and What Are the Connections Between Cryptocurrency, NFT and Blockchain?

Farhad Hossain
2 min readMar 1, 2022

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Photo Credit Pexel

We all are aware of cryptocurrencies. A cryptocurrency is a digital currency (a currency existing over the internet). It is encrypted by cryptography — making it to counterfeit. What makes the existence of cryptocurrencies possible is something that we call ‘blockchain’. A blockchain, on the other hand, is a technology system that can be used to record transactions. Though it holds no monetary value, it deals majorly with recording the transactions of cryptocurrencies.

Cryptocurrencies are fungible tokens. Then, what are non-fungible tokens? Non-Fungible Tokens or NFTs are assets that exist on the blockchain but these are distinguished from each other. Therefore, they cannot be exchanged or traded at equivalency. Whereas, cryptocurrencies can be exchanged and traded over the virtual platform.

Crusty Demons is very delighted to inform its audience that we are launching our very own NFT collection.

The Crusty Demons NFT also serves as a membership token to the Crusty Demons Club, which offers a world of perks, privileges, and exclusive access.

The Crusty Demons Club NFT holders will have the following perks:

1. Being part of a like-minded VIP community, the Crusty Demons Club

2. Exclusive and LIFETIME FREE tickets to all major Crusty Demons live shows/events

3. VIP invitation to special events including casual and formal gala events where you can mingle with the athletes

4. Special events where you can chat with athletes in real-time via special video calls, social media platforms, and IRL gatherings

5. Access to Crusty Demons Club only merchandise

6. Opportunity to request personalization of certain merchandise

7. Photo opportunities with your favorite athlete

8. Opportunity to obtain personalized autographs of your favorite athlete/s

9. Behind the scenes video clips (BTS clips) into the lives of athletes include footage of what it takes to prepare for an athlete’s event.

10. Opportunity to visit athletes’ preparation pits and change rooms including up-close and personal inspection of the athletes’ equipment (based on access controls)

11. Be part of the community where you can make suggestions on future events, athlete meets, merchandise design, etc.

12. Priority access to further NFT drops including, as part of the community, making suggestions and providing ideas for new NFT drops

13. Early access to planned Crusty Demons games

14. Early access to planned Crusty Demons video releases

15. Boasting rights — must be the greatest!

Enjoy the guaranteed utility of the Crusty Demons Club and HODL!

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Farhad Hossain
Farhad Hossain

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