# MGM Diamond NFTs

MGM Diamond NFTs is a collection of NFTs related to our [Mood Gem Market](https://docs.undergroundmoods.com/what-is-underground-moods/features/mood-gem-market) feature in the newsletter. Each time someone purchase a gem from the market, a MGM Diamond NFT is being minted. Purchaser of the gem is the receiver of the NFT. 

The MGM Diamond NFTs represents the value of spreading music to the world which is a win win situation for both the artist who made the music, and the listener that discovered the music. 

The intention with this collection is to keep a register on the blockchain of how many diamonds we can spread out to the world through our newsletter. 

* For every gem sold, a [**MGM Diamond NFT**](https://docs.undergroundmoods.com/nft-utilities/mgm-diamond-nfts) is minted
* Purchaser of the gem receives the NFT
* If NFT is not redeemed in time, it will be redeemable for users in our community through [UGM Faucet](https://docs.undergroundmoods.com/what-is-underground-moods/features/underground-moods-arts-club/ugm-faucet)

### Utilities

* Key component for advancing to [The Holistic Vault](https://docs.undergroundmoods.com/what-is-underground-moods/features/the-holistic-vault)
* Can be combined with [Underground Moods release NFTs](https://docs.undergroundmoods.com/nft-utilities/underground-moods-releases) in a breeding system (coming soon)