Erik Weijers, a year ago
On April 16th, the Moonbird collection was launched. The pixelated owls could be minted for 2.5 ETH. A few hours later they went over the counter for over 20 ETH. It seems that the project has staying power, just like the punks and the apes.
It was the most successful launch of an NFT project of the year. In two days, 280 million in sales were made. In 24 hours, more volume was traded than the Apes in the past month combined (The Bored Apes are the most expensive and most traded NFT collection today).
The Moonbirds, like the CryptoPunks and the Bored Apes, have several more or less rare features (hats, crowns, colour, etc), which partly determine their value. Buyers of a Moonbird receive the intellectual property of their owl and may thus do anything with it: build a company around it, for example.
Moonbirds fall into the category of Profile Picture NFTs. But much more is possible with them. Owning them is tantamount to being a member of a club. Over time, this provides Moonbirds buyers with all sorts of benefits, both in the real world and in the Metaverse being built around the project. Think access to a Discord group of your own. Creator Kevin Rose, Web3 Venture Capitalist, also envisions an application in which membership is linked to the real world and provides benefits there.
To build a sense of community and prevent buyers from "flipping" their Moonbird right away, nesting has been introduced. You could call it a form of staking for NFTs. In the course of months, your owl builds its nest and for that you, the owner, are rewarded with future airdrops. Nesting is not live yet but coming soon.
The Moonbird mint comes from the Proof collective. That's a club of 1,000 art collectors. The club's membership card? Of course, an NFT. From the beginning, Proof has placed less emphasis on making a profit on NFTs and more on the long-term view. Hodling art, so to speak. You could see the launch of Moonbirds as an expansion of the membership circle.
The already mentioned Kevin Rose was also the founder of Digg, one of the first social news sites, in 2004. He talks about how much easier it is to be profitable as a company and as a community because of NFTs. It is a new revenue model that makes advertising unnecessary: "We had 38 million users at Digg and were still not profitable. We were living in an ad world, which led to bad business decisions. Now we're in a beautiful new world where we don't have to sell our users anymore. We make revenue from royalties."
May 04, 2023
Solana turned some heads when it presented Saga, the first dedicated Web3 smartphone. It looks like the Solana Foundation is pushing for more than just equipping the community with a new smartphone. Non-fungible tokens are still at the forefront of the Web3 revolution that is not only taking place in crypto. Real-world items and industries could also benefit from the new technology and we have seen a couple of successful projects in the past.
May 04, 2023
Leading NFT marketplace Blur will allow NFT buyers to make a down payment on NFT’s they want to buy. They can then pay off the remaining balance with monthly installments, as if it were a home or a car. It’s just one of the features of Blur to make the NFT market more liquid.
Apr 21, 2023
Solana NFTs were the hottest thing during the bull market in 2021. This situation has changed since the overall NFT market cooled down. Solana’s NFT market also lost traction and many NFT projects dropped in value or simply vanished. However, some collections became so iconic that they defied the bear market and are still valuable collections. One of these collections is the Solana Monkey Business and the project underwent important changes yesterday.
Apr 19, 2023
He is not a fan of Bitcoin and is a strong proponent of the US Dollar. Donald Trump is one of the most controversial figures of our time. While he awaits trial on criminal charges in New York, Donald Trump is busy dropping hotter and more controversial NFTs. His supporters are once again hyped but the question remains if those NFTs will retain value. Should Trump lose in court or fail to run for president again, the value of both collections could be affected.
Sign up to stay informed via our email updates