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Wednesday, October 5, 2022
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    HomeEthereumBlue Chip NFTs 101: CyberKongz Together Strong!

    Blue Chip NFTs 101: CyberKongz Together Strong!

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    The CyberKongz don’t get the mainstream media headlines, however they’re one of the crucial strong NFT tasks on the market. If not probably the most. They’ve an lively and closely concerned group behind them, and so they maintain working and innovating whereas the others sleep. Within the NFT world, everybody respects the CyberKongz. Outdoors, in the actual world, no one has heard of them. And that is likely to be the successful mixture.

    On their website, they describe themselves as “CyberKongz are distinctive and randomly generated 2D/3D NFT Social Avatars in your on-line experiences.” On March third, 2021, the CyberKongz hit Ethereum and Opensea with out a lot fanfare. The brainchild of artist Myoo, the undertaking initially consisted of 1000 randomly generated NFTs. Solely 989 had been accessible to the general public. One grew to become the gathering’s official mascot and the ten deemed “Legendary CyberKongz” had been auctioned off.

    Because the Genesis drop consisted of 34×34 pixel photographs, they rapidly grew to become the profile image of alternative for its not-so-many holders. At the moment, PFP collections weren’t a factor. Because the CyberKongz and others revolutionized the area, they’re. On April seventeenth, the gathering migrated to a brand new sensible contract that contained a couple of surprises. 

    The group created a utility token, $BANANA, and the unique CyberKongz Genesis yielded 10 tokens a day. At one time limit, this was a modest wage, however the $BANANA token price took a heavy hit because the bear market arrived. In any case, the $BANANA token has precise use circumstances all through the CyberKongz ecosystem. For instance, to create a Child Kong prices 600 $BANANA.

    CyberKongz, 3D voxels in motion

    Varieties Of CyberKongz

    To this point, there are three kinds of CyberKongz. We already described the Genesis assortment. Every of those 1000 NFTs will yield 10 $BANANA on daily basis for the subsequent 10 years. By burning $BANANA, holders can alter their NFTs and provides them a reputation or embody a biography. That is the kind of innovation we had been speaking about within the intro. Certainly $BANANA is a pleasant solution to reward the primary traders within the undertaking, however not the one one. 

    Two Genesis CyberKongz can breed. For the modest value of  600 $BANANA they’ll create one of many 4000 randomly generated Child Kongz. A very new and completely different NFT. It’s value noting that the Child Kongz don’t inherit the rarity traits of the Genesis CyberKongz, so everybody has the identical likelihood of receiving a uncommon NFT after breeding. 

    The CyberKongz VX are 3D Voxel monkeys which can be prepared for the metaverse. This time there are numerous extra, CyberKongz VX consists of 15000 “voxel-based avatars constructed for use in on-line metaverse environments comparable to The Sandbox.” Holders can obtain their 3D belongings within the .OBJ, superior .FBX, .VOX, and .GLTF file codecs. They’re licensed to make use of them in merch and create their very own by-product artworks with them.

    ETHUSD price chart for 08/23/2022 - TradingView

    ETH value chart on Bitfinex | Supply: ETH/USD on TradingView.com

    Fast Cool Info About The Kongz

    • The ten “Legendary CyberKongz public sale was a roaring success. The NFTs went for an aggregated quantity of over 200 ETH.
    •  The undertaking’s charity contributions are unmatched. After the unique mint, 60% of the proceeds went to the Cool Earth and Orangutan Outreach organizations. After the CyberKongz VX, 10% went to  Virunga Nationwide Park and COTAP.org.
    • CyberKongz VX is “the first-ever randomly generated NFT assortment created utilizing VoxEdit,” the 3D Voxel creation tool by The Sandbox.
    • Inside The Sandbox, the CyberKongz received the public sale for “The Shrine Of Thuth” and renamed the constructing “The Shrine Of Kongz.” Then, they purchased a 12×12 property and introduced they had been constructing Neo Kongz Metropolis there. After that, they purchased a 24×24 property and introduced the development of Kongz Island.
    • Apart from that, the Kongz personal propriety in Axie Infinity’s Land of ‘Lunacia’, a number of plots of Ember Sword land, a Penthouse in Worldwide Webb, and can construct a realm within the Gridcraft Community.

    Conclusion

    Sustaining the preliminary provide of solely 1000 CyberKongz Genesis was important for this undertaking to outlive. They discovered a solution to improve it with out devaluating the unique drop, created a utility token that’s really used, and invested their funds within the assortment’s future: the metaverse. All of this underpinned by the most popular Discord within the sport, one the place CyberKongz holders can get probably the most exact alpha accessible concerning the NFT scene as an entire. Or so we’ve heard.

    Featured Picture: CyberKongz 3d voxel in The Shrine Of Kongz | Charts by TradingView



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