Moonbirds is on fire, the next new blue chip of NFT?

The popular NFT project Moonbirds in the encryption market has attracted strong attention from the market, and foreign NFT players are even more crazy. Its official Twitter, Moonbirds, has nearly 120,000 fans within one month of registration, which is enough to see how popular the project is in the community.

As Coinbetter Labs understands, the Moonbirds project is a collectible of 10,000 utility PFPs with a rich, diverse and unique pool of rare properties. The total number of Moonbirds is 10,000, of which PROOF officials will reserve 125 for future cooperation and marketing; 2,000 are only allocated to PROOF Collective holders, and each person is entitled to 2 for free; the remaining 7875 will be through the Pre-mint platform Distributed to 7875 authorized addresses in the form of a lottery, each address can only mint one, if there is no sale, the lottery will continue.

Up to now, Pre-mint has launched the relevant lottery interface. The requirement to participate in the sweepstakes is not only to be authenticated to Twitter and Discord, but also to have at least 2.5 ETH in the wallet. As for the price, Moonbirds originally planned to conduct a Dutch auction at 2.5 ETH on April 16 (the price dropped), but on April 12, the plan was adjusted to the previous lottery model, with the price fixed at 2.5 ETH. Addresses can be minted between 9:00am and 12:00pm PT on April 16th.

Moonbirds NFT Features

1. Moonbirds holders will receive the first access to PROOF's upcoming metaverse project - Project Highrise;

2. Moonbirds holders can unlock the membership of some private clubs, including entering PROOF's private Discord to participate in closed-door discussions, etc.;

3. Moonbirds "nesting" pledge. After the pledge, airdrops will be issued from time to time later. The longer the pledge time, the higher the reward.

Coinbetter Labs: Moonbirds' Nesting Status Is Actually a Disguised Staking

Coinbetter Labs believes that when holders can put their Moonbirds in a "nesting" state, it is actually equivalent to a pledge mechanism, allowing NFTs to enter without leaving the holder's wallet (not fully locked) state. "Locked" state. Once in a nesting state, Moonbirds will automatically start accumulating extra income. In addition, the shape of the NFT itself will change accordingly over time.

So far, PROOF officials have not announced the specific rules for nesting rewards, you can continue to pay attention. Especially after the user enters the nesting lock state, Moonbirds NFT will not be able to conduct normal transactions through secondary markets such as OpenSea (the buyer will be prompted when placing an order), but it can still be signed on the website provided by PROOF. The purpose of this setting is to prevent some common remote function call phishing methods.

Coinbetter Labs: Why is Moonbirds the focus of the current NFT market?

1. The cooling of the current NFT market is an opportunity

BAYC, as the first project to issue tokens in the NFT market, has an obvious sensational effect. Especially for Azuki, due to the surge in currency prices and airdrops, the popularity of the NFT market has gradually increased. But there have been very few new projects that are good enough recently.

In this context, Moonbirds is the first pfp project launched by PROOF. Everyone is looking forward to a brilliant performance after it goes online. This is the main reason why the project has received such high attention so long before its release.

2. Relying on the strong resource background of the team

Moonbirds is an NFT collectible launched by PROOF, a premium NFT-focused podcast founded by True Ventures partner Kevin Rose.

In previous episodes, PROOF has featured Beeple, GaryVee, John Crain (SuperRare CEO), Gabby Dizon (YGG Co-Founder), Alexis Ohanian (Reddit Co-Founder), Tyler Hobbs (Fidenza Founder) and others. The most well-known artists, practitioners and other big names in the NFT field jointly discussed the most cutting-edge topics in the NFT field, and their content has considerable influence in the industry.

Founder Kevin Rose is a partner at trueventures Silicon Valley Ventures, founder of the Proof project, founder of kevinrose DAO, founder of social news sites DIGG, ZERO and OAK. At the same time, he is the general partner of GOOGLE VENTURES. During this period, he invested in Ripple, BLUE BOTTLE, Medium, and NEXTDOOR, etc., and was also an angel investor in Twitter, Facebook, and Square.

It can be seen that Kevin Rose has very strong industry resources in the modern financial field, including cryptocurrency, decentralized finance, Web3, NFT and other dimensions. In terms of Moonbirds project empowerment, Kevin Rose has inherent advantages.

3. Based on successful NFT project operation experience

Coinbetter Labs research found that before Moonbirds, PROOF also issued another NFT collection, PROOF Collective. The total number of Moonbirds NFTs is 1,000. Holders have special privileges such as PROOF private Discord, listening to the latest podcasts in advance, and participating in offline activities.

Judging from the holding addresses of PROOF Collective, most holders have also gained a lot in the NFT field. 928 holding addresses have a total of 148 CryptoPunks, 817 BAYC, 499 Meebits, 5288 Art Blocks and 326 SuperRare 1:1 works. Although it cannot be simply determined that PROOF Collective has brought this wealth to these NFT giant whales, judging from the performance of the former secondary market, the giant whales clearly recognize the value of PROOF Collective.

Coinbetter Labs warm reminder: Although the popularity of the Moonbirds project is undoubtedly very high, the official temporary change of the public sale mechanism also makes everyone feel uneasy. The highest price of 2.5 ETH auctioned in the Netherlands instantly became a fixed price, which is really puzzling. The key is that the price of 2.5 ETH is not low, and high returns come with high risks. Remember not to be blind, and do a good job of risk control before making investment decisions.

Original: https://link.medium.com/uSwMPYpEvpb