Coinbetter Labs: the Next NFT New Blue Chip is Moonbirds

The popular NFT project Moonbirds in the crypto market has aroused strong market attention, and foreign NFT players are even more insane. Its official Twitter Moonbirds has nearly 120,000 followers within a month of applying, which is enough to see the popularity of the project in the community.

As Coinbetter Labs understands, the Moonbirds project is a collection of 10,000 utility-enabled PFPs with a rich, diverse and unique pool of rare properties. The total number of Moonbirds is 10,000, of which the PROOF official will keep 125 for future cooperation and marketing; 2,000 will only be allocated to the holders of PROOF Collective, and each person will have the right to cast two for free; the remaining 7875 It will be distributed to 7875 licensed addresses through the Pre-mint platform in the form of a raffle, each address can only mint one, and if there is no sale, the raffle will continue.

Up to now, Pre-mint has launched the relevant lottery interface. The requirements for participating in the lottery are not only to authenticate Twitter and Discord, but also to have at least 2.5 ETH in the wallet. As for the price, Moonbirds originally planned to hold a Dutch auction at a price of 2.5 ETH on April 16th (the price was down), but on April 12th, the plan was adjusted to the previous lottery mode, and the price was fixed at 2.5 ETH. Addresses can be minted on April 16th between 9:00am – 12:00pm PT.

Moonbirds NFT Features

1. Moonbirds holders will be able to obtain the first access qualification of PROOF’s upcoming metaverse project- Project Highrise;

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

3. Moonbirds “Nesting” type Staking, after staking, airdrops will be issued irregularly in the later stage, and the longer the staking time, the higher the reward.

Coinbetter Labs: Moonbirds’ “Nesting” state is actually a disguised form of Staking

Coinbetter Labs believes that when holders can put their Moonbirds into a “Nesting” state, it is actually equivalent to a staking mechanism that allows NFTs to enter “locked” without leaving the holder’s wallet (not fully locked) state. After entering the nesting state, Moonbirds will start to automatically accumulate additional income. In addition, the shape of the NFT itself will change accordingly over time.

So far, PROOF officials have not announced the specific rules of nesting rewards, you can continue to pay attention to it. In particular, after the user enters the locked state of nesting, Moonbirds NFT will not be able to normally trade through secondary markets such as OpenSea (it will be prompted when the buyer places 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 Moonbirds is the focus of the current NFT market?

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

As the first coin issuance project in the NFT market, BAYC has an obvious sensational effect. Especially in the front-end Azuki, due to the soaring price of coins and airdrops, the popularity of the NFT market has gradually increased. However, except for the time being, there is no sign of it. In addition to the full-chain (ominchain) NFT, there are very few new projects that are bright enough recently.

In this context, Moonbirds, as the first pfp project launched by PROOF, everyone expects to have a dazzling performance after going online, which is the main reason why the project can get such high attention so long before it is released.

2. Relying on the strong resource background of the team

Moonbirds is a collection of bird-based NFTs launched by PROOF, a high-quality podcast focused on the NFT field founded by True Ventures partner Kevin Rose.

In previous episodes, PROOF has invited Beeple, GaryVee, John Crain (SuperRare CEO), Gabby Dizon (YGG co-founder), Alexis Ohanian (Reddit co-founder), Tyler Hobbs (Fidenza creator) and many more. The most well-known artists, practitioners and other big names in the NFT field discuss the most cutting-edge topics in the NFT field, and their content has considerable influence in the industry.

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

It can be seen that Kevin Rose has very strong industry resources in the field of modern finance, including cryptocurrency, decentralized finance, Web3, NFT and other dimensions. In terms of Moonbirds project empowerment, Kevin Rose has innate 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 NFTs is 1,000. The holders have access to PROOF private Discord, listen to the latest podcasts in advance, participate in offline activities, etc. special permissions. As of writing, the floor price of this permissioned NFT in OpenSea has risen to a sky-high price of 85 ETH, a 17-fold increase from the Dutch auction price of 5 ETH that year.

From the perspective of the holding addresses of PROOF Collective, most of the holders have also achieved a lot in the NFT field. The 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, from the perspective of the former’s secondary market performance, the giant whales clearly recognize the value of PROOF Collective.

The countdown to the lottery starts, just now Moonbirds officially tweeted that the new pfp is coming, bringing the emotions of NFT players to a climax, and looking forward to the highlight moment belonging to Moonbirds.

Coinbetter Labs warmly reminds: Although the popularity of the Moonbirds project is undoubtedly high, the official temporary change of the public sale mechanism also makes everyone feel uneasy. The top price of 2.5 ETH in the Netherlands has become a fixed price in an instant, which is really puzzling. The key is 2.5 ETH The price is not low, and high returns are accompanied by high risks. Remember not to be mindless, and do a good job of risk control before making investment decisions.

If you have any thoughts and questions about Moonbirds, please feel free to contact us. Coinbetter Market Brand Cooperation Email: media@coinbetter.com, looking forward to communicating with you.

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