How the collection of NFTs released in April has already raised $ 525 million

  • One of the rare NFTs in the collection, the MoonBirds sign # 2642 sells for a record 350 ETH (Ether cryptocurrency), equivalent to around $ 1 million.
  • The success of MoonBirds is undeniable and the collection has already become popular in the NFT market. But despite the first relevant numbers, the Bitcoin Market research team noticed the failure of the project.

New NFTs collection reheated trading in the sign market non-fungi. This is MoonBird, a series of 10,000 ‘digital owls’ in the most diverse styles.

Data from CryptoSlam, a platform that collects numbers, prices and purchases from this market, shows that the collection has already collected more than US $ 525 million since its launch on April 16 – enough to raise the collection to the “blue chip.” ”Sokoni NFTs.

On the MoonBirds side, anyone who buys one owl can join a diverse group of people, a program in which private communities can communicate verbally and in writing, from PROOF Collective, a team of entrepreneurs known for their success in online business and great prosperity- connected, which came from a PROOF podcast, directed by Kevin Rose.

In addition, owl keepers are guaranteed to get it metaversefrom MoonBirds, which is still under construction; as well as WEB3-related personal event tickets. And that is what made the gathering a success during the launch, explains Andrey Nousi, CFA and founder of Nousi Finance.

“One of the most important points behind the growth of the MoonBirds is that, before they formed the NFT, they thought about creating a community,” he says. As the Verification Collection brings together some of the biggest names in the NFT market, and investors from popular collections such as Apes Bored and CryptoPunks, the difference is the unique communication that NFT allows. “The owl itself does not matter, the important thing is that the owner of the owl will find this species”, points out Nousi.

But that’s not cheap. One of the rare NFTs in the collection, the MoonBirds # 2642 token sold for a record 350 ETH (ether cryptocurrency), equivalent to around $ 1 million.

Although…

The success of MoonBirds is undeniable and the collection has already become popular in the NFT market. But despite the relevant first numbers, the Bitcoin Market research team saw the failure of a project that could play against a millionaire owl.

The first relates to the Verification Team itself. Despite being a select and reputable group, the group has a history of selling the companies it creates. “They have a history of worrying about becoming entrepreneurial migrants, where they create and sell companies and repeat this cycle”, highlights Mercado Bitcoin. “We see this pattern repeating itself with Ryan Carson recently leaving the project to pursue his NFT treasure.”

Another factor to consider is the price at which the collection is assessed. Floor Price, the market name given to the cheapest NFT in the collection, indicates the minimum ETH that an investor would need to purchase a token. At MoonBirds, the Price of the Floor is already 25 ETH, a level “heavily contributed by the product that has been launched” in view of the Bitcoin Market.

“This is worrying as it means that these owners and buyers are already setting prices for future MoonsBirds products. If the delivery is not expected, the Price of the Floor must be affected,” the report said.

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