One Of The First Solid PFP NFT Projects

What’s CyberKongz?

CyberKongz is a set of 1,000 NFTs that includes 34 × 34 pixel footage of unusual, distinctive, and randomly created apes. Simply 989 of the unique 1,000 NFTs have been offered on OpenSea, CyberKongz #810 was retained because the challenge’s mascot, and 10 CyberKongz Legendary have been offered two weeks later.

Regardless of the dearth of a pre-release promoting effort, the challenge drew plenty of curiosity from NFT followers, and CyberKongz avatars instantly grew to become standard on social media.

You’d be hard-pushed to seek out PFP tasks which have been round longer than this one, which was given to the general public on March third, 2021. A complete of 989 Genesis CyberKongz have been made out there for buy at a value of 0.01 ETH apiece. The idea quickly gathered traction within the following weeks. This resulted within the sale of 11 legendary Kongz for a complete of 200 ETH.

Every little thing modified for Kong holders on April seventeenth. The challenge switched to a brand new contract, which permits for the addition of all new utilities for holders. Holders now have the next new options:

All through time, CyberKongz has grown right into a community-focused initiative by which NFT engineers and neighborhood specialists commit their abilities to the event of neighborhood concepts. It advanced from a modest PFP challenge to a passive income-generating machine over time.

Afterward, the challenge created two additional NFT collections: 4,000 Child CyberKongz and 15,000 CyberKongz VX. The CyberKongz VX 3D assortment, along with efficiently growing the CyberKongz neighborhood, permits homeowners to make the most of their NFTs in a number of metaverses.

In relation to this universe, there are 4 key phrases to grasp:

• Genesis CyberKongz – The unique assortment of 2D avatars
• Child Kongz – Results of “breeding” two genesis CyberKongz
• CyberKongz VX – 3D Voxel-Based mostly avatars
• BANANA Token – Native token for CyberKongz homeowners

Traits

Every NFT within the assortment is made up of the next 4 properties:

• Genesis Trait has 62 differing kinds together with: Sq. Sun shades, Gold Glasses, Eye Patch, ….
• Legendary Trait has 10 differing kinds together with: Astronaut, Satan, Ghost,…
• Sort has just one sort, Genesis
• Birthday is a marker for the beginning of every NFT within the assortment and is randomly numbered between 1618607943 and 1631762429.

Key metrics

• NFT Assortment Title: CyberKongz
• Classification: PFPs
• Complete quantity of NFTs: 1,000 NFT
• Blockchain: Ethereum
• Variety of options: 4
• NFT contract: 0x57a204AA1042f6E66DD7730813f4024114d74f37

NFT Utility

The BANANA cryptocurrency, which is the CyberKongz utility token, was created by the workforce. All Genesis CyberKongz holders will get 10 BANANA tokens each day for the subsequent ten years as a thank-you for his or her early help of the challenge. These tokens could also be redeemed for money, used to breed Child CyberKongz, or burnt to present their particular qualities.

In addition to that, NFT holders could rename their NFTs by investing in some BANANA tokens. All holders may also get entry to a personal Discord channel for holders solely.

In each selection, the workforce clearly prioritizes the homeowners. Homeowners, for instance, have full NFT industrial rights to the 2D and 3D variations of their CyberKongz. Moreover, the subtle tokenomics within the ecosystem have been created with the intention of benefiting the homeowners in the long run. Customers may use NFT as their avatar on social networking websites or Metaverse providers like The Sandbox.

How a lot does CyberKongz generate?

Every Genesis Kong grows 10 BANANA every day and can proceed to take action for the subsequent 9-10 years. Once we initially checked out this assortment, that amounted to $480 in passive yield each day. On the present pricing of BANANA at $0.46, it’s extra within the space of $4.6 per day.

Though not insignificant, it represents an enormous lower from the earlier yr. BANANA is at present held by little about 500 wallets. Nonetheless, with further usefulness on the way in which, this can be a token to keep watch over.

BANANA could now be used to:

• Write your bio like 100 BANANA.
• 10 BANANA is a customized title.
• VX Kong title adjustments value 2 BANANA.

Play & Kollect

Other than Child and VX Kongz, Play & Kollect Jungle Journey is their second main deliverable for holders. Holders could take part within the Polygon Community with minimal to no fuel bills or concern about environmental results.

CyberKongz VX homeowners could kind crews of 1 to 5 individuals and ship them on missions to gather Kongium Ore. This ore (or ERC-1155 NFT) could also be redeemed for a portion of the season’s BANANA pool in addition to different particular incentives. Every season lasts 10 days, so there are many possibilities for everybody to gather their fair proportion of the goodies.

To start with, every crew has one free tour each day. Holders could purchase assets free of charge by consuming the gas rod they receive for his or her crew. After that, every additional useful resource assortment journey you ship your workforce will value 0.4 BANANA. Furthermore, the pool of extra BANANA that may accrue on account of holders sending their personnel on additional missions will probably be returned to the neighborhood. 50% will probably be added to the season’s prize pool, 10% to a neighborhood treasury, and 40% will probably be burnt.

Deflationary mechanisms, in addition to gamified usefulness, could restore BANANA to its former standing as a passive producing goldmine.

Roadmap

The workforce has already accomplished quite a few milestones on its plan. This covers growing metaverse playable variations, acquiring land in The Sandbox, establishing neighborhood governance, and making 3D printable obj information. There are additionally different ongoing initiatives, equivalent to Play and Kollect and Kongz Tank.

Jungle Journey, a blockchain sport by which holders could acquire completely different in-game incentives, is included within the Play and Kollect. Gamers will use their CyberKongz VX to gather Kongium and redeem rewards equivalent to BANANA and distinctive NFTs on this sport.

Kongz Tank, alternatively, is actually an NFT counterpart of the favored TV present Shark Tank. The workforce is all the time searching for new expertise to assist them create video games and interactive experiences utilizing the Play and Kollect applied sciences. All video games will probably be launched on the Polygon Community and may be partially off-chain.

The workforce additionally works along with organizations equivalent to The Sandbox, MetaKey, Uniqly, Solarbots, and International Webb. They’ve additionally simply employed UFC veteran Chuck Liddell.

CyberKongz has knowledgeable the neighborhood a few 4-tier roadmap as follows:

• Stage 1 (CyberKongz VX Launch): VX was launched in partnership with The Sandbox, and integration as a playable avatar into The Sandbox sport is at present in growth.
• Stage 2 (The Banana Store): Gamers may also have the ability to buy customized VX wearables to present their avatars further in-game adventures within the community-built Metaverse video games. .
• Stage 3 (Kongz Island): A jungle with a number of zones constructed into The Sandbox the place each CyberKongz and Sandbox purpose to create a gaming and social expertise associated to all CyberKongz NFTs in addition to Banana Tokens.
• Stage 4 (Kongz Extension): Proudly owning a number of grants any consumer entry to the clan.

The best way to purchase Sappy Seals NFTs?

You should buy these NFTs on marketplaces like OpenSea and LooksRare.

Staff

The workforce has not been fully doxxed, and quite a few workforce members stay anonymous. This challenge’s mad scientist and artist is Myoo. They’re now arduous at work, along with a workforce of builders and core members, to assemble the long run.

Group

CyberKongz has an enormous and diversified neighborhood on social networking networks. Furthermore, CyberKongz shaped a Kongz council of lively neighborhood members who would take the position of the neighborhood in challenge growth and orientation actions.

Do you have to personal Sappy Seal NFT?

When it comes all the way down to it, this debate is turning into extra fascinating. Contemporary initiatives are being launched every day. And there are undoubtedly some recent collections on this dialogue among the many initiatives which have been minting in latest months.

But, CyberKongz and different well-known initiatives give long-term stability. It has maintained its flooring worth throughout the bull and bear cycles since final yr.

The important thing qualification of a blue-chip assortment must be worth consistency, which CyberKongz unquestionably fulfills. Not solely was their flooring worth constant, however Genesis holders have been raking in BANANA for over a yr. Some diamond-hand bearers have earned a very good dwelling by clutching their CyberKong.

Prospects could make investments their Ethereum into this assortment with confidence. They don’t seem to be involved about their NFTs dropping half their worth in a single day. Holders don’t have any motive to even take a look at the ground worth. They earn a yr’s earnings passively and proceed to obtain worth from the builders.

CyberKongz is definitely a blue-chip assortment that will probably be round for a very long time, if not ceaselessly.

Conclusion

Over time, the widespread imaginative and prescient of advancing CyberKongz as a community-based initiative advanced. A number of the greatest builders and specialists within the NFT and De-Fi area could also be discovered within the group. Who contributed their abilities and energy to the event of the neighborhood’s concepts? The BANANA coin was produced rapidly, giving genesis CyberKongz the potential to earn 10 BANANA each day for the next ten years. Homeowners could give their CyberKongz attributes equivalent to a singular title and biography by burning a selected amount of BANANA, in addition to breed and incubating one in all 4,000 randomly created Child CyberKongz with varied qualities and rarities.

From then, CyberKongz VX was seen because the pure subsequent step. With so many individuals desperate to discover the metaverse, the NFT proẹct understood they wanted to convey the jungle to life and put the swing into motion.

DISCLAIMER: The data on this web site is supplied as common market commentary and doesn’t represent funding recommendation. We encourage you to do your individual analysis earlier than investing.