Avatar NFT brings a sense of identity to virtual social

A virtual avatar sells for tens of millions of dollars, you may find it incredible, but high-priced auctions and on-chain avatar images are already common in the crypto art circle. Among them, the punk-style pixel avatar CryptoPunks #3100 was the highest auctioned in March this year. The price is 4200 ETH , which is about 75 million U.S. dollars based on the Ethereum price at the time; the cartoon fat penguin image Pudgy Penguins#5687 sold for 100 ETH last week, which is converted to 300,000 U.S. dollars at the current price of Ethereum.

What is the difference between the encrypted avatar image on the chain generated by the algorithm and the traditional image? The biggest difference between them is that each encrypted picture is a non-homogeneous token NFT, which has unique attributes, indivisible and duplicated. The information of each picture is marked on the blockchain, and it has clear ownership. , Can inquire, circulate and trade on the chain.

Coupled with the development of decentralized financial DeFi, the avatar NFT has easier ways to circulate on the chain, ownership transfer, and trading transactions. At the same time, the avatar NFT has a value link with real assets. You can exchange your avatar NFT for ETH, USDT, DAI and other valuable encrypted assets on the chain to realize it.

The number of these avatar NFTs is limited, and each is unique. Users who hold them can not only use their scarcity to conduct premium auctions and obtain revenue, but at the same time, the project sponsor will also give the avatar NFT holders some rights.

Simply put, the avatar NFT is becoming a symbol of status on the chain. With a certain NFT, you are equivalent to having a ticket to enter the project club. For example, you can enter the project’s Discord member channel, visit the private Telegram channel, or get the qualification to participate in private party activities on the chain. You can also change the avatar of your social accounts such as Twitter and Instagram to your NFT avatar. This identifies you as a member of a certain NFT community, interacting and socializing with fellow likes.

With the explosion of various image NFTs, more and more people outside the encryption circle have entered. For example, the Instagram profile picture of star Shawn Yue is Cryptopunks, and the Instagram profile picture of actor Xu Jinglei is Animetas NFT. Since August, image NFT projects have emerged one after another, and such projects are born every week on average. This issue of DeFi Honeycomb counts the representatives of image NFTs.

Avatar NFT originator CryptoPunks

  • Introduction

CryptoPunks is the earliest image type (JEPG) NFT project built on Ethereum. It was created in 2017 by Larva Lab, a mobile game development company.

CryptoPunks has issued a total of 10,000 NFTs, and each NFT represents a different “punk style” pixel avatar. The total number of CryptoPunks is fixed and no new NFT will be generated. In the early days of creation, users with Ethereum wallets can receive CryptoPunks avatars for free. Nowadays, users can only buy at secondary trading venues such as LarvaLabs and Opensen.

Avatar NFT brings a sense of identity to virtual social

CryptoPunks official website

  • Kind

CryptoPunks pixel avatar images are generated by algorithms and are mainly divided into four categories: pixel figures, aliens, zombies and apes. Among the 10,000 CryptoPunks avatars, there are 9 alien avatars, 24 ape-man avatars, 88 zombie series avatars, 3840 female avatars and 6,039 male avatars. All the avatars follow the punk style, and each has a unique style, such as the gender of men and women, whether they wear a hat, the style of the necklace is also different, the hairstyle is different, and the skin color is also different.

On the CryptoPunks website, each punk pixel avatar has its own information display, showing their attribute characteristics, ownership and sale status. Because CryptoPunks pixel avatar is the earliest encrypted art picture NFT, coupled with the encryption and scarcity brought by blockchain technology, it has the same collection value as an artwork.

The fewer the number of various types of avatars and the scarcer the types, the higher the price. Among the pixel avatars of the CryptoPunks series, the alien series are the least in number and scarce. Among them, the 3100 and 7804 in the alien series were sold at a price of 4200 ETH on March 11 this year. The transaction price is calculated according to the ETH price at that time. About 75.66 million US dollars. Today, these two avatars are still the holders of the highest transaction record. It is conceivable that the people who own them must also be ETH rich.

  • Data

According to the official website of CryptoPunks, the current floor price of each pixel avatar (the lowest price for reference) is 39.95 ETH, which is about 120,000 US dollars. The number of CryptoPunks transactions in the past 12 months was 12,025, and the total value of CryptoPunks sold was US$998 million.

Club Identity The Bored Ape Yacht Club

  • Introduction

     

The Bored Ape Yacht Club is abbreviated as BAYC. It is built on Ethereum. It is based on the theme of ape and issued an NFT avatar. It went on sale on April 23 this year.

BAYC has issued 10,000 Bored Ape avatar NFTs of monkeys, each of which is different. These monkey avatars are stored on Ethereum under the ERC-721 standard (NFT’s non-homogeneous tokens for the Ethereum contract standard), and are stored and hosted on the IPFS network. At the beginning of the release, the price of a monkey head was 0.08 ETH.

Avatar NFT brings a sense of identity to virtual social

TheBored Ape Yacht Club official website

  • Kind

Each Bored Ape monkey head NFT has unique characteristics. The team has shaped the different facial expressions, headdresses, clothing and other characteristics of the monkeys, and generated each characteristic head portrait on the chain.

The Bored Ape monkey head is a status symbol. When you buy Bored Ape NFT, you are not only buying a digital cultural and creative product, you can also get the qualification to enter the BAYC club. The Bored Ape NFT you own is your digital identity. Enjoy the benefits and products that the club has. At present, if you have a monkey head NFT in your wallet, you can visit the BAYC bathroom. This is like a base for storing secrets. It is actually a virtual creative space. You can paint or write on the bathroom wall to express your thoughts and emotions.

In the early stage of the project, the monkey head NFT was sold at the same price, that is, the floor price of each monkey was 0.08 ETH, and all users stood on the same starting line. Since the initial release period has passed, if you want to get a BoredApe avatar, you need to buy it on the secondary trading market Opensen.

  • Data

According to OpenSea , the floor price of Bored Ape NFT is currently 14.9 ETH, which is about US$40,000. According to data from Non Fungible, as of August 16, BAYC had a transaction value of US$17.99 million in the last 7 days. There were 611 Bored Ape avatar NFTs sold in the last 7 days. The transaction value since its establishment was US$183 million. The number of transactions is 15,501.

NFT Degenerate Ape Academy walks “fallen wind”

  • Introduction

The image of the ape seems to be loved by the encryption creation circle. The Degenerate Ape Academy project based on the Solana network has created an NFT avatar with the theme of “Degenerate Ape Academy”.

Avatar NFT brings a sense of identity to virtual social

DegenerateApe Academy official website

  • Kind

Degenerate Ape Academy has issued a total of 10,000 APE NFTs for apes. Each APE NFT is distinguished according to 7 characteristics such as skin, head, clothes, mouth, glasses, teeth and background. Some have a hamburger in their mouth, and some Stuffed with fried chicken, and some wearing cool sunglasses… The initial issue price of each APE NFT is 6 SOL . Users can register and purchase APE NFT on the Degenerate Ape Academy website through the wallet Sollet.io.

APE NFT is a representative of the status of entering the “Degenerate Ape Academy”. If you want to enter the Academy, you must have at least 1 APE NFT. After obtaining the status of the college, the user can enjoy the facilities, tools and benefits provided by the college.

At present, a “crayon corner” space is set up in the academy, and users with APE NFT can create creations there. The academy will invite artists as mentors to evaluate user works, and approved works will be exposed or even sold. In the future, the college will build more virtual spaces for students to learn, interact and communicate.

  • Data

According to Solarart, the price of APE NFT floor is 8 SOL. Based on the SOL price of 70 US dollars, it is about 560 US dollars. There are 3,517 units on sale. The current cumulative transaction value is 1426 600 SOL, which is about 8 million US dollars. There are 1,600 people owning it. APENFT.

Pudgy Penguins NFT takes the cute route

  • Introduction

The Pudgy Penguins project is built on Ethereum. It is a penguin-themed cartoon avatar NFT project, which was launched in August this year.

Avatar NFT brings a sense of identity to virtual social

PudgyPenguins official website

  • Kind

Pudgy Penguins released a total of 8888 cartoon fat penguin head portraits of various shapes, NFT, some penguins wearing hats or glasses, some wearing a T-shirt or a scarf.

Pudgy Penguins NFT is loved by many Twitter users because of its cute appearance. Among them, Reddit co-founder lexis Ohanian tweeted his Pudgy Penguins, and the New York Times reported on this incident.

Pudgy Penguins’ 8888 NFTs were sold out in less than a week. On August 14, a single-day transaction volume record was set. 15,667 ETH was used to purchase fat penguin NFTs. The transaction volume surpassed the 15453 ETH of the top-brand pixel avatar CryptoPunks. Among them, the fat penguin NFT numbered #5687, the last transaction price was 100 ETH, which was converted to 300,000 US dollars at the current price of Ethereum.

  • Data

According to data from the NFT trading platform OpenSea, the Pudgy Penguins NFT floor price is currently 1.25 ETH, and the transaction amount on the 7th is 12,832 ETH, which is about 38 million U.S. dollars. 4,200 people already have a fat penguin head NFT.

World of Women’s female identity NFT appears

  • Introduction

World of Women is also built on Ethereum, with female avatars as the theme, created by artist Yam. It is one of the first NFT projects of encrypted collectible avatars for women. These female avatars are generated according to the ERC-721 standard, stored on Ethereum, and hosted on IPFS.

Avatar NFT brings a sense of identity to virtual social

Worldof Women official website

  • Kind

World of Women abbreviated as WoW NFT, the skin color, hair style, clothing and facial expressions of these 10,000 randomly generated female heads are not identical. There are also some WoW NFTs with rare features, such as wearing earrings or necklaces. WoW NFT owners can enter the World of Women exclusive club, and clubs are also classified, including royalty clubs, investor clubs and curator clubs.

  • Royalty Club-When WoW NFT is sold for the second time on OpenSea, 50% of the royalty income will be distributed to members. This means that if your WoW NFT is eligible for a royalty club, then you can get a share of all WoW NFT secondary sales.
  • Investor Club-This club will distribute 50% of the profits generated by the WoW Fund to members. The WoW Fund is mainly used to develop and support NFT art and creators, allowing them to obtain income by reselling or renting NFT works, or organizing creative competitions and auctions to show more artists and NFT works to the world.
  • Curator’s Club-This club mainly focuses on buying encrypted artworks for the WoW Fund. Each club member can select a piece of work every month for WoW Fund to choose to purchase.

Through the establishment of various clubs, World of Women gives WoW NFT owners a more sense of participation and also gives him more derivative rights.

  • Data

According to OpenSea, the floor price of World of Women’s female avatar NFT is currently 0.85 ETH, which is approximately US$2,550, and the transaction amount on the 7th is 1137 ETH, which is approximately US$3.4 million. 3,400 people have WoW NFT.

AnimetasNFT focuses on the animation hobby circle

  • Introduction

Animetas is also an NFT project generated by Ethereum. It uses animation as the theme and configures virtual identities for each human and other species. With these virtual identities, users can live, work, and entertain in the virtual world Animetaverse.

Animetas was inspired by the popular culture of the 80s and 90s, and set up a virtual imagination-in the future, when the earth is no longer suitable for human habitation, how can life survive? The meta universe may be a kind of living space.

Avatar NFT brings a sense of identity to virtual social

Animeta official network

There are two episodes of the Animetas project being paid attention to. The NFT was launched on the night of the upgrade of Ethereum London. In a short period of time, the sale of the project caused the Ethereum Gas fee to soar, which once exceeded 1250GWei, causing serious network congestion. . Not long after the release, some community members discovered that the Instagram profile picture of the suspected actor Xu Jinglei replaced Animetas NFT. Soon there were people who ate melons went to “Archaeology”, and people saw a dozen of Animetas NFT displays on her Instagram homepage.

  • Kind

Animetas has issued 10,101 anime avatar NFTs. The initial issue price of each NFT is 0.08 ETH. The avatar styles include retro style and future style, reflecting the creator’s nostalgia for pop culture in the past and imagination of the future world.

Animetas anime avatar NFT is divided into different groups, there are humans, zombies, superheroes, aliens and so on. In addition, Animetas anime avatar NFT is also an identity in the Animetaverse space.

  • Data

According to OpenSea, the NFT floor price of Animetas animation characters is 0.37 ETH, which is equivalent to 1,100 US dollars. The transaction amount in the last 30 days is 7099 ETH, approximately 21.29 million US dollars, and 3,700 people have Animetas NFT.

 

Posted by:CoinYuppie,Reprinted with attribution to:https://coinyuppie.com/avatar-nft-brings-a-sense-of-identity-to-virtual-social/
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