The CyberKongz don’t get the mainstream media headlines, but they’re one of the most solid NFT projects out there. Even more. Their community is active, supportive and actively involved. They continue to innovate and work while others rest. Everyone respects CyberKongz in the NFT universe. They are not known outside, and they have never been mentioned in real life. This could prove to be the winning combination.
You can find more information here Their website, they describe themselves as “CyberKongz are unique and randomly generated 2D/3D NFT Social Avatars for your online experiences.” On March 3rd, 2021, the CyberKongz hit Ethereum and Opensea without much fanfare. Myoo created the original project, which consisted of 1,000 randomly generated NFTs. There were only 989 NFTs available for the public. One became the collection’s official mascot and the 10 deemed “Legendary CyberKongz” were auctioned off.
Since the Genesis drop consisted of 34×34 pixel images, they quickly became the profile picture of choice for its not-so-many holders. At that time, PFP collections weren’t a thing. The space has changed dramatically since the CyberKongz revolutionized it. A few unexpected surprises were included in the migration of the collection to a new smart-contract on April 17.
A utility token was created by the team, $BANANA. The original CyberKongz Genesis produced 10 tokens per day. This was at one time a small salary. But, it has since grown to be a substantial income. Price of a $BANANA tokenSince the bear market’s arrival, it took a significant hit. The $BANANA token is used in real-world applications throughout CyberKongz. To create a Baby Kong, it costs 600 $BANANA.
Different types of CyberKongz
CyberKongz has three different types. The Genesis collection was already discussed. Every day, these NFTs can yield $10 billion every year for 10 years. Holders can modify their NFTs, give them a name and include a biography by simply burning $BANANA. This type of innovation is what we talked about in the introduction. Sure, $BANANA can be a great way to reward investors who have invested in this project. But it is not the only option.
You can have two Genesis CyberKongz. For the modest price of 600 $BANANA they can create one of the 4000 randomly generated Baby Kongz. An entirely new NFT. It’s worth noting that the Baby Kongz don’t inherit the rarity traits of the Genesis CyberKongz, so everyone has the same chance of receiving a rare NFT after breeding.
CyberKongz X are 3D Voxel monkeys, ready to be used in the metaverse. This time there are many more, CyberKongz VX consists of 15000 “voxel-based avatars built to be used in online metaverse environments such as The Sandbox.” Holders can download their 3D assets in the .OBJ, advanced .FBX, .VOX, and .GLTF file formats. You can use their assets in merchandising and to create your own artworks.
Source: ETH/USD on TradingView.com| Source: ETH/USD on TradingView.com
Some quick cool facts about The Kongz
- The 10 “Legendary CyberKongz auction was a roaring success. Over 200 ETH was sold in the NFT auction.
- The project’s charity contributions are unmatched. The Cool Earth and Orangutan Outreach organisations received 60% of proceeds from the initial mint. After the CyberKongz VX, 10% went to Virunga National Park and COTAP.org.
- CyberKongz VX is “the first-ever randomly generated NFT collection created using VoxEdit,” theThe Sandbox offers a 3D Voxel creator tool.
- Inside The Sandbox, the CyberKongz won the auction for “The Shrine Of Thuth” and renamed the building “The Shrine Of Kongz.” Then, they bought a 12×12 estate and announced they were building Neo Kongz City there. After that, they bought a 24×24 estate and announced the construction of Kongz Island.
- Besides that, the Kongz own propriety in Axie Infinity’s Land of ‘Lunacia’, several plots of Ember Sword land, a Penthouse in Worldwide Webb, and will build a realm in the Gridcraft Network.
Conclusion
For this project’s survival, it was crucial to maintain the original supply of just 1000 CyberKongz Generations. They found a way to increase it without devaluating the original drop, created a utility token that’s actually used, and invested their funds in the collection’s future: the metaverse. This is all supported by CyberKongz’s hottest Discord, where they can obtain the best alpha about the entire NFT scene. Or so we’ve heard.
Featured Image: CyberKongz 3d voxel in The Shrine Of KongzCharts created by TradingView | Charts by TradingView