In the dynamic world of non-fungible tokens (NFTs), recent decisions by prominent platforms Blur and OpenSea to remove royalties have sparked a contentious debate. While these changes have brought cheers from traders, they’ve also raised concerns about the long-term health of the NFT ecosystem. The crux of the argument is this: the removal of royalties, while seemingly an opportunity for traders, has inadvertently set the NFT ecosystem back by removing an essential source of liquidity for projects.

The Trader’s Windfall

From the trader’s perspective, the decision to eliminate royalties was a windfall. The removal of the customary 5% fee, among others, meant that they could flip JPEGs for a profit more easily, thereby increasing the appeal of the NFT market. However, this short-term gain for traders may lead to long-term losses for the NFT market as a whole.

The Royalty Lifeline and Its Impact

Royalties have played a pivotal role in supporting and fostering the development of NFT projects. These fees provided a steady stream of income that helped to fund continued innovation and maintain liquidity within these projects. With their removal, many projects that had their business models built around these royalties now face an uncertain future.

 Case Study: The Elementals Drop

A prime example of these challenges is the recent Elementals drop by Azuki. Many collectors expressed shock at the high mint price of 2 ETH in the dutch auction, a cost that was exacerbated by the absence of royalties. This event underscored the paradoxical behavior of collectors, who had celebrated the removal of fees but were unprepared for the subsequent increase in mint prices.

Azuki may have just fumbled their bag.

My uncensored thoughts on the Elementals mint.

(1/19) pic.twitter.com/IFZcVDdyAf

— Kermit (@crypto__kermit) June 26, 2023

The Ripples in the Artistic Realm

The effects of this change extend beyond project developers and traders, reaching into the realm of the artists themselves. While not as directly affected as project creators, artists still face the repercussions of a culture shift within the NFT community. The removal of royalties challenges the ethos of the NFT world, which has always prided itself on directly supporting creators.

The Road Ahead: Potential Outcomes and Solutions

Looking ahead, we can anticipate several potential outcomes. For one, projects may start to reserve a percentage of NFTs in their treasury. As the price of these tokens increases, the projects can then sell their reserved NFTs for profit, creating a new source of income to replace the lost royalties. However, this strategy is not without its own risks and challenges, and it remains to be seen how it will play out in the long run.

• Development of New Pricing Structures The removal of royalties could lead to the evolution of new pricing structures within the NFT market. For instance, artists and creators could start pricing their work higher to compensate for the lack of a recurring income stream. However, this could also result in a higher barrier to entry for new collectors and possibly reduce the overall trading activity.
• Implementation of Tiered Royalty Structures A possible solution could be the introduction of tiered royalty structures, where the royalty percentage varies based on the selling price of the NFT. This could ensure that creators continue to receive royalties, while not placing an excessive burden on traders dealing with lower value NFTs.
• Emergence of New Revenue Models In the absence of royalties, we might see the development of new revenue models for NFT creators. For instance, creators might start offering additional services or products related to their NFTs, such as physical goods, exclusive access to events or content, or even participation in the creative process itself.
• Platform-Specific Royalties Another solution could be for NFT platforms to introduce their own royalty systems, where a percentage of every sale on the platform is distributed among creators. This would need to be balanced carefully to ensure it doesn’t discourage trading activity, but it could offer a way to sustain creators in the absence of direct royalty payments.
• Increased Importance of Initial Sales Without royalties, the initial sale of an NFT becomes even more critical for creators. This could lead to more emphasis on launch events and marketing to maximize the revenue from the initial sale.
• Voluntary Tipping Mechanisms Platforms could introduce voluntary tipping mechanisms, where buyers have the option to give additional funds to the creator of an NFT. This could help foster a culture of direct support for artists and creators, while allowing traders to keep their margins intact.
• Increased Reliance on Third-Party Patronage Artists and creators might become more reliant on third-party patronage or sponsorships, potentially altering the dynamics of the NFT space and leading to a greater commercialization of the sector.

As we navigate this evolving landscape, it is crucial for the community, platform providers, and regulators to work together to address these issues. The health and vibrancy of the NFT ecosystem depend on finding a balance that caters to the interests of all stakeholders, from traders and collectors to artists and project creators. In conclusion, the decision by Blur and OpenSea to remove royalties, while initially hailed as a boon by traders, has had a more complex and far-reaching impact on the NFT ecosystem. It serves as a stark reminder that in the rapidly evolving world of NFTs, short-term gains can sometimes come with long-term costs. As we move forward, the challenge will be to learn from these experiences and work together to create a more sustainable and equitable NFT market.

The post The Unforeseen Consequences of Removing Royalties: A Look at the NFT Ecosystem appeared first on NFT CULTURE.

The world of NFTs has seen a lot of excitement and hype over the past few years, with many blue-chip NFT projects capturing the attention of collectors and investors alike. However, as the market has matured, many of these once-popular NFT projects have fallen from their previous all-time highs.

One of the main reasons for this decline is over-minting, a common issue in the NFT world. For example, Doodles, a popular NFT project, faced criticism for over-minting its tokens, leading to a drop in value and a move to the Flow blockchain.

Another factor contributing to the decline of blue-chip NFTs is the acquisition of successful projects by larger corporations. For example, CloneX, another popular NFT project, lost steam after RTFKT, the company behind it, was acquired by Nike in a record-breaking deal. This acquisition brought a lot of attention to the NFT world but also raised questions about the future of the project and its tokens.

In addition to these specific issues, the lack of long-term direction and utility is another factor contributing to the death of blue-chip NFTs. Time-based NFTs, such as VeeFriends and Proof, are confusing for users, as the utility of the tokens will eventually expire. This lack of clarity has made it difficult for these projects to maintain their popularity and value.

The general lexicon about humans being inherently fickle, the general lack of innovation and true utility, and the volatility of NFT projects in general are also contributing factors to the death of blue-chip NFTs. The NFT world is still in its infancy and is constantly evolving, making it difficult for projects to maintain their popularity and value over time.

NFT Capitulation

NFT capitulation refers to a general decline in the NFT market, where the value of NFT projects decreases and investors sell off their holdings. This often occurs when there is a loss of confidence in the NFT market and a general perception that NFT projects are overvalued. NFT capitulation can also be caused by factors such as the saturation of the market, a lack of innovation and true utility, and the general volatility of the NFT market. The decline in value during NFT capitulation can result in a slowdown in sales and reduced interest from investors and collectors, leading to a contraction in the market. It is important for NFT projects to have a solid foundation and clear long-term direction in order to avoid or weather NFT capitulation.

Despite these challenges, the love for art remains a constant in the NFT world. Many collectors and investors are still drawn to NFTs for their unique ability to own and display digital art, making it a fascinating and ever-evolving market. The death of blue-chip NFTs is simply a natural part of the market’s evolution and will likely lead to the rise of new and innovative projects in the future.

while the death of blue-chip NFTs may seem like a negative development, it is simply a sign of the NFT market’s evolution and growth. The challenges faced by these projects serve as a reminder of the importance of long-term direction, innovation, and utility in the NFT world, and will likely lead to the rise of new and exciting projects in the future.

Flower83 had an interesting persepective on these projects.

OKAAAAAAAAAAAY

I got absolutely slaughtered by @KaijuKingz in the comments.

I have decided to teleport them in the zone between 3rd and 4rth row based on how strongly their community decided to raid my post and clown me

Will sweep soon. Fam. https://t.co/S0gqMkUHP6 pic.twitter.com/Awgdd4N4iC

— Flower83 (@Flower83_) February 4, 2023

Lack of real Utility is the main issue.

The lack of utility has been a major issue for many NFT projects, with many projects essentially functioning as fundraisers that plan on adding utility over time rather than having a fully thought-out product ready to go. This approach has led to a lack of clarity and long-term direction for many NFT projects, making it difficult for them to maintain their popularity and value. To address this issue, the next generation of NFT projects needs to focus on building utility into their products from the start. This requires a more thoughtful and deliberate approach, with a clear understanding of what users want and what the NFT project can deliver. Projects that prioritize utility and have a well-defined purpose and direction are more likely to be successful and to attract and retain users over time. The NFT market needs a new wave of projects that truly understand the importance of utility and are ready to deliver it from the start.

Which NFT projects will get a second Life?

Despite the initial hype surrounding NFTs, there still aren’t enough people invested in the market, and with limited time and attention spans, everyone is always looking for the next shiny object. This, combined with waning interest, is the death of many NFT projects. The NFT market is still in its early stages and is highly volatile, making it difficult for projects to maintain momentum and attract new users. As a result, many NFT projects lose their shine and eventually fade away. It will be interesting to look back in five years and see which NFT projects have stood the test of time and which ones have been reborn in some form. The NFT market is constantly evolving, and it will be fascinating to see which projects have the staying power to endure and which ones will ultimately become part of the NFT graveyard.

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Yesterday was the 3rd best day for the NFT market in the last 30 days and the NFT economy appears to be on a steady rebound. If this pace continues January may be the best month for the category in the last 5 or 6 months. The uncertain economy may affect the continued momentum. Additionally, if ETH and BTC continue to rip, NFTs may stall.

NFT Artists on the move

Beeple and Pak have a knack for making large announcements around Yuga Announcements, this year is no different (at least for Beeple). Beeple has teased a major announcement for mid-March, which is believed to be an in-person event for collectors and fans at his studio in Charleston, South Carolina. This event may become an annual occurrence.

two years later… 03.11.23 pic.twitter.com/l5KNnxk376

— beeple (@beeple) January 12, 2023

Another artist, Fewo, has expanded on his Paint drop from last year, releasing the first official trailer for FewoWorld and its accompanying PFPs (personalized profile pictures). The FewoWorld Paint collection has seen a 266% increase in volume traded and 67% increase in floor price over the last 30 days.

Been workin so hard & I’m so excited to reveal the FIRST OFFICIAL TRAILER for Fewos! I know y’all been patient, so thank you so much for supporting me! pic.twitter.com/oaUMGkOQFv

— FEWOCiOUS (@fewocious) January 12, 2023

Artist Justin Roiland, who is already a polarizing figure in the crypto and NFT space, may have limited supply moving forward due to felony domestic violence charges dating back to May 2020.

Today, digital artist FVCKRENDER is releasing a collection of 69 NFTs, known as THE REVEAL OF THE GHOST, on the Ethereum blockchain. The collection features 69 different NFTs, each representing a frame from an animation. The NFTs will be auctioned off to the highest bidders, with the winner of each auction receiving an NFT of the full animation at the end of the auction. 69 Editioned NFTs via a Ranked Auction
Website: https://manifold.xyz/

PFP Updates

In the world of PFPs, the upcoming game Trial of Jimmy the Monkey has received mixed reviews and criticism from the market. The game, which is set to release on January 17th, has been criticized for its combination of luck and skill elements. Additionally, the game is seen as a proof of concept for a metaverse product.

On the one-year anniversary of their launch, Azuki has announced plans to build a metaverse city, known as Hiumia, with the help of the community. The goal is to continue expanding the brand, although sentiment is mixed.

The Mutant Hounds NFT project has received mixed reviews since its reveal, with the floor price dropping as low as 1.02 ETH. The collars associated with the project have also seen a 10% dip, sitting around 1.6 ETH. Volume has also decreased on both projects, with daily volume down over 50%.

Broader Crypto News

In crypto news, Bitcoin’s value has recently been increasing, reaching the $19,000 level. This is believed to be due to a shift in investor sentiment from fear to greed. Ark has also recently invested $2.5 million in COIN as the publicly traded crypto exchange struggles. However, other crypto exchanges, such as Crypto.com, are experiencing downturns and laying off employees due to the crypto winter.

The SEC (US Securities and Exchange Commission) has recently filed a complaint against Genesis and Gemini for allegedly violating federal financial law through a complex and improper lending arrangement involving billions of dollars of digital assets, primarily from US retail investors. As a result of this setup, a number of unregistered crypto securities were created.

Finally, Intuit, a financial software company, has announced that it is exploring web3 and the metaverse with a new trademark application to process crypto payments, virtual marketplaces, bill payment services, and more.

The post Daily Drop News 1/13/23 appeared first on NFT CULTURE.

Azuki has announced the release of Hilumia, a metaverse city built by the community that serves as a physical representation of the company’s past, present, and future. This allows Azuki holders or community members to explore the brand’s expansionary efforts, which are often led by the community. Hilumia is not a formal roadmap, but can be seen as an immersive version of Azuki’s Mindmap. Community members are encouraged to explore Hilumia, which features various locations such as Slowpoke’s Toy Haven, Ember Square, Golden Skate Park, Garden Express, and Food For Thought. On its one-year anniversary, Azuki also saw a rebound in its floor price, which has risen 31% over the past 30 days, and an increase in the companion collection BEANZ, which has jumped 102% over the same period.

Azuki Details

Azuki is a collection of 10,000 unique, generative avatar NFTs that were launched on January 12, 2022. Each token within the collection was created using a randomized selection of traits, and features anime-inspired artwork that is described as a blend of the game The World Ends with You and the skateboarding magazine Thrasher. Initially, the collection was intended to be sold via Dutch Auction, where the price would gradually decrease over time. However, the collection sold out in just three minutes at the initial price of 1 ETH and never reached the final sale price of 0.15 ETH.

Story is still Developing. 

The post Azuki Hilumia 1 Year Anniversary Announcement appeared first on NFT CULTURE.

YUGA is back baby

First up, we have the long-awaited details for The Trial of Jimmy the Monkey mint from BAYC. The project has announced that the monkey butthole, Sewer Pass will be available starting January 17th, with the skill-based mint beginning on January 18th. This new power source NFT will be available to all BAYC and MAYC owners who have Sewer Passes, which can be earned through gameplay. BAKC can also be used for in-game boosters.

However, this news had a major impact on the market, with the floor for BAYC falling 10%, MAYC falling 13.5%, and BAKC falling 28%. This was a bigger fallout than most expected.

Other Market Indicators

In other NFT market news, trading volume has ticked up to ~23,500 ETH on Tuesday. The Yuga ecosystem is getting another 30,000 NFTs and this has had an impact on the Yuga trio and the Yuga-adjacent project, the Mutant Hounds.

We also have other notable movers like The Memes by 6529, DigiDaigakus, and The Bright Moments NFT Crypto Citizens.

Will Azuki Soar or Fall? 

Another key event to note, today is the 1-year anniversary of the popular project Azuki, and we’re expecting some fireworks based on the hints they’ve provided. As a result, both Azuki and Beanz are seeing massive movement. Azuki’s jumped 20 percent overnight to 15.8 ETH after a $500,000+ sweep by the whale Rewkang. We’re keeping an eye on these projects as they may see some big announcements and developments today.

And lastly, it’s worth mentioning that the Friendship NFTs are re-entering relevancy as the Bracelets rebounded 20% from local lows at 0.5 ETH back to 0.62 ETH on solid volume.

That’s all for today’s NFT Market Update. Be sure to tune in tomorrow for more updates and the latest developments in the NFT space. Thank you for watching.

Bill Gates is grumpy

Bill Gates recently expressed skepticism about the growth potential of web3 and the metaverse during a Reddit Ask Me Anything (AMA) session. He stated that he believes that Artificial Intelligence (AI) has more potential for growth than web3 and the metaverse. It’s worth noting that Bill Gates has been critical of cryptocurrency in the past and is known to have a negative opinion of it. This is somewhat ironic, given that he was an early pioneer in the development of the internet, which forms the foundation for many blockchain and cryptocurrency technologies.

The post Daily Drop News 1/12/23 appeared first on NFT CULTURE.

Zagabond, the leader of the now infamous Azuki project released a a blog titled “A builder’s Journey.” where he admitted to being behind 3 previous projects that ultimately became rugpulls including CryptoPhunks, Tendies, and CryptoZunks.  It is rumored that members of the Cool Cats team found out about his information and decided they were going to disclose the details of these previous projects causing Zagabond to get out ahead of the news with his blog post.  

“Builders must learn from each experience, coming back to the drawing board with something innovative and significant each time. Bold innovation in tech and art is key to the success of Azuki. We experiment based on first principles, not convention. We fill in gaps in the space when we see them. This team pushes tech forward, and advocates for meaningful art, as well as deep, immersive storytelling. Azuki is our vision for the future of web3.”

Accoring to Zagabond he believes Azuki wouldn’t be what it is today without the learnings from our previous projects:

• Phunks taught us the important magic behind storytelling (i.e., Philip was the inspiration behind Bobu).
• Tendies taught us the importance of original ideas rather than chasing a short-lived meta.
• And Zunks taught us that no matter how great the product is, the space is looking for new universes, a strong sense of purpose beyond rare traits, and unique experiences with gas optimizations (i.e., this was the inspiration for ERC721A to reduce gas costs for the community).

On May 10th, he took to twitter spaces to defend his position but the damage has already been done and the floor price of the Azuki project is now below 10 ETH.  Launching multiple projects isn’t the main issue collectors and the NFT Community have with with Zagabond.  The majority of their frustration is around the personas this individual created to take advantage of unsuspecting collectors (including impersonating nonexistent women @0xamanda).  Additionally, although he has stated he planned to give the community ownership of previous project, he has been unwilling to give up the keys to the wallets to allow the communities to thrive. 

Azuki Team Drains 1,594 ETH (over $4m) from wallet

With the release of the article from Zagabond , the Azuki team drained the wallet that contained all of the Azuki funds. This by itself doesnt imply that this is 100% a rug (they could be moving it for a myriad of purposes) but it is an additional red-flag that may be the final nail in the coffin.

Azuki : Treasury

1,594.00 $ETH ($ 3.94 M )

Azuki: Deployer

Unknown Wallet

https://t.co/Q4ZjztAf7Y

Follow AzukiOfficial

— Miyuki (@Miyuki_Kung) May 10, 2022

We are will stay ahead of this news and share as soon as we learn more.

We have established the NFT bill of rights to help projects avoid these challenges.

The post Azuki Founder Rugged 3 previous projects. appeared first on NFT CULTURE.

The official azuki beanz collection just revealed at first glance the beanz appear to be somewhat lackluster while the beanz are cute and will likely expand the azuki community by providing cheaper access to this project Mini speculators will likely be disappointed. unfortunately this is a continuation that signals that we may be past the local top with the massive liquidity drain that the board 8 Yachts Club pulled with their other side land reveal and then these beanz feeling somewhat lackluster the market may continue to cool off for a period of time.

Azuki and the beanz now represent a collection of around 30000 pieces merge seems similar to wear a lot of projects are trying to go as they expand their reach scope and ability to provide access for other collectors the next announcement that the azuki team makes is going to be an incredibly important one. there have been rumors that the project may be partnering with Adidas and some formal capacity we have also heard rumors that they may be partnering with the brand Supreme or that they may even be partnering with major music artists like Pharrell and others. the team here at mft culture believes that the next announcement will likely be high quality but somewhat lackluster merchandise. 

Bad Timing For NFTs

Unfortunately timing may have just not been on the team’s side there has been growing pressure for the team to reveal the beanz for some time and I’m sure they would have wanted to waited for slightly better market conditions before revealing. there are already a number of high-profile bazookies that had been sold for a loss and now the beanz floor appears to be cratering. another interesting tidbit is that for the first time open see, the largest in that tea Marketplace, was prepared to mass update the metadata from their side when the reveal started occurring. this is actually a positive in a pool of negativity the team appears to be becoming more proactive understanding when collections like these are going to reveal in attempting to create a better user experience during these reveals. long term we are still bullish on these you keep project and believe the beanz project will likely Rise Above This floor but not for some time. Right now we would put the beanz or expect the beanz to be around one-fifth of the zoo key floor until something causes that ratio to break. 

https://twitter.com/opensea/status/1522295427391188992

What do you think the next azuki announcement is going to be? Let us know in our Discord.

The post Azuki Beanz Reveal as… Beanz. appeared first on NFT CULTURE.

In January a group of 10 friends came together in a very short period of time to buy the second rarest Azuki for 120 ETH. At the time many looked at that purchase as a massive risk given the timing and immaturity of the project.  Over the last 3 months, Azuki has cemented itself as the third most successful 10,000 generative PFP project in the space.  As of this writing, Azuki as reached a nearly 19 ETH floor and moved nearly 153k ETH in secondary volume on opensea alone.  It’s now the 8th most successful project of all time.

Led by @treboomin, the DAO decided to list the NFT for 500 ETH. This jump started interest and the collective began receiving quite a bit of interest in the ultra rare NFT.  Additionally, NFT whales like 888 began buying rare Azuki NFTs ahead of the anticipated launch of the next phase of Azuki Utility.

With NFT LA in full swing and the Azuki event likely being the keynote event for the conference, attention around Azuki has reached fever pitch.

Ultimately, Jason (@bitcoin4freedom) became the perfect buyer to take the rare Azuki forward.  Jason is a long time player in the crypto space, primarily coming from bitcoin.  Jason also made waves earlier this month with buying the ultra rare 1/1 Invisible Friend NFT for 200 ETH. He explained his logic here:

As promised, I said I would explain today why I bought 1 of 1 #1125 and why I believe Invisible Friends will eclipse Bored Ape Yacht Club and Cryptopunks. Here goes, please retweet, this is a lengthy thread but I believe worth your time. Thanks in advance!

— Jason (@Bitcoin4Freedom) March 8, 2022

We expect Jason will share more details around his decision to buy this ultra rare azuki in the near future. We will keep you posted. Mal (of NFTCulture) was a small investor in the RedBeanDAO

RedBeanDAO Participants

The post Azuki Record Broken with 420.69 ETH Sale from Red Bean DAO appeared first on NFT CULTURE.

Tengoku Club

Tengoku Club is located in the seedy underbelly of Shibuya, Tokyo. Every character from the Kiwami lore has been spotted at the Club. Whether they’re hanging on the patio after leaving the dance floor, mingling with rising Yakuza henchmen at the bar, drowning in the pulsating beats and spellbinding synth waves, spraypainting the emblems of their affiliation, or simply serving as club bouncer; Tengoku Club has found a way to unite them all. Rich or poor, artisan or salaryman; the Club sheds all egos.

They may not realize it, but their stories and lives will soon be intermingled in ways they never imagined.

Welcome to Heaven.

What is Kiwami?

Kiwami is a next-generation collective of artists, builders, and rule-breakers. Carefully designed in the metaverse & born in Japan, Kiwami is redefining what it means to be an authentic brand. For those who are Kiwami; extreme, loyal, driven, and ineffable⎯ you’ve found your people.

Like any artistic movement, Kiwami is foremost driven by our community-first mindset. Every one of us brings our own stories, passions, and dreams. Kiwami is here to connect us and nurture the finest culture, rooted in a love for crypto-art that is built both with supreme artistic provenance in the metaverse, as well as in the real world.

Kiwami is a collection of 10,000 NFTs, comprised of hundreds of unique visual traits designed by an anonymous Japanese team of street art mavericks. The aesthetic character is guided by cyberkinetic, urban pop art, and inspired by traditional Japanese elements.

The Team

VivaTokyo: Founder & Creative Director.

Artist: Anonymous.

Mil: Head of Design.

Scythe: Operations & Community.

Mouse Dev: Smart Contracts.

Detailed Mint Info? https://kiwami.notion.site/The-Kiwami-Improved-Dutch-Auction-Mint-Information-7c76c80d248148f68908cbd15efcf528

Website / Roadmap? https://kiwami.app/

OpenSea? https://opensea.io/collection/kiwami-genesis

Treasury? Royalties? 50% of all Primary Mint and 50% of all Secondary Royalties go to the Kiwami Treasury. Secondary royalty fee will be 5%.

Official Links

• Website https://kiwami.app/
• Twitter https://twitter.com/kiwaminft
• Discord https://discord.gg/kiwami
• OpenSea https://opensea.io/collection/kiwami-genesis
• Smart Contract https://etherscan.io/address/0x701A038aF4Bd0fc9b69A829DdcB2f61185a49568#code

Dutch Auction Details

The post Kiwami NFT Project Overview appeared first on NFT CULTURE.

With the success of many project like 0N1 Force and Azuki, anime projects have become the main talking point in the NFT space.  The shizuka NFT project falls into that category launching 8,888 NFTs starting 2/28/21 for pre-sale and public sale launching March 1st ad 4:00pm EST

8888 AI-Generated Assassins. Synthesis nearing completion…

[2/28] PRESALE 1:00pm PST | 4:00pm EST

[3/01] PUBLIC 1:00pm PST | 4:00pm EST

Twitter

Website

Unknown entities of corruption fester in the thresholds of the metaverse. SHIZUKA is a collection of 8888 AI generated assassins, optimized with experimental combat features to target corruption. They inhabit and traverse glitches, otherwise inaccessible, to maintain order and stability.

O̸̒̀b̷́̔ë̶́̏y̶̰̾ ̵̙́&̴͋̈ ̴̑͑E̸̯͌l̶̥̍i̵͓̍ḿ̷̑i̷͈̓n̴̈́a̶̡͆t̶͙̚ē̴͛.

Shizuka is an art and community-driven project. Shizuka’s art seeks to inspire the community through creativity and self-expression. It seeks to create a dialogue between the established and the experimental, advancing and adapting to the ever-changing landscape of the NFT space.

Innkbean — Artist and Concept Designer

Kaiyu Liu
Masters of Architecture, Anime merch designer, Industrial designer
Twitter — https://twitter.com/innkbean
Instagram — https://www.instagram.com/innkbean

Badmon — Project Coordinator

Mike Tabler
Ex-IRL Entrepreneur, NFT degen & enthusiast, Professional collector
Twitter — https://twitter.com/Badmon187
Instagram — https://www.instagram.com/badmonmike_

Hemlock.dev — Lead Developer

Nick Tabler
Software engineer, Big-data engineer, Web3 developer
Twitter — https://twitter.com/hemlock_dev
Linkedin — https://www.linkedin.com/in/ntabler

Shizuka Roadmap

Generation 2 Mint

Work on Generation 2 art will be started as soon as generation 1 is sold out. Gen 1 holders will be guaranteed a WL mint for the second iteration of NFTS. Gen 2 concepts and, possibly, a sneak peek will be announced before our initial sale. Gen 2 mint is expected to take place during Summer 2022.

Airdrop

An airdrop is planned for early fall 2022. This will be an airdrop of some complexity; it will be dependent on holding previous NFTS. More details will be released closer to Gen 2 mint. This airdrop will be 100% free of charge and will be “dropped” to your wallet, with no gas fees.

Future plans

As mentioned previously, we are a community-focused project and intend to involve the community in ways to move forward. The future of Shizuka is in the hands of the holders. Some realistic long-term goals include a holder-only merchandise line & a holder-exclusive short manga. We are also optimistic about the opportunity of growing our brand at Anime and NFT conventions.

We are beyond excited for the future of this project, and we could not have achieved any of it without you. So here is to you, with our sincerest gratitude.

The post Shizuka NFT project appeared first on NFT CULTURE.