Early final month, Crypto YouTuber Alex Becker and Elliotrades introduced their new NFT undertaking: Neo Tokyo Identities. Nonetheless, in contrast to the trail usually trodden by NFT initiatives, Neo Tokyo Identities is shrouded in secrecy. To mint the NFTs, folks should get into whitelists by fixing riddles. It’s not simple to affix their Discord both.
Regardless of all of the secrecy (or maybe as a result of of it), the undertaking took off virtually immediately. What was launched as free to mint NFTs now has a flooring of 11.9 ETH (round $51,500) on OpenSea!
Neo Tokyo Identities: What we all know to date
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Neo Tokyo Identities consists of 2018 identities and 2500 vault playing cards. The gathering, in Becker’s phrases, claims to be the “fairest NFT drop in historical past.” On this regard, it has no pre-sales, is free to mint, and each Becker and Elliotrades maintain just one NFT every.
The intention is to construct a very community-focused undertaking that develops a “tradition of long run participation”. All the benefits will lie with “Residents” who’re lively and “concentrate” to all of the bulletins. Apart from, there are “video games inside video games contained in the codes” to “root out” passive holders.
Furthermore, the NFTs are strings of codes that include “many facets” that can give “residents nice energy in Neo Tokyo.”
“Learn the code. Know the code. You might be your code, however you can be many codes,” Becker tweeted. “Those that be taught the code, will [have] benefits past creativeness after they assume full digital kind.”
Getting the Neo Tokyo NFTs
Getting your self an NFT within the assortment is not any piece of cake. Solely those that are in Neo Tokyo’s whitelist have been allowed to mint the NFTs. Furthermore, solely those that solved the riddles or received video games made it to the whitelist on a primary come first serve foundation. Then, on Add Day (October 3), Becker dropped whitelists in teams, with every group having 10 minutes to mint the Neo Tokyo Identities.
The lists contained proofs (codes) and mint numbers corresponding to every pockets tackle. This, nonetheless, didn’t assure a mint. Customers needed to go to the web site and “pass” one other check.
Based on Dave Loyal, customers might entry a chatbox on Neo Tokyo Identities’ website on Add Day. Right here, they have been requested quite a few questions, the solutions to which may very well be present in numerous clues and codes Becker tweeted beforehand. On the finish of the questions, the undertaking gave customers Etherscan addresses and contract hyperlinks the place they needed to enter their whitelist quantity and proof to mint the NFTs.
Moreover, on October 16, the staff posted the contract hyperlink to mint vault playing cards. The method was the identical as earlier than, with every Neo Tokyo holder getting two hours to seize a single vault. Nonetheless, if the holders didn’t make it in time, game-winners on the whitelist might “steal” the vault.
What the numbers say
At this time, Neo Tokyo Identities is the highest eleventh assortment by seven-day commerce quantity, in response to DappRadar data. Whereas it amassed $7.85 million within the final seven days alone, its all-time commerce quantity has hit $33.45 million. A number of the NFTs within the assortment have additionally bought for hefty sums. Character #1990, as an example, fetched round $270,000.
Clearly, Neo Tokyo Identities is an NFT undertaking like no different. Can it give high collections like The Bored Ape Yacht Membership, Cool Cats, and CryptoPunks a run for his or her cash? Properly, we are able to’t wait to search out out!
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