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Moonbirds, a newly launched NFT project based on Ethereum, is ruling the trade volume charts after it completed $290 million worth of sales in the span of just four days.
April 16 witnessed the sale of complete 10,000 computer-generated pixel owl avatar NFTs at a mint price of 2.5 Ether (ETH) per NFT, $7,700 as per the live prices. With OpenSea currently displaying a massive amount of 18.45 ETH ($56,800), the floor prices have since blown up on secondary markets.
The project has made over $289.9 million worth of secondary sales, including mint sales. The project with these figures has become the top-selling NFT collection looking at the figure from seven-day and 30-day and acquires the second position as per the 14-hours metrics.
The gulf in volume is significant considering the 30-day chart as the NFT sales of Moonbirds
52% more than Azuki, sitting in the second-place with $189.3 million worth of volume, and
76% ahead of the BAYC, which is standing at $164.6 million.
The Moonbirds #7963 NFT acquired the ninth-largest sale of all NFT collections out of all NFT collections over the past week at 135 ETH ($410,000), highlighted by DappRadar.
The newly launched Moonbirds project is tracing a similar path as that of the trendy Bored Ape Yacht Club (BAYC) with the launch of utility-focused NFTs that grant holders access to a membership club and private ecosystem.
Access to future drops, early access to “Project Highrise,” an upcoming Metaverse platform, a membership club, and merchandise are everything that comes under the holder benefits, according to the project’s roadmap.
PROOF Collective is the founder of the Moonbirds NFT collection. PROOF Collective is an exclusive social club for the 1,000 holders of the PROOF Collective NFTs and is working on various NFT projects. At the time of writing, the collectible membership passes come at a floor price of approx. 91 ETH ($278,800).
The smooth launch of Moonbirds’ could be successful because of the investors backing the PROOF Collective founding members, including web three investors Ryan Carson and Justin Mezzell, along with Kevin Rose, tech entrepreneur and founder of Digg.
An NFT collector that goes by the “Cryptolocity” on Twitter outlined that the project is supported by the strong reputation of Rose, his web2 and web3 connections, and his podcast about NFTs that has “some of the most life-changing ‘alpha'” for his listeners.”
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Andrew is a blockchain developer who developed his interest in cryptocurrencies while pursuing his post-graduation major in blockchain development. He is a keen observer of details and shares his passion for writing, along with coding. His backend knowledge about blockchain helps him give a unique perspective to his writing skills, and a reliable craft at explaining the concepts such as blockchain programming, languages and token minting. He also frequently shares technical details and performance indicators of ICOs and IDOs.
