Meebits

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Yuga Labs has implemented a 5% royalty on secondary sales of Meebits.

Remember Meebits? The Larva Labs money machine that raised a then scarcely believable $80m for a collection of voxel PFPs with no discernible utility, no roadmap, just the cachet of being from the same creators as the legendary punks. Meebits were the spur for Bored Ape owners to do everything in their power to raise…

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CryptoPunk sales exploded over the past week, and the rest of the NFT market is coming along for the ride. The OG NFT avatar project has always been the biggest tour de force in the NFT marketplace, but recently the project has seen an unprecedented amount of sales, in both volume and value. From July…

Rival fandoms abound in pop culture. Marvel vs DC Comics. Pokemon vs. Digimon. So it was only a matter of time before NFT artists and fans divided into two camps. Enter Bored Ape Yacht Club vs. Meebits, two projects that embody the contrasting creeds within the NFT movement, perhaps fated to become natural adversaries.   Meebits…

I bet you’re wondering… what the hell is a Meebit? Well, I will tell you. It’s a collection of 20,000 3D characters, each unique but assembled from a randomly generated collection of attributes of varying degrees of scarcity and hence desirability. Sounds like CryptoPunks? Well that’s the idea. That model has been the undeniable party…

Meebits has everything an NFT investor could ask for ––random computer-generated traits to assign uniqueness and scarcity, the pedigree of the CryptoPunks maker and their community, and extremely cool-looking creatures many crypto enthusiasts would want to have as an avatar. But is that all worth $1.4M for a single token? Artists in the NFT community…