One of the most awaited NFT projects. Minting June 29.
Background:
The launch of the OnChainMonkey Karma Collection is scheduled for June 29, 2022. The team is made up of reputable leaders in the space who have proved to know how to steer a successful NFT collection with a well-built community. Since the launch of their first collection, the project has grown steadily, and their community looks solid with a very active and engaging discord server, even during the current bear market.
But before we go in-depth into this project, I want to start with a short disclaimer and a brief story. *This is not financial advice, and please do your own research. I’m not affiliated or related to this project, besides being a token holder.
I’m the owner of two Monkeys (#8090 & #2790), which I bought in September 2021 when the collection had a floor price of 0.4 ETH (now 1.7 ETH). Earlier this year, I had the opportunity to attend one of their IRL (in-real-life) events during my visit to the Bitcoin Conference held in Miami. It was a lunch at a beautiful property, and you could only participate in it if you were a member of the OCM community. I had the chance to meet Amanda Terry, one of the founders of Metagood, where she mentioned the ambitious goals they have for the company. Metagood is the platform behind OCM, where they plan to bring NFTs for social good by bringing together causes and their communities.
This article was written by our NFT Captain, Khristian. Join our Discord to get direct access to our latest and greatest insights.
The NFT market is very volatile, and we are still at an early stage. If there is one thing that I have learned during my journey as an NFT collector, it is… invest in people. The team is the engine that ensures everything gets executed, and if you believe in the potential of a project, make sure you also analyze the founders' background and believe in their skills. Seeing the founders in real life and seeing the faces behind all the work that goes behind a collection sparked my eyes and showed me how devoted they are to making a positive change in the world by creating a platform that unifies NFTs for a better cause. With that said, let’s get now into the project pick!
Project Overview
So…what in the world is OnChainMonkey? In plain English, it’s a membership-based NFT project that focuses on positively impacting the world. It is a collection of 9,500 memberships in the form of Monkeys NFTs that can be bought, sold, or traded on OpenSea. When purchasing a Monkey, you get access to their community, and you get to invest in the project. For a deeper technical explanation, the team wrote this medium article which goes in-depth about how OCM was created fully on-chain with a single transaction.
If we have a look at the floor price chart of OCM, you can see a solid performance of the project since launch day. The project reached a floor price of nearly 3 ETH in February 2022. The floor price is now at 1.7 Eth. Not too bad, considering the current market conditions.
The Team
The team consists of highly skilled tech leaders and award-winning artists with reputable backgrounds. You can have a complete overview of their team at their website.
Why might it be an attractive investment?
After the success of OCM Genesis, the team will be releasing the new OnChainMonkey Karma collection. The team has shown to know how to build a successful NFT collection with a solid, welcoming, and active community. The founders have rewarded the token holders with high-value airdrops, community events, and in-real-life gatherings. They have been present in the top industry events in different parts of the world, including VeeCon (oh, and Gary Vee’s been a holder since the mint day, see it in this video message on Twitter).
Remember that famous photograph from National Geographic of the iconic Afgan girl? Metagood helped fund the successful evacuation of Sharbat Gula and her family from Afghanistan to Italy in November last year. Here is a list of the positive impact Metagood has made recently.
Public Sale Details:
- Amount: 10,000 Karma available for public mint
- When: Public mint will be on June 29
- Who: Divided between allow/pre-mint lists and public mint
- Price: Mint price TBD, maximum per wallet TBD
- Details: Funds from public mint will be split 50% DAO, 50% Team
How can you buy one?
There are multiple ways you can buy a OCM Karma nft in the upcoming release. New investors will have the option to buy on public sale at their website on June 29, the exact release time not yet specified. Additionally, you can get on the allowlist to have a guaranteed spot and minting one.
Existing owners of the Genesis collection can claim a free Karma by using the ‘dessert’ token, which was air-dropped earlier this year. Below is a diagram that shows the minting process.
To sum things up:
- After the success of their first collection, Metagood is launching a collection of 10,000 OCM Karma NFTs on June 29.
- With strong leadership, solid community, and a vision to make this world a better place, this project might have an interesting future ahead.
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