Wtf is Memeland NFT by 9GAG? Wtf is the Potatoz NFT? Are They Gonna Be the Next 100x NFTs Project?
NOT JUST A JPEG But Utility-enabled PFPs!
Follow me to get the latest NFT Institute analysis @Diamond2Annie
Key Insights
- Memeland is a collection of 9,999 utility-enabled PFPs;
- They ran a blind auction for âYOU THE REAL MVPâ to let their community set the price. The final price goes to 5.3 ETH, and now FP sits at 32 ETH;
- âThe Potatozâ is a collection of 9,999 utility-enabled PFPs launched on Jul. 21. Each Potatoz is your entry ticket into the great Memeland ecosystem.
- The Potatoz completing more than 9,700 ETH ($16 million) worth of secondary marketplace transactions up to now. The floor price for The Potatoz is currently 1.45 ETH.
- Founded in 2008, 9GAG behind Memeland NFT has a global audience of 200 million, across its website, apps, Instagram, Facebook, and Twitter;
- Players can earn $MEME through passively holding and staking, or actively playing and creating content;
- Famous celebrities like @kevinrose and @garyvee are all involved in this project;
- Memeland NFT has a lot of the same similarities with Moonbirds, Invisible Friends, CloneX, Doodles, the Bored Ape Yacht Club (BAYC), and some of the other successful ones.
The picture above shows what the Memelands are like. Elements like a broken sea, pirate crews, treasure island, sea monster, and of courseâŚmemes are all showing in the form of really cool pixels.
There must be a very wonderful story about quests for glory, fortune, and love happening in these Memelands.
Wtf is that? Another Metaverse game? The Otherdeed for Otherside finally met their match? Memes packed with utility? The next BLUE CHIP NFT? Are they gonna be the next 100x NFTs project?
Letâs get straight to it.
What Is Memeland NFT by 9GAG?
Website: https://www.memeland.com/
Twitter: https://twitter.com/memeland
Discord: https://discord.gg/memeland
Memeland is a collection of 9,999 utility-enabled PFPs. Unlike lonely NFTs which can only be held in your wallet, Memeland is going to give you value and each Memeland PFP (aka Captain) unlocks utilities like:
- Private club membership
- Exclusive access to the creator NFT marketplace
- IRL (In Real Life) events
- Upcoming 9GAG drops and projects
- And more
How are the 9,999 Memeland PFPs distributed?
They can be very flexible.
There are many moving parts, but hereâs their current plan (subject to change):
- 6,900: 9GAG & partners allowlist winners
- 3,000: Public allowlist raffle winners
- 99: Memeland Treasury for future collaborations, hiring, marketing, etc
And to celebrate its launch, 9GAG is partnering with Hong Kong Times Square to bring the worldâs first âMemelandâ digital playground and its NFT collection to life, from 30 July to 25 September, 2022.
Besides that, holders of Memeland PFPs have full commercial art rights for the Memeland PFPs they own.
Memeland will receive 6.9% of all secondary sales. The proceeds will be used to buy lambos, yachts, and private jets for the team⌠đ âľď¸ âď¸
Jokes aside, they will use the fund to hire more full-time team members, fund operations, and deliver even more value to their community!
While it gives no ground for blame even if they are buying a pleasure boat.
And now, they surprisingly provide you with âYOU THE REAL MVPâ as a reward.
WTF IS âYOU THE REAL MVP?â
According to their recent tweet, YOU THE REAL MVP is an extra way of thanking and rewarding their passionate community and team. You can even call it VIP.
It unlocks utilities such as:
- @MEMELAND NFT free mint x 2
- Allowlist for all future MEMELAND/@9GAG NFT collections
- MVP lounge in Discord
- MVP role in Discord
- More to comeâŚ
How are the 420 âYOU THE REAL MVPâ allocated?
- BLIND AUCTION = 300/420
- CONTRIBUTORS (@MEMELANDâs advisors, investors, teammates, moderators) = 100/420
- RESERVE = 20/420
For the details of BLIND AUCTION?
- Auction Ends: 48 hours
- Reserve Price: 0.69 ETH
- Winners: Top 300 bids
- Backup: 301â350 bids
- Final Price: The 300th bid
- 1 bid per account
REMINDERS:
- There is no mint for âYOU THE REAL MVP.â Donât fall for scams.
- Winners will get an airdrop of âYOU THE REAL MVP.â
- There is no link/collection on any NFT marketplaces, e.g. Nswap, OpenSea, LooksRare.
They ran a blind auction for âYOU THE REAL MVPâ to let their community set the price. The final price goes to 5.3 ETH. Then they ask people to send 5.3 ETH to their wallet address.
What is the Potatoz NFT?
The Potatoz launched on Jul. 21 and has seen tremendous growth in volume floor price since then, completing more than 9,700 ETH worth of secondary marketplace transactions up to now. The floor price for The Potatoz is currently 1.45 ETH.
If you are a holder of âYOU THE REAL MVPâ, you have an allowlist for all future Memeland & 9GAG projects, including 3 free mint spots for âTHE POTATOZâ(airdropped).
Thatâs not to say that you can get the Memelist automatically when you hold the Potatoz. Itâs worth repeating: the ONLY way to get Memelist going forward is via The Potatozâs âstake-to-winâ.
In my point of view, the projectâs like one of those Russian dolls.
So, Wtf is the Potatoz?
Well, the potato is a starchy tuber of the plant Solanum tuberosum and is a root vegetable native to the Americas. The plant is a perennial in the nightshade family Solanaceae.
No, just kidding.
A long time ago in a memetaverse far, far away⌠Memeland was a deserted land unsuitable for life. Until years ago, early lifeforms started to appear. Memelandâs first residents, it turns out, were a bunch of Potatoz. Who left the Potatoz there?
In a sense, Potatoz to Memeland is equivalent to Koda to Otherdeed for Otherside.
AhhâŚok, thatâs a little weird. WhateverâŚ
In a word, âTHE POTATOZâ is a collection of 9,999 utility-enabled PFPs. Each Potatoz is your entry ticket into the great Memeland ecosystem.
After you bought the Potatoz, you can enter the âstake-to-winâ mechanism. They even hosted a naming contest for the mechanism. The winner will get a Potatoz. And eventually named as âGROW-TO-WINâ.
When reveal?
It depends on what you mean by a reveal. Potatoz grows, donât they?
They launched the âGROW-TO-WINâ (staking) system and staking website on Aug 6, 2022:
The moment you âGROWâ (stake), your Potatoz will evolve to Stage 1 instantly!
The âGrowingâ function is staking, similar to Moonbirds, another popular NFT project created by PROOF Collective and Kevin Rose, âNestingâ feature.
They make for a great side dish, but some may feel a calling to become the main course. Rumour has it they are secretly related to the Memelist, $MEME, MVP, and more!
I got nothing but imagination from their introduction. And it fits exactly with their wishes. Moreover, creator earnings has also increased to 9%.
You know, I think this is really clever from them because they knew that it was not ideal to launch their main projects in such a bear market, so they give you this drop.
Even though the YOU THE REAL MVP is at the current floor price of 32 ETH but was mainly the nominal price. All the value lies in peopleâs expectations of Memeland and its brand and community. And holders found it cannot easily be changed into cash so many of the activities were sold in the form of offers. Its liquidity is very poor.
In my opinion, the emergence of Potatoz NFT can solve the liquidity problems and give MVPâs holders more confidence and more imagination of Memeland.
What Is 9GAG? Go Fun The World
You may have heard of them. If you havenât heard of them, you must have seen their memes. They are the meme lords of the internet generating memes in the past every single day.
Founded in 2008, 9GAGâs mission is to make the world happier. 9GAG has a global audience of 200 million, across its website, apps, Instagram, Facebook, and Twitter.
They have a Twitter following of over 16.9 million and over 58 million followers on Instagram.
9GAG is backed by some of the biggest investors in the industry such as First Round Capital, Freestyle Capital, Greycroft Partners, True Ventures, Y Combinator, 500 Startups, and more.
And Memeland will be 9GAGâs first NFT collectionâŚ
With a 14-year track record in community building and social media, the Web2 success is going to be their testimonial for Web3.
Everything You Need to Know About $MEME
Players can earn $MEME through passively holding and staking, or actively playing and creating content.
$MEME sits at the core of everything in the Memeland metaverse.
I think it is actually interesting because if they are rewarding people for creating content, thatâs how you grow your user base. Even if they have a very large user base already, LOLâŚ
$MEME is a token made to support the creator economy. $MEME also serves as Memelandâs governance token.
AHOY!
What Is Their Roadmap?
Like goblintown, They frankly have no roadmap to go.
Why is thatďź
They said that there is no road at sea, so there is no roadmap.
Are you kidding?
Well, then at least, you could have a sea roadmapâŚ
But they do have the North Star â their mission.
Memelandâs mission is to empower creators by connecting web2 and web3 communities.
As with all things 9GAG, they like to under-promise and over-deliver. Their 14-year track record in community building and social media is their testimonial. They always keep shipping.
What Are Their Advisors / Investors?
Wow! We see a lot of big names in the NFT & crypto world that are involved in this project.
Iâve never seen so many advisors/investors at the same time before. Theyâve got so many big players in the space. Theyâve got people across the board who have done major projects themselves.
Yes, itâs all. Famous celebrities like @kevinrose and @garyvee are all there.
Recently, they also announced Hong Kong tycoon Adrian Cheng joined Memeland as an advisor!
Because they have backers of 9GAG and investors in it, so they probably will put in a good word for Memeland NFT.
Under such a strong background, itâs hard not to believe this is going to be a big bluechip NFT project in the near future.
I think even in such a bear market, Memeland NFT is going to perform extremely well and we could easily see 10x proceeds.
Final Thoughts
If you compare Memeland NFT to Moonbirds, Invisible Friends, CloneX, Doodles, and the Bored Ape Yacht Club (BAYC), and some of the other successful ones, you will find that they have a lot of the same similarities.
Why do I say thatďź
- They always have a company behind it.
- They have a token system
- They have metaverse land
- Famous celebrities are involved in their projects
- They are well-experienced in Web2
- They are trying to build an ecosystem in the NFTs space
- They are committed to driving a lot of value and utility to those people who are holding their NFTs
- At the same time, you could always find an easy way to jointly hold together in their community, whether itâs their typical language, words, gestures, memes, consensus and more.
Have you added â¤ď¸ Memeland to your Twitter ID?
Just like a saying goes: âSuccess is always the same, but failure is different.â
Maybe new NFTs projects theyâre going to launch in the future will drop to you if you hold one of their NFTs. There is little doubt about the Memeland NFTâs suitability for the long-term holders.
All in all, this project is still in its really early stage and I think it is going to be huge, so itâs really exciting to see where itâs going to go.
Letâs just take a back seat and watch what unfolds before us. Iâm interested in this project and Iâm definitely going to keep tabs on it.
Thanks for reading the articleđđđ
If you enjoyed this article, also consider reading:
- Everything You Need to Know About Otherdeed for Otherside and Kodas
- Is Goblintown the Next Bluechip NFT or Is It All Just a Big Joke?
- What the Heck Is the Trippinâ Ape Tribe NFT Project All About?
- Okay Bears & Not Okay Bears NFT Collections: The Complete Guide
- Moonbirds: Soaring Beyond Expectations
- Is EightBit.Me a Potential Blue Chip?
- The Ultimate Beginnerâs NFT Glossary 101: Terms You Should Know
Last but not least, if you enjoyed this article, please remember to give the article 50 claps at the bottom. Nswappers are fueled by claps. Thanks for reading. đ§đźââď¸
About Nswap: Nswap is building a decentralized, multi-chain information aggregation platform (Launchpad) and open market (Marketplace) for NFTs. We hope that everyone has the opportunity to experience, access, and own NFTs. With Nswap, you can access NFT collections for sale on our primary Launchpad and trade them freely on our secondary Marketplace.
Join the Nswap community on Twitter, Discord, and Medium! For business inquiries, contact official@nswap.com. Stay tuned to our Medium to check the hottest NFTs as it happens.