The Rise of NFT Collections and the Community
Former Bored Ape Yacht Club artist Mig’s Sneaky Vampire Syndicate (SVS) has officially announced the launch of its second Sneaky Vampire NFT collection. It has 12,345 female vampires accompanying the 8,888 male vampires from The Lair’s initial collection. All vampires have a home in the Lair, located in the Metaverse away from the dangerous sunlight and troublesome Vampire Hunters.
In September 2021, Mig teamed up with Superand, a group of seasoned cryptocurrency experts and engineers, to unveil the first collection of 8,888 male vampires. On OpenSea, it has produced around 21,600 ETH in trade volume. The squad is bringing its female equivalents, the Sneaky Vampiresses after the Gen 1 vampires sold out.
The SVS team hopes to foster female inclusion and representation in the NFT arena with the new collection. SVS is often regarded as a risk-free and simple-to-understand endeavour for both new and experienced collectors. As a result, the new “Vampiress Syndicate” collection should appeal to ladies and those who are new to the NFT art scene.
SVS will collaborate with eight female artists to produce eight one-of-a-kinds Sneaky Vampiress NFTs for the collection. It will assist under-appreciated female artists in receiving the respect they deserve.
Thomas Kekker, the Project Lead at SVS, said:
The Genesis SVS NFTs were a huge success, and we’ve not let our foot off the gas. From the very beginning, we built this around nurturing our community and creating the best possible environment. We believe the release of the Vampiresses will continue the growth of our ecosystem in the right direction.
Female Sneaky Vampiress NFTs also pave the way for the planned “Blood Pact” breeding mechanism. In the near term, users of both Vampire and Vampiress NFTs may expect to use them for breeding. The breeding mechanism will revolve around the $BLOOD coin. When SVS holders bet their NFTs, they get three $BLOOD tokens every day.
The Sneaky Vampire Syndicate (SVS) is a separate NFT project comprising two separate NFT collections. There are 8,888 male vampires in the Generation 1 collection and 12,345 female vampires in the Generation 2 collection. Each vampire is hand-drawn with their traits and emotions by Mig, a former Bored Ape Yacht Club artist. The SVS team has maintained its objective of ongoing innovation, community growth, and making all project elements as fair as possible from the beginning.
Understanding the Rise of NFTs Collections
According to JP Morgan, the total market capitalization of the NFT ecosystem might be as high as $7 billion by 2021. Everyone from Tesla CEO Elon Musk’s ex-girlfriend Grimes to actress Sunny Leone is making money from their digital assets.
As non-fungibility by definition makes NFTs unique, their desirability and market value stem from this. In contrast to other cryptocurrencies, NFTs cannot be substituted. Even if one Ethereum can replace one Ethereum, nothing could replace the original Monet or the NFT.
Jefferies expects the NFT market value to reach $35 billion and $80 billion in the next two years, respectively. Considering that non-fungible token trading hit $22 billion in 2021, it’s important to point out this. ‘The First 5000 Days,’ sold for $69.3 million, was the most valuable NFT transaction in 2021.
Catch all the breaking news, and Don’t forget to like the story.
Image credit: Jonathan Kemper and Loren Cutler.
Disclaimer: The purpose of this article is to remove informational asymmetry existing today in our digital markets by performing due diligence, asking the right questions, and equipping readers with better opinions to make informed decisions. The writer holds Bitcoin, Ethereum, Cardano, Solana and Cosmos. The writer has a vested interest in the story.