Pixelmon NFTs are all the rage right now. How to explain this sudden renewed interest in this Pokémon-inspired project?
According DappRadar, Pixelmon NFT sales have increased by more than 300% in the past week. As of this writing, the daily sales volume stands at almost $20,000, while the floor price is hovering around 0.575 ETH.
Pixelmon: what is it?
Pixelmon is a NFT game in an open world, inspired by Pokémon. Once its metaverse launches, the game will allow gamers to train, trade their Pixelmon NFTs, and engage them in battles. According to roadmap of the project, an alpha version of the metaverse should be released in January 2023, but it will only be accessible to holders of the game’s NFTs.
Launched on February 7, 2022, the project has raised over $70 million so far. The starting price of Pixelmon NFTs was 3 ETH. Next January, the project is expected to launch a native token and virtual courts.
A completely failed launch
Pixelmon generated a lot of interest before its launch. However, the team didn’t release their NFTs until February 25, which was two weeks later than expected. This delay, along with other factors, has cast doubt in the minds of the project’s followers.
Prior to launch, the Pixelmon team said the Pokémon-inspired metaverse would become “the biggest and best NFT universe in terms of quality.” Much to the disappointment of the community, the quality of the NFTs on offer fell far short of what the team had promised.
The community therefore believed that the project was a NFT scam and that the team had simply purchased models all ready from the MeshTint studio, before converting them into voxel art (3D models created from cubes called voxels).
With the funds raised, the project leaders would also have bought NFTs Bored Ape Yacht Club, Azuki and CloneX. Something that the founder of the project, Martin Van Blerk, alias Syber, confirmed, pointing out that the team was looking to take advantage of the lower prices.
Kevin, one of the Pixelmon NFTs, is so poor that Twitter’s crypto community decided to make a meme out of it. Still, some collectors are willing to pay between 8 and 9 ETH (i.e. triple its original price) to get it.
The Pixelmon team tries to catch up
Syber, who is 21, said his team “are working very hard to make up for their mistakes”. The project was then entrusted to the Web3 platform LiquidXand will now be led by Giulio Xiloyannis.
The new team brings together designers from RIOT, artists from BLIZZARD and other specialists in the sector. These have transformed Pixelmon NFTs into more sophisticated “pet monsters”. The NFT Kevin remains one of the most popular memes right now, however.
While some members of the community are eagerly awaiting the launch of the Pixelmon metaverse scheduled for next year. Others categorically refuse to give the project a second chance.
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How to explain the surge in sales of NFT Pixelmon? – BeinCrypto France
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