WGMI Rating:

DISCLAIMER: WGMI MEDIA IS AFFILIATED WITH MAGIC FOREST PETS

Mint Details

Mint Date 

May 21

Supply 

15,000 (9,200 for Magic Mushroom Clubhouse holders and 5,800 for public)

Mint Price 

Free (+gas)

What is Magic Forest Pets?

Magic Forest Pets is a handpainted 15k collection, and is a companion project deriving from the Magic Mushroom Clubhouse. The collection combines traits from typical forest animals such as cats, foxes and birds to create a beautiful collection of “magically generated surprise forest animals”. 

Every Magic Mushroom Clubhouse holder can claim a free Magic Forest Pet for each MMC NFT they hold – so 9,200 Magic Forest Pets can be minted for free by Magic Mushroom Clubhouse holders (there is no time limit on when holders can mint their Pet). An additional 5,800 can be minted by the public for 0.03 ETH, meaning this project’s maximum supply is 15,000. 

Magic Forest Pets NFTs will act as a pass to partake in the ‘Shroom Scouts Pet Adventure’, a series of five challenges with a prize pool of $25,000 in ETH (see the Utility section below for more details). 

Utility

Shroom Scouts Pet Adventure

‘Shroom Scouts’ is a community event where members of the Magic Mushroom Clubhouse community must team-up to complete a variety of challenges. The Shroom Scouts Pet Adventure is the second Shroom Scout ‘adventure’, and the Magic Forest Pets NFTs will be a ticket to enter this event. There will be a prize pool of $25,000 in ETH for participants, and they will also be giving out additional cash prizes, MMC NFTs, and whitelist spots.

Mycelium Marketplace

The Mycelium Marketplace is a place where the MMC community can spend their Celium points on whitelist spots, raffles for NFTs, and other opportunities and experiences (like 1-on-1 meetings with influencers). Magic Forest Pets will earn 1 Celium point per week, meaning ownership of Magic Forest Pets will help holders accumulate tokens that can be spent on valuable assets and opportunities. 

Marketing & Community

The Magic Mushroom Clubhouse emphasizes the value of a strong community, and holds itself out as the perfect place for an NFT newcomer to learn about the space and buy their first NFT. While the Shroom Scouts Pet Adventure will create and strengthen bonds within the community, the Magic Forest Pets also provides a lower price point for newcomers to join the Clubhouse. The Magic Forest Pets, and pursuant Shroom Scouts adventure, are the Clubhouse’s next steps for growing and strengthening their community.

 

Analysis

Bullish

The project has been conceived and created by the same team behind the Magic Mushroom Clubhouse – a strong team with plenty of experience launching web3 projects and maintaining a vibrant community. 

Magic Forest Pets provides a lower price point for newcomers to enter the MMC community, and the Shroom Scouts Pet Adventure should further build connections within that community. A successful launch could cement the Clubhouse as a go-to project for web3 noobs to begin their NFT journey.

The significant amount of prize-pool cash up for grabs in the Shroom Scouts Pet Adventure is a considerable incentive for MMC holders and the public to take advantage of a free mint. 

Reservations

After the Shroom Scout Pet Adventure is complete, one of the key utilities for owning a Magic Forest Pet disappears, potentially reducing the incentive to hold when the event is complete. The remaining utility for owning a Magic Forest Pet will then rely on the strength of the assets and opportunities (such as whitelist spots) on sale at the Mycelium Marketplace.

 

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@everestwhale @9gagceo we would definitely love this!






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