WGMI Weekly Wednesday Newsletter
July 27, 2022
NFT of the Week: The Potatoz
The Potatoz is a free-to-mint collection of 9,999 utility-enabled PFPs that also serve as an access card to the Memeland ecosystem. According to rumors, staking The Potatoz NFT grants holders the Memelist role which will allow them to mint the next upcoming collection from Memeland.
Why The Potatoz is our NFT of the Week
The Potatoz was a project restricted only to allow listed members, and it has seen incredible trade volume. The Potatoz collection is the number one trending project on OS this week, and it has seen more than 5.8k ETH worth of trade volume since its release approximately six days ago.
One of their latest announcements details Hong Kong tycoon, Adrian Cheng joining Memeland as an advisor. Adrian is the CEO of New World Development, founder of K11 brand, C Ventures, and Eureka Nova, and he is an early investor of Metamask, RTFKT, The Sandbox, and more.
The floor price of Potatoz surpassed one ETH during its peak, but its current floor price sits at 0.68 ETH which is an incredible accomplishment for a free-to-mint project with a supply of 9,999.
TL;DR: The Potatoz project has been making big moves in the NFT space including adding Adrian Cheng has Memeland’s new advisor. This free-to-mint collection has already seen more than 5.8k ETH worth of trade volume since its release in less than a week and its current floor price sits at 0.72 ETH at writing.
The Potatoz in numbers
free + gas
Floor Price (July 26, 2022)
Volume Traded (July 26, 2022)
The Potatoz (Memeland) Team
The powerhouse team behind MemeLand is the real selling point behind The Potatoz collection. Not only do we have 9GAGs original team – who are proven to be able to build a behemoth digital brand – we also see an absolutely stacked team of advisors and investors. It could be argued that MemeLand has some of the most experienced lists of legendary ‘players’ backing them.
The founder of MemeLand goes by the name 9gagceo on Twitter. If we search for 9GAG CEO on Google, we find a man named Ray Chan. The brand that he has built and his net worth is a testimonial to himself. He has gained a huge following of 235.6k on Twitter and 30.9k on Instagram. Upon doing a little digging and finding his OpenSea vault, it appears that he is an avid NFT collector too. It’s safe to say this project is in good hands.
There are too many advisors and investors to cover, but this list of people is incredible. Most notable is probably Gary Vee who is a legendary entrepreneur and NFT investor. It is easy to see why MemeLand has built so much hype in such a short amount of time.
Marketing / Collaborations
One of the most notable accomplishments of the Memeland Team is their hosting an IRL exhibition at Times Square, Causeway Bay in Hong Kong from July 30th to September 25th. This is a one-of-a-kind exhibition and a first in NFT history. Memeland is getting paid to host this event and some of their sponsors include notable powerhouses such as Samsun, StockX, Coca-Cola, Alipay, and more.
Both The Potatoz and the MemeLand collection websites state that there is no roadmap that has been shared or publicized. However, the project’s mission is to empower creators by connecting Web2 and Web3 communities. In alignment with all things 9GAG, it wants to underpromise and overdeliver. MemeLand flex 9GAGs 14-year track record in community building and social media growth as their living testimony.
Moonbird Oddities is a collection of 10k pixelated Moonbird pellets created by the Proof collective and designed in collaboration with digital artist, Gremplin. The collection was first airdropped to holders of the Original Moonbirds collection on May 22nd but had its reveal earlier this week which was more than two months post their mint phase.
The Proof Collective is considered a blue-chip project and the current floor price of the 1k collection sits at 72 ETH at the time of writing. The floor price of Moonbird Oddities peaked at close to 4 ETH at one point, but the floor price has since declined after the reveal phase took place.
The current floor price of Moonbirds Oddities sits at 1.17 ETH, and the collection has seen more than 13.7k ETH worth of trade volume since first being airdropped for free a few months prior.
Total Supply: 10,000
Mint Price: free airdrop to Moonbirds holders
Current Floor Price: 1.17 ETH
Isekai Meta is a story and community-driven, hand-drawn 7,777 NFT collection and a metaverse brand with a core focus on storytelling. Isekai Meta is a Filipino-led project by Sayres, with co-founders Waps, Chev, and Frankied. The rest of the team comprises nine hand-picked individuals from different locations, including NYC, Canada, and Iceland. More of the team’s information can be found by accessing our exclusive WGMI Spotlight.
Despite having more than 209.2k Twitter followers and more than 37.8k Discord members and reducing their maximum supply, the project still had difficulty selling out during its initial launch. Later the team decided to raffle off the remaining supply to existing members which led to the collection selling out. I
sekai Meta is the most successful anime NFT project to launch within the last two months. Most anime-style NFT projects to mint lately have been unsuccessful, but Isekai Meta has been the exception. The collection has seen more than 2.3k ETH worth of trade volume on OS since launching six days ago, and the current floor price sits at 0.42 ETH.
Total Supply: 7,777 Public Mint Price: 0.15 ETH – 0.25 ETHCurrent Floor Price: 0.42 ETHWebsite: https://www.isekaimeta.com/Twitter: https://twitter.com/IsekaiMetaOpenSea: https://opensea.io/collection/projectisekaimeta
[ Ledger ] Market Pass
Ledger Market Pass Genesis Edition is a collection of 10k NFTs created by the same company responsible for the Ledger hardware wallets. Ledger is new to the NFT space, but they have already secured official collaborations with some top-tier blue chip projects, including RTFKT, Tag Heuer, and Deadfellaz.
Owning a Ledger Market Pass NFT grants access to the Ledger Market, which will be a secure platform for artists and brands to release their NFTs and a place where Ledger customers can securely connect through Ledger Live and clear sign their transactions.
Owning a Ledger Market Pass NFT will also grant holders access to exclusive collaboration opportunities as well as Ledger hardware, software, and other miscellaneous services. Each token holder will be able to redeem a limited edition black-on-black Nano X, of which only 10k will ever exist.
Redemptions for the Nano X are expected to take place sometime this Fall. The mint price for a Ledger Market Pass NFT was 0.3 ETH for whitelisted members, and the current floor price of Ledger Market Pass Genesis sits at 0.56 ETH.
Total Supply: 10,000
Mint Price: 0.3 ETH
Current Floor Price: 0.56 ETH
Upcoming Projects: Bangers
Esion Club is an anime NFT project produced by ‘Beautiful Noise’. Beautiful Noise is a South Korean record label founded by an underground South Korean hip-hop artist, “Mommy Son.”
Esion has all the makings of a top-tier anime art project when we look at the quality of art and the level of anime art techniques used (outlines, colors, and shadow overlays), and the team involved (Beautiful Noise Studio).
Much of the information surrounding this project is purposefully kept under wraps at this time. The main artist behind Esion is M_Li, and is from Seoul, S. Korea. His portfolio page can be viewed by visiting https://mlind.artstation.com.
Beautiful Noise Studios, a South Korean record label founded by hip-hop artist, “Mommy Son”, made their NFT debut around April 13th which is around the time they made their first Twitter post. The post included a link to Esion Club’s private Discord channel, in addition to information regarding their other anime project called Genesis_Senshi. Each project came with its own set of utilities, and by owning an NFT for one project, investors would gain access to the other upcoming projects.
The first collection of NFTs released by Beautiful Noise Studios was called “SLEEP EXHIBITION” and it has a total supply of 3,000 NFTs. It was announced that anyone who held three or more Sleep Exhibition NFTs would gain WL access to mint Esion in the near future, which helped the collection sell out in less than a minute during the mint phase. The second collection from Beautiful Noise Studios is Esion, which will be their first anime PFP project consisting of both male and female characters.
MOMMYSON is a well-known K-pop hip-hop artist in South Korea, who is also the founder of a record label called Beautiful Noise. He has a decent following on his social media pages as well as a reputation for being an honest and talented underground hip-hop artist. He has made numerous appearances in Korean variety shows and Korean rap battle competitions, so he is a well-known celebrity figure in S. Korea.
MLin_D is an undoxxed, relatively unknown, yet extremely talented anime and gaming character artist from South Korea with more than a decade of professional experience. Not much personal information about the artist is available except for his art profile, Instagram page, and his Twitter profile – all of which are provided below for reference.
Previous work and collaborations include:
- NeoPle_Dungeon & fighter: Character illustration
- SNK, Tencent_King of fighters: Character illustration
- JYP_Twice: Game collaboration & Character illustration
- Tencent_Dragon Raja: Character illustration
0xJee is an undoxxed engineering advisor and developer for both Genesis Senshi and Esion. It is unclear if he has worked on any other or previous NFT projects previously.
In terms of the anime art style and quality, Esion may be the best that we have ever seen in the NFT space when looking purely at aesthetics and the techniques that are used to create each piece. The latest high-profile anime project to launch was Isekai Meta and it did relatively well so there is a good chance that the previously popular ‘anime meta’ may be in the middle of a comeback.
Many anime-based NFT projects launched in recent months have had difficulty maintaining a floor price higher than the initial mint price. It is still left to be seen if Esion Club will be able to mint out of its entire 10k collection during the bear market with a mint price that is between 0.09 ETH to 0.15 ETH during this current bear market.
Phase 1 – Public Raffle (0.12 ETH)
July 29, 7:00 PM – July 30, 1:00 AM
Phase 2 – Whitelist (0.09 ETH)
Phase 2 – July 30, 1:00 AM 0 July 30, 1:00 PM
Phase 3 – Public (0.15 ETH)
July 30, 1:00 PM – July 31, 1:00 PM
Wonderers is a collective space in Web3. It aims to be a haven where the Web3 community can bond, share their dreams and aspirations, discover themselves, and build together the future of the internet. The project aims to do this by providing help and support through grants, free access to premium software suits, mentorships from industry experts, access to an exclusive blog, start-up support, and more. Ultimately, it appears that its vision for Wonderers is to mature into a one-stop free-to-access resource hub for its community, which alleviates barriers to dream jobs, careers, start-ups, projects, or businesses.
The collection is inspired by the founder’s own personal struggles of feeling lost and difficulties in finding direction in their own life. Through this heartfelt personal experience, the founder was inspired to create Wonderers NFT collection to help like-minded individuals embark on a journey of self-discovery with the goal of reaching their dreams. To do this, Wonderers aim to provide all of the resources and support mentioned above.
The art is aesthetically pleasing and it aims to blend together art and utility. The art is the central focus and core of the Wonderers collection with over 250 unique, curated, hand-drawn and hand-painted traits. The color palette is designed to emulate positivity, joy, warmth, and optimism.
Founder – The wanderers claim that its founder is the CEO of an established software development and outsourcing business. He/she is said to have more than 5 years of experience as a leader in tech start-ups, growth, innovation and management.
Co-Founder – The co-founder is stated to have more than 20 years of experience in financial management, leadership and human resources in the fashion industry.
Artist – The artist has worked for numerous brands and music artists, specializing in character art and album cover design.
This is the core team that information is provided on. Despite the credentials stated, there are no links to any socials, nor is there any proof.
The Wonderers vision and utility stand for a good cause in essence. The fact that the project revolves around helping others to reach their goals and achieve their dreams suggests very pure intentions. This is something we need to see more of in the Web3 space.
The art is clean and easy on the eye. The style is smooth and the color palette is vibrant. It is similar to LonelyPop which is a successful NFT project and the WGMI team thinks that it could be well received by the NFT community.
Lastly, the mint price and supply are reasonable. This is something that could attract the attention of many, ultimately leading to a successful mint.
Whilst the utility is very wholesome, there may not be enough demand for something like this in the NFT space at present. Even if there is a demand for it, it will be difficult to execute. With 3,000 token holders, there would be a lot of people with different wants, needs, and demands. This is something that Wanderers may not be able to keep up with, especially as the team appears to be so small at face value.
The lack of information or lack of doxxing in the team is also a reason for concern. Traditionally, degens like to bet on founding teams and their ability to execute. This is something that is not possible in this case.
We also have to consider the bearish market sentiment and external market climate. Many projects are failing to mint successfully, and Wonderers may also be at the mercy of the bear market.
Hidden Gem of the Week
Currently, very little has been revealed about Meadow Moon. Despite this, the project has garnered a decent following on Twitter, reaching over 42.2K followers with less than fifteen Tweets. What we do know, however, is that the project is being created by Mtchell Pardey, aka Meowmoon, and will be an NFT game available to play at mint. While no official NFT artwork has been revealed, we’ve been teased with a number of images that suggest it will take place on an island, which appears to be a tropical paradise. Giving off strong Harvest Moon-like vibes, with cute animals working together, showcasing what looks like a strong focus on community. Regardless of the lack of info, engagement on Twitter is rife with a promise that all who take part will be considered for WL.
As of now, no information is available on Meadow Moon’s roadmap meaning all we can do for now is speculate. Although, in an interview with IBT, founder Mitchell Pardey said that the game will be accessible at mint and it will contain many things that will delight token holders. He also stated that no utility will be required within the project. Considering the little we know, it’s a safe bet to say that NFTs held will act as avatars within the universe of Meadow Moon and there will be plenty of community-focused activities.
Founder – Mitchell Pardey (Meowy)
A game designer and cybersecurity degree holder turned degen, Mitchell already has an impressive portfolio to his name having worked on projects such as Artificial Intelligence Club, PxQuest, and Phantom Network according to the IBT article. At the age of 23, he has already made a 7-figure sum within the NFT space.
Advisor – Hunter
With 123.2K followers on Twitter, Hunter has established a strong name for himself within the space. He is the founder of ZenApe, a team member of both Ganster All Star and YouTube channel Crypto Gorilla. Hunter also works as an advisor for Memeland.
Advisor – Otto Suwen
Otto Suwen is a gaming NFT enthusiast with a whopping 241.6K followers. Although little is revealed of their background, they are followed by a variety of influential figures including WGMI’s very own BentoBoi and Kosher Plug.
Taking into consideration the little we know, there is still much reason to be bullish for Meadow Moon. The founder is clearly a well-established name in the general NFT community and he is backed by a number of big players in the space with more team members to be revealed for sure. The project is already sitting at an incredibly healthy 41K+ followers and has the eyes of plenty of blue tick accounts on it, which impressively, is more than many other projects that are about to mint. While it is far too early to consider this a sure thing, any new information is likely to create a snowball effect and build up the hype levels further. Meadow Moon is definitely a project to follow now in its early stages.
As with the reasons to be positive, it’s far too early to make any calls on why Meadow Moon may not succeed. There are, however, far more reasons to back this project than there are potential concerns. Of course, utility, roadmap, supply, and price will all be a factor but given the team, it’s unlikely that problems will arise with them. The only real issue that it may face is the uncertainty of the market – however, we have seen projects flourish regardless, and Meadow Moon looks as though it may follow suit.
“How to make money in NFTs” https://t.co/qYiMjqusoY
Is it possible to love NFTs too much? https://t.co/fDf0sRJmAR