2021 was the year of NFT hype, and one project that earned huge popularity was the MekaVerse. This collection of NFT robot warriors excited the digital community, and despite bear market conditions it is still going strong. Read on to discover all you need to know about MekaVerse, the Citadel, and the MekaVerse game.
What is MekaVerse NFT?
The MekaVerse is an NFT project featuring 8,888 robot warriors. Each robot is crafted with its own set of unique traits by the power of algorithms. These robots, called “Mekas,” pay homage to the classic mecha from Japanese pop culture – giant war machines piloted by humans, ready to battle it out in the virtual world.
The team behind the MekaVerse carefully put the finishing touches on each robot. This ensures a consistent look and feel across the collection while still keeping each NFT one-of-a-kind. And their ambitions don’t stop there. From Meka-themed apparel to 3D models and short films, the MekaVerse has big plans for the future.
Is it a Game?
The Meka-Citadel, a game for all users featuring the MekaVerse NFT project, is now available on Core Games. Here, where you can interact with other Meka enthusiasts and enjoy everything the MekaVerse has to offer. Meka holders can go to the ‘Hangar’ to view all that Meka has to offer.
The MekaVerse Citadel is a work in progress and we can expect regular updates with new experiences, environments, and lore. Further, the Meka team is continuing to update the Citadel and bring more utility to holders. At present, Meka Drivers have exclusive access to the World Map and can earn huge rewards! Holders have the power to control their own Driver, with in-game customisation.
Who Created MekaVerse?
Matt and Mattey, two European digital and graphic artists, were the primary figures behind the MekaVerse project. They collaborated with Julien van Dorland, an experienced NFT expert. Then, in late August 2021, the MekaVerse made its social media and Discord accounts accessible to the public to showcase their NFT artwork. This was the starting point for the project’s success.
How Much Did MekaVerse Mint For?
The MekaVerse project initiated a public raffle in early October 2021, with participants registering nearly 173,000 wallets to enter for a chance to mint NFTs featuring either one or two Mekas. The minting window saw 8,593 NFTs, with each NFT being sold for 0.2 ETH ($725). The public raffle winners had the opportunity to make their NFTs public on the NFT marketplace OpenSea.
How Much is a MekaVerse NFT Now?
The median price for a MekaVerse NFT in February 2023 is lower than its peak in mid-December 2021, which was around $4,500. Some NFTs have sold for even more, with some reaching hundreds of thousands of dollars when the project first launched.
As of February 2023, the median price for a MekaVerse NFT is 0.26 ETH, approximately $435. The most expensive MekaVerse NFT sold to date is #2194, which sold in late December 2021 for over 500 ETH, roughly $1.8 million at the time.
NFTs in its Ecosystem
There are many NFTs in the MekaVerse ecosystem. The core of the MekaVerse is the Meka collection, divided into four factions: Original Mekas (OG), Mirage (MI), Gadians (GAI), and F-Nine (F9). The OG Mekas, with over 4,500 NFTs, are known for their stoic features and heavy armor. The MI Mekas are known for their speed, accuracy, and sleek design. The GAI Mekas have a calm and mysterious appearance with wide Asian-style hats. The rarest faction, the F9 Mekas, have round helmets and intricate body armor.
Is MekaVerse a Rug?
Like many NFT projects, MekaVerse project has faced challenges and skepticism. Initially, there were some setbacks in releasing NFT images that caused a loss of momentum before launch. Later, allegations of fraud arose on Twitter after the launch, with claims that some buyers had access to NFT metadata, giving them an advantage in purchasing high-value NFTs at lower prices.
Critics have also pointed out the lack of uniqueness among the NFT images, with some appearing to be simply color-swapped. Additionally, NFTs that once sold for hundreds of thousands of dollars now only sell for hundreds of dollars.
However, we must remember that we are in a bear market. Many long-standing blue-chip NFTs have lost a significant amount of value – yet the communities are still thriving and the projects continue to run.
Final Thoughts on MekaVerse NFT
A highly anticipated release, the MekaVerse NFT collection attracted both collectors and investors. Despite the popularity of the mecha-themed artwork, the value of the NFTs took a hit during the cryptocurrency market downturn in 2022, and this led to questions about the project’s viability. However, the MekaVerse team has plans for the future, including bringing the collection into the physical world with merchandise and giving current NFT holders the chance to receive “weapons” and “companions” for future games or events through airdrops.
All investment/financial opinions expressed by NFTevening.com are not recommendations.
This article is educational material.
As always, make your own research prior to making any kind of investment.