The NFT world has witnessed some amazing projects. This post is all about What is Pixel Vault NFT and its related features. Let’s take a look at it in more detail.
What is Pixel Vault NFT?
Pixel Vault is a remarkable non-fungible token (NFT) firm accountable for constructing various thriving NFT series. Pixel Vault mints its own line of NFTs and also delivers a platform developed to create or design NFTs at large.
With companions like Adidas and a huge $100 million investment from a small bunch of admirable investors, this is an NFT ecosystem any crypto and NFT fan should learn about.
Founded in 2021, Pixel Vault is an Intellectual Property expansion company concentrated on upgrading crypto-native assets over a combination of mediums. According to its official website, Pixel Vault pitched the world’s first multi-franchise web3 media development platform. Introducing the meeting of crypto, civilization, and community, Pixel Vault seeks to promote crypto-native assets over television, films, NFTs, video games, and sports.
Pixel Vault has made staggering development, creating and developing on current Intellectual Property to widen the space of the metaverse. The team presently concentrates on various properties:
The firm has taken the notorious CryptoPunks collection and grew on personality stories into various media stations in the web3 community. From there, Pixel Vault constructed MetaHero Universe, a blockchain-based pool of heroes, villains, and mutants that live in an ecosystem controlled completely by planet token holders. Beyond PUNKS and MetaHero Universe, Pixel Vault has begun its growth into the world of sports, brands, and gaming.
In October 2021, Pixel Vault disclosed its collaboration with WME to expand the firm’s IP into film, television, podcasting, and gaming. That same year, Pixel Vault revealed a cross-collaboration between their milestone franchise PUNKS Comic, Bored Ape Yacht Club, GMoney, and Adidas, unleashing 30,000 NFTs redeemable for fixed edition physical goods. The team also associated with Wagmi United in their purchase of Crawley Town Football Club.
What is the MetaHero Universe?
The MetaHero Universe is a complicated web of Daos within a Dao to hold and operate an in-development gaming platform, employing a framework that will be vigorously held, designed, and operated by collectors.
MetaHero Universe is composed of nine planets and one moon to be held and managed by their planetary DAOs. Each planet token denotes one bit of planetary DAO privilege. As a social and gaming platform, MetaHero Universe permits supporters to be more than just owners.
The community will vigorously create, manage, and hold the Universe via the United Planets DAO (UPDAO), a major DAO handled by each of the planetary DAOs. Each planet will be its own distinctive interactive background, delivering earnings options to the DAOs and participants via land-based deals, environmental aids, wearables, gameplay, and more as managed by the community.
What is PUNKS Comic?
Pixel Vault is possibly best identified for its creation with the CryptoPunks NFT collection. Pixel Vault was developed on CryptoPunks with comics and other NFT media. It also operates the MetaHero Universe, a metaverse pool game where players accumulate superheroes, villains, and mutants that live in a galaxy of planets, which are controlled by planet token holders.
Both the PUNKS and MetaHero Universe need to utilize a Web3 wallet. You can see NFTs from different unique collections in marketplaces like OpenSea. Due to collaborations with prominent brands and its current hits, Pixel Vault will probably extend its offerings over time to contain new pools beyond the PUNKS and MetaHero NFTs documented as of today.
The firm was established by GFunk and Beanie, two famous people in the NFT space. They had a concept of establishing a Web3 trademark as a big media group, with community-owned assets and decentralized management.
GFunk rose to gather sports cards, which transitioned into a love of NFTs. To embark on the project, he teamed up with Beanie, who donated 13 of the 16 CryptoPunks that Punks Comic #1 describes the account of.
The wonderful art is accomplished by Marvel and DC Comics artist Chris Wahl, and head storyteller Josh Blaylock is the innovative power behind the tales from Pixel Vault. The purpose of Pixel Vault is to eventually cast a video game focused around the MetaHero Universe, in addition to narrating stories of the digital assets in the comics.
Some of the Major NFTs by Pixel Vault
1) Punks Comic #1
In May 2021, 10,000 Punks Comic #1 NFTs proceeded on sale for a cost of 0.2 Ethereum each. This is the genesis NFT of Pixel Vault. The narrative in this comic is how Beanie moved from a humble busboy to a kingpin in the NFT world. The game theory implicated in Punks Comics is that users can either carry, stake, or burn them. Holders could also proclaim a unique physical copy marked with a special serial number. Staking the comics makes $PUNKS tokens, which denote partial privilege of the 16 CryptoPunks employed in the story. If you burned it, you gain a Founder’s DAO NFT, which means the partial right of the outcomes contained in the Founder’s DAO.
2) Elite Ape Entry Coins
These ape holders were to hold unique edition comic NFTs constructed with their Ape’s configurable art on the surfaces. To mint these unique edition comics during a specific window, users had to burn an Elite Ape Entry Coin. These coins could be proclaimed by owners of Pixel Vault NFTs, Bored Ape Yacht Club owners, and Mutant Ape Yacht Club owners.
3) MetaHero MintPass #1
MintPass #1 was assigned to Punks Comic #1 owners through a declaration in July 2021. When burned, it produces a generative MetaHero Identities NFT (3.99 Ethereum floor) and the related Planet DAO token. Keeping it provided holders a possibility to obtain a core MetaHero Identities NFT, which are much more occasional than others and have extra advantages to Pixel Vault — only 146 currently in total.
4) MetaHero Identities and $POW
MetaHero Identities are the basis of the MetaHero Universe. There are two kinds: generative and core. The Generative Identities can be proclaimed by those burning a Mintpass #1. Core MetaHeroes were assigned haphazardly over to those who decided to maintain their Mintpass #1. The rare Core heroes present grown advantages including gain sharing, future free mints, and much more.
An utmost of 9,678 generative MetaHeroes can stay, and 146 core MetaHeroes. There are villains, heroes, and mutant MetaHeroes. Owners of MetaHeroes can stake their NFTs to make the MetaHeroes money, $POW. Each betted one presently makes approximately 9,600 $POW per month, which can add up quickly. At the time of writing this, the $POW token price is sitting at $0.02519.
How To Purchase Pixel Vault NFTs?
In order to purchase Pixel Vault NFTs, users require a Web3 wallet, like MetaMask or Coinbase Wallet. After installing the preferred wallet, users can add funds to their wallet. They can either purchase crypto with a selected centralized exchange or transfer the funds to their Web3 wallet.
Ultimately, go to the browser to the NFT marketplace of your choice. Locate the NFT you want to purchase, connect your wallet, sign the transaction, and stay for the NFT to materialize in your wallet.
Pixel Vault’s purpose is to be the Marvel of NFTs, creating on the IP of digital assets, and they are nicely on their course — beginning with Punks Comic. Their intricate ecosystem of comics and personalities is conveying effective storytelling to Web3, concentrating on decentralization and community ownership.
You might also like
More from Altcoin
In this Polkadot price prediction article, we take a fundamental look at the Polkadot project and analyze DOT technically.
The NBA and National Basketball Players Association (NBPA) just announced that they would team with Web3 firm Sorare to build …