- Meebits is a Non-Fungible Token (NFT) algorithmically developed with 20,000 unique 3D-voxel characters available on the Ethereum Blockchain.
- The NFT offers a Metaverse-ready avatar for collectors, artists, and investors.
Meebits, a 20,000 unique 3D voxel character developed by a custom generative algorithm, is registered over the Ethereum blockchain. The sales of the NFT range between $80,000 to 10,000, and the price rose by 100.00% in the past 7 days. Also, 8 Meebits were sold for more than $1 million each, and one of the sales was close to $3 billion representing potential growth of Meebits in the marketplace.
History of Meebits
The concept was first introduced in 2021 by Larva Labs, the team that developed the CryptoPunks collection. Matt Hall and John Watkinson, the two co-founders, have been working on the project since 2005. In March 2022, Meebits was acquired by Yuga Labs and sparked the interest of individuals toward the NFT. Yoga Labs offered the individual owner commercial rights and IP addresses and began a new era in NFTs.
Meebits can be used as avatars in the Metaverse or profile pictures on social media. Also, the files embedded with each NFT help carry out the 3D print of the Meebits to develop a physical print of art. The enhanced investment in Web 3.0 and Metaverse by companies played a vital role in the enhanced popularity of Meebits.
Meebits is broken down into seven basic types to offer an outstanding experience to the users. Humans, skeletons, and pigs are some common types widely used in the Metaverse and involve varying traits such as hats, glasses, tattoos, and hairstyles. All these traits and characteristics ensure that each individual holds a unique quality and identity. The concept provides an exact match to the individuals that enhanced the popularity of the same in the world.
Human is one of the most common types of Meebits that make around 18,881 types of characters. In contrast, Dissected is the rarest Meebits capable of creating only 5 characters out of 20,000.
How can you buy Meebits NFT?
Meebits are the best fit for Metaverse and are ready to be used in the Virtual Reality (VR) and Augmented Reality (AR) atmosphere. The term is becoming popular among individuals who want to use their digital currency diversely instead of just owning and trading.
The floor price of Meebits remained stable at $4,000 from August 2022 to the day of writing, June 2023. Also, the most expensive Meebits NFT ever sold was around $48,190 million in January 2022.
Meebits NFTs are available on various NFT marketplaces and networks. One of the most reliable and safe platforms for buying and selling Meebits is Meebits Marketplace. An individual must have a cryptocurrency wallet supporting ERC-721 tokens and Ethereum to transact. Individuals can use MetaMask, Trust Wallet, and Coinbase Wallet, and the Meebits NFTs are directly transferred to the wallet once making a purchase.
Conclusion
Meebits NFTs were developed by Larva Labs in 2021 and will be acquired by Yuga Labs in 2022. It is a collection of 20,000 3D voxel pictures which owners can use as Profit pictures on social media sites or avatars in Metaverse. Humans, pigs, and skeletons are some famous Meebits, whereas Dissected is the rarest type of Meebits used worldwide.
