NFTs are still nascent in the blockchain-based crypto-economy. Yet, NFTs have continued to garner the attention of blockchain and crypto enthusiasts worldwide. Many think NFTs are the centre of the blockchain and cryptocurrency space. —
The Funky Shrooms project, however, brings a unique and different twist to this fast-rising sphere. When compared to other NFT projects, Funky Shrooms starts with a unique and different idea. The project has carried out extensive research in a bid to revolutionize the NFT space.
In a report shared, the project highlighted some of the challenges faced by NFTs like:
1) Most of the around 10,000 NFTs available today are based on Generative Art and their project sinks after “Mint Date”.
2) How to stay relevant with all of the buzz around.
3) How difficult it is to retain the attention of users for a longer period of time. This is also because projects like this have low demand and high offers. A major example of this is projects involved in presale events, whitelisting, etc
Based on extensive research contouring economical and statistical results, 99% of the projects are failing after the mint date because their main concept is simply not working. There is a trend going on in the NFT space and it looks like this: Generative Art, 5000-10 000 NFTs launched at once, rarity created with multiple traits and a lot of hype for a single moment.
All of these factors are a recipe for disaster. This is what Funky Shrooms solved. It’s incredible by how the different and complex this project can be.
There are only 1025 NFTs in total. (25 Genesis, 1000 The Forest) .Their art is Hand Drawn 1 by 1. The NFTs are dropped in different ways and not all at once. (Weekly/daily drops, certain community events, stealth drop to Discord members etc).
All of the NFTs are dropped based on a rarity chart, so everyone knows exactly what to aim for . They are 100% community centered. Everyone has a loud voice in the community that can impose changes.They have an entire Discord Economy system. Where everyone makes money with their $SPORE token simply by playing the Discord games and engaging with the community . They have an extra-detailed roadmap to look for and Founders are fully known and there are multiple “Ask Me Anything” (AMAs) throughout the week, as well as They are focused on long term play with all the factors controlled and taken care of. Breeding, gaming and passive income are their main targets with a well made fully audited platform.
The team behind the project is working around the clock with full commitment. Finding a good team with a good project in the NFT craze space nowadays is like finding a diamond in a pile of dirt.
This is not a financial advice, but everyone who is looking for a solid project to invest their time in, that cares about their community and is not doing everything for financial gains, should allow 2 minutes of their time exploring their entire system, plans & roadmap. It might pay off cause this is not a regular NFT project, is an entire start-up!
Release ID: 89051765