What are Moonbirds NFT Feature Image

What are Moonbirds? The New NFT by PROOF Collective

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Since they began the minting process, Moonbirds have been growing rapidly in popularity throughout the metaverse and are now a major point of interest in the NFT world. If you’re looking to learn more about this incredible non-fungible token, you have come to the right place. Keep reading to uncover everything you need to know about the past, present, and future of the Moonbirds NFT.

If you are new to the metaverse, you might be asking yourself, “What is an NFT, anyways?” Non-fungible tokens, or NFTs as they are more commonly known, are blockchain-based tokens that represent ownership of a unique piece of digital content, art, or media. In other words, when you purchase or sell an NFT, you are trading an irrevocable digital certificate of ownership for a particular digital asset.

Most of these tokens are Ethereum-based, which means that their value more or less depends on the value of ETH.

What Are Moonbirds?

The unique collection of Moonbirds NFTs was publicly launched in April of 2022. Since then, Moonbirds have been catching the attention of experienced NFT traders and crypto newbies alike. Moonbirds are a collection of 10,000 non-fungible tokens that feature unique and diverse portraits of owl avatars. When you purchase a Moonbird, you will gain the rights to exclusive ownership and use of the corresponding digital art token. 

Exclusive Access

Moonbirds are more than just expensive avatars. When you purchase ownership of a Moonbird token, you will also be invited into a private virtual club that you can access through a gated Discord server. As a member of this online club, you will receive exclusive invites to digital and in-person events. You will also be one of the first people to hear the news about upcoming projects and products by the team behind Moonbirds.

Depending on how long you hold your Moonbird, you may even receive additional benefits and perks of ownership through their nesting function. 

Nesting

The nesting function is something that is unique to a Moonbirds NFT. According to their official nesting website, connecting your Moonbird will allow it to begin accruing rewards and additional benefits. In other words, this is the project’s equivalent to NFT staking. When you connect your Moonbirds token to the nesting function, you will be unable to resell it on the secondary marketplace until it is removed. However, there is much to gain from hanging on to it and keeping it tucked away within its nest.

As your total nesting time increases, you will watch your Moonbird level up, upgrading their nest. After 30 days of nesting, your Moonbird will reach a new tier, and will receive corresponding rewards. Nesting rewards can include things like in-person events, free merchandise, airdrops, and more.

Recent Launch

The Moonbirds NFT was launched quite recently, on April 16th, 2022. Since then, the collection has sold out through their official site. The tokens were minted and sold initially for 2.5 ETH each. The creators of Moonbirds NFT will also receive 5% royalties on each secondary sale. Shortly after launching, the floor price surged up to 36 ETH, which is worth close to $100,000 (USD). The much-anticipated nesting function launched on April 22nd. Now, the token holders are allowed to connect their wallets and upgrade the nest of their Moonbird over time. After 30 days in the nest, Moonbirds NFT holders will unlock their first reward.

Who is Behind Moonbirds?

The organization behind the Moonbirds project is a group of NFT trailblazers who formed a group named PROOF. This is also the organization that created the PROOF Collective and Grails project.

PROOF Collective

PROOF was originally founded by Kevin Rose and Justin Mezzell, who are both well-known figures when it comes to NFTs. It is now an exclusive virtual community that is only accessible to the 1,000 people that own a PROOF Collective NFT. The floor price for this NFT sits at an impressive 140 ETH, which amounts to a whopping $420,000 (USD). 

Future Plans for Moonbirds NFT

The proceeds from Moonbirds will be funnelled back into the advancement of PROOF as a company. After the mint of Moonbirds NFT, Kevin Rose posted a YouTube video that highlights his future plans for the non-fungible token. Here, he details his plans to transform PROOF into a world-renowned media company by expanding its team of experts and professionals and launching new products and projects. These advancements will also lead to the creation of additional value for Moonbirds NFT owners.

Moonbirds Launch – CEO, Kevin Rose

As it sits, the number of users in the metaverse is increasing rapidly. However, the connections that people make and the communities that they form have been practically nonexistent. PROOF aims to spice up the virtual new world by introducing projects and products that will increase connections and eliminate the feeling of a digital ghost town within the metaverse.

One of these projects that Rose references is called Project Highrise. This will be an expansion to the PROOF and Moonbirds metaverse. Project Highrise aims to be a unique and interactive take on the metaverse, where token holders can interact and engage with one another and develop a richer sense of community within the metaverse. published

Project Highrise by PROOF
Project Highrise by PROOF

Final Thoughts

People are drawn to Moonbirds NFTs for their unique art details and amazing benefits, including the nesting feature. So whether you are just learning about trading NFTs or have plenty of experience in the world of crypto, Moonbirds have probably piqued your interest in one way or another. 

Since launching in April, this brand NFT has sold out quickly and taken the crypto world by storm. These diverse tokens offer many exciting benefits to those who own them, including access to an exclusive Moonbirds virtual community through the PROOF Discord.

In addition, nesting your Moonbird tokens and upgrading your nest will lead to some incredible perks for you, such as invitations to in-person events, free merchandise, and exclusive access to information regarding the Moonbirds community.

Disclaimer
All articles published on Coinmash are strictly for informational purposes only. Any action that is taken from reading content published on this website is done at your own risk. 

About the Author
James Satoshi
James Satoshi
James is a leader in Web3, NFTs, & DeFi. You'll spot him covering all topics through-out Coinmash - some say he's so good he doesn't even seem real.