Moonbirds holders explore options for Chronocatz NFT investments
Place/date: – 24 October 2022 at 14:45 UTC · 3 min reading
Source: Chronocatz
The crypto market has seen the entry of several NFT-based projects since 2021. However, two artwork-based NFT projects – Moonbirds and Chronocatz – are currently in the limelight. Investors evaluate both projects. However, market bulls favor Chronocatz due to its real utility and stable business roadmap. If you are new to NFT investing, Chronocatz can make you a fortune.
Moonbird still in demand, but not as convincing as before
Moonbirds is a collection of 10,000 artwork NFTs. Moonbird’s NFTs were issued on the Ethereum network. It was created as part of the Proof Collective, which is a recognized collective for private members of NFT collectors and artists.
Moonbirds is a simple collection of 10,000 pixel art owls. Currently, the 10,000 NFTs have been held by 6,570 unique owners. The Moonbirds project has developed rapidly due to its association with Proof Collective’s success. Moonbirds is one of the leading NFT collections in the crypto world. Moonbirds peaked in April 2022, garnering around $300 million in secondary sales in a matter of days. Notably, the cost of a Moonbird NFT has jumped from 2.5 ETH to 30 ETH in a matter of weeks.
Since launching in April 2022, Moonbirds has grown in popularity until recently, when it was caught up in an IP-related policy. Things have changed now. Several market hurdles, including the recently emerged controversy over intellectual property rights, have caused the Moonbirds to fall. Also, stiff competition from other similar projects like BoredApe, Doodles and Azuki has made Moonbird’s journey tougher.
Bulls favor Chronocatz for real-world engagement
The Chronoly project is making a major entry into the crypto market and has launched a new collection of NFTs called Chronocatz. The recently launched NFT collection, Chronocatz, is based on Chronoly’s decentralized trading platform for luxury watches. Chronocatz is a unique collection of 7777 image-based NFTs, which are represented by cat characters. Each cat character has unique characteristics and features such as different fur, clothing and accessories.
The key feature of each Chronocat NFT is the luxury watch worn by the feline character. Each watch worn by the cats is a real watch from high-end multinational brands such as Rolex and Patek Phillippe. The system of Chronocatz will consist of 6 levels, and each level will be determined by the rarity of the NFT. Only holders of Chronocat NFTs will be granted access to a private members watch club, which will be called the “Chrono Wealth Club (CWC).”
Members of the CWC will be entitled to several benefits, such as access to exclusive NFT drops, higher stake returns, private auctions and live events. They will also receive exclusive discounts and dedicated concierge services. Exclusive access to networking events, merchandise and parties in the digital and real world. Chronocatz NFT avatars can be used to unlock special rooms and features in the Chronoly ecosystem.
What makes Chronocatz NFTs stand out from other NFT projects is that it provides real-world utility. Phase 1 (Private Mint) of Chronocatz sold out, and over 1,300 NFTs were sold during Phase 2 (Whitelist). The public minting of Chronocatz is now live.
Disclaimer: Coinspeaker is not responsible for the reliability, quality, accuracy of any material on this site. We recommend that you conduct your own research before making any decisions related to the products/companies presented in this article. Coinspeaker is not responsible for any losses that may occur due to your use of services or goods presented in the press release.