Pokemon-inspired Metaverse Pixelmon NFT volume is pumping
Pixelmon NFTs are seeing a surge in popularity. What resulted in the revival of the pokemon-inspired Metaverse project?
The volume of Pixelmon NFT saw an increase of over 300% in the last week, according to DappRadar. The daily volume at the time of writing is almost $20,000 and the floor price is at 0.575 ETH.
Pixelmon: What is it?
Pixelmon is an open world NFT RPG. Players will be able to train, trade, battle and evolve their Pixelmon NFTs similar to pokemon when the metaverse is live. According to the roadmap on the official website, an alpha version of the game is set for release in January 2023. It will only be open to holders of the Pixelmon NFTs.
The project launched its first NFTs on 7 February. They raised $70 million from launch. The starting price for each NFT was 3 ETH. The token and land release is expected in January 2023.
Pixelmon disappoints with its first launch
The NFT launch was a huge success, but the team did not reveal the art at press time. The team revealed the art on February 25, more than two weeks after its launch. The delay in the art reveal was not the only factor in the disappointment.
Prior to launch, the Pixelmon team declared that the Pokemon-inspired Metaverse is set to be “the biggest, highest-quality NFT game ever seen.” However, the community was very shocked when the team revealed the art because it was nowhere near the “highest quality” promised.
The community believed that the project was deceiving people. Society claims that the team immediately bought stock models from MeshTint studio and upgraded them to voxel art. The team bought The chain Ape Yacht Club, Azuki and CloneX NFTs with the fund raised from NFT sales. However, Martin van Blerk, the 21-year-old founder who used the identity “Syber” in the past, explained that the NFT purchase was only the team buying the dip.
One of the species, Kevin, became a popular meme. It was so ugly that it invited mockery and became one trending meme. Ironically, people were expenditure 8-9 ETH on Kevin NFT, which is almost three times the mint price.
The Pixelmon comeback
Founder Syber assured that the team worked hard to correct the deficiency at launch after the setback. Web3 project aggregator LiquidX took over the project’s development under its new CEO, Giulio Xiloyannis.
The new team upgraded the artwork to polished 3D pet monsters. However, Kevin’s art has remained almost the same for the sake of the memes. The new team consists of leading game designers from RIOT, artists from BLIZZARD and other industry veterans.
The community bets hard ETH on the game and looking forward to the launch next year. However, some players refuses to touch the game.
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