Simple Guide on Pixel Vault: What is Pixel Vault NFT?
The NFT world has witnessed some amazing projects. This post is about What is Pixel Vault NFT and associated functions. Let’s take a look at it in more detail.
What is Pixel Vault NFT?
Pixel Vault is a notable non-fungible token (NFT) firm responsible for constructing various thriving NFT series. Pixel Vault creates its own line of NFTs and also provides a platform designed to create or design NFTs in general.
With companions like Adidas and a massive $100 million investment from a small group of admirable investors, this is an NFT ecosystem every crypto and NFT fan should learn about.
Founded in 2021, Pixel Vault is an intellectual property expansion company focused on upgrading cryptonative assets across a combination of media. According to the official website, Pixel Vault launched the world’s first multi-franchise web3 media development platform. Introducing the meeting of crypto, civilization and community, Pixel Vault seeks to promote crypto-native assets across TV, movies, NFTs, video games and sports.
Pixel Vault has made staggering progress, created and developed on current intellectual property to expand the space of the metaverse. The team is currently concentrating on various features:
The firm has taken the infamous CryptoPunks collection and grown on personality stories to various media stations in the web3 community. From there, Pixel Vault constructed the MetaHero Universe, a blockchain-based pool of heroes, villains and mutants living in an ecosystem controlled entirely by planet token holders. Beyond PUNKS and the MetaHero Universe, Pixel Vault has begun its growth into the world of sports, brands and games.
In October 2021, Pixel Vault revealed its partnership with WME to expand the firm’s IP into film, television, podcasting and gaming. That same year, Pixel Vault revealed a cross-collaboration between their milestone franchise PUNKS Comic, Bored Ape Yacht Club, GMoney, and Adidas, triggering 30,000 NFTs redeemable for fixed-edition physical merchandise. The team also associated with Wagmi United in the purchase of Crawley Town Football Club.
What is the MetaHero Universe?
The MetaHero universe is a complicated web of Daos within a Dao to hold and run a game platform in development, using a framework that will be energetically held, designed and run by collectors.
The MetaHero Universe consists of nine planets and one moon to be held and managed by their planetary DAOs. Each planet token denotes a bit of planetary DAO privilege. As a social and gaming platform, MetaHero Universe allows supporters to be more than just owners.
The community will energetically create, manage and hold the universe via the United Planets DAO (UPDAO), a large DAO managed by each of the planetary DAOs. Each planet will be its own distinctive interactive backdrop, delivering revenue options to the DAOs and participants via community-managed land-based deals, environmental aids, wearables, gameplay, and more.
What is PUNKS Comic?
Pixel Vault is possibly best identified for its creation with CryptoPunk’s NFT collection. Pixel Vault was developed at CryptoPunks with comics and other NFT media. It also operates MetaHero Universe, a metaverse pool game where players collect superheroes, villains and mutants living in a galaxy of planets, which are controlled by planet token holders.
Both PUNKS and MetaHero Universe must use a Web3 wallet. You can see NFTs from various unique collections on marketplaces like OpenSea. Due to partnerships with prominent brands and its current hits, Pixel Vault will likely expand its offerings over time to include new pools beyond the PUNKS and MetaHero NFTs documented as of today.
The company was established by GFunk and Beanie, two well-known people in the NFT space. They had a concept of establishing a Web3 brand as a large media group, with community-owned assets and decentralized management.
GFunk rose to collect sports cards, which transitioned into a love of NFTs. To take on the project, he teamed up with Beanie, who donated 13 of the 16 CryptoPunks whose account Punks Comic #1 details.
The amazing art is done by Marvel and DC Comics artist Chris Wahl, and lead narrator Josh Blaylock is the innovative force behind the Pixel Vault stories. The purpose of Pixel Vault is to eventually cast a video game focused around the MetaHero universe, as well as tell stories about the digital assets of the comics.
Some of the big NFTs from the Pixel Vault
1) Punk’s #1 Comic
In May 2021, 10,000 Punks Comic #1 NFTs were sold for a price of 0.2 Ethereum each. This is the origin of NFT to Pixel Vault. The story in this comic is how Beanie moved from a humble busboy to a king in the NFT world. The game theory involved in Punks Comics is that users can either carry, stake or burn them. Proprietors could also proclaim a unique physical copy marked with a special serial number. Staking the comics creates $PUNKS tokens, which designate partial privilege to the 16 CryptoPunks employed in the story. If you burned it, you get a founder DAO NFT, which means partial rights to the outcomes of the founder’s DAO.
2) Elite Ape Entry Coins
These monkey holders would hold comical NFTs in unique editions constructed with their Monkey’s configurable art on the surfaces. To mint these unique cartoons during a specific window, users had to burn an Elite Ape Entry Coin. These coins can be claimed by owners of Pixel Vault NFTs, Bored Ape Yacht Club owners and Mutant Ape Yacht Club owners.
3) MetaHero MintPass #1
MintPass #1 was awarded to Punks Comic #1 owners through a declaration in July 2021. When burned, it produces a generative MetaHero Identities NFT (3.99 Ethereum floor) and the related Planet DAO token. Keeping it gave holders an opportunity to acquire a core MetaHero Identities NFT, which are much more sporadic than others and have added benefits to the Pixel Vault – only 146 in total at the moment.
4) MetaHero Identities and $POW
MetaHero identities are the foundation of the MetaHero universe. There are two types: generative and core. The generative identities can be proclaimed by those who burn a Mintpass #1. Core MetaHeroes were awarded randomly to those who decided to maintain Mintpass #1. The rare Core heroes present growing benefits including profit sharing, future free coins and much more.
A total of 9,678 generative MetaHeroes can become, and 146 core MetaHeroes. There are villains, heroes and mutant MetaHeroes. Owners of MetaHeroes can stake their NFTs to earn MetaHeroes money, $POW. Each bettor currently earns approximately $9,600 POW per month, which can add up quickly. At the time of writing it is $POW token the price is at $0.02519.
How to buy Pixel Vault NFTs?
To buy Pixel Vault NFTs, users need a Web3 wallet, such as MetaMask or Coinbase Wallet. After installing the preferred wallet, users can add funds to the wallet. They can either buy crypto with a chosen centralized exchange or transfer the funds to the Web3 wallet.
Finally, go to the browser of the NFT marketplace of your choice. Find the NFT you want to buy, connect your wallet, sign the transaction and wait for the NFT to materialize in your wallet.
Conclusion
Pixel Vault’s purpose is to be the Marvel of NFTs, creating on the IP of digital assets, and they’re well on their way – starting with Punks Comic. Their intricate ecosystem of comics and personalities conveys effective storytelling to Web3, centered on decentralization and community ownership.
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