There are 10 legendary CyberKongz from the OG collection that were all sold separately from the general mint, with these selling for around 20 ETH each on average.
The OG CyberKongz also allows you to earn 10 $BANANA every day.
That means for every single CyberKongz that you own from the OG collection, you’ll get 1 $BANANA every single day.
It’s best to store all of your OG CyberKongz in the same wallet so that you can save on gas fees.
This earning will last for the next 10 years and the $BANANA will slowly become the main currency of the CyberKongz universe.
You can already use it to breed Baby Kongz, but there are more plans for the future.
Then we come to the Baby Kongz.
These are 2nd generation CyberKongz and will cost you 600 $BANANA tokens to mint each one.
Cyberkongz nft price
Most usually, these types of NFT owners are gamers, and let us tell you why.
Certain NFT games like Axie Infinity, CryptoKitties, or My DeFi Pet allow users to breed new “animals”. What does that have to do with the infinite supply? Well, that means once you got two animals (Which are also NFTs), you can breed them and you’ll get a new pet that’s also an NFT.
To explain it in simpler terms, you can use your two NFTs to create a third one. Now you can see why a fixed total supply cannot work in such a game.
In order to allow breeding or a similar mechanism, you’ll need an infinite supply because new collectibles (animals in this case) are made all the time.
Pros of the infinite maximum total supply
- New mechanisms – As previously stated, this allows games to implement “breeding” which creates a new NFT in the process.
Cyberkongz nft price history
However, the number of owners doesn’t necessarily have to define the price.
ZED RUN NFT project has a high number of 29.3K owners, but the floor price is just 0.03 ETH.
There are many different variables that define the floor price:
- Is the project sold out? Projects that have a maximum total supply and are fully sold out, tend to have a higher floor price due to scarcity.
- How popular is the project? If the project has a high social media following, prices tend to be higher as well. Take CrypToadz for example, only 3K owners, but the floor price is 1.7 ETH due to their great social media presence.
- Utility – If the project has a utility tied to it, the floor prices tend to be higher as well.
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If you are a gamer, you’ll more likely aim for the infinite supply, however, if you are an art collector or reseller, you’ll prefer the fixed total supply.
Pros of the fixed maximum total supply
Cons of the fixed maximum total supply
- Price – It’s both a pros and cons, depending from which perspective you look at it. From the owners perspecitve it’s a pros because your NFT collectible is worth more, but if you are trying to get into the collectible world, most likely you won’t have hundreds of thousands of dollars to purchase one popular collectible.
Cyberkongz nft banana price
As you can see, NFT games are not limited to a specific blockchain.
- PolygonPunks – Similar to their distant relatives, CryptoPunks, but on another blockchain, Polygon. PolygonPunks have sold-out really fast, even though there are 10,000 of them made. They are one of the most popular NFT collectibles out there.
- Neon District – NFT Role-playing game that allows players to earn in-game NFT items.
Players can collect different characters, gear items, and then craft those gear items. Also, they can level up and play against other players.
- Avax Apes – Uniquely generated NFT collectibles that come in a variety of outfits, colors and accessories. This project has implemented something new to the NFT, rewards for holding.
Each Avax Ape holder can get back 10% of every minting fee.
ApeFollowApe soon became popularized, and hundreds of Apes would follow each other in those threads, making their presence felt on Twitter.
Soon, as the money rolled in from Bored Ape Yacht Club airdrops, individuals Apes began using their intellectual property licensing privileges and started NFT projects with their Ape NFTs at the helm.
Having an Ape became a ticket into a cool club that could lead to business opportunities and connections — something that still rings true today. BAYC has also provided its members incredible utility, including in-person events that have become the talked-about parties in the NFT community for the year.
Cyberkongz nft price-asc
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Cyberkongz nft priced
Others have developed all kinds of different online games where you can use the NFT in a bunch of different ways, whether that’s just an in-game avatar or even an item that you can use.
We are at the beginning of the NFT era, and all these use cases are still minimal, however, every new technology has to start small. Let’s take the internet, for example, it was invented for military purposes for a limited number of people, but several billion people use it nowadays including you and us.
In case you are wondering what are the current best NFT utility use cases, you should check out the Best NFT Utility rankings we have made for you.
Why some NFT collectibles have maximum total supply and others don’t?
You might have noticed how some NFT collectibles have a fixed amount of maximum total supply, while others don’t.
Cyberkongz nft pricey
December 2021, a couple of Genesis CyberKongz NFTs sold for several hundred thousand dollars. CyberKong #201 sold for 185 ETH, equivalent to $793,439 USD at the time, and CyberKong #46 sold for 96.6 ETH, equivalent to $414,304 USD at the time. The proceeds from these sales were sent to a national park and gorilla sanctuary in the Democratic Republic of Congo.
Aside from the market frenzy that followed there is an interesting community and crypto-inflected elements to the project, which we’ll go into below.
How to buy CyberKongz on OpenSea
The all-time average price of CyberKongz is 34.261 ETH ($67,120), so expect to pay around that cost to secure an NFT in the CyberKongz collection:
- Fund your wallet with cryptocurrency to buy your NFT. Most NFTs on OpenSea are bought and sold using Ether, the native crypto on the Ethereum blockchain.
Disclaimer: This page is not financial advice or an endorsement of digital assets, providers or services. Digital assets are volatile and risky, and past performance is no guarantee of future results. Potential regulations or policies can affect their availability and services provided.
Talk with a financial professional before making a decision. Finder or the author may own cryptocurrency discussed on this page.
CyberKongz NFT Collection Statistics
The CyberKongz NFT collection is made up of 1,000 assets, all of which are currently live. The collection-to-wallet ownership ratio is approximately 2.320 to 1, with a 7-day average price of 23.700 ETH ($46,430).
Lazy Lion NFTs.
The Lazy Lions is one collection that rose to prominence almost entirely because of its community. Like community-centric collections before it, Lazy Lions may be a good opportunity for networking and exploring business interests if you’re looking for an NFT collection in which to do that.
#9 – Gutter Cat Gang
- All-time sales volume: 15K ETH
- Floor price: 4.1 ETH
Gang-gang. It’s the moniker of those in the Gutter Cat Gang. Released on June 4th of 2021 with a mint price of 0.07 ETH ($194), the Gutter Cat Gang (GCG) started with just a collection of 3,000 cats.
The backstory of the collection is befitting of a collection that has animals with bandanas and tattoos: An Earth that humans have completely abandoned, leaving animal species to fight for dominance.