An NFT Project Developed Over the MMORPG Theme
There has been a misreading that Massively Multiplayer Online Role Playing Games (MMORPG) are dying and declining in popularity. However, the reality is far away from the words as the concept is gaining popularity in the gaming as well as crypto landscape. The introduction of the 77-Bit NFT project is based on the MMORPG theme helping individuals interconnect games with the reality offering physical experience. It is a collection of 7,777 Avatars that become the digital identity and offer access to the 77-Bit universe. The collection was released in April 2022 by Fanfaron to provide an outstanding experience to gamers by integrating their characters into Manga and Anime, physical experience, and NFT drops.
An Overview of 77-Bit NFTs Project
77-Bit is a set of 7,777 NFTs of the ERC token standard running over the Ethereum platform and the tokens are the images of characters known as Ronins. The NFTs will become payable characters with the introduction of the 77-Bit video games to the general public in the near future. The NFT allows linking and acquiring one of the weapons with the NFT character which will change the token’s metadata.
It is a collection of different attributes including costume, facial features, hand gears, weapons, backdrop, etc. 77-Bit NFTs include 4072 Guys, 3205 Girls, 11 Cyborgs, 420 Apes, and 69 Punks.
The main purpose behind the idea introduction is to bridge the gap between play-to-earn projects and AAA games along with offering players to earn cryptocurrency. The vision of 77-Bit is to emerge as a video game in MMORPG style offering users engaging content and entertainment value.
The 77-Bit ecosystem is categorized into two zones offering an outstanding experience to the users. The first zone is the typical metaverse which allows users to have fun in the virtual space along with interacting and trading with other participants. The second zone is chaos mainly emphasizing the gaming concept and allowing players to fight monsters to collect rare artifacts. Simply, it is a complete package for entertainment, earning, and a remarkable experience.
Ronin #6104, Ronin #2388, and Ronin #1671 are some most expensive NFTs sold for $45k, $37K, and $40K respectively.
Current Value And Future State
The 77-Bit NFT collection was released by the end of April 2022 and the collection showed great demand with an average price of 1.4 ETH per NFT.
Currently, the total volume is 20.99K ETH with a market cap of 728.59 ETH. The floor price of 77-Bit NFT is 0.077 ETH and the trading volume is 0.7236 ETH with 7 sales in the past 24 hours. Also, the NFT has around 2,656 holders at present of which 34.15% are unique holders holding at least one NFT of the collection. The decline in the number of holders from 2,665 to 2,657, in the past seven days could be one of the main reasons behind the sales decline. Also, no activities were carried out by the Whales in the past seven days which also affected the sales of 77-Bit NFTs.
Individuals wishing to purchase the 77-Bit NFTs can visit the secondary marketplaces including X2Y2, OpenSea, and LooksRare, and simply need to connect the Crypto wallet to these platforms.
Conclusion
77-Bit NFT is a collection of 7,777 characters developed over the MMORPG theme to attract gamers and investors interested in the crypto market. The NFT is going to acquire a strong position in the metaverse as well as the gaming landscape in the near future.
Andrew is a blockchain developer who developed his interest in cryptocurrencies while his post-graduation. He is a keen observer of details and shares his passion for writing along with being a developer. His backend knowledge about blockchain helps him give a unique perspective to his writing
