What is CyberKongz?
CyberKongz is a set of 1,000 NFTs containing 34×34 pixel images of unusual, distinctive, and randomized monkeys. Only 989 of the original 1,000 NFTs were sold on OpenSea, CyberKongz #810 was retained as the project’s mascot, and 10 CyberKongz Legendary were sold two weeks later.
Despite the lack of a pre-release advertising effort, the project attracted a lot of interest from NFT fans and CyberKongz avatars immediately became popular on social media.
You’d be hard-pressed to find PFP projects that have been around longer than this one, which was given to the public on March 3, 2021. A total of 989 Genesis CyberKongz were made available for purchase at a cost of 0.01 ETH each. The concept quickly gained traction in the following weeks. This resulted in the sale of 11 legendary Kongz for a total of 200 ETH.
Everything changed for Kong holders on April 17. The project switched to a new contract, which allows for the addition of all new utilities for holders. Holders now have the following new features:
Over time, CyberKongz has evolved into a community-based initiative in which NFT engineers and community specialists dedicate their talents to the development of community ideas. It evolved over time from a humble PFP project to a passive income generating machine.
Later, the project created two more NFT collections: 4,000 Baby CyberKongz and 15,000 CyberKongz VX. The CyberKongz VX 3D Collection, in addition to successfully growing the CyberKongz community, allows owners to use their NFTs in multiple metaverses.
When it comes to this universe, there are four key words to understand:
- Genesis CyberKongz – The original collection of 2D avatars
- Baby Kongz – Result of “breeding” two genesis CyberKongz
- CyberKongz VX – 3D Voxel based avatars
- BANANA Token – Native token for CyberKongz owners
Characteristics
Each NFT in the collection consists of the following 4 properties:
- Genesis Trait has 62 different types, including: square sunglasses, gold glasses, eye patch, ….
- Legendary Trait has 10 different types including: Astronaut, Devil, Ghost,…
- Type has only one type, Genesis
- Birthday is a marker for the birth of each NFT in the collection and is randomly numbered between 1618607943 and 1631762429.
Main stats
- NFT Collection Name: CyberKongz
- Classification: PFPs
- Total NFTs: 1,000 NFT
- Blockchain: Ethereum
- Number of features: 4
- NFT contract: 0x57a204AA1042f6E66DD7730813f4024114d74f37
NFT utility
The BANANA cryptocurrency, the token of the CyberKongz utility, was created by the team. All Genesis CyberKongz holders will receive 10 BANANA tokens every day for the next ten years as a thank you for their early support of the project. These tokens can be exchanged for cash, used to breed Baby CyberKongz, or burned to give them special abilities.
In addition, NFT holders can rename their NFTs by investing in some BANANA tokens. All holders also get access to a private Discord channel exclusively for holders.
With each choice, the team clearly prioritizes the owners. For example, owners have full NFT commercial rights to the 2D and 3D versions of their CyberKongz. Moreover, the advanced tokenomics in the ecosystem have been created with the intention of benefiting the owners in the long run. Users can also use NFT as their avatar on social networking sites or Metaverse services like The Sandbox.
How much does CyberKongz generate?
Each Genesis Kong grows 10 BANANAS every day and will continue to do so for the next 9-10 years. When we first looked at this collection, that was $480 in passive returns each day. At BANANA’s current price at $0.46, it’s more close to $4.6 per day.
While not insignificant, it represents a major drop from the previous year. BANANA is currently owned by about 500 wallets. Nevertheless, with additional utility on the way, this is a token to keep an eye on.
BANANA can now be used to:
- Write your bio as 100 BANANA.
- 10 BANANA is a custom name.
- VX Kong name changes cost 2 BANANAS.
Play & Collect
Alongside Baby and VX Kongz, Play & Kollect Jungle Adventure is their second major keeper product. Holders can join the Polygon network with minimal to no gas costs or environmental impact concerns.
CyberKongz VX owners can form crews of one to five people and send them on missions to collect Kongium Ore. This ore (or ERC-1155 NFT) can be exchanged for a share of the season’s BANANA pool and other special incentives. Each season lasts for 10 days, so there are plenty of opportunities for everyone to collect some of the goodies.
For starters, each crew has one free excursion every day. Holders can obtain free resources by consuming the fuel bar they obtained for their crew. After that, each further collection journey you send to your team costs 0.4 BANANA. In addition, the excess amount of BANANA created by Holders sending their personnel on additional missions will be returned to the community. 50% is added to the season’s prize pool, 10% to the community treasury and 40% is burned.
Deflationary mechanisms, as well as gamified utility, can return BANANA to its former status as a passively generating gold mine.
Road map
The team has already reached numerous milestones on its plan. This includes developing metaverse playable versions, acquiring land in The Sandbox, establishing community governance, and creating 3D printable obj files. There are also other ongoing initiatives such as Play and Kollect and Kongz Tank.
Jungle Adventure, a blockchain game in which holders can get various in-game incentives, is included in the Play and Kollect. Players use their CyberKongz VX to collect Kongium and redeem rewards such as BANANA and unique NFTs in this game.
Kongz Tank, on the other hand, is essentially an NFT counterpart to the hit TV show Shark Tank. The team is always looking for new talent to help them create games and interactive experiences using the Play and Kollect technologies. All games will launch on the Polygon Network and may also be partially off-chain.
The team also collaborates with organizations such as The Sandbox, MetaKey, Uniqly, Solarbots and Global Webb. They also just hired UFC veteran Chuck Liddell.
CyberKongz has informed the community about a 4-level roadmap as follows:
- Tier 1 (CyberKongz VX Launch): VX was launched in conjunction with The Sandbox and integration as a playable avatar in The Sandbox game is currently under development.
- Tier 2 (The Banana Shop): Players can also purchase custom VX wearables to give their avatars additional in-game adventures in the community-built Metaverse games. .
- Level 3 (Kongz Island): A multi-zone jungle built into The Sandbox where both CyberKongz and Sandbox aim to create a gaming and social experience related to all CyberKongz NFTs and Banana Tokens.
- Level 4 (Kongz extension): Owning one or more grants any user access to the clan.
How to Buy Sappy Seals NFTs?
You can buy these NFTs from marketplaces like OpenSea and LooksRare.
Team
The team has not been completely controlled and many team members remain unnamed. The mad scientist and artist of this project is Myoo. They are now hard at work, along with a team of developers and core members, building the future.
Community
CyberKongz has a huge and diversified community on social networking networks. In addition, CyberKongz formed a Kongz Board of active community members who would play the community’s role in project development and orientation activities.
Should You Own Sappy Seal NFT?
When it comes down to it, this debate gets more engaging. New initiatives are launched every day. And there are no doubt some new collections in this discussion among the initiatives that have hit the last few months.
Still, CyberKongz and other well-known initiatives provide long-term stability. It has maintained its bottom price since last year during the bull and bear cycles.
The most important qualification of a blue-chip collection should be price consistency, which CyberKongz undoubtedly meets. Not only was their floor price consistent, but Genesis holders have been raking in BANANA for over a year. Some diamond wearers have made a good living holding their CyberKong.
Customers can invest their Ethereum in this collection with confidence. They don’t worry about their NFTs losing half their value overnight. Holders have no motive to even look at the bottom price. They passively earn an annual income and continue to receive value from the developers.
CyberKongz is without a doubt a blue-chip collection that will be around for a long time, if not forever.
Conclusion
Over time, the common vision evolved to advance CyberKongz as a community-based initiative. Some of the best NFT and De-Fi developers and specialists can be found in the group. Who contributed their talents and efforts to the development of the ideas of the community? The BANANA coin was produced quickly, giving the creation of CyberKongz the ability to earn 10 BANANA every day for the next ten years. Owners can give their CyberKongz attributes, such as a unique name and biography, by burning a certain amount of BANANA, and they can also breed and incubate one of 4,000 randomly created Baby CyberKongz with different qualities and rarities.
From then on, CyberKongz VX was seen as the natural next step. With so many people eager to explore the metaverse, the NFT project understood they had to bring the jungle to life and put the swing into action.
DISCLAIMER: The information on this website is intended as general market commentary and does not constitute investment advice. We recommend that you do your own research before investing.
