On February 1, the NFT project Nobody NFT, which has attracted much attention from the community due to Stephen Chow's participation, started casting at an initial issue price of 0.19527 ETH. It received more than 3,192 ETH within 48 hours, and the total amount of disbursement exceeded 172%.
After the minting deadline and NFT distribution was completed, the floor price of Nobody NFT exceeded 0.9 ETH on February 5, an increase of 4.8 times, and the transaction volume reached 3,287.16 ETH.
It is reported that a total of 10,000 Nobody NFTs will be released on February 7. On the one hand, the community is looking forward to what "rare" NFTs will be like for some popular characters in Stephen Chow's film works, such as Supreme Treasure, Zixia Fairy, and 9527. Such a price, on the one hand, I am also speculating, will the floor price of Nobody still rise before the picture is opened?
What is the origin of the Nobody series?
It is nothing new for well-known public celebrities to support Web3 projects. There is a precedent of attracting attention and then running away. Someone in the community joked before the casting of Nobody started, "Are you ready to be hacked?" But in recent days, The performance of Nobody NFT seems to have given the community a surprise. But we found that many newcomers still don't seem to know enough about Nobody's background. So what is the origin of this NFT series that is 5 times a day?
Stephen Chow serves as First Creator
Stephen Chow's involvement in Web3 has been planned for a long time. The Nobody NFT minted this time is the first set of works on the Nobody platform. The predecessor of the Nobody platform is Moonbox, an artificial intelligence-driven technology start-up company in Hong Kong. The company won the "Journey to the West: Conquering the Demons" and "Journey to the West: Conquering the Demons" in July 2023. The right to use Stephen Chow's movie IP in the NFT field.
Stephen Chow plays the role of First Creator in Nobody NFT and participates in the design of Nobody NFT based on some of his works IP. Nobody NFT will be used as a community certificate. The holder can always be a member of the Nobody community and jointly participate in the development of the project. , and enjoy special benefits such as proposals, co-creation, voting, IP production, etc.
With the blessing of Xingye's works, there is a vivid and story-telling character behind each Nobody NFT. According to the team, Nobody has put a lot of effort into the NFT gameplay and designed an interactive gameplay based on AI and NFT chat. It is sold on NFT Later, the Nobody App will be launched, and holders will be able to chat with these characters through the Nobody App and learn about their personalities, hobbies, and background stories. In addition, there will be exclusive functions for holders to create space for secondary creation of Nobody NFT characters.
Like all Web3 projects that celebrities participate in, Stephen Chow's Nobody NFT has also been enthusiastically promoted by his friends in the industry. Previously, rapper Ouyang Jing composed a new song with the theme of Nobody, which was forwarded by Stephen Chow. Jay Chou, JJ Lin, Mayday lead singer Ashin, Wu Jianhao and other stars have also posted physical signed gold cards from Nobody presented by Stephen Chow on social media to show their support.
Extended reading: Mayday Ashin Show "Physical NFT", Star Stephen Chow invites famous artists to join Nobody
OKX blessing, Crypto Native’s operation method
In addition to Stephen Chow's star circle of friends promoting it, OKX's support is an important factor in Nobody living up to the expectations of the community and not "die in public".
According to OKX Ventures partner Jeff Ren, he revealed in an interview that when Stephen Chow was looking for someone who was destined for Web3, he actively contacted him and expressed his willingness to cooperate. In August 2023, Stephen Chow posted on INS, "Thanks for finding a group of like-minded Web3 partners," and @OKX at the end. It is reported that OKX Ventures had previously invested US$1 million in Moonbox (the predecessor of Nobody).
Extended reading: Stephen Chow opens Instagram to announce recruitment of Web3.0 talents! Requirements: "Be smart and have a kind heart"
At the end of 2023, Stephen Chow, Jeff Ren, co-founder of Nobody, and Ray Chan, CEO of NFT project Memeland, discussed Web3 and NFT topics in Hong Kong. Stephen Chow regarded Nobody as a community co-creation platform, "I hope there will be a good bridge to Born out of the Nobody community, I will consider actually filming these scenes into the movie." As an investor in the Nobody platform, Jeff Ren said, "Through NFT and DAO, the audience can directly contact the creators. To inspire more film and television creations, turning film characters into NFTs can also increase the audience’s sense of participation and immersion.”
Before the NFT casting, on January 11, the OKX NFT market jointly launched the Nobody NFT whitelist subscription event for a limited time. Users who complete designated tasks can participate in the whitelist subscription. The final winning user can obtain the Nobody NFT whitelist, limited to 2,500. Both whitelist holders and non-whitelist holders can participate in the casting of NFT. Whitelist holders Those who have it can guarantee the success of the casting, while the non-white single holders will decide whether the casting is successful through a lottery. It is reported that more than 120,000 people participated in the whitelist subscription activity.
In addition to OKX's support in pre-heating operations, after the NFT casting is completed, the bid price on blur can also give a glimpse of Nobody's "skill" in NFT gameplay. According to BlockBeats observation, when its floor price climbs to around 0.5 ETH and 0.8 ETH, there is a large number of buying walls at the floor price, which can prevent Nobody's profit-taking from having a negative impact on the price of the entire NFT series. This "defensive" strategy has also allowed Nobody to rise all the way from 0.2 ETH without any major crashes.
Extended reading: Stephen Chow and OKX Ventures want to bring Web3 into film and television entertainment, "Nobody NFT" will be released on 2/1
Artist NFT cannot escape the "destiny of returning to zero"
Looking at the trend of Nobody, one can’t help but think of Phanta Bear, an NFT project that was also popular among celebrities.
Phanta Bear is an NFT issued by Jay Chou's trendy brands PHANTACi and Ezek platforms. Its cute little bear image with star eyes makes Phanta Bear highly recognizable and has become the core IP of the PHANTACi brand. Although Phanta Bear hit a floor price of 7.3 ETH after only 10 days of sale, the floor price fell to 2.4 ETH in the next 10 days.
Although it has an increase of 823% compared with the 0.26 ETH at Mint, the NFT bubble and volatility of the star effect are key factors that investors cannot ignore. Although Nobody has the endorsement of OKX in addition to Xingye, there is no guarantee that it will not follow the "old path" of PhantaBear. As long as it is investment, risks are always associated. Therefore, it is important not to blindly follow the trend. Doing DYOR well is still the key.
