Although NFT on the Ethereum main network is still weak, the two "little brothers" Blast and Base are gradually regaining some face for Ethereum, attracting some of the attention of NFT players away from Bitcoin and Solana. What Blast and Base NFT projects are getting attention? The editor of BlockBeats will take stock of it for you.
Blast
The Blast ecosystem was really a bit unreliable at the beginning. Many NFT projects ran away after being issued, leaving brave NFT players messy in the wind. But now, reliable projects are slowly appearing, and the market is doing well.
Plutocats
The first batch of Blast Gold "Gold Points" has been released. 1 Gold is approximately equal to 35,000 Blast Points. Due to receiving much higher Blast Gold allocations than other NFT projects, Plutocats surged 5 times last week, and the current floor price is about 2 ETH.
Plutocats is quite similar to "Nouns" on Blast. It is a fully on-chain generative PFP that adopts VRDGA pricing method to conduct continuous Dutch auctions for sale. VRDGA can dynamically adjust the selling price of NFT. If the supply exceeds demand, the price will be increased. If the supply exceeds demand, the price will be lowered, so that the daily sales can match the expected sales timeline as much as possible.
The ETH generated from sales is used to earn Blast revenue. In the future, Plutocats will have an ERC-20 Token used for DAO governance, and holders can also choose to return the Plutocats NFT in exchange for ETH to exit.
Crypto Valley
Crypto Valley is the “QQ Farm” on Blast and has launched the native Token $YIELD. The current floor price of the project's free-cast PFP series "Crypto Valley Characters" is 0.34 ETH, of which #1137 was sold at a price of 8.88 ETH 5 days ago.
"Crypto Valley Characters" can provide players with coefficient bonuses when harvesting crops in the game. The game's roadmap also mentions that the "Adventurer" gameplay will be launched in Phase 2. Players will be able to use the "Adventurer" character to explore, and the function of forming a union will also be opened to players.
Munchables
GameFi NFT project Munchables’ TVL has exceeded US$80 million since it launched the “lock airdrop” on March 22. The project announced on March 13 that it had received an undisclosed Pre-Seed round of financing co-led by Manifold and Mechanism Capital.
Munchables is a very "DeFi" project. It can also be seen from the gameplay of Munchables that the main hype logic of Blast NFT is to maximize the capital income on Blast. Each time you lock up at least 1 ETH into Munchables for at least 30 days, you can Free Mint one Munchables. The greater the proportion of players' locked positions, the more "Schnibbles" they will harvest for feeding Munchables. ETH locked into Muchables can still bring Blast point rewards to players, and the project will also distribute 100% of Blast developer airdrops and revenue generated to players.
Since the entry threshold of 1 ETH may be a bit high, @Juice_Finance specially launched a Munchables Vault with a scale of 5,000 ETH and a leverage of up to 3 times. The pool was full in less than 24 hours, and then Juice increased the scale to 7,500 ETH, and then it was filled up again... This lending pool is equivalent to harvesting Munchables rewards, Blast rewards and $JUICE at the same time.
Not long after the editor finished the article, this morning, Munchables announced that it had been attacked. According to Paidun monitoring, there is a problem with the Munchables locking contract, and 17,400 ETH (approximately $62.3 million) have been stolen. (Recommended reading: US$60 million was stolen from the Blast ecological project, and social engineering was "understood" by North Korean hackers )
Base
XCOPY and Jack Butcher's Open Edition Series
The Open Edition series "MUTATIO" released by XCOPY on Base sold 1,023,831 copies during the 2-day casting period, with total sales exceeding 700 ETH.
Jack Butcher's Open Edition series "1988" also sold 148,464 copies within one day, with total sales of approximately 119 ETH.
Jack Butcher released a series called "Oviators" on Base at the end of last year, and holders can receive physical airdrops. The current floor price is 0.15 ETH.
After artists issued Meme Tokens on Solana, Base took over and made artists rich first.
Based on Fellas
Based Fellas is the first 10K PFP series on Base. It has increased more than 10 times in the past week, and the current floor price is 0.21 ETH.
This project was released by Free Mint, and they will soon launch their own Token $FELLA.
Primitives
The total amount is 2222, the Mint price is 0.003 ETH, and there is no white order open for casting. It rose to 0.1 ETH in less than 2 hours after the sale. The creator @gmhuntergm has been active in Jack Butcher’s Open series of ecological creations.
After Jesse Pollak, the person in charge of the Base protocol, "called for orders", the floor price went from around 0.13 ETH to a maximum of 0.4 ETH or more with FOMO.
tiny based frogs
This is the first fully on-chain dynamic NFT series on Base. In the past week, the floor price increased by more than 5 times.
The creator @dailofrog can be described as "multi-line blooming". His previous art series "Memory Blocks" on Ordinals has risen to a maximum of about 0.05 Bitcoin, which is a 10-fold increase compared to the offering price. In addition, he also has an NFT series Blast Rocks on Blast.
