April 2, 2023

Nakamigos NFT : Gaining Fast Popularity

Nakamigos NFT

The Nakamigos NFT project has stirred up the Web3 community, generating curiosity and excitement among its members. The public mint opened on March 23, 2023. In just four days, the collection managed to outperform well known NFT projects in terms of lifetime trades.

The project was launched quickly due to two factors. These factors were the founder's successful history and the intrigue of the project's background. Nakamigos has already reached a staggering trading volume on the secondary markets.

The project launched very quickly because of two things that always get people interested in the Web3 world: the founder's impressive history and the intriguing mystery surrounding where the project came from and who is involved.

This article explores the Nakamigos project. We learn about the creator and the rumors connecting it to influential people in the Web3 world.

Various businesses have been established, such as restaurants and wine companies. The project continues to grow and develop its community.On March 23, 2032, the public mint of nakamigos was launched. It was done through a Dutch auction.

The auction began at 1Ξ. Every 10 minutes, the price decreased by 0.1Ξ. Finally, the price reached 0.01Ξ.

What is the Nakamigos NFT Collection?

How many nakamigos are there

Nakamigos is an new and ambitious 20,000 PFP NFT project developed by HiFo Labs, a relatively unknown company. They have no twitter or discord, but they claim to have created NFTs and digital projects for the past five years. 

The NFTs in the collection are 24x24 pixelated characters, which has a striking resemblance to the NFT Collection called CryptoPunks. The name "Nakamigos" is derived from the pseudonymous founder of Bitcoin, Satoshi Nakamoto, as it represents "friends of Nakamoto."

A Late blog post from the project states that the artist behind Nakamigos is an "OG crypto artist" who may or may not reveal their identity in the future. Some people speculate in social media that this enigmatic artist is Sartoshi, the NFT influencer in Twitter and crypto artist responsible for the popular mfers collection in 2021. No, those mfers are mfers just like us, mfer “. Hey Sartoshi we need to get more people to change their pfp to mfers or our nakamigos”

The reason for such speculation stems from the close ties between Nakamigos' emergence and Sartoshi's history in NFT space.

Nakamigos' Origins: A Potential Connection to Larva Labs?

Hifo Labs, Larva Labs and Yuga Labs

Ever since the launch of Nakamigos, whispers have circulated on Web3 Twitter about HiFo Labs' possible connection to Larva Labs, the company originally behind CryptoPunks (CryptoPunks was sold to Yuga Labs in 2022).

Advocates of this concept emphasize the visual resemblances between the sets. They also point out that Nakamigos' copyright agreement is copied from the one Yuga Labs created. 

This copyright agreement was created for the compilation when Yuga Labs obtained the intellectual property from Larva in early 2022. unique digital tokens known as Nakamigos have now been created. EOS go holders were given special access to the collection on March 22, 2023, and the public was able to get their hands on them starting on March 23, 2023.

Despite the lack of proof, Nakamigos felt compelled to address the rumors, tweeting "Not Larva. Not Yuga. Nakamigos." on March 27 in 2023.

Commercial Rights for Nakamigos Holders: A Unique Selling Point

The Nakamigos project has a key feature. It grants holders of NFTs (non-fungible tokens) commercial rights. This means holders can use their digital assets to earn money in any way they choose. 

The licensing agreement says that people who own an NFT can trademark it if they have a plan for using it in commerce. This is different from just planning to use it is not exactly like a Creative Commons (CC0) license, but it's still pretty strong when it comes to using IP.

Granting business development rights has allowed owners of popular NFTs, such as Bored Ape Yacht Club, to profit from their digital tokens. This has led to the creation of different businesses, including restaurants and wine companies.

The project is evolving and its community is expanding. This creates possibilities for collaborations, partnerships, and new applications for Nakamigos NFTs. It is probable that there will be growth in these areas.

Where to Buy : Nakamigos Statistics and Trading

Nakamigos Floor Price and Volume Graph

How many Nakamigos are there?

Nakamigos series released 20,000 Non-Fungible Tokens. This release happened over two days, beginning on March 22, 2023. EOS token holders had exclusive early access to the collection. The minting of the tokens was conducted using a Dutch auction, beginning at 1 ETH and gradually decreasing in value until it reached 0.01 ETH.

However, people who want to buy them can now find them on the secondary market. The cheapest ones currently cost around 0.3 ETH. Some of the rare ones are selling for even more, which suggests that collectors and investors believe they are worth a lot of money.

Nakamigos Collection Information

  • 20,000 unique crypto investors with commercial rights
  • 6 types of human Nakamigos
    What are Human Nakamigos
  • Name originates from being friends of Satoshi Nakamoto
  • Holders are granted commercial rights similar to CryptoPunks
  • 6 types of rare Nakamigos
  • Ghosts are the rarest type
    What are Rare Nakamigos

Minting Process

Nakamigos made its public debut using a Dutch auction that began on March 23, 2032,  at 1Ξ and dropped by 0.1Ξ every 10 minutes until settling at a final price of 0.01Ξ. During the auction, all 20,000 Nakamigos available for purchase were sold.

Nakamigos Team & Partners

  • HiFo Labs: Anonymous entity behind Nakamigos
  • Anonymous "OG" crypto artist: Created Nakamigos art
  • Sartoshi: Creator of EOS, not part of HiFo Labs
  • WestCoastNFT: Development team building the contract and running the minting process
  • Royalty: 5%

The Impact of Nakamigos on the NFT Space

Nakamigos NFT Shared Space with MFERS NFT

The Nakamigos NFT is poised to make a significant impact on the NFT landscape. Its unique aesthetic, commercial rights, and mysterious origins give it a level of intrigue. This has attracted attention from both collectors and investors.

As the project continues to develop and its community grows the potential for collaborations for the Nakamigos NFTs will likely expand. This could lead to further adoption and integration of the collection into the broader Web3 ecosystem.

To sum up, the Nakamigos NFT has drawn the Web3 community's interest with its unique art to notable individuals. As the project progresses it will be interesting to see how it impacts the broader NFT market.