Profile Picture (PFP) NFTs are creating a strong position in the NFT marketplace with wide acceptance and popularity. Earning holders’ access, unique identity, and gaining voting rights are some main factors that enhanced the popularity of PFP NFTs in the marketplace.
The introduction of Nakamigos NFT projects boomed curiosity and excitement among the individuals mainly looking for PFP NFTs. It is a collection of 19.9K unique items developed by HiFo labs in March 2023. The project works on the Ethereum blockchain, assisting investors on the blockchain with commercial rights.
What Makes Nakamigos NFT Special?
Nakamigos is a unique and ambitious 19.9K PFP NFT collection embedded with 24×24 pixelated characters. The project allows the holders to use their digital assets to generate the economy in the way they want which makes the NFT unique in the marketplace. Also, users are allowed to trademark the NFTs in case they want to use the NFTs for commercial purposes. The main purpose behind the NFT introduction is to enhance community engagement through partnership, collaboration, and new applications that also boost the growth chances of Nakamigos NFT soon. Focusing on the collection, these NFTs are categorized into humans and non-humans, but, most of the characters are humans. Latte, Boba, Invisible, Pumpkin Spice, Mocha, and Coffee are human Nakamigos whereas frog, crocodile, ghost, balloon, bot, and snowman are rare or non-human characters. Users are allowed to customize these characters using crows, hoodies, caps, hairstyles, etc.
Nakamigos #258, #404, and #18,225 are some of the oldest NFTs in the collection whereas Nakamigos #12696, #7721, and #7821 are recently listed in the collection. Nakamigos #5187 is the most popular NFT whereas Nakamigos #11085 is the rarest one. Apart from this, Nakamigos #5646 is the most expensive NFT sold at the price of 7,878 ETH whereas Nakamigos #502 is sold at the lowest price of 0.25 ETH.
Current State and Where to Buy?
Nakamigos NFT collection gained esteem very quickly due to its introduction by HiFo Labs, an unknown company, claiming to develop NFTs and digital projects over the past five years. Focusing on the current positioning of the NFT, there are around 5,843 owners of which 29% are unique owners securing at least one NFT from the collection. The total volume of Nakamigos NFTs is around 39,327 ETH with a market cap of 5.18K ETH.
In the past seven days, a 29.88% decline is observed in the sales standing, the sales volume to 605, and the floor price to 0.23 ETH which is the current floor price of Nakamigos NFT. The PFP category makes the collection more popular in the marketplace and can be purchased from platforms like OpenSea and LooksRare.
Conclusion
Nakamigos NFTs is a collection of 19.9K PFP NFTs, categorized into humans and non-humans. The collection was introduced by HiFo Labs offering the community holders access, unique identity, and voting rights. The project is expected to evolve and grow in the near future with its first-class features.
Source: https://www.thecoinrepublic.com/2023/08/12/nakamigos-nft-project-evolving-the-friends-of-nakamoto/