The cryptocurrency market has seen the entry of several NFT-based projects since 2021. Nevertheless, two artwork-based NFT projects – Chronocatz and Moonbirds – are in the limelight, currently. Investors are now evaluating both projects. Nevertheless, market bulls favor Chronocatz due to its real-world utility and stable business roadmap. In case you are new to NFT investment, Chronocatz might make you fortunes.
Moonbirds Still In Demand But Not As Much As Earlier
Moonbirds are a collection of 10,000 artwork NFTs. Moonbirds NFTs were issued on the Ethereum network. It was developed as part of Proof Collective, which is a well-known private members-only collective of NFT collectors and artists.
These Moonbirds are a simple collection of 10,000 pixel-art owls. These NFTs have been held by 6,570 unique owners. The project has advanced quickly because of its affiliation with Proof Collective’s success. Moonbirds are among the leading NFT collections in the crypto world.
The Moonbirds project reached its pinnacle in April 2022, fetching almost $300 million in secondary sales within several days. In that context, the cost of one Moonbird NFT spiked from 2.5 ETH to 30 ETH in several weeks.
Since it launched in April 2022, Moonbirds has gained lots of popularity until recently, when it got caught up in an IP-related policy. Things seem to have changed now. Many market hurdles, including the recently surfaced Intellectual Property Rights controversy, have made this project tumble considerably.
Besides, massive competition from other similar projects like Doodles, BoredApe, and Azuki has made Moonbirds’ journey quite tough.
Bulls Favor Chronocatz For Real-World Engagement
Making a grand entry into the cryptocurrency market, the Chronoly project has launched a new NFT collection known as Chronocatz. The recently launched NFT collection, Chronocatz, is based on Chronoly’s decentralized luxury watch trading platform.
Chronocatz is a distinct collection of 7,777 picture-based NFTs, which are represented by cat characters. Every cat character has distinct traits and features like different fur, accessories, and clothes.
The primary trait of every Chronocat NFT is the luxury watch that the cat character is wearing. Every timepiece worn by the cats is a real-world watch from high-end multinational brands like Patek Phillippe and Rolex.
The system of Chronocatz will comprise 6 tiers, and every tier will be determined by the rarity of the NFT. Only holders of Chronocat NFTs will gain access to a private member watch club, which will be known as the “Chrono Wealth Club (CWC).”
Members of the CWC will be entitled to many perks, such as access to exclusive NFT drops, higher staking yields, various private auctions, and live events. They will also enjoy exclusive discounts and dedicated watch concierge services.
Exclusive access to networking events, merchandise, and parties in the digital and real world. Chronocatz NFT avatars can also be used to unlock special rooms and features within the Chronoly ecosystem.
What makes Chronocatz NFTs stand out among the other NFT projects is that it offers utility in the physical world. Phase 1 of Chronocatz is the private mint that was sold out, and more than 1300 NFTs were sold during phase 2, whitelist. The public minting of Chronocatz is now live.
