The nonfungible token (NFT) craze has taken the crypto world by storm in 2021. Lazy Lions NFT is one of these projects that is expected to join the largest players in the NFT space. Its progress in the last 30 days has put the project on track to join CryptoPunks and the Bored Apes Yacht Club as the undisputed third-biggest name in the space.
Launched during the lockdown in Sydney, Australia, and sold out in five hours after launch, Lazy Lions has become an exclusive collection of unique lions. The project is backed by a massive online community, with each nonfungible token available for sale and purchase on the OpenSea online marketplace.
After a month of trading on the marketplace, the lowest current price of the Lazy Lions NFT was US$2,330. This price compares quite favorably with the Bored Apes Yacht Club that at the corresponding time in its growth had a low price of US$965 and currently has a floor price of nearly US$109K
All that has been recorded in the face of nonfungible tokens softening across the board in the past several weeks, with Lazy Lions holding its comparison to similar projects. Notably, the other top projects have already traded desirable NFTs in the marketplace for millions of dollars per token.
What Is Pushing The Rapid Growth?
An integral part that may guarantee the success of the project is its strong wallet distribution. Currently, there are more than 4,000 owners who claim ownership of the Lazy Lions. That distribution is perceived to be a strong indicator for continued growth into the future.
Moreover, most of the owners are actively participating in the NFT space for the first time. The Lazy Lions founder, Ashur, stated:
“It’s an exciting time to be entering into the NFT space; we firmly believe this is just the beginning of a major evolution that will impact all of society moving forward. We have a lot of respect for the existing players in the area, like the Bored Apes and CryptoPunks, but that third spot is really up for grabs, and we are putting a massive effort into making that place our own.
“In our first month, those efforts have focused on building our community, especially through Discord and Twitter. For us, the project is the community, and the community is the project.”
Entrusting the project to owners from the outset is the relatable and clean designs of every Lion.Each of these digital animals was randomly generated from more than 160 unique traits; including mane, clothing, expressions, and much more.
The Lazy Lions Marketplace
Lazy Lions is powered by the Ethereum blockchain enabling users to build a secure public community for a huge array of digital files, including artwork, with the purchases made using the ETH crypto.
Amongst the token collection is an exclusive group of highly desirable rarities, with the most expensive example to date having traded for more than US$50,000. Another sector where Lazy Lions has performed excellently is in Twitter engagement, with the project receiving over 90 million impressions in the past week.
Interestingly, the evolving roadmap for the Lazy Lions NFT features a focus on its online community, featuring a wide range of exclusive offers and features for the token holders.
Lazy Lions NFT Statistics
In the past seven days, Lazy Lions NFTs were sold up to 2025 times. The total sales volume from those transactions reached $9.44M. Thus, the average price of one Lazy Lions NFT was $4,660. The proponents and holders say that the NFT has an NFT community for kings.
Lazy Lions is a collection of 10,000 distinct Lion NFTs, which are described as unique digital collectibles that live on the Ethereum Blockchain. Every Lazy Lion is programmatically generated from more than 160 possible traits. Thus, it is unique and worth its price tag.
The Lazy Lions private island is a top-secret location that is highly secure. Developers say that the island is open to the VIP members of the community only. The island is powered by the Ethereum blockchain. Since every Lion is generated from more than 160 possible traits, its rarity is guaranteed.
Interestingly, the project’s private discord channel will be designed exclusively for Lazy Lion owners. As of September 16, 20% of the community wallet is opened. This wallet will be used for various things and purposes to guarantee longevity. Community rewards will be available for the owners engaged up in Discord.
In that context, ROARwards Program is available to all Lion holders. These holders can also participate in programs that reward community engagement.
80% of the new NFTs are free for all Lazy Lions. The developers said that all owners can get a banner image NFT that features their unique, randomly generated private bungalow. These bungalows are open and each Lazy Lion gets one. In the end, an exclusive Lazy Lions play-to-earn game will be unveiled with community prizes.
