The Wanderers is a nonfungible token (NFT) collection that is stored as ERC-721 tokens on the Ethereum blockchain. This collection was launched on August 15, 2021, by Emerald (the programmer), Landon (the sound designer), Nick (the animator), and Wyatt (the illustrator).
In case you do not have an idea, Jack Dorsey auctioned off his first tweet for $2.5 million as an NFT. Although it recently sold for less than $20,000, the funds that Dorsey got from this NFT sale were changed into bitcoin and then donated to an NGO known as GiveDirectly.
That is one of the real-life examples of NFT, and there have been several other such cases. Hence, nonfungible tokens have made many valuable things that do not exist in the physical world. The NFT market keeps growing leaps and bounds and it is seemingly catching the attention of millions including celebrities like Snoop Dogg.
An NFT is a data that is appended to a file to produce a unique signature. It can be anything like a piece of music, an image file, a website text, a domain name, some form of in-game item, or even other different digital formats.
Nonfungible tokens are considered to be digital assets and just like all other assets, NFT also represents ownership. However, what it represents is quite different from the other assets. The nonfungible assets represent ownership over artistic forms like videos, music, and real estate. All these assets are also treated as modern-day collectibles.
The purchase and sale of these assets are done via online platforms. The process is done digitally and the ownership of the same asset is also transferred via digital proof. It utilizes the same technology that cryptocurrencies use for recording and keeping the record of transactions. This technology is known as a blockchain and the Wanderers NFTs are recorded securely using the digital ledger.
What Are ‘The Wanderers’?
The Wanderers is one of the new NFTs in the marketplace. It is a collection of 8,888 unique tokens or infamous band of voyagers that are quite popular for their legendary travel. They are available for 0.1 ETH, which translates to around $310 based on the current market prices of Ether.
In that context, the Wanderers are primarily stored as ERC-721 tokens and hosted on the InterPlanetary File System, which is a protocol network that is used for storing and sharing data.
Every Wanderer is unique and different from each other, having a variety of animated attributes along with the music. The author of this series is Nick Greenawalt. He publishes videos about his interesting digital works on his YouTube channel and teaches online.
Dynamic story-telling, slick animations, and silk-smooth music are what define the Wanderers. Wandernauts are kinetic avatars that have incredible varieties of animations, stories, and music. They can be used to upgrade the utility that makes the profile pictures highly appealing.
The Wanderers team has recently teased an interesting roadmap ahead which features their WanderHub where the holders can experience interactive content and display NFTs. Furthermore, the developers are in the development of their 3D generated ships with renderings and game assets that are ready for the Wanderverse.
Q3 2022 will see phase two of a Wanderers world-building animated saga that mainly explores the story behind the guardians. This engaging project seems to have lots of potential expected to attract more users and investors, in turn, increasing its value considerably.
These NFTs can become the future of our world, and the chances of seeing more ideas and use cases are also high. Nevertheless, a lot of work has to be done to overcome the issues related to it. The NFT might become the answer for unlocking liquidity as it can push the digital assets on-chain.
If you wish to purchase a Wanderers’ token, go to the OpenSea marketplace to look for the available options. You may also join the Wanderers Discord community where you can learn more about the upcoming promotions and sales.
