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Naughty Moai NFT’s Unconventional Approach to the Art Community
(Originally posted on : Crypto News – iGaming.org )
Naughty Moai is a collection of nonfungible tokens (NFTs) on the Ethereum network and offers an unconventional approach to the artistic world. The Moai-themed NFT collection encourages the sharing of art, ideas and creative production. The unique project is building a sustainable and community-focused ecosystem in the real-life and the metaverse, a virtual world comprising digital social experiences, merchandise stores, and augmented reality (AR) and virtual reality (VR) based video games.
The value of an NFT is based on its scarcity, uniqueness and authenticity. The recent breakthrough of several NFT projects in the blockchain industry has led to the explosion of the NFT market with a size expected to grow by $147 billion by 2026 at a compound annual growth rate of 35.27% during the forecast period. This growth is a result of the increasing demand for digital artwork.
The explosion of the NFT market also drove growth in play-to-earn (P2E) games — also known as GameFi, a concept comprising decentralized finance (DeFi), NFTs and gaming. GameFi offers a unique gaming model and financial framework that rewards gamers with financial incentives just for playing games they would probably play for free. As such, this model is significantly expanding the use cases for DeFi and NFTs.
The meteoric rise in the value of the NFT market is also related to the concept of the metaverse. As the global economy moves toward more digital interaction, communication and virtual work environments, the concept of the metaverse is becoming the next trend. NFTs enable the digital projection of physical people in virtual reality as avatars or voxel assets. While the metaverse is fascinating, the merging of the real and virtual worlds also provides endless possibilities for everyone globally, and this is made possible by the intrinsic characteristics of NFTs.
The Naughty Moai is a Moai-themed NFT collection that embraces the unending possibilities of NFTs in facilitating the exchange of art, content, and real-world merchandise. Naughty Moai’s current collection depicts art from past centuries and the fighting spirit of cultural pioneers who dared to apply unconventional approaches by thinking differently.
Moai offers a nurturing environment for creators and artists to display their creativity through self-sustaining, community-centric value-sharing mechanisms.
The project’s team of young, free-spirited and quirky individuals wants to do something different, innovative and fun. With more than 50 years of combined experience in merchandising, licensing and the allocation of collectibles, the Moai team is establishing long-term relationships globally with product developers, licensors and licensees, and retailers.
Moai NFT holders can benefit from the project’s potential utilities, including access to MOAI tokens reserved for NFT holders, voxel assets in the Moai metaverse, 3D toys and collectibles, VR and AR Web3 gameplay, staking rewards, decentralized autonomous organization participation, whitelist priority for all future drops and possibilities for real-life items and licensing.
How Naughty Moai stands out from other competitors
Unlike other competitors, 10% of all future revenue post offering will be reserved to sponsor projects from new artists. Moai is building a brand and platform where Moai NFT owners can benefit from trading Moai-brand merchandise in stores and online. The user-owned IP granted to all Moai NFT holders offers a wide array of possibilities, including collectibles, video game characters and music labels.
The project is fostering a value-sharing model with the community via incomes from different sources:
- NFTs: listing and trading of current and future Moai NFT assets, such as characters, virtual lands, arts and more
- Merchandising: marketing and distribution of Moai-brand assets in retail and wholesale channels globally
- Licensing revenue for collaboration with different partners from different industries, such as the films, toys, foods and beverages and more
- Token use cases: As the project expands, more use cases for MOAI tokens will emerge and its revenue sources will continue to broaden.
- Metaverse applications: the use of MOAI tokens in Moai-themed virtual applications in the Moai metaverse.
The MOAI token’s utility will include in-game transactions, virtual- and physical-marketplace settlements, staking rewards for holders and community governance for the project.
Additionally, a limited edition Moai statue will be given to the first 6,000 MOAI tokenholders after the mint. The first 50 owners of any Moai NFTs will get a set of randomly selected Moai trading cards.
About Naughty Moai
Naughty Moai is a collection of NFTs on the Ethereum network that’s building a sustainable and community-focused ecosystem in real life and the metaverse.