Halfway through the year, cryptocurrency passionate Youtuber Alex Becker and Elliotrades got on a new NFT project called Neo Tokyo Identities. And although no more than usual was expected, it turns out that this new project had more hype than collectors thought thanks to its particular way of working. For example, in order to mint NFTs, people need to enter whitelists to solve different types of games in order to get one. In addition, joining the Discord community is also a challenge.
And although it has remained a private and curious NFT, this has attracted too much attention from collectors for being a challenge. The project was an immediate success since its launch! The most impressive thing is that this NFT was primarily made to be a free NFT, but it is currently minted to over 11.0 ETH, or $51,500,000 on the main platform which is OpenSea.
What are Neo Tokyo Identities?
Currently this NFT project has 2018 different identities and approximately 2500 vault cards.For now this project is looking to be the biggest NFT JUST ever. Therefore, it does not have a pre-sale, it has a totally free mintage and the developers only have one NFT to run.
The goal Becker shows is the idea of designing a collection that really focuses on the benefit of the community and that there will be a feeling of participation constantly throughout its existence. All the benefits will be on the side of the owners who stay more active within the community and who know how to solve the puzzles. And even, in order to avoid that there are owners who do not contribute anything to the community, there will be dynamics within the dynamics within the codes. All this in order to be able to purify the community of the project from time to time.
Neo Tokyo Identities NFTs come through BlockChains with different types of features that will allow owners to have great benefits during the development of the collection.
According to Becker, you need to “Read the code, know the code, be the cgid and at the same time many codes.” And in another tweet he alleges that those who manage to learn the codes will get extra benefits that have not been imagined to be possible within NFTs, but will have to wait for the digital form to be completed.
What does it take to get an NFT from Neo Tokyo Identities?
For now, obtaining an NFT from the collection is not an easy task for anyone. Only those who are on the Neo Tokyo whitelist have the ability to mint their NFTs. And to get on the whitelist one needs to pay attention and solve the dynamics that are left beforehand or win games in the games, and in doing so, they are enlisted on a first-come, first-served basis.
On the launch day of the project which was October 3, Becker revealed the whitelists in teams, and each of them got only 12 minutes to be able to mint the Neo Tokyo Nft.
The whitelists had written proofs and codes, adding up mintage numbers that corresponded to each wallet address. But even so, this did not confirm that the NFT was minted. In addition to the 10 minutes to mint the NFT, you had to go to the website to do another pre-planned dynamic.
The “Owners’ ‘ needed to enter a chat within the official Neo Tokyo Identities website on October 3rd, in the middle of the minting process. Upon entering, they had to directly answer the questions they were asked, which were answered thanks to the various clues and codes that Becker had previously tweeted.
At the end of the round of questioning, the collection offered the next owners different Etherscan addresses and contract links in which they entered their whitelist number and proof to mint their NFT.
After this event that collapsed the NFT community, on October 14 the developers released the contract link to make it possible to mint the vault cards. Although the same procedure was to be done as on October 3, in this case each owner would get only two hours to get a single vault. But in case the owners could not make it in time, the winners of the previous game had the ability to steal the vault. Again the communities exploded with these dynamics that challenged the buyer more and more, simply a unique event in the entire history of the NFT.
What do the Neo Tokyo Identities numbers count?
Currently, Neo Tokyo Identities remains in the top positions in terms of priorities of community collectors and cryptocurrency fans. For now it is able to raise $7.85 million only in one week, and the transaction volume has made history reaching up to $33.45 million.
Those who have managed to get NFT from the collection have gotten them for quite high amounts compared to other NFT. For example, the 1990 collection nft was sold for approximately 270,000 thousand dollars.
For now the popularity of Neo Tokyo Identities remains intact as the days go by and without giving in to the downturn, and it is normal if we consider that this collection in particular is more authentic than most that also remain in trend. The question is, will it follow in the same footsteps as the other big NFTs like CryptoPunks or Bored Ape Yacht Club? Speculation has it that it will most likely remain stable for now, but next year is a mystery. For now, it’s best to follow its trajectory closely.
