{"id":5469,"date":"2023-03-30T11:32:27","date_gmt":"2023-03-30T11:32:27","guid":{"rendered":"https:\/\/nft.runfyers.com\/index.php\/2023\/03\/30\/nakamigos-nft-project-overview-nft-culture-nft-news-web3-culture-nfts-crypto-art\/"},"modified":"2023-03-30T11:32:27","modified_gmt":"2023-03-30T11:32:27","slug":"nakamigos-nft-project-overview-nft-culture-nft-news-web3-culture-nfts-crypto-art","status":"publish","type":"post","link":"https:\/\/nft.runfyers.com\/index.php\/2023\/03\/30\/nakamigos-nft-project-overview-nft-culture-nft-news-web3-culture-nfts-crypto-art\/","title":{"rendered":"Nakamigos NFT Project Overview | NFT CULTURE | NFT News | Web3 Culture | NFTs &#038; Crypto Art"},"content":{"rendered":"<p><\/p>\n<div>\n<p>The Nakamigos NFT project has taken the Web3 community by storm with its unexpected success. The collection\u2019s public mint on March 23 took only four days to surpass NFT giant Bored Ape Yacht Club in lifetime trades. This accomplishment is unexpected given the market\u2019s current state.<\/p>\n<p>The Nakamigos project, created by HiFo Labs, is a 20K PFP project consisting of 24\u00d724 pixel characters in a style reminiscent of CryptoPunks. The collection\u2019s name derives from the pseudonymous founder of Bitcoin, Satoshi Nakamoto, with Nakamigos meaning \u201cfriends of Nakamoto.\u201d The project\u2019s success is attributed to the proven track record of its founder and the intriguing project\u2019s origin and associations.<\/p>\n<p><a href=\"https:\/\/opensea.io\/collection\/nakamigos\" target=\"_blank\" rel=\"noopener\"><noscript><img loading=\"lazy\" decoding=\"async\" class=\"aligncenter size-large wp-image-16326\" src=\"https:\/\/d34jlxpwrja7q9.cloudfront.net\/wp-content\/uploads\/2023\/03\/Fr7m0YNXsAAWEL7-1024x1024.png\" alt=\"\" width=\"1024\" height=\"1024\" srcset=\"https:\/\/d34jlxpwrja7q9.cloudfront.net\/wp-content\/uploads\/2023\/03\/Fr7m0YNXsAAWEL7-1024x1024.png 1024w, https:\/\/d34jlxpwrja7q9.cloudfront.net\/wp-content\/uploads\/2023\/03\/Fr7m0YNXsAAWEL7-300x300.png 300w, https:\/\/d34jlxpwrja7q9.cloudfront.net\/wp-content\/uploads\/2023\/03\/Fr7m0YNXsAAWEL7-150x150.png 150w, https:\/\/d34jlxpwrja7q9.cloudfront.net\/wp-content\/uploads\/2023\/03\/Fr7m0YNXsAAWEL7-768x768.png 768w, https:\/\/d34jlxpwrja7q9.cloudfront.net\/wp-content\/uploads\/2023\/03\/Fr7m0YNXsAAWEL7-1536x1536.png 1536w, https:\/\/d34jlxpwrja7q9.cloudfront.net\/wp-content\/uploads\/2023\/03\/Fr7m0YNXsAAWEL7.png 2048w\" sizes=\"(max-width: 1024px) 100vw, 1024px\"\/><\/noscript><\/a><\/p>\n<p>\u00a0<\/p>\n<h3>Sartoshis role in Nakamigos<\/h3>\n<p>One of the reasons for the collection\u2019s success is the involvement of Sartoshi, an OG crypto artist and NFT influencer behind 2021\u2019s popular mfers collection. Sartoshi\u2019s departure from mfers in June 2022 was controversial, with many labeling it as a rug-pull scam. However, he returned to the NFT scene in February 2023 to announce the Nakamigos project, which he had helped to create. While there is no official clarification about his exact role in the project, some speculate that Sartoshi is the anonymous artist behind Nakamigos.<\/p>\n<h3>Rumors abound<\/h3>\n<p>Another rumor surrounding the Nakamigos project is that it is connected to Larva Labs, the company initially behind CryptoPunks. The collections\u2019 aesthetic similarities and the fact that Nakamigos\u2019 licensing agreement is modeled after Yuga Labs\u2019 agreement for the CryptoPunks IP acquisition has led to speculation about a potential connection. However, there is currently no evidence to support this claim.<\/p>\n<p>One notable aspect of the Nakamigos project is that the team grants holders commercial rights to their NFTs, allowing them to monetize them as they see fit. While this kind of IP usage permission is not quite a Creative Commons (CC0) license, it is still powerful and has enabled holders of blue-chip NFTs like Bored Ape Yacht Club to capitalize on their digital tokens in significant ways.<\/p>\n<p>All 20,000 Nakamigos NFTs have been minted out, but interested buyers can find them on the secondary market, with the collection\u2019s floor currently sitting at 0.32 ETH or $574.42. The Nakamigos team has gifted 24 honorary Nakamigos NFTs to well-known figures including farokh and zeneca as well as other influencers in the NFT community, further promoting the project.<\/p>\n<p>Despite the project\u2019s success, HiFo Labs remains an esoteric company, with no Discord and no other social media channel other than its official Twitter handle. The team\u2019s emphasis on commercialization rights for holders is an interesting aspect of the project that could indicate a larger, yet-to-be-revealed IP play from HiFo Labs. However, the company needs to foster greater trust among its holder base to incentivize them to take advantage of those capabilities.<\/p>\n<p>Overall, the Nakamigos project is worth keeping an eye on as it aims to be a kind of spiritual successor to CryptoPunks. However, it remains to be seen how the project will evolve and whether it can maintain its success in the highly competitive NFT market.<\/p>\n<p><!--themify_builder_content--><\/p>\n<p><!--\/themify_builder_content--><\/p><\/div>\n<p><a href=\"https:\/\/www.nftculture.com\/nft-news\/nakamigos-nft-project-overview\/\" target=\"_blank\" rel=\"noopener\">Source link <\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>The Nakamigos NFT project has taken the Web3 community by storm with its unexpected success. The collection\u2019s public mint on March 23 took only four days to surpass NFT giant Bored Ape Yacht Club in lifetime trades. This accomplishment is unexpected given the market\u2019s current state. The Nakamigos project, created by HiFo Labs, is a [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":5470,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"jetpack_publicize_message":"","jetpack_is_tweetstorm":false,"jetpack_publicize_feature_enabled":true},"categories":[15],"tags":[],"jetpack_publicize_connections":[],"jetpack_featured_media_url":"https:\/\/www.nftculture.com\/wp-content\/uploads\/2023\/03\/nakamigos.jpg","jetpack_sharing_enabled":true,"jetpack_likes_enabled":true,"_links":{"self":[{"href":"https:\/\/nft.runfyers.com\/index.php\/wp-json\/wp\/v2\/posts\/5469"}],"collection":[{"href":"https:\/\/nft.runfyers.com\/index.php\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/nft.runfyers.com\/index.php\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/nft.runfyers.com\/index.php\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/nft.runfyers.com\/index.php\/wp-json\/wp\/v2\/comments?post=5469"}],"version-history":[{"count":0,"href":"https:\/\/nft.runfyers.com\/index.php\/wp-json\/wp\/v2\/posts\/5469\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/nft.runfyers.com\/index.php\/wp-json\/wp\/v2\/media\/5470"}],"wp:attachment":[{"href":"https:\/\/nft.runfyers.com\/index.php\/wp-json\/wp\/v2\/media?parent=5469"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/nft.runfyers.com\/index.php\/wp-json\/wp\/v2\/categories?post=5469"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/nft.runfyers.com\/index.php\/wp-json\/wp\/v2\/tags?post=5469"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}