{"id":9048,"date":"2023-07-03T20:59:46","date_gmt":"2023-07-03T20:59:46","guid":{"rendered":"https:\/\/nft.runfyers.com\/index.php\/2023\/07\/03\/ether-wl-mint-phase-is-over-heres-what-happened\/"},"modified":"2023-07-03T20:59:46","modified_gmt":"2023-07-03T20:59:46","slug":"ether-wl-mint-phase-is-over-heres-what-happened","status":"publish","type":"post","link":"https:\/\/nft.runfyers.com\/index.php\/2023\/07\/03\/ether-wl-mint-phase-is-over-heres-what-happened\/","title":{"rendered":"Ether WL Mint Phase is Over: Here&#8217;s What Happened"},"content":{"rendered":"<p><\/p>\n<div>\n<p>The Ether NFT project announced a surprising last-minute change in mint supply, raising eyebrows among collectors.<\/p>\n<p><strong>TL;DR<\/strong><\/p>\n<ul>\n<li>The Ether NFT collection faced controversy due to its high initial mint price of 1 ETH and the reduction of the total supply from 10k to 5,555 NFTs.<\/li>\n<li>The project was founded by anonymous figures Viii, CValley, and Cygaar, with anime-style artwork and a mysterious utility for the collectibles.<\/li>\n<li>Despite the controversy, Ether NFT might be one of the best-designed <a href=\"https:\/\/nftevening.com\/the-best-5-anime-inspired-nfts-on-the-market-right-now\/\" target=\"_blank\" rel=\"noopener\">anime NFTs<\/a> so it\u2019s worth keeping an eye out for.<\/li>\n<\/ul>\n<figure id=\"attachment_113279\" aria-describedby=\"caption-attachment-113279\" style=\"width: 2048px\" class=\"wp-caption aligncenter\"><noscript><img loading=\"lazy\" decoding=\"async\" class=\"wp-image-113279 size-full\" src=\"https:\/\/nftevening.com\/wp-content\/uploads\/2023\/07\/ether-nft.jpeg\" alt=\"digital poster of the Ether NFT collection\" width=\"2048\" height=\"994\" srcset=\"https:\/\/nftevening.com\/wp-content\/uploads\/2023\/07\/ether-nft.jpeg 2048w,   https:\/\/nftevening.com\/wp-content\/uploads\/2023\/07\/ether-nft-300x146.jpeg 300w,   https:\/\/nftevening.com\/wp-content\/uploads\/2023\/07\/ether-nft-1024x497.jpeg 1024w,   https:\/\/nftevening.com\/wp-content\/uploads\/2023\/07\/ether-nft-768x373.jpeg 768w,   https:\/\/nftevening.com\/wp-content\/uploads\/2023\/07\/ether-nft-115x56.jpeg 115w,   https:\/\/nftevening.com\/wp-content\/uploads\/2023\/07\/ether-nft-150x73.jpeg 150w,   https:\/\/nftevening.com\/wp-content\/uploads\/2023\/07\/ether-nft-450x218.jpeg 450w,   https:\/\/nftevening.com\/wp-content\/uploads\/2023\/07\/ether-nft-1200x582.jpeg 1200w\" sizes=\"(max-width: 2048px) 100vw, 2048px\"\/><\/noscript><figcaption id=\"caption-attachment-113279\" class=\"wp-caption-text\">Ether NFT is among the most heavily debated new projects this month due to their high mint price and last-minute supply changes.<\/figcaption><\/figure>\n<h2><span id=\"Why_Is_the_Ether_NFT_Drop_so_Controversial\">Why Is the Ether NFT Drop so Controversial?<\/span><\/h2>\n<p>On July 2nd, the Ether NFT collection ended its heavily-criticized whitelist mint. The drop consisted of 5,555 NFTs, and there still are 3,678 collectibles available for the July 9th public mint.<\/p>\n<p>However, the controversy around the project started way before that. Ether NFT was founded in the fall of 2022 when anonymous founders Viii and CValley revealed the first details. Viii is a successful NFT artist who worked with RTFKT, and CValley is a web3 collector and Azuki holder. Meanwhile, the software engineer Cygaar (another trusted figure in the crypto space) did the smart contracts<\/p>\n<p>In terms of design, the first sneak peek revealed anime-style detailed artwork. However, CValley also announced back in October 2022 that the mint price would be 1 ETH. This is a very high price for a new NFT project\u2019s public sale, considering that other popular collections, such as <a href=\"https:\/\/nftevening.com\/a-guide-to-swedish-animator-markus-magnussons-invisible-friends-nft\/\" target=\"_blank\" rel=\"noopener\">Invisible Friends<\/a>, sold for as low as 0.25 ETH.<\/p>\n<p>As soon as they received backlash, the team lowered the mint price to 0.65 ETH. In addition, 1,750 assets were kept for whitelisted users without specific application rules.<\/p>\n<p>Fast-forward to June 30th, the whitelist mint had started with a lower demand than expected. In a last-minute decision, Ether NFT surprisingly announced they would reduce their 10k NFT supply to 5,555 collectibles.<\/p>\n<p>Now that the whitelist mint has also ended, are 3,555 NFTs left for public sale. At the time of writing, there\u2019s a fixed price of 0.65 ETH per digital asset. Meanwhile, the collectibles sold via whitelist mint have a 0.6488 ETH floor price on OpenSea.<\/p>\n<figure id=\"attachment_113280\" aria-describedby=\"caption-attachment-113280\" style=\"width: 719px\" class=\"wp-caption aligncenter\"><img loading=\"lazy\" decoding=\"async\" class=\"wp-image-113280 size-full perfmatters-lazy\" alt=\"screenshot of a Twitter message by Ether founders\" width=\"719\" height=\"780\" src=\"https:\/\/nftevening.com\/wp-content\/uploads\/2023\/07\/ether-announcement-nft.png\" srcset=\"https:\/\/nftevening.com\/wp-content\/uploads\/2023\/07\/ether-announcement-nft.png 719w,   https:\/\/nftevening.com\/wp-content\/uploads\/2023\/07\/ether-announcement-nft-277x300.png 277w,   https:\/\/nftevening.com\/wp-content\/uploads\/2023\/07\/ether-announcement-nft-52x56.png 52w,   https:\/\/nftevening.com\/wp-content\/uploads\/2023\/07\/ether-announcement-nft-150x163.png 150w,   https:\/\/nftevening.com\/wp-content\/uploads\/2023\/07\/ether-announcement-nft-450x488.png 450w\" data-sizes=\"(max-width: 719px) 100vw, 719px\"\/><noscript><img loading=\"lazy\" decoding=\"async\" class=\"wp-image-113280 size-full\" src=\"https:\/\/nftevening.com\/wp-content\/uploads\/2023\/07\/ether-announcement-nft.png\" alt=\"screenshot of a Twitter message by Ether founders\" width=\"719\" height=\"780\" srcset=\"https:\/\/nftevening.com\/wp-content\/uploads\/2023\/07\/ether-announcement-nft.png 719w,   https:\/\/nftevening.com\/wp-content\/uploads\/2023\/07\/ether-announcement-nft-277x300.png 277w,   https:\/\/nftevening.com\/wp-content\/uploads\/2023\/07\/ether-announcement-nft-52x56.png 52w,   https:\/\/nftevening.com\/wp-content\/uploads\/2023\/07\/ether-announcement-nft-150x163.png 150w,   https:\/\/nftevening.com\/wp-content\/uploads\/2023\/07\/ether-announcement-nft-450x488.png 450w\" sizes=\"(max-width: 719px) 100vw, 719px\"\/><\/noscript><figcaption id=\"caption-attachment-113280\" class=\"wp-caption-text\">The team revealed its mint supply reduction right after the whitelist mint ended. Credit: Twitter<\/figcaption><\/figure>\n<h2><span id=\"Whats_The_NFT_Project_All_About\">What\u2019s The NFT Project All About?<\/span><\/h2>\n<p>So far, the founding team didn\u2019t reveal much about the utility of these collectibles. However, we know five 1:1 digital characters will emerge from this mint\u2019s <a href=\"https:\/\/ether.site\/story\" target=\"_blank\" rel=\"noopener\">NFT capsules<\/a>. Accordingly, these characters will unlock the Ether universe and its utility in a new ecosystem.<\/p>\n<p>To conclude, Ether NFT has spectacular artwork based on the trailers they had given this past year. This fact, along with their powerful founding team, might offer long-term potential. Considering that the public sale happens this week, collectors should look into the project this month after reveal.<\/p>\n<p><iframe data-test-id=\"beehiiv-embed\" width=\"100%\" height=\"320\" frameborder=\"0\" scrolling=\"no\" style=\"border-radius: 4px; border: 2px solid #e5e7eb; margin: 0; background-color: transparent;\" class=\"perfmatters-lazy\" data-src=\"https:\/\/embeds.beehiiv.com\/37fed65e-f01c-4c4c-b8f1-1b71da0be0a4\"><\/iframe><noscript><iframe loading=\"lazy\" src=\"https:\/\/embeds.beehiiv.com\/37fed65e-f01c-4c4c-b8f1-1b71da0be0a4\" data-test-id=\"beehiiv-embed\" width=\"100%\" height=\"320\" frameborder=\"0\" scrolling=\"no\" style=\"border-radius: 4px; border: 2px solid #e5e7eb; margin: 0; background-color: transparent;\"><\/iframe><\/noscript><\/p>\n<div class=\"bottom-text__wrapper post-content\">\n<p>\u00a0<\/p>\n<hr\/>\n<p><em>All investment\/financial opinions expressed by NFTevening.com are not recommendations.<\/em><\/p>\n<p><em>This article is educational material.<\/em><\/p>\n<p><em>As always, make your own research prior to making any kind of investment.<\/em><\/p>\n<\/div>\n<\/div>\n<p><a href=\"https:\/\/nftevening.com\/ether-wl-mint-phase-is-over-heres-what-happened\/\" target=\"_blank\" rel=\"noopener\">Source link <\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>The Ether NFT project announced a surprising last-minute change in mint supply, raising eyebrows among collectors. TL;DR The Ether NFT collection faced controversy due to its high initial mint price of 1 ETH and the reduction of the total supply from 10k to 5,555 NFTs. The project was founded by anonymous figures Viii, CValley, and [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":9049,"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":[9],"tags":[21],"jetpack_publicize_connections":[],"jetpack_featured_media_url":"https:\/\/nftevening.com\/wp-content\/uploads\/2023\/07\/ether-nft.jpeg","jetpack_sharing_enabled":true,"jetpack_likes_enabled":true,"_links":{"self":[{"href":"https:\/\/nft.runfyers.com\/index.php\/wp-json\/wp\/v2\/posts\/9048"}],"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=9048"}],"version-history":[{"count":0,"href":"https:\/\/nft.runfyers.com\/index.php\/wp-json\/wp\/v2\/posts\/9048\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/nft.runfyers.com\/index.php\/wp-json\/wp\/v2\/media\/9049"}],"wp:attachment":[{"href":"https:\/\/nft.runfyers.com\/index.php\/wp-json\/wp\/v2\/media?parent=9048"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/nft.runfyers.com\/index.php\/wp-json\/wp\/v2\/categories?post=9048"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/nft.runfyers.com\/index.php\/wp-json\/wp\/v2\/tags?post=9048"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}