Project Overview
Project name: Max Pain and FrensRelease
time: March 24, 2022
Total issuance : 7,469
issuance methods: Open Minting, Ranking Auction, Sweepstakes, Burning Redemption
On-chain Protocol: ERC-721
Issuance Platform: Nifty Gateway
Marketplace platforms: OpenSea, Magic Eden, Blur
market performance
floor price: about 0.84 ETH (about $1,910).
24-hour trading volume: about 6.18 ETH
Number of holders: about 3,142 unique addressesTotal
trading volume: about 10,300 ETH (about $15 million)
Market ranking: Top 100 in the NFT market,
project background and creators
Creator: XCOPY (Anonymous Artist)
Art Style: "Glitch Art", with the theme of death, nothingness, and dystopiaRepresentative
works: Right-click and Save As guy:
Snoop Dogg (Cozomo de' Medici)
Project Positioning and Ecosystem
positioning: Reflects anxiety and nihilism in Web3 cultures
:
NFT Collection: Max Pain (7,394), Waster (6), Damager Luxe (12), Gourmet Spicy (24), Traitors (33)
Burning Mechanism: Holders can redeem new works by burning old NFTs
Community Event: Ranked Auction , lottery and other
intellectual property rights and usage rights
intellectual property rights: the copyright of the work belongs to XCOPY All
rights of use: Holders can use the work for personal creation on the premise of complying with the license agreementNDisputes
and challenges
market competition: As an emerging project, it faces competition from other mature NFT projects
Intellectual Property Protection: How to effectively protect the holders' right to use and create is still a challenge
Summary
: Max Pain and Frens is an NFT collection launched by XCOPY that reflects the sense of anxiety and nihilism in Web3 culture. Through a unique art style and an innovative ecosystem, it has attracted the attention of a large number of collectors and investors. Despite some controversies and challenges, its performance in the market and the support of the community make it a project to watch.
