Moonbirds NFT collection: Everything you need to know

Have you heard of Moonbirds? No, they’re not some kind of nocturnal birdlife. They’re actually a colorful collection of NFTs! In this article, we’ll break down everything you need to know about Moonbirds’ NFT collection.

What are Moonbirds NFTs and what do they do?

Moonbirds are a collection of 10,000 non-fungible tokens that took flight on April 16th, 2022 and are scheduled to remain flying for the foreseeable future. They were created on Ethereum’s network under the ERC-721 standard.

Moonbirds NFTs work in a similar way to other NFTs, but with one key difference: they are tethered to real-world assets. This means that each Moonbird represents ownership of a physical item, such as a piece of jewelry, art, or clothing. The value of a Moonbird is tied to the value of the underlying asset, and can go up or down based on market conditions.

In addition to Moonbirds’ ambition to be another blue-chip PFP attempt, the company has included a host of other incentives for Moonbird owners.

Each Moonbird provides its owner entry to a private club, with further benefits accumulating if users maintain their membership for extended periods of time.

Possessing a Moonbird also provides you access to an NFT-gated Discord server. Once inside, members have access to exclusive Moonbirds channels that will educate them about upcoming drops, community activities, nesting, and other related issues.

Moonbirds value and sales

Less than a week after the collection was introduced, a Moonbird NFT sold for roughly 265 wrapped ETH, or around $804,600, according to NFT Go statistics. The price reflects the collection’s highest sale to date, as well as one of the most valuable NFT sales in recent weeks.

Moonbirds is now the most actively traded NFT collection in terms of volume, with 24-hour sales totaling $54.5 million, an increase of 51% over the previous day.

Moonbirds is today valued at around $266.5 million, more than twice its market capitalization at the time of its initial public offering. The floor price of the token is now approximately 33 ETH, which is more than ten times the token’s minting price of 2.5 ETH.

Obviously, Moonbirds NFTs are a hot commodity and are likely to continue mooning over the coming weeks, as one might expect from the name of these lunar-themed NFTs.

The benefits of using Moonbirds NFTs

1. “Nesting” is one of the Moonbirds’ most significant advantages. Each NFT in this collection has a one-of-a-kind PFP design that allows it to be “nested” without having to take it out of the holder’s pocket or wallet.

Soon after the nesting process begins, the Moonbird will begin to reap extra benefits. As time passes, the Moonbird nest will be upgraded and it will level up through tiers, allowing it to gain new and thrilling gifts.

Other benefits of Moonbirds are similar to the benefits of NFTs in general:

2. They’re easy to trade and liquidate. Unlike many traditional assets, Moonbird NFTs can be easily traded and sold on a number of different platforms. This makes them much more liquid than other asset types, which can be difficult to sell or trade.

3. They’re divisible. One of the great things about Moonbird NFTs is that they can be divided into smaller pieces. This makes them much easier to trade and sell than traditional assets, which are often difficult to divide.

4. They’re unique. Each Moonbird NFT is unique, which means that they can’t be replicated or counterfeited. This makes them a much more secure investment than traditional assets, which can be copied or faked.

5. They’re transparent. Moonbirds NFTs are built on the Ethereum blockchain, which is a public ledger. This means that all transactions involving Moonbirds NFTs are visible to anyone with an internet connection.

6. They’re global. Moonbirds NFTs can be bought and sold by anyone in the world with an internet connection. This makes them much more accessible than traditional assets, which are often difficult to buy or sell internationally.

7. They’re affordable. Moonbirds NFTs start at just 1 ETH, making them much more affordable than many traditional assets. This makes them a great option for investors on a budget.

8. They’re growing. The Moonbirds NFT market is still in its early stages, which means that there is a lot of potential for growth. This makes them a great option for long-term investments.

How to store and use Moonbirds NFTs

There are two ways to store Moonbirds NFTs: either on-chain or off-chain. On-chain storage is more secure but requires a bit more setup. Off-chain storage is simpler and easier to use but is less secure.

To store your NFTs on-chain, you’ll need to set up a cryptocurrency wallet that supports the ERC721 standard. There are many different wallets that support ERC721 tokens, so you’ll need to research which one is right for you.

Once you’ve set up your wallet, you can add your Moonbirds NFTs by transferring them from your exchange account or directly from another user.

To store your NFTs off-chain, you can use a service like Opensea. Opensea is a marketplace that specializes in ERC721 tokens and allows you to store your NFTs in their online “wallet”. You can also use Opensea to buy, sell, or trade your NFTs with other users.

Once you’ve stored your Moonbirds NFTs safely, you can start using them! There are many different ways to use NFTs, but some of the most popular uses include:

Collecting: Many people collect NFTs simply for the enjoyment of owning rare and unique digital items.

Gifting: NFTs make great gifts for friends and family members who are into cryptocurrency or gaming.

Trading: You can trade your NFTs with other users on marketplace platforms like Opensea.

Using in games: Some games, such as Decentraland, allow you to use NFTs as in-game items. This can add a whole new level of fun and excitement to playing.

No matter how you choose to use them, Moonbirds NFTs are a great way to get involved in the exciting world of cryptocurrency and blockchain technology.

Chat with the expert NFT promoters and marketers at Mooning

Sure, all the examples of NFT promotions we listed are from global brands with endless coin to throw at their campaigns. But you really don’t need a crazy-high budget to see some seriously incredible outcomes – as long as you know the delicate intricacies of building a killer NFT marketing strategy!

If not, no worries – Mooning is here to take care of everything for you and make sure you see the most amazing ROI you’ve ever seen before. Our team has the knowledge and experience to promote your NFTs in order to deliver maximum awareness and interest, driving the sales prices up sky-high and beyond.

We provide a full suite of expert NFT marketing services and go above and beyond for every one of our clients to ensure only the best results. Our team will help with everything from minting, listing and selling, NFT creator sourcing, community management and campaign conceptualisation.

So get in touch with us now on 1300 818 435 or message us online.