PetaRush Official NFT Collab-Partnership - Phanta Bear
The official collab partners of PetaRush game are Phanta Bear and Demiverse Studio (Demi Holim).
What is phanta bear NFT?
The Phanta Bears NFT collection is an algorithmically-generated collection of 10,000 colorful bears and was launched on January 1, 2022, on the Ethereum blockchain. It sold out 40 minutes after mint, and those who are interested in purchasing one of these bears must now go to secondary marketplaces such as OpenSea.
It sold out 40 minutes after mint, and those who are interested in purchasing one of these bears must now go to secondary marketplaces such as OpenSea.
The collection’s total value is more than 62 million RMB, which is equivalent to roughly $9,800,000.
Barely a week after its official launch, the collection has already achieved an impressive feat of hitting 1,729 in sales as of January 6, which was mainly pushed by Jay Chou’s star power.
‘Bored Apes of the East’
In fact, it had achieved such an amazing feat that it was dubbed as the “Bored Apes of the East,” referring to the Bored Ape Yachts Collection’s immense success, whose entire collection was sold out in just 12 hours when it was launched last April 2021.
As for Phanta Bears, it already has a 16,700 ETH worth of trading volume, and with its current trajectory, it is expected to produce more impressive numbers in the coming weeks.
Jay Chou himself received a Phanta Bear #10000, which features a bear wearing a trendy basketball jersey with the celebrity’s birthday number on it, which is “18”.
The bear holds a basketball in one hand and a basket in the other, and this NFT’s physical traits perfectly fit Chou as he is a big fan of basketball.
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Nowadays, non-fungible token (NFT) collections can rarely compete with aesthetics alone as collectors’ tastes for virtual assets continue to evolve. Exclusive perks, benefits, and a dose of a celebrity’s star power are now the main elements that usually push collections to impressive popularity and, of course, profitability.
And this lesson was well understood by a new collection that seamlessly fused all these aspects to bring a bear-themed collection to amazing success.
Background
Phanta Bear NFT collection was spearheaded by PHANTACi, a fashion brand co-founded by Asian pop star Jay Chou and Ezek, a blockchain entertainment platform.
The founders of the collection are hidden by the names of “Will I,” “Mark G,” and “Ed Ow” and have backgrounds in songwriting, filmmaking, serial entrepreneurship, and energy economics.
Perks of Having Phanta Bear
Just like the norm in NFT collections these days, Phanta Bears are also equipped with valuable utilities that make them an attractive purchase for NFT collectors.
Aside from having cute aesthetic features, each bear also functions as a “key” for owners to unlock different levels of perks.
Phanta Bears also allows owners to open the gates of Ezek’s very own Metaverse, which would provide collectors with a richer digital world and more immersive experience.
On top of these things, each bear also serves as an “Ezek membership card,” which allows owners to gain access to benefits exclusive only for community members.
Rising Popularity, Rising Value
If Phanta Bears can keep up its popularity and increase it in the coming years, its assets can undoubtedly increase, especially its virtual plots.
One of the project’s main partners, Ezek, has already purchased a 10×10 plot as part of its collaboration with PHANTACi, which also sends a message to NFT owners about the strong confidence of the team in these assets’ value.
