Do you like voxel art? You know, the ones used in Roblox, Minecraft, and Legos.
Will you sport them as your avatars in the metaverse?
The first generation of the metaverse will likely see a huge wave of virtual environments and characters portrayed in 3D voxel graphics due to their simplistic design. Not only are they easier and faster to create than traditional CGI, but they are also gorgeous in their own right, and have become widely popular due to the aforementioned games.
Meebits are box-faced avatars that have captured hearts of many. Hell, they’ve attracted even the largest non-fungible token (NFT) project in the industry, so much so that they had to be acquired. Let’s explore what makes Meebits interesting.
What are Meebits?
The Meebits is an NFT collection that consists of 20,000 3D voxel characters designed to become metaverse and videogame avatars built via a custom generative algorithm.
The project was created by Larva Labs, the same guys behind the iconic CryptoPunks, but was later acquired by Yuga Labs, the founders of Bored Ape Yacht Club, and will be part of the Otherside metaverse.
The Meebits come in seven different types: human, pig, elephant, robot, skeleton, visitor, and dissected (sorted by Common to Rare). Each Meebit is presented as Voxel art, popularized by games and gaming platforms such as Roblox and Minecraft in the last decade. Some Meebits even include generative tattoos inspired by Autoglyphs, the first on-chain generative art on Ethereum also created by Larva Labs.
All Meebit owners have access to their NFT’s OBJ file, which can be imported into most standard 3D modeling and animation software. This includes high-resolution lossless renders. And did we mention you can make them dance?
Note that the above instructions on retrieving the OBJ and other files are outdated. If you want to download the 3D files, head over to meebits.app, log in with MetaMask, click All Meebits, then find your specific Meebit. You can’t access the files of any Meebits you don’t own.
The Meebits is built on the ERC-721 standard, typically used to run NFTs on the Ethereum blockchain.
Meebits Integrated Marketplace
The Meebits has a native marketplace built within its smart contract, enabling complex or unorthodox trades (such as trading one Rare Meebit for three Commons, adding ETH on either side, etc.), all while still being compatible with the ERC-721 standard, which allows it to be also traded on NFT marketplaces like OpenSea and Rarible.
If you want to buy one, see our How to Buy Meebits section.
As stated earlier, you can use your Meebits as avatars in metaverses. As of now, we’re not sure if any metaverse actually supports it, but it is more than likely that Decentraland and The Sandbox eventually will.
And since Meebits is now owned by Yuga Labs, it will soon be playable on Otherside.
Is Meebits a Good Investment?
Meebits is a speculative asset, and riskier than blue-chip cryptocurrencies like Bitcoin and Ethereum. However, this also means that it could have a greater upside. There really is no way of judging it without accurately predicting the future, which no one can do.
The value of a Meebit is determined by the success and community enthusiasm of the project as a whole. Thankfully, the new owner is Yuga Labs, a company that changed the NFT game forever with the rise of BAYC, which is a big plus.
Then we have the community. Some buy an NFT simply because they feel like they belong and/or can vibe effortlessly with other holders, others are purely in it to make a flip, while most are a mix of both and other things. The diverse group of people that make up the industry is what makes it fun but also unpredictable.
If you want to really determine whether Meebits is worth your money, check out its floor price and trade volume. Are people continuously buying it or did the sales drop right away after launch? What is its price in comparison with its all-time high? Also, are the whales and influencers buying? You can check that via wallet trackers.
Lastly, you can’t invest in Meebits unless you are sold on the idea of the metaverse. After all, the voxel avatars can only be seen in their full glory in virtual worlds. If the idea of being able to use it as your digital self excites you, then it is better to stick with that approach instead of ‘investing’. It’s just more fun that way. Besides, there is something odd about treating NFTs like stocks.
How to Buy Meebits
There are two ways to buy Meebits, on OpenSea and on its integrated marketplace.
Before you begin, make sure you have a MetaMask wallet with some ETH in it.
Head over to the Meebit OpenSea page and connect your MetaMask wallet. You can choose from the available listings. Once you’ve found one that you like, click on it then click Buy Now and confirm the purchase in your wallet.
Alternatively, you can buy through its built-in marketplace too. In fact, you have more trade options this way, although OpenSea is where most people are at.
The Meebits look classy. And while they might represent the first generation of metaverse characters, their 3D voxel design could potentially be an iconic intellectual property, being one of the first avatars that predates the metaverse.
Remember, in the crypto world, history is less distorted, which makes it even more meaningful to people. Provenance matters a lot in web 3.0.
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