BTSE is excited to launch its new lottery feature — presenting to you the Meebits NFT Lottery as the first event.
About Meebits
The Meebits are 20,000 unique 3D voxel characters, created by a custom generative algorithm, then registered on the Ethereum blockchain. The NFT contract that governs ownership is a standard ERC-721 that works with any compatible service or exchange. A custom marketplace is also included in the contract, supporting like-kind trading of up to 100 Meebits per transaction with all the standard buy, bid and ask transactions.
Creations of Meebits
Meebits is created by none other than the creator of CryptoPunks and Autoglyphs – Larva Labs. Meebits was their third launched project.
IP Acquisition
An official announcement is made on March 12, 2022, that Yuga Labs, who created Bored Ape Yacht Club (BAYC), Bored Ape Kennel Club (BAKC), Mutant Ape Yacht Club (MAYC), and the upcoming Otherside NFTs acquired the Meebits and CryptoPunks.
It is stated in their announcement that they will be granting Meebits holders the same commercial rights that BAYC and MAYC owners enjoy.
Why Meebits?
Compared to CryptoPunks, Meebits is always on the downside of not receiving enough attention, and Larva Labs does not have a roadmap for Meebits. After the acquisition, Meebits’ community gained more confidence in Meebits. NFT collectors are all looking forward to what Yuga Labs, one of the most promising NFT companies, will plan for Meebits’ future.
Another point to consider is that Meebits currently provides collectors with the lowest entry barrier to be part of the Yuga Labs ecosystem. BTSE aims to support Meebits and give the NFT back to the community through the lottery event.
Something big is coming, tweeted by Gordon Goner, co-founder of Yuga Labs, on April 27, 2022, that the team is currently working on enabling Meebits utilities.
“Yuga Labs are the innovators of the modern profile picture project and the best in the world at operating these projects. They are the ideal stewards of the CryptoPunks and Meebits. In their hands, we are confident that they will continue to be vital, thriving projects in the emerging decentralized web.”
– Matt Hall and John Watkinson, co-founders of Larva Labs, CryptoPunks and Meebits (source: Link)
BTSE Meebits NFT Lottery
Event Timeline:
・Pre-event: 4/27 (Wed) 2:00 a.m. UTC
・Ticket claim starts: 4/30 (Sat) 2:00 a.m. UTC
・Ticket claim ends: 5/13 (Fri) 2:00 a.m. UTC
・Winner announced: 5/14 (Sat) 6:00 a.m. UTC
・NFT distribution: 5/16 (Mon) 6:00 a.m. UTC
Click here for more information on the lottery event.
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Note: BTSE Blog contents are intended solely to provide varying insights and perspectives. Unless otherwise noted, they do not represent the views of BTSE and should in no way be treated as investment advice. Markets are volatile, and trading brings rewards and risks. Trade with caution.
