Valhalla is a group of 10,000 anime-inspired NFT avatars. The gathering is created by Stacked Studios and runs on the Ethereum blockchain. In keeping with its official OpenSea web page “Valhalla represents greater than a group of digital avatars. It represents many years of gaming tradition: the clutch performs, the ELO grind, the OT wins.” The Valhalla NFT venture goals to redefine web3 gaming in a significant method. There are 5 core character varieties within the collections, particularly – Human, Poisonous, Mech, God, and Demon.
8,510 NFTs are People (the most typical) within the assortment. Moreover, there are 645 Poisonous and 647 Mech-type Valhalla NFTs. The gathering is rounded out with 99 God-type and 99 Demon-type Valhalla NFTs. Valhalla holders get unique entry to Stacked Studio choices. Valhalla can be a utility-enabled PFP venture for gaming and streetwear fanatics. NFT holders have entry to an unique group, occasions, and digital drops.
What Is Valhalla NFT?
Valhalla is a crypto-native model for players. In keeping with the venture’s discord, VALHALLA is “an NFT venture constructing a group for players world wide.” They’re constructing a tailored expertise for his or her members who’re enthusiastic about gaming and tradition.
Within the final 30 days (as of the time of writing), Valhalla has gathered over $15 million in whole quantity. In keeping with DappRadar, it’s also the sixth best-performing assortment within the final month on the Ethereum community. With over 12K ETH whole gross sales and 3K distinctive holders, the venture nonetheless mints with a flooring value of 1.13 ETH. Valhalla has 38% distinctive house owners with 17% of its assortment re-listed.
Their official launch video follows two characters going by means of a futuristic Cyberpunk meets The Matrix-type world. The pair navigate by means of a number of timelines and dimensions alongside the way in which. A few of these embody Blade Runner-Esque futuristic cities, to fortress lairs with an enormous dragon. The video then ends with the 2 protagonists in a snow-washed forest.
A brand new period will rise from the ashes.
Collectively, we are going to construct till Valhalla. pic.twitter.com/WVmMNMIqa5
— VALHALLA (@valhalla) November 14, 2022
Who Created Valhalla?
Valhalla is a top-tier NFT gaming venture based by Alex Lin, who additionally based Stacked Studios. Stacked Studios is a Los Angeles-based Web3 startup studio constructing a decentralized live-streaming platform. The NFT venture is constructed by a workforce of 11 full-time workers at Stacked Studios. The group has immense web2 and web3 expertise, coming from prestigious institutes together with MIT. Among the workforce additionally come from the world’s high firms – Microsoft, Uber and Goldman Sachs, and many others.
The totally doxxed workforce is as beneath:
Alex Lin – CEO
Ryan Wen – Chief of Workers
Victor Cheng – SR Software program Engineer
Samantha Chow – Product Supervisor
Terry Kang – Software program Engineer
Roberto Berwa – Software program Engineer
Ding Zhang – Lead Software program Engineer
Matt Henderson – Software program Engineer
A few of Valhalla’s gaming companions are as follows:
Wardell – Professional Valorant participant
JD Gaming – The #1 League of Legends workforce in China
Talon esports – Premier Esports workforce in Asia-Pacific
Sentinels – Esports workforce (Valorant, Fortnite, Halo, Wild Rift, and Apex Legends
T1 Esports – 3x World Champions (League of Legends)
The Valhalla NFT venture positions itself to turn out to be the primary gaming NFT group on the planet. Valhalla ran a singular utility course of for his or her mint. Current members despatched out referral codes to pals, so the applying pool grew purely by phrase of mouth. This distinctive mannequin noticed the venture generate over 11,000 functions, making it an enormous web3 success story!
At present, the venture has over 24,000 members on their lively Discord server. Valhalla NFT holders additionally acquire entry to sure Discord channels that non-holders can’t enter. Customers with no Valhalla NFT can solely entry the essential Discord server.
Furthermore, in response to Valhalla’s official NFT Twitter, the venture has over 48,000 followers since Could 2022. However beware, a number of faux accounts of the venture are already on social media. Collectors should observe their official accounts to keep away from scams and fraud.
Valhalla vs Azuki NFT: What Occurred?
The web3 model has additionally confronted its fair proportion of conspiracy. And this one is up towards one other well-known Anime-themed venture – none aside from the highest NFT assortment Azuki. The entire thing began out when crypto detectives NFT Ethics wrote an in depth thesis on each these initiatives. Apparently, each the initiatives have the identical founders and Valhalla could be nothing greater than a rip-off. In fact, each the initiatives’ communities received dragged into this and spiraled into controversy.
For these unfamiliar, Azuki is a digital model related to 10,000 avatars. It’s the first of its type, high Anime-themed avatar assortment to ever exist. Since its launch, the venture has always innovated within the house, bringing new and improved applied sciences to additional its growth into web3. Many take into account Azuki to be on the forefront of web3 innovation nonetheless. The founding father of Azuki is Zagabond alongside co-founder HoshiBoy. And this, as NFT Ethics factors out, is the supply of the controversy.
Valhalla NFT Founder Alex Lin additionally based Stacked Studios. Of their authentic thread, NFT Ethics claims that Alex Lin and HoshiBoy are the identical folks. It’s because each have comparable biographies on their official web sites. The official Azuki web site shows Hoshiboy as a design lead who “did Y-Combinator twice”. Whereas, on Alex Lin’s official Twitter, it states that he’s a 2x Y-Combinator founder. Alex Lin’s profile beforehand additionally confirmed him because the design lead.
However issues took a flip when the group responded to NFT Ethics. In reality, they debunked this concept themselves within the subsequent thread they put out. They state that Alex Lin and Hoshiboy usually are not the identical folks however moderately “long-term enterprise companions”.
Nonetheless, the response from varied group members and the vast majority of folks was disagreement. They known as NFT Ethics out saying that each one of that is an overthought conspiracy concept. Some even declare that NFT Ethics has a private agenda towards each collections. Furthermore, additionally they stated somebody paid NFT ethics to stir the drama to negatively impression each Valhalla and Azuki NFT collections.
Though, it’s simple that each collections do share similarities of their artwork model. The characters of each collections are anime-theme avatars. Every NFT in each their collections solely has facet profiles proven. Moreover, each initiatives cater to web3 gaming as effectively. It wouldn’t come as a shock to anybody to match and distinction each these initiatives. However there aren’t any limits to web3 and having one Anime themed assortment doesn’t imply somebody can’t make one other profitable one on this house.
The Future Of Valhalla
Valhalla has constructed a tight-knit group on each Twitter and Discord since its launch. With over 11,000 functions for early entry, the gaming partnerships they’ve already shaped, the workforce’s background, and the general high quality of the model, it’s secure to say this can be a long-term-minded venture. The NFT workforce builds for the far future and caters to one of the vital worthwhile sectors on the blockchain – web3 gaming.
Moreover, Valhalla is already funded with years of runway and can predictably combine effectively into the Stacked Studios ecosystem. In September, Pantera Capital led a $12.9 million Collection A funding for Stacked Studios. The improvements and future prospects of Valhalla are a promising path for its web3 group.
All funding/monetary opinions expressed by NFTevening.com usually are not suggestions.
This text is academic materials.
As all the time, make your individual analysis prior to creating any form of funding.
