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 line 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 undertaking goals to redefine web3 gaming in a significant method. There are 5 core character sorts 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 undertaking for gaming and streetwear fanatics. NFT holders have entry to an unique neighborhood, occasions, and digital drops.
What Is Valhalla NFT?
Valhalla is a crypto-native model for avid gamers. In line with the undertaking’s discord, VALHALLA is “an NFT undertaking constructing a neighborhood for avid gamers all over the world.” They’re constructing a tailored expertise for his or her members who’re obsessed with gaming and tradition.
Within the final 30 days (as of the time of writing), Valhalla has gathered over $15 million in complete quantity. In line with DappRadar, it is usually the sixth best-performing assortment within the final month on the Ethereum community. With over 12K ETH complete gross sales and 3K distinctive holders, the undertaking nonetheless mints with a flooring worth of 1.13 ETH. Valhalla has 38% distinctive homeowners 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 best way. A few of these embrace 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 undertaking 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 undertaking is constructed by a crew of 11 full-time staff at Stacked Studios. The group has immense web2 and web3 expertise, coming from prestigious institutes together with MIT. Among the crew additionally come from the world’s high corporations – Microsoft, Uber and Goldman Sachs, and so on.
The totally doxxed crew is as under:
- Alex Lin – CEO
- Ryan Wen – Chief of Employees
- 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 crew in China
- Talon esports – Premier Esports crew in Asia-Pacific
- Sentinels – Esports crew (Valorant, Fortnite, Halo, Wild Rift, and Apex Legends
- T1 Esports – 3x World Champions (League of Legends)
The Valhalla NFT undertaking positions itself to turn into the primary gaming NFT neighborhood on this planet. Valhalla ran a novel utility course of for his or her mint. Present members despatched out referral codes to pals, so the appliance pool grew purely by phrase of mouth. This distinctive mannequin noticed the undertaking generate over 11,000 functions, making it an enormous web3 success story!
Presently, the undertaking 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 fundamental Discord server.
Furthermore, in line with Valhalla’s official NFT Twitter, the undertaking has over 48,000 followers since Could 2022. However beware, plenty of faux accounts of the undertaking 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 justifiable share of conspiracy. And this one is up towards one other well-known Anime-themed undertaking – 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 tasks. Apparently, each the tasks have the identical founders and Valhalla can be nothing greater than a rip-off. In fact, each the tasks’ communities bought 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 undertaking has continually innovated within the house, bringing new and improved applied sciences to additional its growth into web3. Many contemplate 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 is 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 neighborhood responded to NFT Ethics. In reality, they debunked this idea themselves within the subsequent thread they put out. They state that Alex Lin and Hoshiboy will not be the identical folks however quite “long-term enterprise companions”.
Nevertheless, the response from varied neighborhood members and nearly all of folks was disagreement. They referred to as NFT Ethics out saying that every one of that is an overthought conspiracy idea. 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 influence each Valhalla and Azuki NFT collections.
Though, it’s plain that each collections do share similarities of their artwork fashion. The characters of each collections are anime-theme avatars. Every NFT in each their collections solely has aspect profiles proven. Moreover, each tasks cater to web3 gaming as properly. It wouldn’t come as a shock to anybody to match and distinction each these tasks. However there are not any limits to web3 and having one Anime themed assortment doesn’t imply somebody can not make one other profitable one on this house.
The Future Of Valhalla
Valhalla has constructed a tight-knit neighborhood on each Twitter and Discord since its launch. With over 11,000 functions for early entry, the gaming partnerships they’ve already fashioned, the crew’s background, and the general high quality of the model, it’s secure to say it is a long-term-minded undertaking. The NFT crew builds for the far future and caters to one of the worthwhile sectors on the blockchain – web3 gaming.
Moreover, Valhalla is already funded with years of runway and can predictably combine properly into the Stacked Studios ecosystem. In September, Pantera Capital led a $12.9 million Sequence A funding for Stacked Studios. The improvements and future prospects of Valhalla are a promising path for its web3 neighborhood.
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As all the time, make your personal analysis prior to creating any form of funding.