What Are Nft Derivatives & Extensions?
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Same basis + different aspects/approach = Derivative Project
What is a derivative NFT collection?
Cool Dogs 2213 bought for Ξ1.5 ($3,633.52)— NFT Whale Alert (@nftwhalealert) January 24, 2022
Avg Price: Ξ0.34
Head: Cool Cat - 0.7%
Face: VR Helmet - 1.38%https://t.co/Ns5ohrCEvT pic.twitter.com/8TuD3PsMh3
What is a Blue Chip NFT?
Punk 3783 bought for 450 ETH ($1,118,785.47 USD) by 0xace72f from 0x61ab21. https://t.co/NHS08ZWi5U #cryptopunks #ethereum pic.twitter.com/SnLgHyS0Rk— CryptoPunks Bot (@cryptopunksbot) January 26, 2022
Joined @BoredApeYC ready for the reveal? Thanks @moonpay concierge pic.twitter.com/gzm1JQEHHF— Gwyneth Paltrow (@GwynethPaltrow) January 26, 2022
COOL CATS@coolcatsnft is one of the biggest nft projects out there.— Kaspar ☾ (@_Kaspar__) January 27, 2022
And it's about to get A LOT BIGGER.
A global brand, play-to-earn gaming and a built-in economy...
Let’s go deep ↓ pic.twitter.com/q7w0NIZE5O
#NewNFTProfilePic— crypto_sharkkk (@crypto_sharkkk) January 23, 2022
Glad to be a part of this @MekaVerse community! 😎 #MEKAGANG pic.twitter.com/5ipqrIxYtS
@CyberKongz VX still mooning. Don't miss out on the best blue chip community! pic.twitter.com/1yYs3vDCK7— 0xSanta.eth (@Santa1573) January 27, 2022
Art Blocks Gazers 545 bought for Ξ7 ($17,529.89)https://t.co/GiLFhIXOym pic.twitter.com/VXj71d7xD0— NFT Whale Alert (@nftwhalealert) January 27, 2022
Why are there Derivative Collections of the Blue Chip NFTs?
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How big can it be an NFT Derivative Project?
When it comes to the size of a derivative project, usually people don’t expect them to be big enough to surpass the principal one. Imagine if a nike spin-off surpassed the original, the world would explode, but projects are trying, and so should you.
If we want to look at an official derivative project, we should take the example of Mutant Ape Yacht Club. It’s a derivative project from the well known collection “BAYC” created by the same team and emphasizing that it was an official derivative of the brand.
What are the Most Famous Derivative NFT Collections?
Crypto Punks Derivative Collections:
Sale Alert V1 PUNK #8085 bought for 32.00 ETH ($83,047.04 USD) by 0x076c26 from 0xc00c2b #CryptoPunks #V1Punks via @NFTSalesBots https://t.co/PjtunRz1GU pic.twitter.com/OavnaALiIB— V1 CryptoPunks (@v1punks) January 29, 2022
- To practice Generative Adversarial Networks (GANs) with his own dataset, as part of my artistic research at Masters programme at ArtScience Interfaculty.
- Even though Cryptopunks were way cheaper last year than now, he had no money to buy any, so he challenged himself to make “interesting enough” remixes of them.
The OG CryptoPunks are pumping again! 🚀 Priced out? Join us in @DystoPunks and collect daily $CREDS, mint CRATES and explore the tech-filled dystopian future with only 2077 others 💥 VX coming in March so the prices are still juicy before 📈 pic.twitter.com/OCW7f0OdVN— funbags 🧳🍌 (@funbaggies) January 25, 2022
Bored Ape Yacht Club Derivative Collections:
Grandpa Ape Country Club
Ape Kids Club
Doodles Derivative Collections:
- Each Male Doodled Punk staked will generate 1 $DUNK per 24 hours
- Each Women Doodled Punk staked will generate 1 $DUNK per 48 hours
- You can claim your $DUNK while your NFT is staked.
Will you be staking your #DoodledPunk? 🤔— Doodled Punks 🌈✏️ (@PunksDoodled) January 27, 2022
Read more about $DUNK and our staking mechanism below! 👇
👉 Coming soon on https://t.co/Nl6JuIxk9f 👈 pic.twitter.com/VH3N5mKTT6
@CryptoDickbutts Well well well, bit late to the sausage party but please welcome throbin' hood! 💕 pic.twitter.com/Gy44yYDawu— Lou King (@CryptoKingLou) October 10, 2021
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Summary of NFT Derivatives
From Bored Ape Yacht Club and Mutany Ape Yacht Club, to Cryptopunks and CryptoPhunks, NFT derivatives & extensions are exciting new developments in the crypto industry. Want to learn how you can leverage this