Released on 5/3/21, Meebits is the third project of Larva Labs and features a collection of 20,000 fully rendered characters who ostensibly will act as avatars or characters skins in a future virtual world. Like its predecessor Cryptopunks, Meebits come in a variety of character types with a diverse collection of clothing and accessories. The dissected character type is by far the most scarce, wit... + expand

While Cryptopunks themselves were completely free releases, Meebits adopted a hybrid model of distribution. Cryptopunk and Autoglyph owners were reserved a free Meebits mint free of charge, accounting for up to 11,000 Meebits. The remaining 9,0000 were sold on a Dutch auction format, starting at 2.5 ETH and selling out by the time the price reached 2.41 ETH. + expand

There were thought to be 16 Visitors in existence until a 17th mysteriously popped up on the secondary markets on 5/7/21. As it turned out, a community member was able to exploit the LL minting contract and minted an additional Visitor. Within the first day, it had traded hands twice: selling for 200 ETH and then once again for 299 ETH. + expand

Meebits have already shown a vibrant and active community with heavy trading early on. Thus far, the highest recorded sale was #10761, a Dissected Meebit, for 700 ETH. Overall, secondary market trading has remained strong, with Meebits catapulting up to the 13th highest volume NFT project, with over $42M in total sales. + expand

Cryptocurrencies are inherently risky, and emerging asset classes like NFTs are no exception towards the rule. In fact, as a whole, this asset class may carry even higher volatility than other crypto assets. While the NFT space has seen strong momentum, that may not always be the case; research accordingly and proceed with caution. + expand