In the past decade, technology has taken drastic steps to allow people to thrive on digital platforms. Recently, cryptocurrencies have become one of the hottest topics. Bitcoins and the like have inspired others to develop similar intangible tokens of value like NFTs. Joining the trend is the rising NFT Playful Pandas.
Created by cryptocurrency fanatic and NFT enthusiast BigWangDan, Playful Pandas is a collection of over 8,888 randomly generated NFTs on the Ethereum blockchain. Like most NFTs, Playful Pandas is a unique, one-of-a-kind digital token that can be bought, sold, or traded. Like video game-generated avatars, each Playful Panda is generated with different colored backgrounds and uniquely designed pandas. In addition, these NFTs are created with unique fur eyes, mouths, outfits, and head accessories to give the pandas a fresh and distinctive look. However, the pandas are randomly generated, prompting holders to make trades or sell their avatars.
While the collection is already reason enough to purchase a Playful Panda, holders are also invited to participate in a magnificent growing community. “We are planning on reinvesting back to the community because, in the end, that is what we are all about,” said founder BigWangDan. “We want everyone who buys a Playful Panda to help us direct the project on becoming one of the most exciting NFT projects to come into this space. Our vision is to provide as much value to the community through contests, raffles, airdrops, charity, and so much more.”
Playful Pandas was made available for purchase through their website on September 30th. Selling at a flat rate of 0.04 Eth (per NFT) + Gas, interested holders can get a limit of 20 Playful Pandas per transaction. However, first-time buyers have to ensure that they have either the MetaMask app or extension on Google Chrome to create a wallet and buy Ethereum from exchanges like Coinbase or Binance before sending it to their MetaMask Eth wallet. After that, they can connect to their website with the extension or app and mint for the NFTs. Upon minting, a Playful Panda will be generated with the brand’s rarity algorithm. The process takes over an hour to generate the Playful Panda, giving soon-to-be holders enough time to get excited about the panda they get.
While there is an air of doubt that usually hangs around NFT products, Playful Pandas ensure that it is unlike other so-called NFT brands. With a roadmap that reassures potential holders, Playful Pandas will be giving away 5 Eth back to the holders who helped them reach their milestone at 40%, showing appreciation to its holders. At 60%, they will be donating $25,000 to the World Wildlife Fund, and at 70%, $25,000 to any charity the community decides on.
Additionally, Playful Panda owners don’t have to worry about owning the rights to their purchase. “When you purchase a Playful Panda, you own the exclusive rights to your Playful Panda. So feel free to create and share anything that you can imagine with it.”
Despite its release only a few days ago, Playful Panda NFT has already reached 10% in its roadmap. BigWangDan and his team are optimistic about the outcome of the NFT as they strive to build a community where everyone feels welcome; a community that gives back to them and plays a role in making a better world for wildlife.