BIRB Moonbirds Project Research
Binance January 28 Alpha
Moonbirds is an NFT project on the ETH chain, with a total of 10,000 pixel art style owl NFTs, now transitioning and upgrading, including NFT brand incubation, physical stores, collectible auctions, card games, and more.
📑 Project Features:
🔸 Assets are in ETH, bird tokens are issued on the Solana chain
🔸 Aiming to achieve $1 billion in annual revenue through physical product sales, benchmarking Web3 version of Pop Mart
💰 Token Economics:
🔸 See screenshot, team and investor share is 35%, locked for 1 year, linear unlock over 2 years
Total token supply is 1 billion, initial circulation reported to CMC is 285 million.
💹 Project Economic Model:
🔸 Sales of physical products
💷 Participant Revenue Sources:
🔸 Locking NFT to obtain bird distribution
💲 Financing Situation:
🔸 Not mentioned, historical news shows that the project raised $3.5 million after being acquired
⚠️ Points to Note:
🔸 Community total allocation is 65%, there is no specific allocation timetable, dependent on ecological strategy.
🔸 The project's NFT has already dropped more than 90% in value from its peak, influenced by token issuance, the price has risen.
🔸 Based on the current situation, achieving annual revenue of over $1 billion seems somewhat difficult.
