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Kanpai Pandas

Kanpai Pandas

by Kanpai Labs(Apr 22, 2022)
Rank #46
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Kanpai Pandas is an NFT collectible created by Kanpai Labs that was released on 4-22-2022. The project consists of 7,946 unique digital items living on the Ethereum blockchain. We categorize it as a pfp/avatar project and it's part of the Kanpai Labs general collection.

What is the Kanpai Panda NFT collection?

The Kanpai Panda collection is a set of 10,000 hand-drawn NFTs that are designed in a stylistic manner and can be found on various chains such as Ethereum, BNB, Polygon, AVAX, Fantom, Arbitrum, and Optimism. The Kanpai Pandas team has collaborated with LayerZero to launch their project on 8 different chains, which is a technological advancement that will change the functionality of NFTs.

From this collaboration, a new cross-chain transfer portal will be provided to enable a seamless omnichain experience without having to deal with different block explorers across networks. By simply entering the token ID and destination chain, the NFT can be transferred. This will improve liquidity, cross-chain virtual worlds and game possibilities, and allow for advanced PFP mechanics and general composability across chains, making it easier for developers as a core building block of web3.

LayerZero's omnichain mechanics make it possible to implement game theory easily, such as automatic PFP changes based on on-chain activity and rewards for collecting Kanpai Pandas on all chains. Different genesis collections can vote on an event, and the team is in discussions to provide further value to current and loyal Kanpai Panda holders.

At a first glance, we can note that Kanpai Pandas are not a flat and boring NFT project.

Is Kanpai Pandas rarity what gives them value?

Kanpai Pandas are more than just rare and beautiful NFTs, they offer a golden ticket to an exclusive club with unique experiences and on-chain innovation. Kanpai Panda owners have access to high-profile events, concerts, sports events, major athletes, and celebrities. The value of Kanpai Pandas comes not only from their rarity but also from the added value that the brand constantly provides to its holders.

In its first fourth months, Kanpai Pandas amassed over 90K social followers, hosted over 30 real-world events, and made the brand available on seven different chains. The brand has plans to expand even further, with over 40 events planned for 2023 in cities such as Miami, New York, Los Angeles, Dallas, Abu Dhabi, Dubai, Sydney, and London. In addition to events, Kanpai Pandas are introducing their own proprietary point system where users can earn points depending on the rarity of their Panda. The points can be used to play in-app games and enter event raffles for a better chance of winning tickets to a Kanpai Panda event.

Kanpai Pandas is also working on developing a native poker platform where they can host and throw poker tournaments for crypto or real-life prizes of all sizes. They have airdrops and new artwork collections in the queue to be released, with limited rare collections coming to the Panda family. The brand has also signed a 15-year suite lease agreement with Allegiant Stadium, demonstrating its long-term commitment to providing benefits to its holders. In short, owning a Kanpai Panda is not just about owning a rare and beautiful NFT; it's about being part of an exclusive club with unique experiences and on-chain innovation.

Who is behind the Kanpai Panda NFT collection?

Kanpai Pandas NFT was created by the team at Kanpai Labs, led by @DaRealMilkBagz, all that we have is its Twitter handle. He managed to assemble a group of specialists to provide benefits to Kanpai Panda holders.

Although the team remains anonymous, following Satoshi's legacy, one of their ambassadors is well-known. The famous MMA fighter Jon Jones agreed to serve as the brand ambassador for Kanpai Pandas, a multi-million dollar NFT brand.

What lies ahead for the future of Kanpai Panda PFP?

Looking ahead, the future of Kanpai Panda PFP looks promising with exciting plans and initiatives in the works. In the longer term, Kanpai Panda Club members can expect to receive high-quality exclusive merchandise drops, including custom apparel designed in partnership with top streetwear and designer brands. Additionally, Kanpai Panda Club members will also receive an honorary physical Kanpai Panda collectable, further solidifying their membership in the exclusive club.

Another exciting initiative that the Kanpai Panda team is pursuing is the creation of an anime character-based comic collection. Club members will have the opportunity to nominate their own exclusive pandas for the comic based on self-proposed storylines. The community will decide which pandas make it through to the official comic series, and those who are selected will win serious prizes.

Furthermore, the team behind Kanpai Panda is exploring opportunities to expand the brand across various industries, such as the world of television. If Kanpai Panda strikes a deal for a hit TV show, royalties will be paid to featured pandas and to KP holders as a whole. As a Panda holder, one is not only supporting its growth and success but also has the opportunity to be rewarded for doing so. With these exciting plans in the pipeline, the future of Kanpai Panda looks bright and full of possibilities.

What was the Kanpai Panda NFT price of mint?

There were 2,000 Kanpai Panda NFTs that were initially minted on the Ethereum blockchain. The price of minting each Kanpai Panda in this initial round was 0.11 ETH, which means was around $400 for each panda, at the time of minting.

Then, the team released a second round of Kanpai Panda NFTs that was held on April 22, 2022. This new round of minting consisted of 7,000 Kanpai Panda NFTs, which is more than three times the number of the initial mint. However, to take care of the new holders’ wannabe and keep the price similar to the initial minting price, each Kanpai Panda NFT in this new round of minting was sold for $400 USDC.

Before the second minting event, was announced that Kanpai Panda NFTs minters could pay using BNB, however, they had to pay using Binance stablecoin, BUSD.

Which was the most expensive Kanpai Panda NFT ever sold?

The most expensive Kanpai Panda NFT was sold for $35k on February 20th, 2023. This particular Kanpai Panda NFT had a combination of traits that made it particularly valuable. These traits included a Red Sun tattoo, Naked clothing, Wheat mouth, Binance as a birth chain, Cuban Link jewellery, Cyclone mood, Alien body, and Dragon Mask head. After being mined for about $400, do the maths on the profit this Panda made on its way to the moon.

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