Really sad to see reveal shutting down its Memeland NFT collectionš“āā ļø
Today, new artwork from the
@Memeland collection was revealed. And Iām not spreading FUD. I want to offer some constructive criticism for WEB3.0 as a collector of various TCGs (Pokemon, One Piece, Naruto) and a Memeland OG Holder. Currently, the floor price is hovering around 0.18E, which is a bad sign to me, despite the standard NFT and FP drop at the reveal. Let me explain why.
First and foremost, the art itself, after all this time, Iām still not very impressed, from the facial structures and character poses to the handling of shadows and colors, but those are all minor details. Traits and rarity - thatās what matters in the NFT community. By their very nature, NFTs are non-fungible, so every collector wants to own one unique piece. Here, however, under the guise of ā60,000 unique artworks,ā we ended up with about 69 artworks that were simply given a different color scheme and some visual effectsš
Second, there are no unique traits, no rare armor, weapons, hairstyles, or scars. Everyone will put the same standardized artwork on their avatar, which any freelance artist can draw, so it turns out thereās no point in overpaying for a lower drop rate, since rarity utilities are an even greater rarity in Memeland.
Third, the concept of a TCG is actually a good one, though its execution leaves something to be desired. You should hire a good consultant; for example, in PokĆ©mon, the rarity of cards is determined by various holographic effects, ranging from gold to rainbow. And the artwork itself comes in different stylesāgaming, modern, medieval paintings, cartoon, etc. Thatās why itās really interesting to look at each individual card, even the cheap onesš¦
And finally, I was disappointed by the reroll mechanism. I know your token isnāt exactly known for its stability and is highly volatile, but its main motto is ā$MEMEāto rule it all.ā And you simply donāt integrate it into the reroll payment system or your products, thereby demonstrating your loyalty to your token. Instead of trying to maximize your profits from it, you could have made it free and part of the gacha system for your reveal. As it stands, unfortunately, I donāt see anything innovative here.
I realize I can't change anything, but I hope that one day Memeland will rise like a phoenix, and that this reveal won't be the end of it. AHOY!