1/As part of "The Complete Works of @XCOPYART"
Today we look at the 1st craftable NFT project in
The @PlasmaBears Breakdown
Everything you need to know in 1 🧵
2/Plasma Bears
Plasma Bears was a collectible crafting game created by @BlockadeGames in early 2019
It challenged players to collect rare bear parts and create unique NFTs
Each NFT was a combination of several different bear body parts with each part contributing to rarity
3/Blockade Games
Founded in 2018 to create F2P NFTs
Blockade Games also developed @NeondistrictRPG and Pineapple Arcade
Plasma Bears were launched as a prototype for Neon District, to test out advanced new tech enabled by Ethereum
4/Team
@Coin_artist - CEO & CoFounder
In Aug 2021 she was named to Fortune Magazine’s NFTy 50
@Cybourgeoisie - CTO & CoFounder
Diego Rodriguez (@Dhtenshi) - CoFounder & Artist
Chris Chapman (@m3mnoch) - Exec Producer
Kyle Chivers - Art Director
Dave Smith - Game Designer
5/Launch
The team had been waiting for a metadata type token and when @CryptoKitties released, they launched within the week
Fun fact: Plasma Bears were originally named "BUIDL Bears" until lawyers advised against it due to a clash with Build-A-Bear Workshop
6/Loom Network
The Bears were originally on the Loom Network
The smart contract for crafting and building bears was written by @fablednet and @RandallKanna
7/Early Contributors
Plasma Bears incorporated artwork from some of the earliest crypto artists including @XCOPYART
Here is a list of early contributors:
8/Popularity
Plasma Bears was the 1st craftable NFT project and created with a F2P format
Because there were no gas fees it attracted a lot of players
In 6 weeks, over 300,000 NFTs were created
Fun Fact: @VitalikButerin was given a custom bear as an early gift
9/Ethereum Bridge
Loom Network unexpectedly shutdown and the Bears had to be bridged to ETH
Due to gas fees and lack of market activity, very few people moved them over before the bridge closed
Fun Fact: "Plz Don't Die" owned by @Cybourgeoisie was the 1st bridged Bear
10/Shutdown
Following the bridge due to lack of players the Plasma Bears game shutdown
Only 1503 original assets from the Plasma Bears game exist
11/Scarcity
There are a total of 22 XCOPY Bears remaining:
12 Common rarity
10 Uncommon rarity
All are 1 of 1s and are aesthetically pleasing
12/Accumulation
In March 2021 OGs like @Coldie and @MattKaneArtist began to pick up a few XCOPY Bears
Early holders were also happily hodling
13/Gold Rush
In Aug 2021 the Bears came to the attention of @Garyvee
He collected a complete set of 3 XCOPY bears for 146 ETH ($451,700)
Spurring a gold rush that propelled the project into OpenSea’s top-10 in 24-hour sales volume
14/Gold Rush continued
Another complete XCOPY bear sold for 100 ETH ($309,384) and a partial one sold for 33 ETH ($102,097) soon after
@LoganPaul also decided to buy a bear for 23 ETH
15/Complete Sets
Only 3 collectors managed to collect all 3 colour variations: @Coldie, @Garyvee & Edmond
No collector has managed to collect three Uncommon Bears
16/Valuations
The floor for a set of 3 colour variations is 1000 ETH for 1 Uncommon (bear 24) and 2 Commons (bear 22 and 23) (these are for sale by Edmond):
opensea.io/bundles/ethere…
17/OS Links
Links to the 3 UNCOMMON bears
tinyurl.com/3rw2apk4
tinyurl.com/3yh5j8am
tinyurl.com/5n7fvhtk
18/Ownership
@Mattmedved created a great tracking spreadsheet to show ownership
tinyurl.com/2zahx2xu
19/XCOPY Biography
This gives a great primer for "The Complete Works of XCOPY" series
20/XCOPY Thread Enthusiasts
@0xb4_ @randomcdog @premalamatthen @FredrichVonH @bongdoe @BTCBob100k @stimulatorj @hyp_eth @munhenhos_ @Punk3395 @fuckineth @BkCtog @cryptoW1p0 @BAYC1519 @1337Tpunk @pravijn @elisteroid @wang666brother @DnznJuan @sundog_art @harsha_nik @NFTLuxLife
21/Enthusiasts con
@nf_suzanne @Noahbolanowski @FranzNFTs @zk_falcon @fuckineth @VERYMASA045 @CaoLinSan @Jairohm1971 @next_roy @NFTooPerfect @Roland21226830 @itstheDoom @gpunknft @jmpailhon @suntaeth @tamib001 @Valz_eth @devilsx666 @hyp_eth @NFTek2424 @NicholasKGarvin @zaisanArt
22/TL;DR
1. Plasma Bears
2. Blockade Games
3. Team
4. Launch
5. Loom Network
6. Early Contributors
7. Popularity
8. Ethereum Bridge
9. Shutdown
10. Scarcity
11. Accumulation
12. Gold Rush
13. Complete Sets
14. Valuations
15. OS Links
16. Ownership
17. XCOPY Biography
23/Thanks for reading❤❤❤
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