The Meebits
meebits.larvalabs.com
What Jamie wrote
This new NFT project launched this week from Larva Labs, who also created the famed CryptoPunks. The CryptoPunks are now selling for over $1M in some cases, so the launch of a new project from this team is a big deal.
The Meebits all sold within a few hours. There were 20,000 of them generated. Owners of CryptoPunks could get one for free, and new buyers had to pay 2.5 ETH, or $8,000 to mint. Larva Labs generated $80,000,000 in a few hours. There was also a run-up in the price of ETH right before this. I wonder if that inflow had anything to do with it? Likely not.
It will be interesting to see how these transition over time. You can also see the collection on OpenSea.