Memeland Sailing to Bitcoin
Memeland announced it will teleburn 111 of its MVPs from its treasury to Ordinals to celebrate their one-year anniversary.
The Deets
- The teleburn involves the highest-valued NFT in the Memeland ecosystem.
- Memeland plans to establish a collective of top builders, artists, and collectors on Ordinals.
- Further announcements, including the Captainz reveal, the $MEME launch, and a new minting event, are expected soon.
The Bulk
Memeland will ring in its first anniversary with a historic move. The project is planning to teleburn, or transport 111 MVPs from Ethereum to Bitcoin.
This teleburn holds significance as it's the highest-valued and first official one of its kind, reflecting Memeland's commitment to bold and innovative actions. These MVPs, initially minted at 5.3 ETH a year ago, have seen their value move above 50 ETH today.
Memeland has more developments lined up to be unveiled soon, including Captainz reveal, the launch of $MEME, and more.
❗️Why It Matters
Aside from Yuga Labs' Twelvefold, none of the top NFT ecosystems on ETH have made the daring move over to the Bitcoin blockchain.
📊 By the Numbers
Memeland's MVP have increased tenfold in the last year. With a mint price tagged as "expensive" and a supply of just 111, the total estimated value of the teleburn stands at approximately 6,438 ETH, translating to around $10.6 million.
🎤 Project Prose
The best is yet to come. Just sit tight and enjoy the ride! AHOY!Memeland Community
🔜 What's Next?
In the coming days and weeks, Memeland will be making several exciting announcements. Keep an eye out for the unveiling of the Captainz, the launch of $MEME, and a new minting event.
