Latest Memo Angeles Presents: The Killa Chronicles News
The KILLACUBS NFT mint event is set to begin on April 20, with three mint windows, offering multiple opportunities to secure the KILLABEARS companions.
The Deets
- Three mint windows: Allowlist, Killaverse Holders, and Public
- One free cubryo for each KILLABEAR or Mint Pass owned
- 8,888 KillaCubs available at 0.25 ETH each
- Top 2,000 on the KILLASCORE leaderboard earn allowlist.
The Details
The highly anticipated KILLACUBS NFT mint event is almost here, with three mint windows planned. The first window, from 5- 8:00 p.m. ET, is reserved for the Allowlist. The second window, from 8-9:00 p.m. ET, is open to all Killaverse holders. Finally, the third window starts at 9:00 p.m. ET and is open to the public if supplies last.
KILLABEAR owners and those with a KILLACUBS Mint Pass will have an advantage, as they will be able to mint one free cubryo each. Additionally, KILLABEAR holders are not required to mint within a certain timeframe and can do so without expiration.
A total of 8,888 KillaCubs will be up for grabs, priced at 0.25 ETH each. To stand a chance at getting in the top 2000 on the KillaScore leaderboard, users must hold KillaChronicles. Full details can be found here.
After mint, KILLACUBS will need to be evolved through eight stages of incubation before it becomes a full KILLACUB.
❗️Why It Matters
KILLABEARS has been teasing the KILLACUBS mint for quite some time, and it will finally come to fruition later this week, offering a new entry point to the Killaverse and the KILLACUBS ecosystem. While many projects have been unable to capture positive momentum or sentiment, KILLABEARS has seemingly found its demographic, which has stood up strongly to the unrest seen throughout the rest of the NFT market. It's not uncommon for projects to experience a floor price decrease after a long-anticipated event is finally set in motion, so we'll see if the execution risk or lack of anticipation can help put a dent in this otherwise steady chart.
🎬 Take Action
Visit http://cubs.killabears.com for more details and updates as the mint approaches.
Killabears introduced a new rewards mechanism for its holders yesterday in a Twitter post from the project's official account.
❗ Why It Matters
By earning a high "KillaScore," KillaVerse participants will gain rewards including allowlist spots on upcoming mints and other perks.
🔍 The Deets
- For the first activation, collectors with a top-2,000 KillaScore will earn an allowlist spot on the project's upcoming "Killacubs interactive mint" on April 1.
- Down the line, KillaScore points will be awarded for things like holding other KillaVerse assets, participating in the ecosystem and more.
- Killabears will post a public-facing leaderboard that will track KillaScores over time.
🔜 What's Next?
- There will be a snapshot taken next Friday that will determine holders' first KillaScores.
- Collectors who hold a Killa Chronicles Open Edition NFT will accrue KillaScore points. One point will be awarded for holding Vol. 1, three points for Vol. 2 and eight poins for Vol. 3.
🕳️Go Deeper
The burn for The Killa Chronicles Volume 3: The Rescue is now open, per a tweet from KILLABEARS.
❗ Why It Matters
Holders of Volume 2: The Sacrifice are now able to burn 2 copies in exchange for 1 copy of Volume 3: The Rescue at memo.killabears.com.
6 hours of Killa Prizes are also up for grabs, with 1 entry for each Vol.2 that is burned before 10:20 p.m. ET. Per the project's tweet, "the earlier you burn 🔥 the more prizes you can win!", and the first hour of prizes (available until 5:20 p.m. ET) are Killabear #1952 & Killabit #3214.
🧠 Learn More
- KILLABURN: First the Sacrifice, Now the Rescue
- KILLABURN Coming Soon
- Killabears Catch Open Edition Fever
2 copies of The Killa Chronicles Volume 2: The Sacrifice can be burned for 1 copy of Volume 3 next Friday, Feb 24th, according to a tweet today from the project.
❗ Why It Matters
Holders of Volume 1: The Hunt were able to burn 2 copies for 1 copy of Volume 2 two days ago, and a similar 2:1 swap dynamic is in play for the burn next week.
📊 By the Numbers
36,568 copies of Volume 1 were burned according to the graphic on the website, which means there are 18,284 copies of Volume 2 in circulation. Thus a maximum of 9,142 copies of Volume 3 can exist.
At the time of writing, the floor price for Volume 1 sits at 0.05 ETH, and Volume 2 sits at 0.069 ETH. Interestingly, that means those that didn't hold numerous copies from the mint of Volume 1 (0.02 ETH price) would actually be better off just buying Volume 2 on the secondary, if they are planning to burn for Volume 3.
🎬 Take Action
Holders of Volume 2: The Sacrifice can burn two copies at memo.killabears.com next Friday, Feb 24th @ 4:20pm EST.
- [note: the website still has the details for The Sacrifice burn, but that will presumably be updated to The Rescue in the next week]
🧠 Learn More
After delaying due to high gas prices, the KILLABEARS KILLABURN will take place today at 4:20 p.m. ET, according to a tweet from the project.
❗Why It Matters
KILLABEARS were one of the only major PFP projects to run an open edition during the recent "open edition meta," and its Volume 1 NFT has proved quite successful, generating nearly 50,000 mints overall. Users will now be able sacrifice a pair of NFTs for Volume 2 later today.
📊 By the Numbers
The Volume 1 open edition NFT is up six percent over the last week, and relatively steady since the initial burn announcement. The collection holds a floor price of 0.055 ETH.
🎤 Community Quotes
🎬 Take Action
Holders of "Memo Angeles Presents: The Killa Chronicles" Volume 1 can burn at memo.killabears.com at 4:20 p.m. ET.
KILLABEARS' open edition, "Volume 1: The Hunt," can be burned on Feb. 14 at 4:20 p.m. ET. The date and time were confirmed on the burn website, after KILLABEARS tweeted today that the "countdown to the sacrifice has now begun..."
The Deets
No official details were shared regarding the necessary editions of "Volume 1: The Hunt" that will need to be burned to obtain a Volume 2 NFT.
❗ Why It Matters
KILLABEARS' open edition mint last week was a rousing success, and more than 49,000 copies of Volume 1: The Hunt were created in 24 hours. Holders will now have to decide whether to go down Path 1 and burn to claim - or wait and see how everything unfolds.
🔜 What’s Next?
The message on the burn site cryptically indicates that this is merely the first path, "but many more lie ahead. Each one leading deeper into the unknown."
📊 By the Numbers
In the last 24 hours, the floor for Volume 1 has risen to 0.06 ETH, a 20 percent increase day-over-day, and a 200 percent increase from the mint price of 0.02 ETH.
🧠 Learn More
