Latest mfers News

Sartoshi, creator of mfers, announced the creation of mfercoin, a new meme coin designed to celebrate and unite the crypto community over the weekend. 

The Deets

• Fixed Supply: 1 billion $mfer tokens with a no-presale policy
• Initial Distribution: 20% to mfer ecosystem participants, 80% to liquidity
• Community Focus: No tokens for influencers; treasury holds 10 million for future use
• Identity: Blue-hued mfer prototype as the official logo, signifying accessibility and homage to Ethereum's origins

The Bulk

Memecoin mania continues, this time with a twist in the introduction of mfercoin by sartoshi.eth, a concept that stems from the spirited ethos of the mfer community.

With one billion total tokens, the allocation strategy bucked the current presale meta trend; earmarking no supply for special parties.

Instead, a significant portion (20 percent) was distributed among the existing mfer ecosystem, including holders of specific NFTs and contributors to the community with the other 80% going to liquidity provision. 

📊 By the Numbers

Shortly after launch, $mfer quickly blossomed, running to more than a $300 million market cap in the first day. It's pulled back at present time to $183 million market cap, providing each mfer NFT with approximately $2,000 worth of $mfer tokens. 

For more web3 and NFT news, visit the Lucky Trader newsfeed.

@galtoshi and her husband, @DadMod_xyz, decided Mfers needed to live completely on chain, and have been working on this project for about a year. They partnered with @0xSomeGuy as a developer and will be releasing information per phase (additional infographics, FAQs, and AMA spaces) so as to not overwhelm the holders.

The Deets

• The Mfer collection is made up of 103 different layer attributes (plus nine that Sartoshi didn't use). Those attributes are going on chain first (Phase 1), starting this Thursday.
• The supply is 112.
• Mint date: May 25, 2023.
• Mint price: 0.69 ETH.
• The gif artwork is 2732 x 2048 by 330 dpi.
• This is phase 1 of three phases (Seed, Sow, and Grow).

The Bulk

Those that mint one of the 112 commemorative tokens for 0.69 ETH each in phase 1, which goes live this Thursday, 5/25, will receive an airdrop of the on chain base layer token. The funds collected from that mint will all go towards paying the gas to deploy the contracts onchain.

Both of those tokens (the commemorative art by @0xSThompson and the on chain layer token) can be traded on secondary. If these 112 layers do not mint out, then the project will not be able to continue.

❗ Why It Matters

This is a community-driven effort (like everything that the mfers do) to have the mfers collection live on the blockchain forever.

🔜 What’s Next?

Details on the phase 1 mint on 5/25/23 will be revealed in the 2nd onchain mfers AMA space (linked below), and mfers lawn flags will also be sold at Lowe's.

🎬 Take Action

Listen to the onchain mfers ama: "in the weeds" w @0xSomeGuy and @galtoshi Twitter Spaces at 10 p.m. ET tonight.

🧠 Learn More

• onchainmfers.xyz
• onchain mfers: part 1 - "seed" (ama #1) on Twitter Spaces from May 18, 2023
• Lucky Lead: Macro, Art Market Pumping, MFers Go Onchain on Twitter Spaces from May 23, 2023 [mfer section starts at 33:20 mark]

End of Sartoshi NFTs got a metadata update and a holder snapshot was performed, according to a tweet from Sartoshi. 

❗Why It Matters

While Sartoshi announced the upcoming utility for the End of Sartoshi NFTs upon their return to Twitter, the snapshot and metadata update mark the true beginnings of the End of Sartoshi art pass. All NFT holders will now be eligible for a PFP and will have access to art drops from notable artists, like the first from Patrick Amadon. 

The Deets

Anyone holding an End of Sartoshi NFT as of 1:50 p.m. ET on Jan. 23, 2023 is eligible for the free mint of a 20,000 NFT pixel art project. 

🔜 What’s Next?

Official details for the upcoming free mint will be shared tomorrow, Feb. 16 according to Sartoshi's announcement. 

🎬 Take Action

End of Sartoshi NFT holders can get a look at their "updated" NFT by refreshing the metadata on their NFT. 

🧠 Learn More

• End of Sartoshi Gaining Utility 
• Notable Artists Lead Claims

End of Sartoshi NFT holders will be eligible for a free claim starting in February, as well as a free mint of a new PFP project, according to Sartoshi's new Twitter account. 

❗ Why It Matters

While Sartoshi's brief exit and open edition mint of End of Sartoshi in June 2022 was not met without controversy, the return has received positive price action. Buoyed by the promise of future claims/mints/snapshots, the floor price for End of Sartoshi has hit 0.105 ETH, after toiling in the 0.04-0.05 ETH range prior to today's update.

🔜 What's Next 

Official claim and snapshot dates have not yet been provided, but more information is expected soon. 

🍎 Learn More

• Sartoshi Stepping Away as mfers Enter 'Next Era'
• End of Sartoshi Generates More Than $2M in Mints
• sartoshi returns mfers
• How Has The NFT Market Reacted to Sartoshi's Return?

Yesterday evening news broke that sartoshi would be returning on Jan. 1, 2023, after riding off into the sunset on June 9, 2022. sartoshi's last action was the creation of his "end of sartoshi" open-edition meme, where he sold 16,996 total NFTs at 0.069 ETH. The open edition almost immediately plummeted, trading below 0.01 ETH for several months.

But the news of his return has spiked interest and buy action, as end of sartoshi has since rebounded to 0.09 ETH, a whopping 220 percent gain on the day on 100 ETH of trading volume.

mfers have not been as fortunate, as the floor briefly rallied to 1.69 ETH yesterday evening at peak, but has since settled at 1.3 ETH (-2% on the day) on 228 ETH volume. This is somewhat disappointing price action on a set that many refer to as the best meme PFP project in the NFT space right now (it's a debate between mfers, Cryptodickbutts, and CrypToadz for most people).

A 1/1 mfer did sell for 18.69 ETH ($23,818) this afternoon though, in the highest sale in months.

There were also sales on rare mfers at 4.75 ETH, 5 ETH and 6.3 ETH in the last day.

On June 9, 2022, sartoshi, the creator of the NFT collection 'mfers,' announced that they would be stepping away from the NFT space and handing over control of the project to its community. They deleted their Twitter account and disappeared, that is until today according to a recent Medium article posted by sartoshi.eth.

In the post, sartoshi talks about various items, one being their reasoning for stepping away from the project. When talking about the ideology of a true cc0 project with artists and community members alike, sartoshi goes on to say "some mfers floated the idea that for mfers to truly reach a leaderless decentralized level, sartoshi should disappear into the ether." sartoshi mulled all of this over before deciding to bring it to fruition by releasing 'end of sartoshi' before exiting the space for the last six months. 

The founder then goes on to say they began to notice many within the NFT community viewed their exit as "simply an abandonment of the nft/crypto community" which sartoshi goes on to say "that was never the idea."

They end that statement with an immediate followup..."so on new year's day 2023, i'll be starting up as @sartoshi_rip."

For more information on Sartoshi's departure, see Lucky Trader's article here.

Amidst a bleak macroeconomic backdrop, NFT volumes continue to decline sharply according to our project rankings page. 

Despite the decrease in volume, floor prices are up over the last 24 hours. 

Notable price movements include:

• goblintown.wtf up 53%
• Sh*tbeast up 35%
• mfers up 42%