Proof, a startup in the NFT space, has launched its latest collection of Ethereum profile picture (PFP) NFTs called Mythics. This new collection represents the next phase of the Moonbirds project and expands the digital art ecosystem of the platform.
Mythics comprises 20,000 profile picture NFTs, each showcasing unique hand-drawn illustrations of mythical birds, setting it apart from the pixel-based Moonbirds collection. The launch of Mythics coincided with a successful $50 million Series A funding round led by Andreessen Horowitz in August 2022. Moonbirds, the predecessor to Mythics, has already achieved significant success, generating close to $650 million worth of NFT trading volume with its collection of 10,000 owl-themed NFTs.
It's happening….
The first Mythics egg activations and @oddities_xyz burns will begin on the PROOF website in 24 hours! pic.twitter.com/X23ivkVBc9
— Moonbirds (🦉, 🎨) (@moonbirds) July 19, 2023
Participation in the Mythics collection involves Moonbirds NFT holders “nesting” or staking their bird to become eligible for a Mythic egg, which eventually hatches into one of the new NFTs. In contrast, holders of Proof’s Oddities collection, a previous spinoff of Moonbirds, must “burn” or permanently destroy their NFTs to qualify for a Mythic.
The minting process for the Mythics collection begins with the daily random selection of 50 claimed eggs and 50 Oddities. This process will continue for at least 200 days, releasing up to 100 Mythics per day. The Mythics collection consists of three categories: rarer stone and legendary eggs (20% of the collection each) and runic eggs (60%). A legendary egg can spawn three different Mythic forms, while a runic egg has two potential forms, and a stone egg has only one.
Kevin Rose, co-founder, and CEO of Proof, expressed his excitement for Mythics, highlighting the goal of offering the community a fresh experience that connects the Proof ecosystem and expands the storytelling of Moonbirds.
Holders of Mythics will have complete commercial rights to their art and can utilize the characters’ intellectual property, making it an enticing prospect for community members. Additionally, all Mythics holders will gain limited access to future Proof releases, art installations, and exclusive invitations to digital and real-world experiences. They will also become full members of the Lunar Society, Moonbirds’ entrepreneurial arm, where they can propose and vote for supported projects.
The Mythics launch coincides with the opening of Foundry by Proof, a 4,000 square-foot gallery and Proof community hub located in downtown Los Angeles. The grand opening event is scheduled for Friday, providing a physical space for enthusiasts to engage with NFT art and the vibrant Proof community.
Mythics marks a significant milestone in the evolution of Proof’s digital art ecosystem, promising a captivating 200-day minting experience that expands the narrative of Moonbirds and brings excitement to the Proof platform and NFT enthusiasts worldwide.
