CLONE X NFT
Do you want to carry your NFT avatar around with you in the metaverse? If so, Clone X is the ideal NFT collection for you. Clone X's NFT collection is an NFT avatar set from RTFKT (pronounced "artifact") and Takashi Murakami, a famous Japanese artist. Clone X is one of the most successful NFT projects ever built.
Clone X's NFT collection is not only Metaverse-ready and offers high-end avatars, but it also heralds the start of a community-driven, high-quality environment. RTFKT Takashi Studios announced a public auction for its 20,000 Clone X 3D avatars NFTs on social media, an avatar collection for video games, movies, and other features within and outside the metaverse, in late November 2021.
Takashi Murakami has contributed to the collection by creating a slew of bright details in his trademark style. As a result, the Clone X avatars wear a wide range of apparel, accessories, and hairstyles. Each attribute is incredibly realistic because of RTFKT's integration with the Daz 3D platform.
Clone X NFT Collection: A Brief History
The 3D avatar project describes its plot as being led by three extraterrestrials on the orbitar world near the Draco galaxy. According to the site, human qualities and behaviors are copied and implanted into metaverse clones to "evolve people into more sophisticated entities."
According to the founders of NFT Projects' public launch, the firm has based its brand on the metaverse, which "allows for a new method for fashion labels to develop not simply apparel but an entire living ecosystem.”
People in the virtual world are not limited by the physical world, legacy, or other obstacles, as they are in the actual world. "Developing fashion pieces and character costumes to wear them and utilize them as your identity in the metaverse is a huge step forward for future fashion firms," Pagotto said.
Aside from NFTs, the metaverse was another massive topic in 2021, with everyone jumping on board. RTFKT, on the other hand, sees this as the beginning of a new age in which the value of physical belongings has transferred to digital assets to allow people to "live a more healthy and uncomplicated existence in the real world."
RTFKT NFTs secured $8 million in a preliminary fundraising round headed by Andreessen Horowitz in May 2021. RTFKT Studios claimed that it planned to utilize the funds to "push the NFT ecosystem forward and help define the future of virtual fashion and commerce in the metaverse" by creating an NFT marketplace, investing in projects, and expanding its workforce.
RTFKT created history by selling NFTs of digital shoes in partnership with artist Fewocious before the Clone X NFTs. In less than 7 minutes, the transactions for the shoes brought in more than $3 million.
RTFKT used graphics from previous NFT initiatives, such as the Bored Ape Yacht Club and CryptoPunks, for its digital shoes.
Following an announcement, secondary Clone X sales skyrocketed as investors flocked in, pushing the collection's floor price to 6 ETH, up from 3 ETH. That was before the biggest news broke.
As brands and businesses prepared for the metaverse, Nike hopped on board by purchasing RTFKT Studios, which "accelerates Nike's digital transformation and allows us to serve athletes and creators at the convergence of sport, creative, gaming, and culture," according to Nike President and CEO John Donahoe.
Internet behemoths such as Facebook have already poured billions of dollars into the metaverse. Apple CEO Tim Cook, who owns cryptocurrencies, has stated that the corporation sees "a lot of potentials" in the metaverse and is investing in it.
Clone X's popularity has caused its current floor price to rise to 14.4 ETH from the RTFKT pre-sale price of 0.05 ETH and 3 ETH for the Dutch auction.
You can acquire some of these colorful NFTs on the secondary market from crypto art buyers now that the enthusiasm around them has been on the rise and shows no signs of slowing down.
Clone X Paid Homage to the Bored Ape Yacht Club
Bored Ape Yacht Club is a project by Yuga Labs that consists of 10,000 ape-themed NFTs with various qualities and distinctive attributes.
BAYC, like most PFP-based NFTs, has vast influence by CryptoPunks, the first of several NFT efforts aimed at creating characters with distinct qualities and rarity levels. Yuga Labs has elevated the entire concept of PFP-based NFTs.
Owners of Bored Apes are automatically members of an exclusive club with perks ranging from early access to new offerings to the possibility of receiving the commercial usage right to the purchased Bored Apes.
Clone X has paid homage to BAYC in various ways.
Clone X NFT Collection: The Growth
The announcement that Clone X parent firm RTFKT was purchased by Nike resulted in a spike in sales volume and valuation for the NFT project. It occurred around the same time as other big news stories, including competitor Adidas’ entry into Web3.
Adidas' Into the Metaverse NFT collection featured a pre-mint period reserved for Bored Ape Yacht Club, Gmoney, and Pixel Vault NFT holders. Although several delays and issues during the process, the NFT collection eventually sold out at 0.2 Ethereum ETH/USD apiece.
The Sandbox, Bored Ape Yacht Club, and Mutant Ape Yacht Club remained in the top 10, with minor volume increases from the previous week.
Clone X NFT Collection: Trouble
Since RTFKT revealed a metaverse-first avatar collection on November 27th, the pre-sale event for allowed collectors began, and Clone X Mintvile NFTs flooded the secondary market. The pre-sale NFTs' floor price was also higher, at 3.7 ETH. Unfortunately, as the November 29th public sale approached, issues piled up for the RTFKT team.
The team had to suspend the Dutch auction public sale several hours after it started because the website and smart contracts were both under assault. Collectors, on the other hand, were dissatisfied with the choice.
In a Dutch auction to distribute NFTs, the initial starting price is high, then progressively decreases. Collectors can purchase at any time, at the current price. Of course, you may wait for the price to drop, but NFTs tend to sell out rapidly.
Dutch auctions have recently gained popularity, though some NFT degens have frowned upon them. Pausing a Dutch auction if the price gets too low is an especially criticized practice. The RTFKT team delayed the Dutch auction midway for the Clone X mint, which some collectors perceived as an effort to maintain the price of NFTs relatively high.
Clone X NFT Collection: The Future
Clone X represents the beginning of a new era for RTFKT and one of the first genesis avatars created in the NFT reality. When it comes to the metaverse and its impact on the future, a Clone X avatar will likely be in demand. The metaverse as a whole allows us to live a digital existence alongside the physical world.
Clone X NFT Collection: The Final Words
In the NFT arena, PFP NFTs (ones where an individual will use the NFT as a digital profile picture) are the trendiest. RTFKT's Clone X collection is now trending, attracting attention, transactions, and cash. Its ability to run on numerous platforms and be metaverse-ready speaks much about its potential.
NFT may see a lot of attraction in offering privileged access to its Clone X owners and linking it to the real world with actual objects. It also provides other benefits through upgrades and the long-term ecology that RTFKT creates around them. "Having a Clone will be a flex," Pagotto, the company's co-founder, said.