What is Ether? Ether is a collection on Ethereum of 5,555 NFTs featuring high-quality anime-themed artwork. Let’s find out what is special about this project with Weakhand in this article.
Before jumping into the article, everyone can refer to some of the following collections to gain more knowledge about the NFT market:
What is Ether?
Ether collection overview
What is Ether? Ether is an Ethereum collection of 5,555 NFTs featuring high-quality anime-themed artwork. After over 1.5 years of development, ETHER planned to launch in the second quarter of 2023, after a long wait, the project team recently announced that it will mint at the end of this month.
The collection is revealed to have more than 500 different features with more than 50 billion shade combinations. In fact, ETHER’s uniqueness lies in the variety of its features, its level of detail and its completeness, which further emphasizes its value as a collectible item.
While there has been little discussion about its potential practical uses, there are plans to offer small exclusive NFTs, as well as a roadmap that could include clothing and the creation of an anime series.
Characteristics of NFT Ether
The NFT collection includes 500 different character depictions that will be revealed at launch. ETHER will be divided equally between male and female characters and divided proportionally:
- Humans: at 50%.
- The rarest level will be a 1-for-1 product, accounting for 0.05% of the collection.
- The second rarest tier will be the “corruption” tier, accounting for 0.95% of the collection.
- Next are the “imp/vampire” and “mechanic” tiers at 19% and 30% respectively.
When minted, you will receive the same NFT and will have different characteristics revealed 10 weeks after minting.
Mint Details of NFT Ether
Minting details were made public on December 10, 2022. But there was a lot of talk about the public minting price of 1ETH, but recently the project team announced an update on the price and minting date of Ether.
Of the 10,000 pieces in the collection; 1,750 will be reserved for the 875 whitelist members, each with two points, while 8,000 will be available for minting by the public and 250 shards will be reserved for the team treasury.
The public mint price will be 0.65 ETH, while whitelist members will be able to choose from three options:
- Cast both for free and lock them for 10 weeks.
- One-time minting is free, locked for 10 weeks, and one-time minting costs 0.35ETH, unlocked.
- Mint both for 0.35ETH, unlocked.
The ETHER Treasury will receive 70% of the coinage, which corresponds to 9 million USD, assuming a full sale, while the remainder is allocated to the pool. Ether founder Vii announced in early January 2023 that ⅔ of his portion would be donated to charity “to support people with poor mental health, living in abusive households offers and help set up food banks.”
Role distribution
ETHER announced its first tweet in July 2022, but its invitation campaign started later in September 2022. Since then, the ETHER team has been carefully selecting new members daily and will Continue doing so until minting takes place.
Initially, the selection process was managed through the main ETHER account, but is now being handled by Hatchi’s Twitter account , representing the “spirit of Ether”. Discord is now open to everyone.
Overall, the team encourages people to show their support for the project by sharing unique content, including fan art, memes, lore, music, etc.
Most recently, VIII hosted one Official art competition named “E10K” , in which the top 60 participants were assigned the role of “Craftsman Stone.” This contest ran for a month and ended on February 22, 2023. The contest resulted in an incredible turnout with a large number of entries. Similar events may occur in Q2.
Compare projects
ETHER shares many similarities with projects like Azuki and Valhalla, including their appearance as well as their scale and audience reach. ETHER adopts a similar coin distribution, possibly aiming to create a similar community platform.
Additionally, ETHER has yet to demonstrate the same overarching vision as Azuki’s of building the “largest decentralized brand” but with an emphasis on quality. Like Azuki, the ETHER project emphasizes world-building and storytelling, especially through anime. The project also aims to allow the community to build on top of ETHER intellectual property, which may involve licensing in a similar way to Azuki.
Core Team
The ETHER project was founded by Viii, a famous digital artist and founder of “Crypto Valley”, and a prominent figure in web3.
The Web3 space created an opportunity for Viii to realize his dream, especially since he was one of the first to create phygitals – a combination of physical and digital wearables. Examples of his work include THE METAJACKET and RTFKT Space Drip x Nike Air Force 1: Viii.
Ether Information Channel
summary
Ultimately, ETHER is a promising project, driven by two likable founders with a proven track record. This is their first attempt at building a community around digital collections. The duo have been welcomed with open arms in the NFT space and have found their niche by combining their respective reaches and unique expertise.
Ultimately, the ETHER project’s focus on quality may be challenged in a rapidly evolving space. It remains to be determined how quality will be perceived and evaluated by both the core and broader communities over time.