Any references to projects in this article are purely for information and should not be deemed financial advice, nor promotional.
Currently, the NFT market is heavily saturated. Most days, new NFT projects are getting unveiled. Often these projects are born into existence through the desire to make a quick buck off of the volatile nature of the NFT space. As a result, whether we like it or not, NFTs are starting to lack authenticity. As we approach the Metaverse, the real value from NFTs will come from their ability to engage their communities at a virtual level, combining the best technology of the day to create a metaverse ecosystem that is so much more than NFT marketplaces. The Fancy Bears Metaverse is an NFT project seeking to do just that
The Fancy Bears Metaverse is an NFT project, combining gaming, DeFi, ERC 721, and ERC 20. Like other NFT projects, Fancy Bears features several thousand NFTs that you can feature on your profile (pfp) and its own token $HONEY. But the real value from holding one of these NFTs comes from its Metaverse.
When you buy one of the Fancy Bears, you not only get a stunning piece of artwork but access to their Metaverse club, which features 3D scanning technology, taking you directly to their Metaverse. Likewise, you also get access to games, free merch, participation in their DAO, and so much more. In effect, owning a Fancy Bear gives you a one-way ticket into the Metaverse, making the project so much more than the regular pfp projects currently on the market.
Thus, fancy Bears is the Avante Garde and possibly a revolutionizer in the NFT world, representing the dawn of the 2.0 NFT era. In a sense, NFT 2.0 incorporates NFTs into the Metaverse. Fancy Bears represents this shift in the industry to give its NFT holders so much more than artwork but a real Web3 virtual experience through the latest technology such as 3D scanning.
Furthermore, the project has an extensive roadmap, partners, and backing, with the Fancy Bears Metaverse having an estimated asset value of over seven hundred thousand in its DAO.
Overall, the Fancy Bears metaverse is on the right track, incorporating Web3 technology with NFTs. We cannot wait to see more as Fancy Bears takes NFTs to the next level adding considerable value to the NFT community.