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Behind the Hype of Valhalla

NFTs Avatars

Sarah

Latest updates: Dec 27 2022

NFTs Avatars

Key Takeaways

Valhalla is “a crypto native brand for gamers around the world" developed by Stacked Studios, a live streaming platform run by its own community. Valhalla features 10,000 PFP Avatars built on the Ethereum blockchain.
Valhalla hit big on the secondary market after the mint on November 23rd. It was the top project based on sales volume, and within the top three alongside CryptoPunks, and Bored Ape Yacht Club. Valhalla now has 3.4K unique owners with a total volume of 12,331 ETH traded. The current floor holds at an average of 0.99 ETH.
The has caught a lot of attention since its launch for its similar NFT art to Azuki; an experienced team with Alex Lin as the founder; various notable backers like Pantera Capital, LINE Global Venture, GFR Fund as well as other major partners such as Gen.G Arnold, Twitch streamer Belinda, founder of Loud Esports Matt Ho, Esport Teams Korea’s T1 and China’s JD Gaming.
Valhalla just launched The Armory, a re-roll traits event for the PFPs which happens completely on-chain. The purposes of the Armory is to make the PFPs more personalized for holders and to push the pace of technical innovation.

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