Key Takeaways
- The Mint Pass by NFTMagazine.com – NFT collection sold out on July 2nd almost immediately after its launch.
- With 5,000 NFTs in the collection with a free mint allowing early access to Paper Boyz NFT, Paper Chaserz NFT and more, the project garnered 38K allowlist applications and over 50,000 discord members at time of launch.
- Minting had to be paused during the sale due to a hacker botching hundreds of NFTs , though the problem was quickly resolved.
- Within 24 hours of the NFTMag Pass selling out, it became the world’s most traded NFT on Open Sea with over 3,750 individual trades
- The floor price has been nearly doubling each day after as Paper Chaserz NFT & Paper Boyz NFT mint date nears.
The entire Mint Pass by NFTMagazine.com: NFT collection from the Paper Boyz NFT collection has sold out within minutes of its public launch.
The NFT holders will get early access to all future NFT drops from NFTMagazine.com as well as additional benefits for owning multiple NFTMag mint passes.
The NFT sale was somewhat marred by technical difficulties. Minting by early access holders had to be paused for approximately 10 minutes due to bot transactions that allowed hackers to bypass the wallet limit of 3 with one individual minting a few hundred.
At the time of press writing, the collection’s floor is at 0.01 ETH and has nearly doubled each day since launch. The Paper Boyz NFT community has many members minting dozens in a community-created “whale” competition to reach 100 NFTMag Passes owned. Holders believe the value is bound to increase due to the long-term benefits of having early access to all future NFT drops from the fast-growing company, NFTMagazine.com.
Much of the success of the NFTMag Mint Pass seems to have come from the Paper Boyz Twitter Megaspace hosted hours before the mint in collaboration with Goat Society NFT and multiple other NFT projects, where over 2,400 NFT enthusiasts joined in live to hear the founders of both projects, Josh King Madrid, Joey Sendz, TheBlondeJon, Ali Haseeb, and Shawn Virani, speak about their plans for the future regarding their projects.
The founders of multiple projects alongside Paper Boyz NFT teamed up to give away over $3,000 in giveaways live on the twitter space, with prizes including ETH, VR Oculus Quest, Ledger Nanos, skateboards, and Apple Watches.
Final Points
- Paper Boyz NFT community is growing fast and members are preparing for the upcoming Paper Chaserz mint and Paper Boyz by NFTMagazine.com mint dates.
- Paper Chaserz and Paper Boyz are expected to sell out in minutes this next week.
- Paper Chaserz is a free mint and holding a NFTMag mint pass will give you first dibs on minting while Paper Boyz NFT price is TBA but is estimated by their community to be somewhere between 1-3 ETH considering the value of each NFT has $3,650+ of real-world value
