Welcome to the next generation of NFTs or should I say xNFTs, an @MadLadsNFT deep dive.
@DeGodsNFT moved to ETH, @y00tsNFT moved to Polygon, and everyone's asking who's going to be the next #1?
I think the answer will be made clear π§΅π
1/18
If you enjoy this thread, follow @NFTomics {token} for venture capital, nfts, crypto, and macro deep dives.
p.s the @xNFT_Backpack (@armaniferrante / @Yver1618) have been super helpful in the compiling of this information.
twitter.com/xNFT_Backpack/status/1640737940069285888?s=20
{what is mad labs}
Well before we dive into @MadLadsNFT let's dive into the operating system behind the project.
π MadLabs is a manifestation of the xNFT wallet known as @xNFT_Backpack that is set to revolutionize the way we interact with NFTs.
π½
{backpack explained}
xNFT is a protocol that lives inside of a multi-chain wallet π "backpack" via chrome browser/phone {soon}.
Backpack is a 10x version of @phantom.
Unlike other wallets π has the potential to be the "endstate" for wallets.
π½
twitter.com/SolanaLegend/status/1630992706833973255?s=20
{π explained II}
Wallets in current state are basically asset dashboard/locations to hold, swap, & send currencies (haven't changed since 2019).
π wallet is an operating system akin to your iphone
π½
- Applications
- p2p messaging
- & much more
twitter.com/Delphi_Digital/status/1619742166401650690?s=20
{π explained III}
If you want to log into anything on Phantom/MM you need to manually connect {hacker prone}.
With π you can manage your margin accounts, stake NFTs, or view your listings natively in a single interface.
The difference is 100% clear π½ xnft.gg/
{wth is an xNFT}
X stands for eXecutable NFTs, tokenized code representing ownership rights over its execution.
xNFTs are NFTs but they're also apps.
Imagine that each app on your phone was an NFT that when clicked on passed through to a game, chat, or
twitter.com/armaniferrante/status/1538916970732609536?s=20
{wth is an xNFT II}
Each xNFT has the ability to unlock unreal features: exp being a gated chat, inside the NFT itself π½
However, when this is listed on an exchange/another wallet it will just be a normal NFT.
Superpowers come when it's in backpack.
twitter.com/n00unsDAO/status/1616562435816853504?s=20
{xNFT/Backpack use cases}
1/ Digital Identity and Messaging
2/ Multichain and Multi-App
3/ Permissionless Launching of Plugins (xNFTs)
4/ Security and Reliability (Apps not links)
5/ Highly Compatible with Mobile
π½ video of @Yver1618 sending $ to me.
twitter.com/xNFT_Backpack/status/1626321188581519362?s=20
{scaling of the protocol/building up hype}
Backpack has quickly scaled to over 100k+ downloads (100k+ gunning for the 10k mint).
Additionally, they've built a game that had viral ripples akin to BAYC's Sewer Pass - w/ people competing to win WL spots.
twitter.com/xNFT_Backpack/status/1632188045746208768?s=20
{the team}
Co-Foundersπ
@armaniferrante - Creator of @xNFT_Backpack, @MadLadsNFT, and the @anchorlang protocol.
@Yver1618 - Co-founder @xNFT_Backpack, @MadLadsNFT & so much more.
Learn More: youtube.com/watch?v=TW4LXwWjWck&feature=youtu.be & youtube.com/watch?v=3-5H2y4lp_k&feature=youtu.be
{back to mad labs}
Mad Labs is a 10,000 PFP collection out of the @solana ecosystem that will be minting in April.
"Mad Labs is the spearhead of xNFT/Backpack" - @Yver1618
Each ML character will be a super fan of the protocol who drives the direction for the project/π itself.
{back to mad labs II}
Additionally, each ML will have personalized experiences/rewards on a perpetual basis when the live inside the @xNFT_Backpack wallet.
Imagine things like:
- in NFT chats
- private events
- access to specific applications
- curated π drops
- beta testing
{Whitelist/Distribution}
I can't understate the importance of this, but Mad Labs might be the first non-bot infested NFT mint.
Everything will happen in-wallet, which has several gates that bots can't get through.
Additionally, unlike other projectsπ½
twitter.com/MadLadsNFT/status/1631351169929945089?s=20
{Whitelist/Distribution II}
Mad Labs has distributed 5k+ of the whitelist spots, but THE KILLER IS.
No syndicate WLs have been given, the highest allocation ever given was 10 spots.
MEANING {5000+} real people + bot free public mint + insane organic traction = mint day A++.
{mint/secondary}
Looks like the mint will launch around 7 SOL, which to being 1/10k individuals who will be at the cutting edge of the next-gen of wallets/applications is a steal {NFA}.
Tradable on Magic Eden and all other secondary marketplaces.
twitter.com/armaniferrante/status/1641861227574968320?s=20
{plug n00uns}
@xNFT_Backpack has been working closely with the @n00unsDAO to test out some of the functionality for @MadLadsNFT & let me tell you it's real/next level.
++ the office is powered by @y00tscoffee {the xNFT blend} with @Yver1618 n00un
y00tscoffee.com/products/mexican-altura
{conclusion}
Mad Labs will be your ticket to ride the next wave of innovation across all blockchains.
To be this early is mind-boggling - excited to be participating in this genuinely next-gen project.
DYOR & Good Luck!
twitter.com/xNFT_Backpack/status/1617919510459330561?s=20