How SyFu’s MANEKINEKO NFTs Sold Out In Under 7 Minutes… Twice

Throughout the past few years, NFTs have gradually dwindled in popularity as new innovations have emerged and competed for the spotlight before the public consciousness. Indeed, one can remember a time when mainstream media, celebrities, and companies embraced the technology with open arms as the craze hit the world like thunder to a rod; and now, despite being more promising than ever, NFTs don’t seem to be making the same headlines as they once did.

But what if the medium was as sound as it had ever been? Join us as we take a look at SyFu’s MANEKINEKO NFT pre-sales, and how they reflect on the sector and its still-present potential.

SyFu’s Record-Breaking Pre-Sales

One would assume that if the sector was truly in decline, little to no interest would have been generated in a collection like SyFu’s MANEKINEKO. However, as our statistics and results show, what lay ahead for the project was no less than a truly remarkable feat, raising interesting implications for SyFu, the sector, and Web3 adoption as a whole.

Prior to the first pre-sale, SyFu was met with overwhelming support and enthusiasm as whitelist applications were already oversubscribed by over 200%; and, on September 8th, minted each with 85 USD with 3600 pieces the first pre-sale concluded within 7 minutes of launch! Totalled outbreaking 690K USD. This level of positive reinforcement would rally both the team and community alike, paving the way to a much-anticipated 2nd pre-sale.

On September 28, SyFu launched its second phase of the MANEKINEKO NFT pre-sale, and we were yet again met with unparalleled love and support. This time around, with 95 USD average per NFT, total 1500 NFTs, the pre-sale reached 100% within just 5 minutes, breaking our previous record and eventually resulting in a very successful outcome! Currently secondary market price is over doubled.

These results have not only motivated the SyFu team, but have also reassured it of its potential, utility, and popularity.

Reflections on the Sector

Furthermore, these results provide an interesting commentary and insight into the NFT sector, serving to dispute the notion that it is in decline. Having worked hard to assign real-world utility to SyFu’s MANEKINEKO NFTs, it became clear what the driving force behind the technology is, and how its potential can be realized. This leads us to conclude that the sector itself is as fundamentally sound as ever and that its potential is only realized differently on a project level.

While there is some novelty in collectibility, the effort in adopting a certain technology has to come with tangible benefits, and that is what SyFu offers with its MANEKINEKO NFTs. While it can be collected, bred, traded, and evolved like many other collections, to its holders from their everyday purchases–something that appeals to a wide range of audiences due to its ease of use and applicability.

Closing Thoughts

We are proud of the community we’ve built, the technology we’re developing, and the targets we’ve been hitting. We would like to express our sincere gratitude to our community members who have taken part in our growth and evolution. We’re excited more than ever to see SyFu reach its full potential, and having glimpsed into its capacity for adoption, we are on a whole new level of motivation.

If you missed out on the pre-sale, worry not! You can pick up MANEKINEKO NFTs on secondary market Element, and as breeding takes hold, new generations of MANEKINEKOs will gradually become available.

Stay up-to-date with SyFu

Official Website: https://syfu.io/ Whitepaper: https://syfu.io/whitepaper/SyFu_White_paper_ver1.0_en.pdf X: https://x.com/syfuofficial Discord: https://discord.gg/kPMczw5rfe Telegram: https://t.me/syfupj