Looking at the entire NFT market, the most popular projects basically come from overseas. Whether it's Cryptopunks, encrypted cats, or penguins (Pudgy Penguins), mummies, apes... It seems that oriental elements are rarely seen. But now, a group of pandas from China is trying to break the deadlock. This is Paladin Pandas (Paladin Pandas).

As early as the project warm-up stage, Paladin Pandas set off an upsurge in the NFT market at home and abroad. Many NFT KOLs have spontaneously promoted and put on panda avatars; domestic communities have set up nearly 10 WeChat group chats, and overseas Discord community users have accumulated nearly 20,000 users, and daily active users (mainly doing tasks) have reached thousands people.

Last night (September 28), Paladin Pandas officially started casting; in just half an hour, nearly 10,000 panda NFTs were all sold out; in the past 24 hours, the cumulative trading volume of Paladin Pandas exceeded 630 ETH, ranking Opensea’s single-day trading volume rankings No. 12; in addition, the floor price of Paladin Pandas also rose to 0.25 ETH, an increase of nearly 8 times compared to the foundry price of 0.03 ETH.

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1. The combination of Chinese elements + GameFi

The total amount of Paladin Pandas is set at 10,000, which is generated based on the ERC-1155 standard. Each Paladin Panda consists of 9 dimensions and more than 150 elements, and any two Paladin Pandas are different. Let's feel the style of painting:

Regarding the allocation of 10,000 Panda NFTs, the official website shows that 709 will be airdropped to OHDAT's creator players, 91 will be reserved for community prizes such as airdrops and represent team identity, and 200 will be reserved for "Paladin Panda: Alien" Expedition game prizes.

Since the panda is a symbol with very Chinese characteristics, and the elements in each NFT are hand-painted by the designer, the overall design quality is relatively controlled, so the Paladin Panda has won the love of a group of users as an NFT collection.

More importantly, Paladin Pandas combines NFT with GameFi, which makes NFT have more application scenarios and enhances its intrinsic value.

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(game battle scene)

Simply put, players can participate in the game through Pandaren NFT, fight and win prizes. Players need to hold one to three pandaren NFTs. In the game, they can break through levels and fight BOSS to obtain bamboo shoot mines (similar to game gold coins); players can exchange bamboo shoot mines for lottery tickets and draw prizes. The prizes are various popular NFTs on the market (Including Paladin Pandas); Players can go to Opensea and other platforms to sell after winning prizes and exchange them for ETH. This "Play to earn" model is also commonly adopted by popular chain games such as Axie.

In addition, Paladin Pandas has six identities in the game, namely: Iron Wall, Assaulter, Marksman, Mechanical Officer, Physician, and Bard. Each identity has its own unique role. For example, a doctor can heal teammates and is the "Nurse" in the game. However, only three characters can be dispatched in each game, so the player's formation strategy is more tested.

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2. Why Panda?

The Paladin Pandas team also explained why pandas were chosen as the NFT design element.

"There is no Asian team that does a good job in avatar NFT. Apes and penguins are all Western cultures. Orientals should be the IP of Orientals. We believe that pandas can represent Chinese elements, and we also want to use this to create awareness for Chinese NFT brands; In addition, pandas are well-known overseas, have a large fan base, and lower education costs."

This team from Hong Kong, China, wants to create a piece of China in the NFT market. Things are going as they expected. Once Paladin Pandas was launched, it received a lot of attention.

It was officially launched yesterday, and nearly 10,000 panda NFTs were sold out in just half an hour; many NFT KOLs bought a large number of pandaren NFTs, and Cole Thereum, the co-founder of Pudgy Penguins, also bought a lot; in the past 24 hours, the cumulative transaction volume of Paladin Pandas exceeded 630 ETH , ranking 12th in Opensea's single-day trading volume list; in addition, the floor price of Paladin Pandas also rose to 0.25 ETH, an increase of more than 8 times compared to the foundry price of 0.03 ETH.

In fact, a few weeks ago, Paladin Pandas was still in the warm-up stage, and the project party also took a series of measures to provide airdrop rewards to active users.

For example, users can join the Discord community, make contributions to the community, collect "Panda Poop", become the TOP 3 in the whole server every week, and get Paladin Panda airdrops; or participate in community competitions such as Fission Contest and Creation Contest, and the winners will get Paladin Panda Airdrops .(Note: Panda poop is the contribution proof of the Paladin Panda community. The more active and contributed users are, the more panda poop they can collect.)

It is these drastic measures that have kept Paladin Pandas hot and accumulated a large number of early users. Among them, the number of Discord communities soared to nearly 20,000, with thousands of active users, surpassing most Asian NFT projects.

The Paladin Pandas team told Odaily that the current whitelist and airdrop activities have come to an end temporarily, but some incentives will be released to reward users in the future.

We will continue to pay attention to the future progress of Paladin Pandas.