MEKA - Beautiful Launch and Quick Drop - What do we know and WTF?
What We Know and Who is in Luck
Meka first made headlines by maxing out Discord with 250,000 thousand members and as many as 86,000 actives at one time we took a look. The lottery seemed like a sensible way to get a lot of great, unique people involved and engaged. With so many great projects, and how much attention it takes to keep on top of community activities.
MekaVerse—led by French crypto artists Matt Braccini and Mattey—faced immense demand for its minting process on Thursday. Rather than hold an open mint, which has typically driven up the network-wide Ethereum gas fees (i.e. transaction fees) for other hot NFT projects, MekaVerse held a raffle to secure spots for the closed mint.
The project reported having the holders of 172,876 unique wallets register for the raffle. Ultimately, 8,593 NFTs were sold during the minting window at a fee of 0.2 ETH ($725) each, yielding over 1,718 ETH—almost $6.3 million. The remaining NFTs that were not minted will be used for future giveaways and promotions, the team wrote in its Discord server on Friday.
According to several high-profile members of the NFT community, the hugely successful NFT project MekaVerse may have rigged its NFT drop.
The trading value of the MekaVerse collection has suffered amid concerns that the distribution may have been manipulated. The floor price for Mekas has dropped from around 5.6 Ethereum following the day of the reveal to 3 Ethereum at press time.