Early Investors in This NFT Collection Are Up 200% in Less Than a Day
Early investors in the Japanese NFT project ¥u-Gi-¥n are already up by more than 200% less than 24 hours from the public sale.
The project started its public sale of 4,444 non-fungible tokens (NFTs) yesterday around 2 pm UTC and sold out in less than an hour.
Subsequently, the collection became the top NFT project in OpenSea, registering over 379 ETH in trading volume.
¥u-Gi-¥n has managed to maintain its top position in OpenSea. The collection still ranks #1 in terms of trading volume, having registered over 636 ETH in sales over the past day.
Moreover, the project’s floor price is currently 0.234 ETH. Compared to the mint price of 0.077 ETH, early investors are up by more than 200%.
What is ¥u-Gi-¥n?
Located inside the skyscraper named “¥u-Gi-¥n” located in Shibuya city in the near future, ¥u-Gi-¥n is a virtual world construction project that provides entertainment such as games, manga, anime, fashion, and music.
There are 4 districts in the virtual world and players can go back and forth between different districts and interact with each other. We are building a digital economic zone through TOKYO CULTURE.
The story of ¥u-Gi-¥n is set in 2056 when the scale of the digital economy far exceeds the scale of the real economy. APES, which has continued to expand for more than a quarter of a century, rules the world. They have accumulated great wealth in decentralized communities separated from state power.
People who do not have digital assets are called FUNGIBLES and have to live underground. Tokyo’s bustling Shibuya district, once world-famous, was also purchased by APES and rebuilt as CENTRAL SHIBUYA in the metaverse.
¥u-Gi-¥n Pledges to Make Up for WL Who Couldn’t Mint
Some of the whitelisted users reported that they were not able to mint NFTs. ¥u-Gi-¥n has pledged to offer a solution for these users.
“During the presale, we received reports saying that some WL users were unable to mint. We are investigating whether there was a problem with the registration of WL addresses. It seems like the problem is indicated, but we want to thoroughly investigate before announcing it,” the team said in Discord, adding:
“We apologize to those who had the WL role but couldn’t mint and are NOW working on a solution that will address the issue to reaffirm our believers. You’ve supported and believed in us for a long time, and we are ready to reciprocate. Please give us some time to formulate the best solution.”
Monet, a project developer, added that they address the issue in less than 12 hours.
