Meebits officially launched on May 4, 2021. Each NFT was initially available for roughly 2.5 to 3 ETH. Additionally, 11,000 of the 20,000 NFTs manufactured by the same business, Larva Labs, were handed to CryptoPunks holders. This collection is celebrating its one-year birthday.
Since its launch, the average price of a Meebits NFT has exceeded 6.5 ETH ($18,500), with the highest transaction being in July 2021 for 1,000 ETH ($2.1 million at the time). Meebit is owned by Gary Vaynerchuk, a social media strategist, and Snoop Dogg, a singer.
Larva Labs is an example of a company that is completely committed to both the blockchain and the NFT cultures. Meebits is a new NFT endeavor from Larva Labs, after the launch of two well-known NFT companies, CryptoPunks and Autoglyphs. Meebits has already established a presence in the NFT market since its May 2021 introduction. Within eight hours of its introduction, 9,000 Meebits had been sold for more than 22,500 ETH (roughly $75 million for the day).
As is the case with other well-known NFT ventures, owning a Meebits NFT entitles you to a variety of perks. These advantages are meant to captivate users and increase the usefulness of the NFT.
The primary benefit of having a Meebits NFT is the fully rendered 3D model included with each. This model is suitable for creating animations for avatars and 3D printed objects, as well as for usage in the metaverse. This one-of-a-kind feature allows Meebits users to customize their NFT even more. Additionally, Meebits may be used as avatars in a variety of metaverses, including the Sandbox, Decentraland, Somium Space, and Cryptovoxels.
