What a crazy world we live in.

I never would have thought I would be buying tokenized JPEGs for hundreds of dollars, intending to flip them for 10x value.

Take a look at my Wulfz #2080, repping a bold colour 'cause he just doesn't care. Let's see if my Wulfz over here does me wonders like Alien Frens has done for me in the past week.

So why did I ape into Wulfz NFTs? What unique value proposition does the NFT offer in comparison to others? Or is it purely based on the art?

As always, let's get straight into the details of this project and why I think the floor will escalate over the next couple of weeks.

The artwork

Wulfz is a collection of 5,555 badass pixelated NFTs with traits inspired by pop culture, anime, movies, and television.

Wulfz is one of the only pixelated NFT projects I genuinely care about. Unfortunately, projects like CryptoPunks are just outdated and simply remain on top of the NFT industry because of its first-mover advantage.

That is just my opinion though. To each their own.

The NFT collection comes with different rarities. For example, 10 items are considered Legendary Wulfz as they're animated and have one-of-a-kind traits. Move down a tier and you have Hero Wulfz, static 1/1 NFTs that are top contenders for your PFPs.

There are over 150 traits in the collection. My Wulfz has a rarity rank of 880, mainly because of the two bunnies sitting on top of his head, the staff he's wielding, and his pink fur.

The roadmap

The team is taking it slow with the roadmap, which is something I like to see. Currently, there are four phases, and we have yet to reach phase 1.

Phase 1

The first phase involves staking your Wulfz NFT for $AWOO, a non-monetary utility token for the game mechanics of the Wulfz ecosystem. This means that you cannot swap $AWOO for other currencies.

When staked, Each Wulfz generates 10 $AWOO per day. Once the 600 $AWOO benchmark is reached, you will be able to redeem a Pupz.

All of the staking will occur on the simple-to-use Wulfz Hub dashboard. Take a look at it here:

Phase 2

There will be a total of 10,000 Pupz in the collection, all unique to one another with over 300 traits. The Wulfz Hub will allow you to access the Daycare, a place where your Pupz will reside.

The team also plans to add more features to the Wulfz Hub in the future, but for now, they're keeping it simple. Quality over quantity.

Phase 3

This phase is the last in the first rendition of the roadmap.

It will be similar to projects like MAYC in some aspects, as if you have a Full Moon reservation token (which is limited to only 100 supply) and 1,500 $AWOO, you will have the opportunity to burn your Wulfz into an Alpha Wulfz.

The Alpha Wulfz will be animated, and will come with special utility that is TBA shortly. I bet this collection will go for a pretty penny.

2nd roadmap

The team is in the process of creating a Wulfz Game, integrating the Wulfz ecosystem with the metaverse, developing merch, and turning the staking feature into a community voting system for future decisions.

I applaud the team's desire to establish an ecosystem with no monetary value, as it shows they care about the actual artwork more than anything. However, even if you FOMO'd in for the prospects of 10x gains, you may be rewarded by staking your Wulfz and waiting to flip the upcoming Pupz and Alpha Wulfz collection.

The fact that there's an incentive to both NFT collectionists and community members who flip NFTs a full-time job is a win in my books.

The team

Source: https://wulfznft.com/

Consisting of members with years of experience in UI, start-ups, blockchain and full-stack development, the team is well-rounded and active in the community.

From my time in the Wulfz Discord channel, they have been transparent and cooperative with their deadlines. For example, the staking feature may not even release on the 7th of January, as they want to make sure it is perfect before releasing the next step of the Wulfz ecosystem.

Community engagement

As always, NFT due diligence requires a peek at the project's Twitter and Discord channel.

Wulfz has built a substantial following of 41.8k followers on Twitter and 35.6k members in their Discord channel.

Although engagement isn't as hectic as blue-chip projects like C-01 or Oxya Origin, the Discord server has an active fanbase with dozens of messages every minute and positive vibes in the chat.

To be fair though, slow mode is constantly enabled. Meaningful chatter is a priority for the moderators of the channel. Again, this speaks volumes about the direction of this project.

Also, big names like @PunkieEth and Snoop's team whitelisted and/or swept the floor to help with the Wulfz cause.

At the time of writing, floor price is at Ξ0.26 with the mint set as Ξ0.08. That's already an increase of 3x! Let's hope it reaches Ξ1.00 this year.

WAGMI frens 🚀.

Sources:

https://mobile.twitter.com/xdoubleq/status/1472752922178080770

https://www.niftyprice.io/collections/wulfz-official

https://wulfznft.com/

I am not a financial advisor. Please do your own due diligence before making a decision based on my article, as I am not responsible or liable for your investment decisions.