Genuine Undead NFTs have exploded in popularity almost overnight. Their floor price increased by 104.2% within the last week. What’s the deal behind the surprising hype surrounding this project? Let’s find out!
Rise of the Undead
The Genuine Undead NFT collection was released in August 2022 as a free mint; it has a market cap of 3,898.44 ETH. 9,999 24*24 pixel-themed NFTs make up this pfp project.
Just like its theme, “Rise and Shine,” the Genuine Undead are rising and soaring. According to data, these pfps have become the only recent NFT series to outperform global markets. GU is also enjoying a massive jump in its floor price, social engagement, and overall internet searches. Its social mentions have increased by nearly 50%, and its social engagements are up nearly 30%.
And with a growing community on Discord and Twitter, it looks like the #UndeadArmy is becoming stronger!
Traits and Rarity
The GU NFTs have a lot of symbolism and a unique concept. According to Dr. Boom, the lead hype man of the project, the collection evokes “a sense of mesmerization, imagination, and spontaneous storytelling.”
There are two kinds of undead in the GU NFT ecosystem: classics that depict the past, and cyberpunks that imagine the future. The collection is divided into several themes—chaos, faith, life, love, nature, power, and strength—and offers personality traits like headwear, tops, eyewear, and faces, along with different backgrounds. The higher the complexity of the trait, the higher the selling price. The most valuable GU on offer on OpenSea is currently for 1000 ETH, while the lowest is 0.7 ETH.
The pixel art project has a solid rarity ranking too, with 8 legendary NFTs ranked #1 on Rarity Sniper.
What’s the Future Like for Genuine Undead?
The founder, who remains anonymous, calls himself “only an artist, not a leader.” He's released three short ‘Green Papers’ detailing his hope that the project remains decentralized and community-driven. In accordance with this wish, he has handed over full control of the project to the community. They'll decide the undead's future.
The dedicated community has banded together to kickstart a Discord server, organize daily Twitter Spaces, and start many chat groups. In a short span of time, a self-organized team of creators, developers, and artists has coalesced to steer the project. GU’s ethos is that the community is the utility; looks like the community is living up to the motto!