Lazy Lions NFT: A Guide for Beginners

2022/11/24By:

You’ll rarely find boring non-fungible tokens (NFTs) projects. Most of them offer a unique, multi-purpose and interesting way to invest in digital assets. And Lazy Lions NFT is one of such creative project.

 

In 2021, Lazy Lions jumped into the NFT space and sold out within five hours of launch, becoming one of the most popular profile picture non-fungible tokens (PFP NFTs) at the time.

 

So why is the Lazy Lions’ roar one of the most powerful in the NFT jungle?

 

Let’s find it out.

 

What Exactly Is Lazy Lions NFT Collection?

Lazy Lions is a collection of 10,000 unique NFTs built on the Ethereum blockchain. Like Bored Ape Yacht Club NFTs, Lazy Lions NFTs are programmatically generated. They include more than 160 possible traits, and each Lazy Lion is different from the others.

 

These characters, called Kings and Queens, are PFP NFTs that their owners can use as online personalized avatars.

 

The fun-loving lazy lions are hanging out on a private island, a digital space in The Sandbox metaverse. Their owners can enter this virtual world to hang out and interact with other NFT holders.

 

The project is driven by its vibrant community with a shared vision of exploring the possibilities of web3 through the metaverse.

 

Some of the benefits of being a Lazy Lions NFT holder include full commercial rights to the NFT, monthly rewards for being active in the community (ROARwards), and airdrop eligibility.

 

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How Is Lazy Lions NFT Project Created?

Lazy Lions NFT was created by Blockchain Media Pty Ltd, whose current CEO and co-founder goes by the online name Ashur. Other co-founders include Nin L., Nine, and Anlion (also using their online accounts).

 

The backstory of Lazy Lions is also part of its uniqueness. The four friends from Sydney, Australia tapped into their Assyrian roots to develop the project during the COVID-19 lockdown. Inspired by the statue of the Uruk king, Gilgamesh, who holds a lion firmly on his left arm, they wanted their NFT to be as majestic as the lion.

 

The versatile features of each Lazy Lion were designed meticulously by a pseudonymous artist named Rizzio.eth (or RIZZIO).

 

How Much Does a Lazy Lion NFT Cost?

All the Lazy Lions on the first sale were sold out within five hours of launch on August 7, 2021. You can, however, purchase these NFTs on OpenSea, the leading NFT marketplace. At launch, the mint price was 0.05 ETH ($150 at that time).

 

Lazy Lion NFT’s current floor price (as of November 2022) is 0.48 ETH. Since launch, the Lazy Lions NFTs have accumulated approximately $99 million in trading volume.

 

The price of a Lazy Lion NFT varies by the traits. Some lions have rare attributes, such as pink fur, which drives up their prices. However, the most expensive Lazy Lion NFT is a simple lion cub, #678, which sold for 99 ETH ($299.21k at the sale time in October 2021).

 

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Is Lazy Lions A Good NFT to Buy?

While not exactly a blue chip NFT, the creators of Lazy Lions are doing their best to turn it into a truly exclusive investment, building the project in a way that attracts and retains NFT enthusiasts from the start.

 

The Lazy Lions NFT community remains one of its main strengths. By owning a Lazy Lion NFT, you can get access to a roaring community that’s always interacting and networking. Being active in this community earns you rewards paid in ETH.

 

As a Lazy Lion holder, you will also benefit from the future development of the project. Example: When the team launched its Lazy Lions Bungalows NFT, Lazy Lions owners can then received a free Lazy Bungalow, which can also be traded on OpenSea.

 

The promising project has also added value to its brand through strategic partnerships and is already partnering with The Sandbox, Polygon, Chainlink, and Puma to ensure value for its community.

 

A Brief Glance at Lazy Cubs

Lazy Cubs are younger versions of the Lazy Lions. The Lazy Cubs NFTs are created by minting, or making a Lazy Lion drink a Lazy Drink — a special drink, milk or juice that allows the NFT holder to (virtually) travel back in time. The Lazy Drink NFTs are burned immediately after use, but the Lazy Lions NFT remains intact. Therefore, as a Lazy Lions NFT holder, you can have both Lazy Lion and Lazy Cub NFTs after using the Lazy Drink NFT.

 

The maximum supply of the Lazy Cubs NFT series is 22,000 unique cubs. Existing Lazy Lions NFT holders were airdropped a Lazy Drink NFT, while the remaining 12,000 Lazy Cubs NFTs were made available via a public sale launched on May 18, 2022.

 

The Lazy Cubs NFTs have sold out, but secondary trading is available on OpenSea, Nifty Gateway and LooksRare.

 

Below are some of the benefits of owning Lazy Cubs NFTs:

  • Accessibility to the Lazy Lions community
  • Allocation of ROAR token (when launched)
  • Commercial rights to the NFT
  • Invites and access to Lazy Lions NFT events
  • Access toexclusive merchandise
  • Access to the metaverseof Lazy Lions

 

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Lazy Lions NFT: Road Map 2022

Lazy Lions NFT released its roadmap for the year in January 2022. However, they chose to use art to illustrate various milestones.

 

Upon queries from its community, the team cited specific NDAs and front-run concerns as some of the reasons for the largely concealed road map.

 

As such, Lazy Lions team releases regular updates on Medium to keep its community posted and up-to-date about the project.

 

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