NeoTokyo, with its futuristic and cyberpunk-inspired PFPs that have become the talk of the town, is drawing major Web3 gaming projects to join its coveted community. The project has been building behind the scenes during the bear market but has just come out of hibernation, experiencing remarkable increases in its floor price within a month. Let us take a more in-depth look at the project.
Overview of NeoTokyo
The brainchild of Alex Becker and Ellio Trades, NeoTokyo (NT) is more than just a NFT collection. It is a networking group that aims to attract developers, VCs, founders, investors, and influencers who are interested in the future of crypto gaming and the metaverse. The closest comparison to what they are doing would be PROOF Collective but with a greater emphasis on creating a hub for like-minded individuals to build and innovate.
By combining the value of an extremely refined community with invaluable utility via access, services, and tools, NeoTokyo aims to be perfectly positioned for the massive rise in the crypto gaming sector. Their mission, values, and culture are all focused on connecting with the right people who care about participating in the Web3 gaming industry.
NeoTokyo Attracts Major Players in Gaming Crypto
What started on November 12th was the founder of The Treeverse joining the ranks as an S1 citizen, and it triggered a frenzy among other gaming projects and founders to hop on the NT FOMO train. This enthusiastic wave included over 20 top-tier projects featuring names such as:
- Altura
- Vulcan Forged
- Seedify Fund
- Shrapnel
- AVAX
- Illuvium
- Animoca Brands
- Verasity
- Star Atlas
- Gala Games
Market Performance
The announcement of key figures joining NeoTokyo triggered a surge in interest and enthusiasm, reflected in the floor prices of its S1 and S2 citizen collections. Prior to these announcements, S1 citizens were hovering around a floor price of around 6 ETH, but the addition of influential names propelled the floor price to just under 20 ETH. Similarly, S2 citizens, with a pre-announcement floor price of 1.5 ETH, experienced nearly a 2x increase, currently sitting at 2.65 ETH.
Becker and His Outlook
Becker believes that the crypto gaming and metaverse industry will become one of the biggest industries in the crypto world.
To prepare for this future, NeoTokyo’s goal is to build a community of builders, investors, and company owners who can network, share ideas, and support each other. The idea is to create a community of people who can work together to create the first projects, early investments, alpha, and more.
Final Thoughts
In conclusion, with markets picking up and Becker and Ellio bootstrapping the project while attracting dozens of leading projects and their founders to join the NT community, it would not be an overstatement to say that the project is creating a class of its own.
