Meta Kongz: The Pioneer of the Metaverse

CryptoMode Meta Kongz

Meta Kongz is a convergence NFT, metaverse company founded in January 2022 by Kangmin Lee. The company envisages being a post-metaverse leading company. It aims to be the next-generation global platform company based on outstanding blockchain technology and marketing. The plan is to pioneer the new economic continent, metaverse, and enable coexistence on web 3.0. It aims to be a metaverse where everyone can dream and hope regardless of time and space.

The company started with the minting and selling out of its NFT – Meta Kongz in December 2021. This feat was followed by creating the Kongz Playground on CryptoVoxels and an advertisement in Times Square, New York. Finally, in January 2022, it entered a partnership with The Sandbox and held the first Meta Kongz metaverse concert.

It opened a physical Kongz Playground at CGV in Yongsan, Seoul, in February. It launched Mutant Kongz and G.rilla Genesis ecosystem, which went on to rank number one on a 24-hour trading volume on OpenSea about two weeks later. The following month, it entered a global partnership with Dropp and released the Baby Kongz breeding system. Also, it purchased an additional 6×6 piece of land on The Sandbox and launched its governance system, where voting has already begun.

Meta Kongz NFT

Meta Kongz NFT is a collection of 10,000 PFP Kongz released into the multi-universe. Lee Doo-hee and the Kongz team developed it to globalize K-NFTs and, consequently, K-Metaverse like the K-POP wave. The first 3,000 Kongz sold out in 32 seconds, and the following 3,000 sold out in 5 seconds, while it took the 3,500 third-mint 6 seconds to sell out.

The NFT is currently maintaining the number one spot on the Klaytn Chain on OpenSea with a floor price of 12,500 KLAY and a traded volume of 315,751.24 KLAY. It has about 2,800 holders. The Meta Kongz NFT has increased by over 50 times compared to its minting price of 150 KLAY. Meta Kongz holders have access to the Breeding system, the DeFi system, and the Kongz Shop. In addition, they can mine 4 MKC daily.

The release of the Mutant Kongz and G.rilla collection has led to the expansion of the ecosystem. The collection consists of 19,500 items with over 5,000 owners. It has a floor price of 1,045 KLAY with a traded volume of 62,847 KLAY.

Meta Kongz NFT and its associated NFTs are currently on Klaytn Chain, but there are plans to transfer it to the Ethereum network for globalization reasons. In a recently completed governance vote, the community agreed to implement the migration. This migration is due to the problems faced by non-Koreans in using the Klaytn Chain. In addition, it would facilitate more exposure for the project.

Meta Kongz Partners

Aside from the economic gains that Meta Kongz holders will get, they will have access to benefits in the metaverse. Within its existence, Meta Kongz has partnered with notable industries and projects. These industries include Brave Entertainment, In ocean Worldwide, Infinity Market, YG KPLUS, etc. Their project partners include King of Planeets, Raving Goblins, Lazy Gourmet CLUB, Terra World, Dropp, KlayForest, etc.

In a recent MOU announcement, Meta Kongz partnered with Shinsegae Group and Hyundai Motors. The MOU with Shinsegae Group includes producing 10,000 PFP with a roadmap of real-life utilities. Minting will take place in June, and holders will enjoy offline benefits. In its MOU with Hyundai Motors, they will collaborate to create 30 limited edition NFTs. This announcement makes Hyundai Motors the first automobile company to enter the community-based space.

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