πScarcity and Value
Last updated
Last updated
The Evil Kongs collection consists of a fixed supply of 10,000 algorithmically created and drawn NFTs that exist on the Ethereum blockchain. Since the owner of each piece can be proven beyond doubt thanks to Web 3.0 and adjacent technologies, digital artworks in this ecosystem are able to retain their value.
In addition, the different NFTs in the collection have their own levels of rarity, providing the opportunity to collect NFTs that are more difficult to obtain than others. This system allows the value of each NFT to increase along with the popularity and awareness of the Evil Kongs brand. As fewer Evil Kongs become available and people search for specific pieces with desired traits, the public who want to get their hands on Ghostlers will have to purchase them from users in secondary marketplaces such as OpenSea.