Key Highlights
- Pak’s Merge NFTs would be available on Nifty Gateway from 2nd Dec.
- Open edition would last for 48 hours.
- Merge can theoretically become a 1/1 over time but not socially as per Pak.
After Pak’s LostPoets crossed more than half a billion, he is now ready to release Merge NFTs on Nifty Gateway. The following announcement was made by Nifty Gateway on Twitter yesterday.
Pak is really excited about this upcoming release of Merge NFTs.
The 48-hour Open edition will start from tomorrow i.e., on 2nd Dec. and will last till 4th Dec. Exclusively the early access begins at 6:00 pm ET with $299 for Pak collectors. Moreover, now anyone can get early access, by just moving any eligible pieces to Nifty Gateway on Dec 2nd at 6:00 pm ET.
But gradually when the public access begins at 6:30 pm ET, the price rises to $400 with $25 increase every 6 hours. Finally, the open edition ends on 4th Dec. at 6:30 pm ET. Everything exclusively will be found at Nifty Gateway.
So how do these magical NFTs work? Suppose if someone has one token i.e., m(100) and if he/she buys another token i.e., m(135) then they will have one merged token as m(235) which simply shows that everything just merged automatically. This is why they are called Merge NFTs.
Merge guide clarifications says the following:
- Primarily it’s aiming for the bonus reward.
- Also, it is against the rules to create several Nifty Gateway accounts.
- Most importantly it is suggested to do secondary purchases along with core purchases.
Before this cool set of NFTs, Pak’s LostPoets NFT collectibles were sold at $70 million in just 2 hours of its release and there were a total of 65536 achievable NFTs and 1024 Origin NFTs.
Also to keep in mind that all the previous NFTs of Pak are eligible but the LostPoets pages won’t be supported at Nifty Gateway as the NFT marketplace doesn’t support ERC- 1155 protocol.
The bonus on these merge NFTs is that ASH tokens are not required, as Nifty gateway supports Ethereum.
NFTs are not sent to 0xdead in Merge because it has true burn. When they’re merged, they’re transmitted to 0x0 and removed from the contract. And there this decreases the token supply.
Pak also mentioned that Merge can theoretically become a 1/1 over time. Every other m token can be gathered by a single collector and combined into a single NFT. The entire mass will remain the same, but the total token count will be lowered to one. But he did mention that this is not possible socially.
Merge guarantees that the token supply is reduced. It’s because of this that it’s so gorgeous. This is why Pak expects to see it in more NFT collections.
