The Los Muertos NFT collection has gained some traction following its launch on April 5. The Día de los Muertos (or Day of the Dead) themed collection composed of 10,000 NFTs is pumping since its public mint!
Yesterday, the collection posted its investment for its holders. The tweet said: “We have acquired and staked 28 @nftworldsNFT for a total cost of 343 ETH ($1,136,077), for the benefit of Los Muertos holders. More details to follow.”
What We Know About The Los Muertos NFT
So what are Muertos? According to its official website, the Muerto’s resurrected into the Metaverse as it search for Los Muertos World. When an NFT collector holds a Muerto, they gain access to Los Muertos World. As stated on the website, the Muerto metaverse “provides creativity, exploration, friendship, and personal growth”.
Let’s go to the rarity. Each NFT is algorithmically generated by combining hundreds of unique hand-drawn traits across different trait categories. You can recognize the NFT’s rarity by its colors. Common Muertos are white, rare are red, ultra is black and gold, and uncommon contains the other available colors. As for legendary Muertos, there are only 12 of these single-edition NFTs throughout the collection.
For ownership, each Muertos holders have a royalty-free license. Basically, they can use, reproduce, display, and animate their NFT for personal and commercial use.
Lastly, the team. The website only describes the group as digital artists, Web3 nerds, and community builders. Yet, there is an issue that allegedly no Mexicans are part of the Mexican-culture-inspired collection. Is this true? We have yet to hear from the Los Muertos founders.
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This article is educational material.
As always, make your own research prior to making any kind of investment.
