What are Lazy Lion NFTs?
The Lazy Lions NFT is a collection of 10,000 randomly generated NFTs with more than 160 different traits like eyes, mane, clothing, headgear, expression, and so on. It is hosted on the Ethereum blockchain and is becoming increasingly popular as a blue-chip NFT among NFT enthusiasts. Within a short time, the Lazy Lions have joined the ranks of leading NFT collections such as CryptoPunks and Bored Ape Yacht Club.
The entire collection sold out within just 5 hours of launch, with 3000-4000 participants in the sale. The initial sale generated nearly $1.5 million, with the most valuable Lazy Lion NFTs going up for $50,000. As a community-focused project, Lazy Lions’ main goal is to empower people to enter the NFT space and thrive in it. The efforts to achieve that goal can be noticed in the team’s dedication to organizing events to give back to the community. The most expensive Lazy Lions NFT sold for almost $350,000 (99 ETH) on October 11, 2021.
The Team Behind Lazy Lions
The Lazy Lions result from the hard work of four Australian friends from Sydney, who were trying their hand in the NFT market during the lockdown. It was launched on August 7, 2021, inspired by the founders’ cultural background, with the lion representing royal power from the Assyrian society. Apart from their culture, lions also have a worldwide artistic appeal since they are jungle kings. The unique hand-drawn art is created by rizzio.eth, and the team has four other members: Anlion, Ashur, Nin, and Nine.
Lazy Lions Community
The Lazy Lions’ founders presented it as a community-driven project, and so far, the developers have put in great efforts for maintaining and expanding the network. According to Ashur, “For us, the project is the community, and the community is the project.” With so much dedication, it is no surprise that they have almost 150,000 members on their Discord servers and more than 80,000 followers on Twitter. You will find their developers constantly interacting with the community, resulting in Twitter engagement crossing 100 million impressions weekly.
You would be surprised that it’s not only everyday crypto enthusiasts who give in to the Lazy Lions craze. Starting with Jake Paul, who bought ten lions resulting in the floor price jump to 1 ETH, many celebrities and NBA players are also interested in this pfp NFT project. Basketball legends like Seth Curry and Tyrese Haliburton and entrepreneurs like Hiten Shah also actively onboarded the Lazy Lions bandwagon.
Lazy Lions Roadmap
- 0%: Private Island launch
- 20%: Community Wallet launch
- 60%: Lazy Lions Merch drop at discounted price
- 80%: Launch of Lazy Lions Bungalow
- 100%: Launch of the Lazy Lions game
Benefits of Owning a Lazy Lions NFT
The Lazy Lions NFT project is the perfect example of success by building a solid community and giving back. Members refer to each other as Kings and Queens, with a sense of equality and inclusivity. The developers have also established a community fund to enhance the experience of the members further and take on future developments. Some added benefits that you get as a Lazy Lion holder are:
1. Roarwards
Roarwards was one of the reasons why Lazy Lions became so popular in its early stages. Every Lazy Lion holder could earn Ethereum rewards based on their community engagement in this program. The Lazy Lions team sets different monthly tasks for holders to become eligible for prizes. Signing up is as easy as connecting your Ethereum wallet and logging in to your Discord or Twitter. Instead of paying any celebrity or influencers to do marketing for the project, the team decided to go with community marketing and reward the community members instead. Their approach has received a lot of positive feedback from the community, setting it apart from other projects that rarely give back to the community.
2. Bungalows
In September 2021, the Lazy Lions team launched the Bungalows dApp, which gave the Lazy Lion holders a Bungalow on the Lazy Lions Private Island for displaying their digital assets. Owners can also use these Bungalows as a banner image for their Twitter handle and show off their Lazy Lions and NFTs from other collections. 9,600 unique Bungalows are randomly generated by mixing 100 unique characteristics. They wrote in one of their blog posts that the Bungalows dApp opens a new path for their developments in the metaverse, and it shows how the team is dedicated to bringing innovations.
3. Lazy Lions Collectibles
After the success of Lazy Lions, the developers launched the Lazy Lions Collectibles project as a way for people new to NFTs to be a part of the community. The new collection didn’t require users to shell out anything from their pockets. Instead, they airdropped it based on community participation.
4. Private Island Inside The Sandbox Metaverse
Using the developers’ funds, the Lazy Lions team has invested in The Sandbox LAND and created an exclusive island in the metaverse. Holders can access this private island to experience a virtual world, and later it will be used to explore the possibilities of Lazy Lions in Web3.
How to Buy and Sell Lazy Lions NFTs?
While OpenSea is currently the largest marketplace for NFTs, you can save yourself some fees by trading in marketplaces like LooksRare and Rarible. First, you need to connect your crypto wallet to the marketplace of your choice. We recommend you to use the MetaMask wallet as it is the most popular and secure digital wallet available. You can narrow the search results with various filters to find the NFT best suited for you in the marketplace. There are some different criteria that you can include in your search:
Chains: Ethereum, Polygon, Klatyn
Status: For Sale, On Auction, Offers
Price: Select your Price Range
Traits: Select your desired features like body gear, eyes, mouth, background, and more
Another thing to ensure is that you are on the verified Lazy Lions page on the marketplace. This is to make sure that you are paying for a genuine Lazy Lions NFT and not one among the fake NFTs out there.
Lazy Lions Sales and Volume Statistics
Lazy Lions NFT Features:
- Floor Price: 1.45 ETH
- Total Volume: 25.8K ETH
- Highest Sale: $350K
- Owners: 5,000
- Collection Size: 10,000
- Discord: 146,200 members
Soon after the collection launch, the average selling price went up steeply, boosted by organic growth and various high-profile names joining the Lazy Lions community. Entertainer Ja Rule joined the pride in early September, followed by the YouTube celebrity Jake Paul and Tyrese Haliburton, the famous NBA player. Even Arizona Ice Tea’s parent brand joined the community in September. All these factors pushed the Floor Price as high as 3.67 ETH on October 1, 2021, marking the all-time high of the project. Since October, the Lazy Lions floor price gradually declined as NFTs entered the bear market. But, the floor price held firm at 1 ETH (all-time low in December) and has been recovering slowly since January. The current price presents new investors a great entry point in this incredible project, given the amount of utility Lazy Lions NFTs bring with them.
Final Thought
Since the release of Lazy Lions, it has witnessed a steady increase in sales, the number of community members, and online engagement. When writing this article, Lazy Lions boasts of almost 150k Discord members and more than 80k followers on Twitter. Lazy Lions has a well-established community eager to get their hands on these premium vibrant NFTs for trading and collecting. The play-to-earn games provided by the developers are an added source of income to the holders. However, the developers have announced that they will only release an ERC-20 token for the play-to-earn game if there is a sound utility. The Lazy Lions collection is one of the most lucrative NFT projects still being actively traded months after launch. With a set roadmap, good community, and exciting rewards for holders, Lazy Lions are the perfect pfp NFTs that you can add to your collection.
