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Over 300K CryptoCurrency Moons have been burned since the launch of MoonPlace and it's not even fully functional yet.

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by COINS NEWS 116 Views

Over 300K CryptoCurrency Moons have been burned since the launch of MoonPlace and it's not even fully functional yet.

EDIT2: The MoonPlace website is working! here. Total burned Moons is now at 870,000 with 87% of the board having been purchased.

For those getting a 502 error, if you keep refreshing the page it should eventually let you in.

MoonPlace launched yesterday combining Web3 and Place. MoonPlace consists of 10,000 plots each available to mint for 100 moons for a max of 1M possible Moons (burned). Once minted the plot consists of 100 pixels which can then be altered to create pixel art, or can be combined with surrounding plots to make larger pieces of art. The minting website isn't fully functional and currently forces you to try and buy plots blind, (if you select an already minted plot it won't let you proceed and you'll have to try again). You can read more about MoonPlace here.

Still, Moon Degenerates and NFT fans - have gone hard, at the time of writing 3,052 plots have been bought equaling 305,200 moons being burned through MoonPlace. Although buys are thin there are nearly 40 sales on the second hand market for these plots totaling close to .5 ETH.

https://preview.redd.it/7wsb8x8b0tea1.png?625&format=png&auto=webp&s=8beab0e5bc017fd37e8c899427a87342dc809c87

It's insane how much support this has gotten from the Reddit community,

Moons at $.11 each equal over $33K USD in Moons being burned in less than a day.

You can find the MoonPlace website to mint plots here.

You can find the OpenSea page where you can check resale information here.

Edit: For those curious, it looks like the biggest MoonPlace whale owns just 2.3% of the canvas after they burned 23K moons and only three people own more than 1% of the canvas.

EDIT2: The MoonPlace website is working! here.

Total burned Moons is now at 870,000

submitted by /u/GabeSter
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