Meta-morphic, the first NFT collection launched by Chinese contemporary artist Huang Yuxing in collaboration with the Web3 art platform LiveArt, went on sale on September 23. With  a price of 1.2 ETH, somewhat higher  than many current projects, the 800 presale NFTs were sold out in less than a minute and also topped the OpenSea Trending list.

The enthusiasm by collectors for the Meta-morphic collection has continued from the presale phase until now. Currently, the total trading volume has exceeded 552.7 ETH (Source: Element). Although at one point the floor price fell below the issue price, it is now steadily rising with active trading.

The total number of holders of the Meta-morphic collection is 481, and the percentage of Unique Holders is 48% on OpenSea. In fact, after excluding the 197 NFT official addresses, the percentage of Unique Holders is over 60%. Data from NFTGo, indicates that 64.24% of the addresses hold 1 NFT, and more than 95% of the addresses hold fewer than 3, with the average number of holdings per address fewer than 2. Generally speaking, an average holding of  fewer than 3 means that the project's holding amounts are more evenly distributed and indicates that the price trend will be healthier in the future.

Meta-morphic's holders include a number of blue chip holders and whales. As seen on NFTGo, Meta-morphic's Blue Chip Potential is close to 10%, with a high percentage of diamond hands that are project holders. This is in line with the publisher's efforts to actively cooperate with the blue chip community during the pre-sale phase.

According to the listing data, since the initial presale, the number of listings has continued to gradually decrease. After this initial wave of sellers, most held the NFT and were unwilling to sell, thus the floor price has been steadily rising.

Meta-morphic is a collaborative project with one of the hottest contemporary artists whose work has been tested by the market and whose value continues to rise. But Meta-morphic is more than just a project based on Huang’s fame and reputation. Huang Yuxing himself is central to, and actively involved in, the construction of the project. Huang’s vision determined the aesthetics, the form, the story, the mystery box, and the multi-chapter journey;  Huang Yuxing also personally participated in several AMAs launched by LiveArt, interacting with the community and answering their questions regarding the project. Huang Yuxing has also been active on his  personal social media channels, such as Twitter and Douyin, mentioning this project many times.

On the publisher side, the main founding team of LiveArt all come from traditional auction houses or galleries. For example, their founders are Boris Pevzner, former head of digital business from Christie's, and Adam Chinn, former COO of Sotheby's, who have a lot of resources and experience in the art industry. The project received a $4.6 million investment from Animoca Brands and others at its inception.

LiveArt collaborated with head-generating artist Reva to launch the Sacred Garden NFT series in April this year. At that time, all 500 works were Minted in less than 8 minutes; recently, a Global100 event was held, gathering nearly 200 artists from all over the world to promote the development of digital art. This kind of event is not profitable for the project, but the construction effect on the digital NFT track is great, which also reflects LiveArt's strength and commitment as a leading industry platform.

In terms of industry resources, LiveArt maintains partnerships with several blue-chip and Alpha communities, including Punks, BAYC, Azuki, CloneX, etc., which can also be seen from Meta-morphic's blue-chip rate. In addition, the project has also attracted the attention and stands of Hong Kong tycoon Adrian Cheng , director Stephen Fung, and several KOLs and organizations such as Animoca Brands, Binance, and OKX.

From the public information, the development of Meta-morphic is also expected to follow.

There are 3 chapters in the Meta-morphic series, and it is only in the pre-sale stage of the first chapter now. According to the publisher LiveArt in the AMA, they will make concessions on the price of the next two series, and there may even be free airdrops. It means that the first chapter of NFT will be a "Mint Pass", a model that is common in the NFT community and a common way for project developers to build an ecology. The NFT as a "Mint Pass" is the core of the ecology, the project will design a series of utilities around these core holders to protect the benefits of this group, it will also be reflected in the price of NFT.

It is worth noticing that Meta-morphic is LiveArt's first NFT series from a blue-chip artist, and will be the cornerstone and prelude for LiveArt to release more NFT collections by top artists in the future. The role of Meta-morphic "Genesis NFT" will be revealed, and holders will get airdrop and priority purchase rights from it.

Meta-morphic is a collection of generative artworks. In terms of artistry, with Huang Yuxing’s close collaboration, the quality is guaranteed. Generative art, as a more established digital art genre, is rising to the level of PFP Projects in the market. For example, not long ago, the generative art project QQL sought funding from Archipelago Art and raised $17 million in less than an hour. Meta-morphic, as an early stage project of generative art, has a clear first-mover advantage and has outstanding ability to absorb money when the market is hot.

Last but not least, LiveArt is yet to release their token. From the publicity of Meta-morphic, Binance, OKX, Kucoin and many other exchanges have participated, which shows the good relationship between the project and these exchanges, and it is logical to issue coins on these platforms afterwards. Therefore, before LiveArt's token launch, users can participate in their NFT activities, which is a good opportunity to get airdrops in the future.

Meta-morphic, the first NFT collection launched by Chinese contemporary artist Huang Yuxing in collaboration with the Web3 art platform LiveArt, went on sale on September 23. With  a price of 1.2 ETH, somewhat higher  than many current projects, the 800 presale NFTs were sold out in less than a minute and also topped the OpenSea Trending list.

The enthusiasm by collectors for the Meta-morphic collection has continued from the presale phase until now. Currently, the total trading volume has exceeded 552.7 ETH (Source: Element). Although at one point the floor price fell below the issue price, it is now steadily rising with active trading.

The total number of holders of the Meta-morphic collection is 481, and the percentage of Unique Holders is 48% on OpenSea. In fact, after excluding the 197 NFT official addresses, the percentage of Unique Holders is over 60%. Data from NFTGo, indicates that 64.24% of the addresses hold 1 NFT, and more than 95% of the addresses hold fewer than 3, with the average number of holdings per address fewer than 2. Generally speaking, an average holding of  fewer than 3 means that the project's holding amounts are more evenly distributed and indicates that the price trend will be healthier in the future.

Meta-morphic's holders include a number of blue chip holders and whales. As seen on NFTGo, Meta-morphic's Blue Chip Potential is close to 10%, with a high percentage of diamond hands that are project holders. This is in line with the publisher's efforts to actively cooperate with the blue chip community during the pre-sale phase.

According to the listing data, since the initial presale, the number of listings has continued to gradually decrease. After this initial wave of sellers, most held the NFT and were unwilling to sell, thus the floor price has been steadily rising.

Meta-morphic is a collaborative project with one of the hottest contemporary artists whose work has been tested by the market and whose value continues to rise. But Meta-morphic is more than just a project based on Huang’s fame and reputation. Huang Yuxing himself is central to, and actively involved in, the construction of the project. Huang’s vision determined the aesthetics, the form, the story, the mystery box, and the multi-chapter journey;  Huang Yuxing also personally participated in several AMAs launched by LiveArt, interacting with the community and answering their questions regarding the project. Huang Yuxing has also been active on his  personal social media channels, such as Twitter and Douyin, mentioning this project many times.

On the publisher side, the main founding team of LiveArt all come from traditional auction houses or galleries. For example, their founders are Boris Pevzner, former head of digital business from Christie's, and Adam Chinn, former COO of Sotheby's, who have a lot of resources and experience in the art industry. The project received a $4.6 million investment from Animoca Brands and others at its inception.

LiveArt collaborated with head-generating artist Reva to launch the Sacred Garden NFT series in April this year. At that time, all 500 works were Minted in less than 8 minutes; recently, a Global100 event was held, gathering nearly 200 artists from all over the world to promote the development of digital art. This kind of event is not profitable for the project, but the construction effect on the digital NFT track is great, which also reflects LiveArt's strength and commitment as a leading industry platform.

In terms of industry resources, LiveArt maintains partnerships with several blue-chip and Alpha communities, including Punks, BAYC, Azuki, CloneX, etc., which can also be seen from Meta-morphic's blue-chip rate. In addition, the project has also attracted the attention and stands of Hong Kong tycoon Adrian Cheng , director Stephen Fung, and several KOLs and organizations such as Animoca Brands, Binance, and OKX.

From the public information, the development of Meta-morphic is also expected to follow.

There are 3 chapters in the Meta-morphic series, and it is only in the pre-sale stage of the first chapter now. According to the publisher LiveArt in the AMA, they will make concessions on the price of the next two series, and there may even be free airdrops. It means that the first chapter of NFT will be a "Mint Pass", a model that is common in the NFT community and a common way for project developers to build an ecology. The NFT as a "Mint Pass" is the core of the ecology, the project will design a series of utilities around these core holders to protect the benefits of this group, it will also be reflected in the price of NFT.

It is worth noticing that Meta-morphic is LiveArt's first NFT series from a blue-chip artist, and will be the cornerstone and prelude for LiveArt to release more NFT collections by top artists in the future. The role of Meta-morphic "Genesis NFT" will be revealed, and holders will get airdrop and priority purchase rights from it.

Meta-morphic is a collection of generative artworks. In terms of artistry, with Huang Yuxing’s close collaboration, the quality is guaranteed. Generative art, as a more established digital art genre, is rising to the level of PFP Projects in the market. For example, not long ago, the generative art project QQL sought funding from Archipelago Art and raised $17 million in less than an hour. Meta-morphic, as an early stage project of generative art, has a clear first-mover advantage and has outstanding ability to absorb money when the market is hot.

Last but not least, LiveArt is yet to release their token. From the publicity of Meta-morphic, Binance, OKX, Kucoin and many other exchanges have participated, which shows the good relationship between the project and these exchanges, and it is logical to issue coins on these platforms afterwards. Therefore, before LiveArt's token launch, users can participate in their NFT activities, which is a good opportunity to get airdrops in the future.