Blockchain startup Proof has announced the launch of its latest collection of Ethereum profile picture (PFP) NFTs, dubbed “Mythics.” The initiative is the newest addition to the company’s Moonbirds project and extends its digital art offerings.
The Mythics collection, which totals 20,000 profile picture NFTs, will be progressively disclosed over a period of at least 200 days. This unveiling process is designed to provide a novel minting experience to existing Proof NFT holders, the company claims.
Mythics and Moonbirds: A Unique Bond
The Mythics collection was first disclosed in August 2022 alongside a Series A funding round worth $50 million for Proof, which venture capital titan Andreessen Horowitz spearheaded.
The Mythics series is deeply intertwined with the Moonbirds project. Moonbirds, a collection of 10,000 owl NFTs, has so far sparked almost $650 million in NFT trading. To be eligible for a Mythic egg, which hatches into a new NFT, Moonbirds NFT owners need to “nest” or stake their bird. Moreover, owners of Oddities, a past Moonbirds spinoff by Proof, must burn or permanently dispose of their NFTs to be eligible to obtain a Mythic.
The Slow Reveal: A Unique Minting Experience
Starting from today, each day will see the activation of 50 randomly chosen claimed eggs and the burning of 50 daily Oddities. Over time, this method will result in the daily release of up to 100 Mythics, spread over a minimum of 200 days.
The fresh NFTs are classified into three categories: the more scarce stone and legendary eggs, each making up 20% of the collection, and the more common runic eggs, which account for 60%. The type of egg determines the number of potential Mythic forms, providing a level of intrigue and variety for the minters.