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What is Milady NFT?

What is Milady NFT?

Dive into the world of Milady Maker NFTs, examining their unique design, market value, and the challenges they faced in the digital art space.

Summary: Milady Maker NFTs are a unique collection of 10,000 pfp NFTs, showcasing a distinctive neochibi aesthetic inspired by Japanese street-style tribes from the early 2000s. The project further enhances the experience by integrating lifestyle extensions such as virtual avatars for streaming (Milady VRtube), exclusive Milady Raves in major cities, and a dedicated Minecraft server. 

The collection was created by the Remilia Collective in March 2021, blending avant-garde art with digital innovation. Despite facing controversy in 2022 involving CEO Charlotte Fang, the project has managed to sustain interest and value in the NFT market, with a current floor price of 5.05 ETH.

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What are Milady Maker NFTs?

Milady Maker NFTs represent a unique digital art collection, consisting of 10,000 generative pfp (profile picture) pieces. Each NFT showcases a neo-chibi style, influenced by various Japanese street-style cultures. This collection has gained recognition in the cryptocurrency community for its creative design and the immersive social experiences it offers, such as the Milady VRtube and the Milady Minecraft Metaverse. The project champions a copyleft ethos, encouraging a vibrant ecosystem of derivative works and community-driven projects. 

Launched on March 13, 2021, the Milady Maker NFT project quickly rose to prominence. These NFTs have become a significant element in online culture. They are frequently featured in viral memes and used as reaction images, especially on platforms like Crypto Twitter. Prominent figures in the cryptocurrency world, including Su Zhu and Ansem (@blknoiz06), have adopted Milady Maker NFTs as their profile pictures, further enhancing the collection's visibility and appeal.

Milady NFTs

Who is the Founder of Milady?

The inception of Milady Maker can be attributed to the collaborative efforts of the Remilia Collective, a collective of avant-garde internet artists. This innovative team features Milady Sonora Sprite, who contributed her artistic skills, and Charlotte Fang, also known as Charlie Fang or Charlemagne, who played a significant role as a driving force behind the collective's creative and strategic decisions until stepping down in May 2022.

Their creative endeavors include not only the Milady Maker collection but also the distinctively styled Redacted Remilio Babies. The collective itself supports collaborative creativity, allowing contributions from a diverse group of artists and developers that make up its decentralized network. This team's work in the digital art space showcases their commitment to bringing unique and engaging artistic expressions to the forefront of the NFT community.

Milady NFT Floor Price

Since their introduction to the market in March 2021, Milady NFTs have shown a significant trajectory in value. Initially offered at 0.05 ETH, they witnessed a substantial increase, reaching 0.2 ETH by the end of that year. The collection is currently witnessing dynamic trading activity on OpenSea with a floor price of 5.088 ETH. The market shows a healthy transactional environment evidenced by a total volume of 123,158 ETH. 

Within this bustling market, a slightly varied pricing landscape is observed among individual NFTs, with some offering premiums over the base floor price, illustrating a healthy buyer interest. The collection overall maintains a strong presence, with 49% of the total items listed for sale and a substantial 4,807 unique owners, reflecting a diverse and engaged community around the Milady Maker NFT series. 

Milady NFT Floor Price

What is the Drip Score for Milady NFTs?

The Drip Score is a valuation system designed specifically for Milady NFTs, focusing on their aesthetic appeal beyond just trait rarity. In this system, each Milady NFT is assigned a letter grade, which ranges across D, C, B, A, S, and SS. This grading approach is instrumental in categorizing each one based on their overall visual quality and appeal. It provides a nuanced perspective for collectors and enthusiasts, offering an additional dimension to assess and appreciate the distinct characteristics of each piece.

Are there a Milady Airdrops?

Yes, the Milady Maker NFT community is increasingly influencing the crypto world, which has lead to projects like Ethena Labs and Renzo providing free airdrops to holders. Ethena Labs has rewarded Milady Maker holders with 0.2% of its entire token supply in a recent airdrop. Similarly, Renzo has allocated 0.1% of all REZ tokens, aiming to foster loyalty and promote sustained community interaction.

Milady Controversy

In 2022, Milady Maker NFT faced significant controversy following revelations about its creator, Charlotte Fang, who admitted to being behind a pseudonymous account linked to problematic behaviors and an online cult. @CharlotteFang77 acknowledged that this past persona, known as "Miya," was responsible for promoting harmful ideas and exploiting underage girls online, allegedly coercing them into self-harm, which deeply affected the Milady Maker's reputation and its community. 

This admission caused a dramatic drop in the Milady Maker NFT prices, which plummeted nearly 70%, with the floor price sinking to 0.26 ETH. The situation was further complicated by historical connections of some avatars in a spin-off collection to offensive Nazi-related content, though creators claimed this was unintentional and computer-generated. The scandal not only impacted the collection's market value but also stirred broader discussions about responsibility and ethics in the NFT space.

Bottom Line

In conclusion, Milady Maker NFTs encapsulate a distinctive blend of artistic innovation and cultural impact within the cryptocurrency and NFT world. From their inception by the Remilia Collective to their current status, these NFTs have traversed a path marked by creative excellence, market value fluctuation, and controversy. The unique Drip Score system adds depth to their valuation, focusing on aesthetic appeal. 

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