Larva Labs is likely best known for starting the PFP NFT frenzy in 2017 with the CryptoPunks collection. Still, it didn’t sit back after that enormous “W.” Since then, it has introduced Meebits and Autoglyphs, a group of on-chain generative NFT art. The Ethereum blockchain is currently hosting a 20,000-piece collection of PFP NFTs that could very well be the future of this kind of NFT. Meebits, which debuted in May 2021, might be considered the iconic CryptoPunks collection’s spiritual heir. By giving the renowned CryptoPunks aesthetic a 3D makeover, Meebits intends to be the Web3 equivalent of CryptoPunks, which serves as the ideal 2D avatar for Web2 social network accounts.

What exactly are Meebits?

Meebits, Larva Labs’ third major undertaking, sought to effectively apply the lessons acquired from the company’s first two endeavors, particularly its experience creating the 2D art generator that gave rise to the first CryptoPunks collection. Therefore, much effort was put into ensuring the 3D algorithm that produced each of the 20,000 Meebits was up to par. Naturally, with so many Meebits in the initial drop, much of this work was concentrated on making sure that each Meebit looked excellent and was a verifiably unique item in the collection.

Meebits NFTs can therefore be generically divided into seven categories. This comprises Humans, Pigs, Elephants, Robots, Skeletons, Visitors, and the scarce Dissected kind, of which only five have been minted, and none are available for sale. These are listed in order of increasing rarity. According to current assessments, the average sale price for these uncommon NFTs comes to over 700 ETH or a little over $900,000.

That’s cool. How, then, do I purchase Meebits?

When Meebits was started, Larva Labs heavily pushed its users to share and trade with one another, which helped Meebits gain traction in the NFT market. It was essential to focus on creating a simple user experience for its official marketplace.

Users can take advantage of a zero-fee system on Meebits’ official NFT marketplace, which “allows simple buy, bid, and ask transactions” in addition to more profound, more complicated transactions like “‘like-kind’ swaps involving up to 100 meebits,” according to its official website. This is possible because a portion of the Meebits marketplace is operated off-chain to save network consumption and gas costs. However, this does not imply that using the marketplace will always be free of charge. There are still certain instances of this; for example, customers are prompted to pay the standard Ethereum gas price when canceling deals already in progress.

This ease of use is also included in the user interface (UI) of the Meebits marketplace, which provides interested customers with a plethora of information at a glance. It isn’t easy to fathom shopping somewhere else when Meebits’ integrated marketplace offers so many benefits to customers. Of course, Meebits is also available to people looking through an enormous NFT marketplace. Meebits NFTs are freely accessible on some of the largest NFT marketplaces, including OpenSea and Crypto.com’s NFT marketplace, just like other sizable collections.

Also Read: What Are Gal Yosef Beliefs On NFTs – Interview Snippet

A set prepared for the metaverse

Meebits can be compared to a full-body 3D upgrade of the classic CryptoPunks look. The twist? Here, “3D” refers to the voxel art style used in Minecraft’s virtual creatures, the original punks, other Larva Labs characters, and other media.

All of this serves Meebits’ most audacious objective: duplicate the success that CryptoPunks discovered on conventional social media in the metaverse. To do that, it is necessary to provide consumers with high-quality 3D avatars suitable for usage in virtual reality, augmented reality, and all other forms of existence.

Meebits supplied a critical tool for consumers wishing to utilize their Meebits in 3D areas to their maximum extent: a T-pose OBJ file—to make this aim a reality. No, this isn’t to allow users to establish domination online; instead, it’s to enable users to import their precious Meebits into most 3D modeling and animation programs, allowing them to fiddle around as much as they like.

Why Meebits are important

Even though Yuga Labs purchased the rights to CryptoPunks and Meebits in March 2022, we must not forget that Larva Labs created both of these brands. Sergio Silva, a day-one supporter and co-founder of MeebitsDAO agrees with this statement. The truth is that Meebits is a Larva Labs product first and foremost, he claimed in an interview with nft today, even though Yuga Labs now claims ownership of them. “Given the few years that transpired before Larva’s first two collections hit the market, I predict Meebits won’t enter the public eye for another year or two. Larva Labs has consistently been innovative.

Hmm what does this ON button do? Let’s find out… 🧵 pic.twitter.com/i5IFRFqafZ

— Meebits (@MeebitsNFTs) July 28, 2022

The Meebits NFT line from Larva Labs does indeed appear to be futuristic in design. In addition to Facebook’s widely publicized rebranding to Meta, which popularised the idea of the metaverse, the introduction of Meebits came several months before the launch of Meta’s Horizon Worlds metaverse game, for instance. Meebits is ideally situated to profit from the forward-looking buzz, given the promise of interoperability in Web3, as the metaverse continues to gain traction and draw users. Today, a Meebit may stand in for your virtual self in any number of open metaverse experiences found throughout Web3.

According to Silva, the Meebits are as near to a perfect product as there is. They have a free marketplace with smart contract-level coding and are the first wholly rigged 3D characters to be used in any Metaverse. Naturally, there is a catch; he continued, “Personaly, I think they just need time.” But that extra time can have implications beyond creating the infrastructure of the Meebits community. Right now, the best course of action may be to wait and see how Web3 develops over the next several months and years, given its integrated accessibility and preparedness for the metaverse.