Mad Lads is a collection of 10,000 NFTs featuring classically styled characters with diverse and unique attire. This project stands out for its innovative approach to NFTs and strong community support. Let’s dive into the details.
Overview of Mad Lads Collection
Mad Lads is the first collection by Backpack, a Solana-based crypto wallet introducing the new xNFT standard. Essentially, xNFTs (Executable NFTs) are NFTs embedded with programmable scripts, enabling them to function as platforms for Web3 applications.
Aesthetically, each NFT in Mad Lads showcases hand-drawn characters with a classic art style and eclectic fashion, making the collection visually distinctive and appealing.
Key Highlights
- Launch Date: April 20, 2023
- Mint Price: 6.9 SOL per NFT
- Initial Challenges: The public mint faced a DDOS attack by bots, delaying the launch by 24 hours. Developers resolved this by creating two unique minting gateways.
- Post-Launch Success: Floor prices surged rapidly, generating over $8M in trading volume within 24 hours. Notably, Solana co-founders Anatoly Yakovenko and Raj Gokal endorsed the project by setting Mad Lads as their Twitter profile pictures.
👉 Discover more about Mad Lads NFT utility
Features of Mad Lads NFTs
Each NFT in Mad Lads comprises 17 distinct traits, including:
- Background: 12 variants (Yellow, Orange, Pink, etc.)
- Clothing: 77 variants (Mad Armor, Metal, Iron Lady, etc.)
- Expression: 16 variants (Inferno, Royal, Joy, etc.)
- Eyes: 14 variants (Madness, Closed, Blue, etc.)
- Hair: 43 variants (French Crop, White Beard, Grease, etc.)
(Full trait details available in the project’s official documentation.)
Utility for NFT Holders
Owning a Mad Lads NFT unlocks:
- Profile Picture (PFP) usage
- Exclusive access to private clubs and community groups
Roadmap
Updates to be announced by the Mad Lads team.
Collection Stats
- Name: Mad Lads
- Category: PFP NFTs
- Total Supply: 10,000 NFTs
- Blockchain: Solana
- Traits: 17 per NFT
- Contract: (Pending update)
Community & Social Presence
Mad Lads boasts a rapidly growing, engaged community across multiple social platforms despite its recent launch.
Core Team
Developed by Coral, key team members include:
Armani Ferrante (Founder)
- Computer Science graduate (University of California).
- Former software engineer at Apple and Oasis Labs.
Tristan Yver (Co-Founder)
- Finance and International Business graduate (University of Hawaii).
- Former Head of Strategy at FTX.
Investors
On September 28, 2022, Coral raised $20M in funding led by FTX Ventures and Jump Crypto.
Marketplaces
Mad Lads NFTs are tradable on platforms like Magic Eden and Tensor.
FAQ
Q: What makes Mad Lads unique?
A: It pioneers the xNFT standard, blending art with executable Web3 functionality.
Q: How can I buy a Mad Lads NFT?
A: Purchase via Solana-based NFT marketplaces like Magic Eden.
Q: What’s the long-term vision for Mad Lads?
A: Expanding utility and integration within Backpack’s ecosystem.
👉 Explore Mad Lads on OKX Marketplace
Conclusion
Mad Lads marks Backpack’s debut collection, setting a new benchmark with xNFTs. This guide covers essential details—stay tuned for updates as the project evolves.
For further inquiries, refer to Mad Lads’ official channels.
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