Collectibles

Undervalued: My Pet Hooligan, Cosmopolity, Brotchain, and More

Traversing the world of non-fungibles is a daunting task. With so many new NFT projects, artists, and large-scale collections cropping up weekly, it has become nearly impossible to keep up with all the new and exciting happenings.

Previously, all that was needed to find the latest NFT craze was a simple browse through OpenSea. But things have changed drastically since the 2021 NFT boom. Now, NFT enthusiasts have to be really mindful of what and where they collect.

To aid in the unearthing of awe-inspiring NFT endeavors both new and old, nft now presents Undervalued: a weekly column highlighting innovative projects, collections, and artists pushing the NFT space forward.

My Pet Hooligan, launched in December 2021, is a collection of 8,888 3D rabbit-themed NFTs created by AMGI Studios — an animation team headed by the former chief animator for Pixar’s Toy Story franchise. With the goal of reshaping the animation landscape in entertainment, gaming, and interactive AR/VR environments, AMGI is possibly one of the most robust studios innovating in the PFP FNT market.

Although we’ve seen many projects fall short of their roadmap promises in the past, in just over half a year My Pet Hooligan has rolled out a variety of unique experiences and incentives for collectors. By owning a Hooligan, collectors receive access to the AMGI Studios’ suite of animation products as well as a unique 3D avatar that will be playable within AMGI’s forthcoming play-to-earn metaverse game, The Rabbit Hole.

Shitty Emojis is a collection of 314 poorly drawn portraits of people, anime characters, memes, and more created by influential digital artist YungJake in April 2021. The project was born during the early 2021 NFT boom when creators of iconic memes had begun finding new ways to monetize their intellectual property via NFTs.

YungJake’s emoji art has been going viral for years, with his highly-detailed portraits of celebrities and superstars garnering millions of views and shares. Although he had previously minted a variety of more sophisticated 1/1 pieces, Shitty Emojis was Jake’s first true NFT collection and was created as a way to both bootstrap a community and bring a more casual version of his unique and culturally relevant style of art to the blockchain.

Cosmopolity, launched in October 2021, is an NFT project centered around blockchain tech and user-generated art. At its core, Cosmopolity is a collection of planets, moons, and stars that are all born (minted) utilizing NFTs owned by the minter.

Created by influential collector, investor, and developer Doh.ETH, the project is said to be an experiment in NFT programmability and auto-derivation that is intended to question the idea of “ownership” in digital art. Each foundational color and pattern that make up the celestial NFTs are created in the image of a real planet or moon from our solar system.

Differing from other NFT projects, Cosmopolity allows collectors to purchase a clean slate of an NFT planet that they can modify at any time — repainting it in the artistic style of any other work of NFT art that they currently own.

At first glance, Brotchain may seem similar to the various other generative NFT collections living on the Ethereum blockchain. Yet, the project, launched in August 2021, is a unique art endeavor that features art created entirely within an Ethereum smart contract.

Brotchain features bitmaps (images made up of coded pixels) that are generated and rendered entirely on the blockchain. “Brots,” the NFTs, are generated from the Mandelbrot and related Mandelbar, Multibrot, and Burning Ship fractals. There are 512 edition NFTs within the Brotchain collection.

The project’s creators say it’s “about as pure as you can get for an NFT” as each token has no inputs, no externalities, and no rendering dependencies. Because of the fact that the project is 100 percent created by the Solidity coding language, Brotchain is said not to be an on-chain project, but one that is “in-chain”.

Woodies is a PFP project, launched in September 2021, that was created by a community of highly-regarded artists and developers. The collection features 9,739 NFTs and boasts a unique use case of building a rich storyline illustrated by PFP NFTs.

Originally released as a standalone collection, Woodies has grown to encompass a series of collectible cards and a community centered around the values of adventure and kindness. Overall, the project offers a whimsical spin on generative avatars seemingly inspired by Greek mythology with the aim of bringing in-depth storytelling to life via NFTs and metaverse endeavors. Woodies also embody a philanthropic mission with a percentage of project profits donated to global reforestation efforts.

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