Monk Mafia or MM is an Asian-themed collection of 5.555 adorable pixelated monks meditating on the Solana blockchain.
In this article, we will discuss:
What is Monk Mafia?
Monk Mafia or MM is an Asian-themed Solana-based collection comprised of 5.555 adorable pixelated characters. In addition to being a digital asset, each character also doubles as an exclusive ticket that gives collectors direct access to specially crafted utilities and events. for holders.
The History of the Monk Mafia
The story of Monk Mafia revolves around two high school friends named O Nata and Papillon, who joined a clandestine club in 2013 whose main objective was to overthrow the government. The club, which also owns weapons like guns and grenades, requires members to buy cryptocurrencies from the dark web to fulfill its goal of an anarchist society.
Unfortunately, there was a clash between this club and another mafia gang, causing major injuries to its members including The Nata and Papillion who succumbed to coma for years only to wake up this year (2022). Upon waking up, they finally realized their huge losses and vowed to continue their club's unfulfilled goals using the cryptocurrencies they bought years ago.
They disguised themselves as monks to hide from the authorities. And from there, O Nata and Papillon started the “Monk Mafia”.
1055 Monks will be HODLed
Once Monk Mafia is released, the team will keep HODL 1055 of the 5.555 characters in the set, which will decrease the MM supply and increase its value on the secondary market. This ensures that Monk Mafia holders gain much more value from their assets, and the value of the entire collection will remain strong.
Team behind the project
Monk Mafia is comprised of members with experience in the pop music industry, investment banking, content creation, photography, graphic design, art direction, social media partnerships and public relations campaigns.
And even with the team's diverse cultural backgrounds, they are all bound by the same vision of promoting Asian creativity to the world and using non-fungible tokens (NFTs) as a platform to promote anti-racism and anti-violence campaigns.
Monk Mafia Utilities
Community well-being – 10% of royalties generated from secondary sales will be channeled back to Monk Mafia holders. DAO Trust will be established. 20% of the profits made from this trust will be distributed back to the community through carefully selected investments. The team will offer buybacks to members once the Monk Mafia price drops below the pre-sale price.
Awards – Each quarter, one lucky person will be chosen and will receive an all-expenses-paid trip abroad. Holders can enjoy gifts and airdrops from the Monk Mafia team all year round.
There will be a monthly raffle where two wallet owners can have a chance to win $USD 500 to $USD 1000.
Monk Network – Meet and greet other Monk Mafia holders at 5-star hotels based in Hong Kong.
Get access to members-only private events, yacht parties and even mystery encounters!
Funding campaigns – As one of the collection’s main goals is to promote anti-racism, the team has allocated 5% of Monk Mafia’s revenue to fund campaigns advocating anti-racism and anti-violence
monkaverse
Monkaverse is itself metaverse from Monk Mafia, where holders can acquire rare NFTs, play games like poker and other fun minigames with other members, gain access to real-life rewards, and meet Asian celebrities.
collaborations
Since the announcement of the Monk Mafia collection, it has garnered interesting collaborations from some Asian icons, further enhancing its image as a haven for Asian NFT fans. Some of these collaborations include Nirvana Chaudhary, son of the richest Nepalese in the world, and Donald Chan, a famous urbex photographer in Hong Kong.
Conclusion
The Monk Mafia collection has definitely prepared itself for its publicity and has an impressive script designed to strengthen its community.
But it remains to be seen whether this collection can really take off, as more variables still have to be considered. These aspects include the team's commitment, how well its utilities can satisfy the community, and most of all, the demand it can generate once it's launched.
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