At the beginning of 2022, the financial market was flooded with news that the United States Federal Reserve would raise interest rates. Now, risky assets are being sold off and the cryptocurrency market, strongly correlated to the U.S. stock market, cannot remain untouched. There is a strong need for short-term, risk-averse capital. Nonfungible tokens (NFT) — aside from converting them to stablecoin currencies such as Tether (USDT), Dai and USD Coin (USDC) — have become a shelter for such capital.
There are numerous characteristics of NFTs that make them popular as capital. On Jan. 21, Twitter announced a new function allowing users to set an NFT as their profile picture (PFP), causing PFP projects such as the CryptoPunks, Bored Ape Yacht Club and Phanta Bear collections to grow popular.
Today, with ever-evolving blockchain technology, the speed of technological iterations and concept innovations is neck-breaking. The future of PFP projects doesn’t stop here: Many new ideas are emerging.
The launch of the Valerian crypto background puzzle NFT series is exciting for its glimpse into the PFP sector. The fun and inventiveness of puzzles endow the NFTs with attributes beyond their original characteristics, which make them not only visually distinguishable but also lend life to each creation’s “personality.” A Twitter user stitching together a pair of their favorite NFTs to display as their background photo can lead to an unparalleled sense of achievement and satisfaction.
It is worth noting that the Valerian series is rooted in a classical Bande dessinée work — a series of French comics titled Valérian and Laureline. The movie adaptation was directed by Luc Bess and tells the story of experienced agents Valerian and Laureline arriving in Alpha, the “city of a thousand planets,” traveling through space and time to complete a series of missions.
The general public has understood little about how to fully capture and utilize the value of crypto avatars. In their perception, it is nigh unbelievable that the sky-high price of hundreds of thousands of dollars can be reached with just a few JPGs. They do not understand the spiritual core of NFTs and the charm of crypto technology — as unique, indivisible, non-homogeneous digital assets on the chain.
As the old saying goes: “The essence is at the end of the pen; every inch of ingenuity is difficult.” The Valerian project team has further upgraded the spiritual core of NFTs from a digital to a narrative role. The reason why CryptoPunks, Bored Apes and related projects are successful is that they provide a background that has effectively zero narratives. When one buys, for example, CryptoPunk #3590, they know nothing about its character, personality and inner world. There are no legends and no stories attached, lending the concept unlimited creative value.
Valerian has pioneered the interesting gameplay of puzzles — not only rich in its combinations but also creating a richer narrative background than traditional intellectual property (IP) — in addition to crypto avatars, which are worth exploring. This work contains a rich story with a uniquely French comic style and fascinating lore. The real power of IP lies not in the media but its source.
The combination of the Valerian IP with crypto assets will undoubtedly bring about a new genre with story depth and narrative weight. It will lead to a paradigm shift for PFP projects.
The Valérian and Laureline comic series was created by Pierre Christin and artist Jean-Claude Mézières. It was considered a milestone in European comics and pop culture and is well known in European comics as one of the best comic books of all time. Its science-fiction images have been borrowed by many works in the same genre such as Star Wars and others. It serves as an inexhaustible source of inspiration for the new generation of cartoonists.
About Kaka Metaverse
Kaka Metaverse is a competitive-gaming ecosystem platform focusing on the Metaverse blockchain-gaming sector. It is committed to combining the application of NFTs and decentralized finance in the ecosystem, constructing a cross-chain bridge based on the concept of global decentralization, integrating various IPs of global brands, and creating decentralized autonomous management. It aims to create a prediction agreement perpendicular to the e-sports prediction market and an open, transparent, decentralized, complete project for the ecosystem. The main sectors are divided into the two following categories: providing services such as research and design, sales, trading, circulation, e-sports, and trendy games for game and art NFTs; and focusing on the prediction market in the field of esports.