Milady Maker’s Glorious Rise Continues

The Milady Maker, a collection of 10,000 neo-chibi NFTs inspired by Y2K Japanese street style, continues to gain momentum. Its initial floor price of 0.05 ETH soared to 3.8 ETH by 2023, testifying to its enduring allure.

The Milady Maker, a collection of 10,000 generative pfpNFT’s in a neo-chibi aesthetic inspired by street-style tribes on the Ethereum blockchain, has gained significant popularity since its launch. This collection of anime-style, lo-fi avatars was introduced in 2021 by an anonymous online group known as Remilia. Initially conceived to provide holders with access to a personalized Minecraft server, the project’s scope has since broadened considerably. Milady’s style is inspired by the subcultural fashion tribes of Y2K Japan.

The Milady Maker collection comprises five unique style themes, each drawing inspiration from one of Tokyo’s major fashion tribes: Gyaru, Prep, Lolita, Hypebeast, and Harajuku. Each avatar within this collection is further classified by a ‘Drip Grade,’ a rating system that evaluates the avatar’s outfit on a distinct scale.

Launched during the NFT boom in the summer of 2021 with an initial floor price of 0.05 ETH, the Milady collection experienced a remarkable surge. As of 2023, it continues to maintain this value, demonstrating the collection’s sustained appeal, and its price is now 3.8 ETH.

Milady Sales Increase, Source: Opensea.

Building on its original momentum, the Milady Maker collection has continued to grow and innovate. Its integration with Blend, Blur’s lending platform, has opened up new avenues for investors and collectors, contributing to the collection’s sustained value in the market. Today, Milady Maker stands as a testament to the potential of NFTs, not just as digital art pieces, but as integral components of broader ecosystems, driving engagement and value in the digital realm.

Blend’s effect on price rise to 3.8 ETH

The recent launch of Blend, Blur’s unique lending platform, has caused ripples in the NFT market, notably influencing the success of the Milady Maker NFT collection. Introduced on May 2, Blend is a trailblazer, enabling NFT owners to leverage the value of their digital collectibles by securing loans against them, while also offering liquidity providers an opportunity to earn interest on their supplied ETH.

Blend’s innovative approach to NFT acquisition, which involves a small initial deposit for a desired NFT and the balance represented as a loan, has led to a surge of interest in the Milady Maker collection. The relatively low deposit requirement made the collection accessible to a wide range of investors, leading to a significant increase in activity and interest in the NFT space.

Initially, the availability of Blend’s features for only three NFT collections – Azuki, CryptoPunks, and Milady Maker – influenced the volume of these NFTs. By providing a liquidity solution for NFTs and facilitating easier access to high-value digital assets, Blend has created a buzz in the NFT world and played a crucial role in the growing popularity of the Milady Maker NFT collection.

After Blend started, the Milady Maker collection’s sales increased a lot – by over 600%. People who like NFTs used the new lending platform to buy more. This made the lowest price of the collection go up from 2.8 ETH to 3.8 ETH.

For more information on the Blend platform, please check out this article.

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