Coinbase Bring Back Pixelmon’s ‘Horrible Mistake’ Kevin NFT as Base NFT
Remember the most-memed Pixelmon video game character, Kevin, that took the internet by storm, has been brought back as an NFT collectible in summer attire. Crypto exchange Coinbase made this decision to celebrate the launch of its new base network and to provide some exciting benefits to its holders. Kevin was notorious for some unpleasant reasons as the founder called it an unacceptable creation. It got crushed on social media for weeks and Pixelmon admitted that they failed to reflect the actual message in their NFTs. It was the first time when NFTs remained in the spotlight for being the weirdest and most unacceptable collection.
Coinbase Brings Back Pixelmon’s Notorious NFT Kevin
Although, some super genius lads decided to own these NFTs and now they will benefit from their high-risk purchase.
There was one positive aspect in the midst of all the controversies. Some NFTs were so awful that people started adoring them for fun. The amphibian-like creature Kevin was among them.
As part of Coinbase’s “Onchain Summer” campaign, the collectible — which costs $2 or just under $2 worth of Ethereum (0.001 ETH) — is being minted on the Ethereum scaling network Base. Buyers receive access to a raffle for an in-game NFT egg, “perks” for a forthcoming mini-game on Base, and the chance to buy a real-world Kevin building block set.
Similar to Nintendo’s Pokémon series, Pixelmon features collectible creatures that can be purchased with Ethereum NFTs.
The collections generated a $70 million profit for the inventors when they were sold for 3 ETH each during the February 2022 mint, which at the time was a startling $8,100. But when the team soon after released the artwork, the creatures that merchants had bought without first seeing them were highly ridiculed.
Last year, the NFTs were widely mocked on social media after critics and memes circulated, labeled the project a scam, and pointed out that the characters were lifted straight from Unity’s library of pre-made assets. Pixelmon has been labeled a “rug pull” by prominent anonymous on-chain investigator ZachXBT, who has also warned investors to “stop supporting cash grab NFT projects.”
Syber Named the Creation Unacceptable
Syber, the pseudonymous creator of Pixelmon, later deactivated his Twitter account after calling the reveal of the character “unacceptable” and “a horrible mistake.” Despite significant criticism and ridicule, an odd icon has emerged in the crypto industry: a bipedal green voxel creature.
Kevin, one of Pixelmon’s many characters, became a meme among cryptocurrency investors, inspiring both Twitter accounts and a meme coin. Kevin NFTs fetched substantially greater prices than any other Pixelmon despite his blocky build, golden buck teeth, and missing googly eyes.
Kevin’s first-generation NFTs continue to fetch much greater prices than the rest of the Pixelmon NFTs. As of August 2023, Pixelmon NFTs may be purchased for as little as 0.3 ETH ($525), while “OG Kevin” NFTs can be purchased for as much as 3 ETH ($5,240) on OpenSea. One Kevin NFT fetched 4.2 ETH (nearly $7,200) in April.
In September 2022, a new company called LiquidX bought the rights to make games based on the Pixelmon IP. The development team has been consistently releasing new builds of the game, but it is still unknown when it will be released to the general public.
Kevin a ‘Horrible Mistake’ Returns as Base NFT
They embraced the critics that allowed this NFT game project to remain on people’s minds despite the mistakes and recreated most of the characters but kept Kevin’s original pixelated mass unchanged.
The Base NFT collection description states: “Kevin became the face of not only the unfortunate art of Pixelmon, but everything perceived to be wrong about the NFT space as a whole. Kevin was memed into the spotlight,” which is the appropriate punchline to use when one’s expectations and one’s reality don’t match up.
Coinbase has launched its Base, which has been in development for a long time, after a month-long launch event called Onchain Summer. A little over $142 million in value has been locked in the Base ecosystem since last week’s announcement, an increase of about 52% over the week preceding the debut. Its launch will impact the reputation of Kevin as Coinbase has adopted it as a vital NFT collectible.
About Pixelmon
Pixelmon has experienced a roller coaster ride in a short time, from being one of the most eagerly anticipated play-to-earn metaverse games to dropping down in a seemingly endless pit of infamy.
Pixelmon, which was inspired by Pokémon, was once an ambitious venture that promised an advanced metaverse. It was advertised as an open-world game in which players could go wherever their imagination took them while also trading and training their own Pixelmons.
In order to progress, you’ll need to put your Pixelmons against those of other players. By defeating enemies consistently in these fights, you can earn rewards in Ethereum (ETH) or Pixelmon NFT.
Are you interested in NFT Trading Cards? Then check out this new dark sci-fi theme NFT trading card game, Parallel:
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