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NFT Projects

What is MONGS? [All You Need to Know 2023]

Ever heard of Pepe, Doge, and Wojak?

Powered by altcoins looking to make a name for themselves in the NFT industry, these NFT projects seem to be gaining a lot of attention by making themselves the subject of memes and jokes.

On the 8th of December, 2021, Congressman Brad Sherman unknowingly turned himself into a meme.

“The number one threat to cryptocurrency is crypto. Bitcoin could be displaced by Ether, which could be displaced by Doge, which could be displaced by Hamster Coin, and then there’s Cobra Coin. What could Mongoose Coin do to Crypto Coin?”

In this article, we’ll review all the hype around the Mongs NFT collection and what really makes the NFT community drool over this project.

About MONGS

MONGS NFT is a collection of non-fungible tokens (NFTs) that features 6,943 unique mongeeses, a small African carnivore.

The project was developed to complement the mongoose meme and has been widely adopted by the community, growing a dedicated group of diamond-handed Mong believers.

“MONGS are a culture, a vibe.

They believe that somehow this is new, hip, and an attack on the powers of society.”

Each MONG is different with its own personality, accessories, and rarity. From its website, it can be seen that this was created along with a meme token called MongCoin.


MONGS NFT Roadmap

There is no official roadmap that has been presented to the public by the team. This is due to the fact that the collection wasn’t termed a long term investment by the creators at the beginning of its development phase.

Although, some of the collectors and fans have expressed their interest and curiosity about the future plans and updates of the collection.

The creators have responded by saying that they are working on some exciting features and surprises for the community, but they do not want to reveal them until they are ready

Nevertheless, there have been a few leaks to include the following as the project develops over the next few years:

  • Web3 Game
  • “ILLUMONGNATI” Q1 (cryptic gamified social experiment memecoin meta)
  • IRL Merchandise
  • Plans to list on more exchanges
  • HAMSTR NFTS
  • ROYAL MONG Ordinals


MONGS NFT Utility

The MONGS NFT do not have any IRL utilities as at the time of writing. Their main form of utility is in the resale value of the NFTs on marketplaces and the potential increase of the floor price as well.

Although, some NFT collectors are not motivated by profit, but by passion. They buy and hold NFTs that resonate with their personal tastes, values, or identities.

However, there are plans to develop future utilities for the NFTs, such as access to exclusive events, discounts on merchandise, and voting rights on future projects. These planned utilities could increase the value of the NFTs and make them more attractive to investors.


The Creators of MONGS NFT

The creators of the MONGS NFT collection launched the MongCoin meme coin in May 2023. It’s creators are not known but the name of the collection was coined from a rant by a US Congressman.

On 8th of December, 2021, Congressman Brad Sherman unknowingly turned himself into a meme.

“The number one threat to cryptocurrency is crypto. Bitcoin could be displaced by Ether, which could be displaced by Doge, which could be displaced by Hamster Coin, and then there’s Cobra Coin. What could Mongoose Coin do to Crypto Coin?”

Those wild words, carved their way into history and birthed one of the illest and most hyped communities the crypto space has ever seen.


When to Mint MONGS?

The MongsNFTs were minted on January 9, 2022 and sold out in 17 minutes. The average mint price was $0.03, with a sales floor price of $0.06 and an average price of $0.07.

Currently, it has a floor price of 0.056ETH on the Opensea NFT Marketplace and only 2% of the whole collection is listed for sale on various marketplaces.


Where to Buy MONGS NFT?

You can purchase MONGS on these marketplaces: Opensea, Mintable, Nifty Gateway, and Blur.

Currently, it has a total trading volume of 2,372ETH and 1,789 new owners on Opensea

When buying, you’ll need an account on one of these marketplaces to make a purchase.


gmBlockchain’s Thoughts

If you are looking for a unique and engaging NFT experience, then you should check out MONGS NFT.

The team is committed to creating a community that is welcoming and supportive, and the MONGS themselves are sure to bring a smile to your face.

Victor Chijoke

Passionate about blockchain, and the decentralized internet. A writer in the morning, goalie in the evening. The aim is to keep my readers informed about the ever-evolving world of web3 with a unique blend of expertise and storytelling.

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