NFT Spotlight: 0N1 Force
Stories from the 0N1verse.
When it comes to NFTs, finding a worthwhile project could be quite tricky. Unlike cryptocurrencies which you can evaluate objectively based on utility or technological innovation, NFTs, to the uninitiated, seem to be mere ‘eye candy’ pieces, leaving most people (even those already familiar with crypto) baffled as to why anyone would spend millions to buy a piece of digital art.
But as it is with any kind of collectible, whether it be baseball cards or action figures, the value of any item is simply a reflection of the eagerness of its community. Desirability (and thus value) is derived not just from ownership, but from one’s inclusion into a community of a shared culture.
Simply put, when looking for an NFT project to get into, one of the best things to consider is to look at how engaged its community is with the project. And we’re not just talking about how actively people flip their NFTs–but also in the way the project captures the imagination and creates a world of its own for its followers.
And currently one of the best examples of that, is 0N1 Force.
What is 0N1 Force?
0N1 Force is a collection of 7,777 unique Ethereum-based NFTs, each depicting an 0N1 (pronounced "OH-knee") –warrior citizens of a futuristic cyberpunk world called the Ethereal Enclave. Each 0N1 is meticulously hand-drawn by Bryan Lie, also known as IMCMPLX.
Similar to other PFP (profile picture) collections, each 0N1 features unique rarity attributes such as masks, bomber jackets, hoodies, kimonos, and various headwear and skins.
But what sets the 0N1 Force apart is that the collection is steeped in incredibly deep lore and backstory, in line with its vision of establishing a storytelling community that thrives as a ‘digital social network with no boundaries’.
This thinking has led to a global community which comprises art enthusiasts, artists, and celebrities including Logan Paul, Bobby Kim, Gary Vaynerchuk, and Steve Aoki. The community itself has supported and propelled the project forward, helping create a vast mythology that underscores the 0N1 Force project.
0N1 is a collection of 7,777 unique PFPs
0N1 Lore
0N1’s backstory revolves around a place called the Ethereal Enclave, a sprawling megacity and home to millions of life forms. The city itself was created by seven beings known as the Genesis Y0KA-1. These beings in turn were created by the Emperor's Eye, which was the first to emerge from the ‘One Source’ or the fountain of infinite potential.
Using the energy harvested from the One Source, the seven Y0KA-1 laid down the structure and the technology that formed the Ethereal Enclave. Over time, the Y0KA-1 transformed into more powerful classes of beings called B4K3M0-N0, then to golden eyed 0N1, and eventually into the all-powerful K4M-1, all of which are represented in the NFT collection.
The story continues that the Enclave continued to grow immensely, with its skyline consisting of pyramids, spired pagodas, and technologically advanced skyscrapers, all surrounded by invisible force fields. Controlled microclimates were able to regulate disease and pollution, which allowed the 0N1 to live prosperously for eons.
However, with the passing of time, the 0N1 became complacent. With the sudden death of the Emperor, the technology that sustained their lives began to malfunction, and a shift occurred within the One Source, causing panic among the Enclave's residents.
New forms of authority began to surface from the ensuing chaos, and clans formed to claim their districts. The 0N1, who once forgot about the Emperor, now gather in force, donning their mechanical Nano Suits, in preparation to protect themselves and to fight to restore balance in the Enclave.
0N1 Utility
As a PFP collection, the 0N1 NFTs are meant to be used primarily for profile pictures or avatars on platforms such as Twitter, Discord, or GitHub. But 0N1s aren’t just visually striking eye candy.
True to building upon storytelling as the main driving force behind the collection, owning an 0N1 gives, among other things, exclusive access to the upcoming 0N1 Force digital comic series, which is planned to expand more on the collection's characters and storylines.
The comic book will also feature the same eye-catching visuals as the NFT collection and is already underway in collaboration with artist Cromagnus and comic producer Josh Blaylock.
Moreover, members of the 0N1 Force NFT community will have exclusive access to new NFT releases from the 0N1 Force team, such as the 0N1 FRAMES of which only 7,777 are available–one for each 0N1 NFT, which can also be used in the future as a pass for exclusive events and airdrops.
01N Frames
The 01N FRAMES are the second NFT release from the 01N Force team and which faithfully plays into the storyline, in fact–they are the ‘Nano Suits’ for each 01N warrior.
Each 01N FRAME is likewise tied to and redeemable only through ownership of a specific 0N1 NFT. Redeeming the FRAME is completely free, and owners will only have to shoulder the gas fees for minting.
In the future, 0N1 Force plans to expand to other NFT assets such as virtual land, vehicles, and other accessories, which are also all tied to the original 0N1 NFT. This model is meant to drive value return to 0N1 holders, as the original 0N1 NFT keeps on expanding its utilities and allows for more engagement with the brand, partners, the community and the storyline.
0N1 Force also envisions future releases to include such utilities as ‘character morphing’ to upgrade the character traits of one’s 0N1. Sharing or lending frames and accessories is also a clear possibility given how each of NFT can be recalled and returned to the original holder, while original 0N1s are kept in cold storage.
0N1 Frames are Nano Suit armors tied to each original 0N1 NFT.
Recent acquisition
Last month, a group of investors composed of former executives from Binance and Yield Guild Games bought the 0N1 Force project through a community buyout led by blockchain investment firm Old Fashion Research (OFR) for an undisclosed amount.
With the acquisition, the group intends to invest significant funds to establish 0N1 Force as a leading metaverse-native IP. They also plan to hold a 50 ETH Artist Fund to support the development of the planned graphic novel series while supporting community talent.
Community and market stats
0N1 has 88.7K followers on their official Twitter page and another 11.5K on Instagram.
According to nft.stats.com there are currently over 3700 owners of 0N1s with the average floor price at $1,900 at the time of writing.
The most expensive purchase was for K4M-1 #1 (one of the first seven 0N1s in the origin storyline) for $110,000 last February.
Conclusion
Given the strong investor and community backing It’s projects like 0N1 Force that seem to disprove what critics have been calling the ‘NFT bubble’ –which was also supposedly to have burst in mid-2022. But moving on into 2023 and its apparent we’re only still seeing what fresh innovations and opportunities are still widely possible with NFTs. As it claims, 0N1 stands at the intersection of art, storytelling and technology, and like the Ethereal Enclave itself, is clearly pushing out its walls and widening its borders into the beyond.
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References
0N1 Force
https://www.0n1force.com/
What is 0N1 Force?
https://www.kraken.com/learn/what-is-0n1-force-nft
0N1 FRAMES: IMAGINE A FUTURE…
https://medium.com/@0N1FORCE/0n1-frames-imagine-a-future-ccd24b22030b
NFT.STATS.COM: 0N1 Force
https://www.nft-stats.com/collection/0n1-force
NFT project 0N1 Force bought out by group including former Binance, YGG execs
https://www.theblock.co/post/213460/nft-project-0n1-force-bought-out