Karafuru: bright anime NFT characters featuring 1 million colors

14.02.2023
Karafuru: bright anime NFT characters featuring 1 million colors

The Karafuru collection burst into the world of NFT like a bright meteor. The launch of the project was first announced in mid-January 2022. Within a few weeks, it had over 165,000 followers on Twitter and nearly 85,000 members on Discord. Not a bad start, right? By the way, it is the largest NFT project in Indonesia to date.

The authors of Karafuru managed to achieve incredible results:

  • in terms of transaction volume, the tokens have collected $100 million in a few weeks.
  • as of February 2022, the collection was in the top 3 NFT projects on OpenSea in terms of seven-day sales,
  • Karafuru entered the TOP-45 projects in terms of sales for all time on OpenSea.

So, what made the Karafuru NFT collection such a wild success? Let’s talk about it in today’s review.

 

Karafuru Official Links

 

What is Karafuru?

Karafuru is a collection of 5,555 NFTs that is the result of a collaboration between the Museum of Toys in Jakarta, the capital of Indonesia, and Indonesian artist Wede aka WD.WILLY (@WD_Willy). Tokens feature bright and saturated colors, which is quite consistent with the name of the collection (“Karafuru” means “colorful” in Japanese). According to the creators, there are 1 million different colors in the collection. That’s quite bright!

You will find an amazing variety of cartoon creatures in this collection. Each of them has its own nature, mood and features. All these guys love to hang out in a place called The Playground, which is the heart and pride of the Karafuru universe. Each of the characters has their own backstory and legend, which can be found out by visiting the official Discord channel of the collection.

 

Karafuru types and attributes

In total, the Karafuru NFT collection includes 12 characters.

Karafuru types nft
12 Karafuru characters
  1. Mosu. He loves to have fun and is always smiling. He hangs out with his brothers Kiba and Egao or fights with Uzachi.
  2. Kiba. He is the king of the playground. He doesn’t care who you are, he will play a prank on anyone.
  3. Otan. He is the most faithful companion on the playground. Otan is the perfect partner in crime. Just a Bonnie for your Clyde.
  4. Egao. He’s the coolest cat in school and he knows it. His charm will discourage anyone.
  5. Kuyaku. He is a very sensitive character who will match your energy and multiply it by ten.
  6. Futo. He loves to eat very much. He doesn’t like anything else. Nothing worries him. Most of the time he just stands there with his snacks.
  7. Uzachi. She is a small firework of emotions and impressions. Unfortunately, everything annoys her, especially Mosu.
  8. Torao. He is very successful. He got the money, the build, the looks. Whatever Torao wants, he gets it. And he wants everything.
  9. Shi’rai. He likes to talk to grass, crickets or rocks. Everything is fine. Sure, it’s a little weird, but he’s just curious.
  10. Ku’Roi. She doesn’t know all the latest fashions, she invented them. She’s an extravagant and outrageous fashionista.
  11. Goji. He seems dangerous. Is he a Godzilla? Or a dragon? Oh, don’t worry. If you look closely, it’s just Goji in a costume.
  12. Ikai. He is your friendly robot companion. Ikai is smart and knows best what to do in any situation.

All the main characters are endowed with various features and attributes, of which there are more than 1,000 in total.

Among them you can find the following:

  • Background (23 types),
  • Companion (3 types),
  • Eyes (12 types),
  • Headgear (49 types),
  • Legendary (95 types),
  • Mouth (24 types),
  • Outfit (32 types),
  • Skin (11 types).

 

Karafuru in numbers

  • A collection of 5,555 tokens was launched on February 4, 2022.
  • On February 4, the Karafuru team opened a 12-hour presale, during which the price of tokens was 0.2 ETH.
  • On February 5, the public sale began in the form of a Dutch auction. The base rate started at 0.5 ETH, then decreased by 0.25 ETH every 10 minutes until the price dropped as low as 0.2 ETH.
  • The project is ranked 40th among the best collections in terms of sales of all time on the largest NFT marketplace OpenSea.
  • Total secondary sales exceeded 45k ETH (over $70m at current exchange rates),
  • Floor price is 0.17 ETH (about $250).
  • Average sales are in the range from 0.15 ETH to 0.3 ETH,
  • The most expensive Kainko #343 was sold on February 11, 2022 for 100 ETH ($292k at the time of sale),
  • A total of 3,583 unique holders (65%). This shows the low chances of whales interconnection within the project. Thus, the risk of undesirable project management from the inside is minimal.
  • Only about 4% of the collection (240 pieces out of 5,555) are for sale, among them the range of offers is from 0.17 ETH to 3 ETH. This shows that almost all holders see the project as a great investment prospect and are not in a hurry to part with their assets at a lower price.

Data (including exchange rates) are given at the time of publication of the article (February 14, 2023)

 

Who created Karafuru?

The architect and author of the Karafuru NFT collection is an Indonesian illustrator known to the crypto community as WD.Willy.

Here are some facts about him:

  • Prior to NFT art, Wede created illustrations for books, board games and various merchandise products.
  • He has worked with such top brands as Asus, The Executive, Kompas Gramedia, Janji Jiwa and others.
  • His work can also be found on the hic.af platform.
  • He also designs toys for the Museum of Toys (MoT) @MuseumofToys_ based in Jakarta.

Once there was an event, and Ando, co-founder of the Museum, casually mentioned that the company would like to launch an NFT collection of toys. WD.Willy gladly agreed to help make this idea a reality.

When creating Karafuru, the artist drew inspiration from Japanese manga and anime, which he has been addicted to since childhood. This is how colorful Karafuru tokens appeared, each of which impresses with its originality and fine line details. A little later, MoT formed a star team of employees, which, in addition to WD.Willy, included such prominent NFT players as:

 

Karafuru Idea

Karafuru NFT is an integral part of the great project The Playground, which is gradually taking on the shape of a metaverse. Token holders will get certain benefits, but the team has not yet disclosed all the plans as for this. However, representatives of Karafuru have already stated the key goal of the release of the collection. They aim to provide NFT owners with full personal and commercial rights to use their assets.

It’s noteworthy that Karafuru NFT token holders cannot profit monetarily from art objects through the sale of merchandise. However, they are given full freedom to participate in community life on social networks such as Twitter and Discord.

 

Why is Karafuru popular?

Since its successful launch, the Karafuru collection has never disappointed its fans. Its popularity and demand are explained by the following reasons:

  • All Karafuru NFT token holders receive a free 3D copy of Karafuru and a physical toy. They can also expect to get exclusive collectibles.

  • The project team is in the process of building an amazing metaverse. It is already known that representatives of Karafuru have acquired lands in the digital kingdoms of The Sandbox, Ape Land, Arcade and some others. This expansion promises exclusive future experiences for fans of the collection.
  • The strong and close-knit community of the Karafuru project speaks in favor of its high liquidity. There are currently around 282k followers on Twitter and 129k members on Discord. A large community contributes to the distribution of information about the project and the involvement of new fans of digital art.

 

Karafuru Roadmap

The roadmap of Karafuru is presented in their corporate style. A lot of attention is paid to different events. After all, not only the characters should be bright, but also the IRL events!

Here are some significant events that marked the path of this collection:

Karafuru Carnival

This carnival took place from March 25, 2022 to April 3, 2022 in Jakarta. The exciting event was aimed primarily at strengthening partnerships with other brands, meeting the owners of Karafuru NFT tokens, selling merch, and so on. According to the official statement, more than 200,000 fans of the project took part in the carnival.

Attending a carnival brought tangible benefits. Token holders could apply for Merchandise vouchers and Carnival vouchers, which were then exchanged for free snacks, discounts, participation in games, and exclusive Karafuru merchandise.

Partnerships with Hypebeast and Atmos brands

It was commented in detail by the project team on Twitter in March 2022.

The goal of cooperation with new partners was to develop a collection of 3D Karafuru tokens. Each holder could also receive a physical copy of their asset from the Toy Museum. In addition, 3D avatars will be applicable in those metaverses where Karafuru has already invested. The team also stated that if it uses the 3D tokens commercially, the holders will receive royalty as owners of the intellectual property.

Another nice advantage of this co-branding was the access of community members to the future joint merchandise of the three partners.

Airdrop surprise

On June 23, 2022, the Karafuru team informed Furu Genesis owners on Twitter that they should check their wallets:

This was a surprise. None of the airdrop owners saw what exactly was hidden in the gift box. The content was scheduled to be revealed the following day during the NFT NYC event. Many holders speculated that the gift boxes might contain Karafuru NFT companions, as it was the case with the Bored Ape Kennel Club collection.

Participation in NFT NYC 2022

NFT NYC 2022 is rightfully considered the largest event in the NFT space. Guests could communicate with each other, meet new like-minded people, participate in pop-up events and purchase merch.

Karafuru Shop

An important step in the development of the project was the opening of Karafuru Shop.

In the Karafuru Shop, you can find exclusive merch products that match the lifestyle of Karafuru tokens, such as skateboards, branded t-shirts, coloring books, baseball caps, and more.

Karafuru Marketplace

This is the project’s own marketplace, open for NFT trading.

One might say that the main milestones of the Karafuru roadmap have already been achieved. In any case, the team did not announce specific plans for 2023. Nevertheless, judging by the activity and aspirations of the authors of the project, the community members will have many pleasant surprises in the future.

 

Karafuru Ecosystem

As such, the Karafuru has no child projects, since it is part of The Playground project. However, Karafuru 3D collection (https://3d.karafuru.io/) may be considered as a kind of ecosystem.

Karafuru x HYPEBEAST x Atmos NFT collection

The Karafuru x HYPEBEAST x Atmos NFT collection consists of 15,555 3D avatars and is the brainchild of a partnership between Karafuru, Hypebeast and Atmos. 5,555 of them are reserved for the owners of the basic collection. The holders may purchase exclusive real merchandise. However, judging by the intrigues of the team, there are more goodies to come.

Karafuru x HYPEBEAST x atmos NFT
3D avatars from Karafuru x HYPEBEAST x Atmos

 

How much do Karafuru cost?

At the time of launch in February 2022, mint was divided into 2 stages:

  • On February 4, the Karafuru team opened a 12-hour pre-sale, during which the price of tokens was 0.2 ETH.
  • On February 5, the public sale began in the form of a Dutch auction. The base rate started at 0.5 ETH, then decreased by 0.25 ETH every 10 minutes until the price dropped as low as 0.2 ETH.

The market immediately showed its interest in the collection. In a few weeks, secondary sales exceeded $100 million. As of February 2022, the collection was in the TOP-3 NFT projects on OpenSea in terms of seven-day sales.

How are things now? To visualize the price dynamics, we made a slice of the average price for 1 NFT:

  • in June 2022 – 0.7 ETH,
  • in September 2022 – 0.3 ETH,
  • in December 2022 – 0.2 ETH.

Now (February 14, 2023) the minimum price is 0.17 ETH. On average, the latest sales are in the range of 0.15-0.3 ETH. And the total volume of secondary sales amounted to more than 45k ETH (about $70 million).

 

The most expensive Karafuru sales

The most expensive sales are led by the following NFTs from the Karafuru collection:

  1. Kainko #343 was sold on February 11, 2022 for 100 ETH ($292k at the time of sale),
  2. KX-78 #577 was sold on February 11, 2022 for 69 ETH ($202k at the time of sale),
  3. Kaiboxing #4068 was sold on February 11, 2022 for 60 ETH ($184k at the time of sale),
  4. Monkey Kai #551 was sold on February 11, 2022 for 50 ETH ($153k at the time of sale).
Most Expensive Sales NFT Karafuru
Most Expensive Sales of Karafuru NFTs

 

Where to buy Karafuru?

Currently, Karafuru can only be purchased on the secondary market like OpenSea, as well as on the official marketplace of the project.

 

How to buy Karafuru?

  1. Remember that initially you need to connect your crypto wallet with self-storage to the marketplace of your choice.
  2. Next, find the official collection using the search bar on the marketplace.
  3. Analyze and choose the NFT you want to buy; click on it and then on the “Buy” button.
  4. Or you can bet on the token you like. Make sure you leave enough ETH for gas or transaction fees. If the seller approves your bid, the deal goes through.

 

Should you invest in Karafuru?

Many beginners and professional crypto investors who have recently learned about Karafuru are wondering is it worth the risk or not. If you are among them, consider the following facts:

  • The Karafuru NFT project team aims not only to promote vibrant digital art, but also to ensure that NFT holders can get the most out of their assets in the form of royalties for third-party use of tokens, NFT trading on the marketplace, etc.
  • NFT holders have access to the Origins NFT analytics platform, a valuable resource for NFT trading.
  • Team’s partnership with big brands promises many pleasant surprises for the community members in the future.

In any case, do your own in-depth analysis and research when investing in NFTs, and then make your own decision.

 

Opinion of NFTMetria

The incredible success of the Karafuru collection was largely due to the artistic talents of its creators. As it turned out, each of them was no stranger to the entrepreneurial spirit. They managed to involve many loyal participants in the project, promising them real rewards for this. It is expected that the team will continue to delight the fans of the project with new goodies, and the value of Karafuru tokens will grow steadily.