PROOF Pass to end in 2025, holders to become Moonbirds Elders with Boosters

03/03/2023 03:19 • AI & Tech Insights • 86 views

On March 3, according to the NFT project Moonbirds disclosed on social media, Kevin Rose and Justin Mezzell, the co-founders of PROOF, said in the latest live broadcast that the PROOF pass will end on January 1, 2025. At that time, the current holder will become Moonbirds Elders (this is a tentative name), and they will have “boosters” to obtain exclusive rights in future activities such as obtaining exclusive token launch. As for the potential token issuance, Kevin Rose said that it is currently under active development. He stressed that the tokens launched in the future must be able to support the PROOF ecosystem.

PROOF co-creation: Tokens are being actively developed. Pass holders will be converted to Moonbirds Elders after 2025

Interpretation of the news:

The NFT project Moonbirds recently disclosed on social media that PROOF Pass, created by co-founders Kevin Rose and Justin Mezzell, will be ending on January 1, 2025. Current holders of the PROOF Pass will be given a new status as Moonbirds Elders, with the provision of exclusive rights to participate in future activities through “boosters.” The boosters they receive will enable them with exclusive privileges such as obtaining exclusive token launch. The tentative name for the status shift to “Moonbirds Elders” indicates the project’s desire to allow the community to have more control over the project’s future fortunes.

In addition, Kevin Rose, one of the co-founders, mentioned that they are working on potential token issuance. There is an expectation that the tokens launched in the future will be able to support the PROOF ecosystem, which aligns with the project’s vision of creating a well-functioning and innovative metaverse.

The announcement of the end of the PROOF Pass is significant as it displays the Moonbirds team is looking towards the future of their project. By giving current holders a role as Moonbirds Elders, the project is creating a sense of ownership within the community, which can further strengthen its position in the NFT space. The boosters provided to holders will enhance the exclusivity of the ecosystem and elevate the status of the community. It is a sound business strategy as it cultivates a loyal and engaged community by providing them with tangible benefits.

The development of their token issuance is an added advantage. Although the project has stated that it is under “active development,” the clarity on how the tokens will support the ecosystem and Moonbirds’ future remains unknown. Implementing tokens aligned with their ecosystem focus will not only support their NFT vision but will also add value to their token holders.

In conclusion, Moonbirds’ announcement of the end of the PROOF Pass and the inclusion of Moonbirds Elders is a bold step. It is a testament to the project’s desire to create an ecosystem that is community-driven and exclusive. Their plan to develop tokens that support the ecosystem is a positive sign of future growth. The move serves as a foundation to foster a loyal, engaged, and mutually beneficial community.

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