Kanpai Pandas (YKPS) Price

What Is the Kanpai Pandas NFT Collection?

Kanpai Pandas is a collection of 10,000 unique pfpNFTs featuring Japanese hand-drawn cartoon pandas which can be found across various chains. In collaboration with LayerZero, the Kanpai Pandas team has developed a cross-chain transfer portal that allows the NFTs to be transferred across 8 different chains – Ethereum, BNB, Polygon, AVAX, Fantom, Arbitrum, Optimism, and Solana. 

The Pandas are also fully customizable and holders are able to hide or add new traits to their own NFTs. This also means that the NFTs have a dynamic ranking system and the Pandas will be able to alter their rarity, based on the traits that the NFT has equipped. 

Who Is the Team Behind Kanpai Pandas?

Launched in April 2022, the Kanpai Pandas NFT collection was created by the team at Kanpai Labs, who have all chosen to go by their respective pseudonyms and remain anonymous. 

The core team at Kanpai Pandas consists of 7 individuals – Ice Bagz, Saidseven, B Memelord, David Nam, Mindo, Vin, and GG. The CEO of Kanpai Panda, Ice Bagz, is an entrepreneur who focuses on cryptocurrency projects and has 15 years of experience in growing and managing teams. The rest of the team comes from diverse backgrounds, with experience ranging from marketing, operations, engineering, and campaign management.

What Is the Utility of the Kanpai Pandas Collection?

Other than being collectables, Kanpai Pandas NFT holders are also granted an exclusive ‘golden ticket’ and club access. This gives Panda holders access to high-profile events such as concerts, sports events, networking events, meet-and-greets with celebrities, poker tournaments, and much more. 

In 2023 alone, the Kanpai Pandas team has already more than 40 events lined up for their holders. This includes real-world events like access to a suite in the Allegiant Stadium for Beyonce’s Renaissance World Tour in Las Vegas. 

In addition to access to exclusive events, the Kanpai team has also teased the release of new artwork collections, exclusive merchandise and airdrops for Kanpai Pandas NFT holders. 

The Kanpai Pandas Ecosystem

Other than the original collection, the team has also released another NFT collection titled Kanpai Pandas Infinity Collection. Kanpai Pandas Infinity is a collection of 250 unique NFTs that was an exclusive mint for Kanpai Pandas holders who accumulated 1 Panda on each of the 6 chains – Ethereum, BNB, AVAX, Arbitrum, Polygon, and Optimism. 

While the Kanpai Pandas Infinity collection still retains resemblance to the original collection, the collection has their own set of unique traits – such as brighter and more dynamic backgrounds, and a custom soundtrack. 

The project also has its own proprietary point system, Panda Points, where users can earn points depending on the NFT’s rarity score. These points can then be used to purchase new traits from the Panda Lab marketplace, and overall increase the rarity of their Panda NFT. Holders can also spend their points within their own in-app games like Kanpai Casino, Kanpai Gaming, or spend their points to join bounties and raffles within the Panda Points DEX. 

In 2022, the team also launched their ‘Fantasy Sports’ initiative, where holders are able to compete in online games like World Cup Fantasy or Fantasy NFL during the seasons. The winners of these Fantasy games were awarded prizes like Super Bowl tickets, cash, and Panda NFTs. 

Moving forward, the Kanpai Pandas team is currently working on making retail products, a comic/ animation series, and more ways to reach the non-native crypto users.