By Jason Craft Last updated Mar 12, 2024

Lucky Elephant NFT – what you should know about it?

Have you ever heard of Lucky elephant NFT in the spotlight among crypto enthusiasts lately? Are you keen on learning more about the hottest non-fungible tokens you should consider investing in? If so, you’d be thrilled to know more about the lucky elephant NFT that everyone seems to get nuts for!

First of all, we are all aware of the fact that Non-Fungible Tokens have drawn the attention of many tech-savvies, art lovers, and crypto maniacs during the last couple of years. Their incredible increase in popularity in the past has become evident to ordinary people who have not had contact with this fast-growing industry.

Many crypto devotees are interested in knowing how to buy a lucky elephant NFT and get more information regarding it. However, before we give you the proper explanation about it, let’s get to know what Non-Fungible Token means, shall we?

What is a Non-Fungible Token exactly?

Although it has been repeated many times so far, many beginners in the crypto industry are still unaware of what NFT, or Non-Fungible Token, actually means. First of all, it is a non-interchangeable unit of data stored on a digital ledger called Blockchain technology.

NFTs are different from cryptocurrencies that are fungible. They are usually associated with digital files such as video, audio, photo, gifs, memes, tweets and other physical assets such as real estate. What NFTs provide to owners are proof of ownership and a public certificate of authenticity.

Many creators, artists, and art admirers adore NFTs because it is considered a fantastic payment method, excluding intermediaries. It means that creators can earn 100% of the Price for their NFT art, while fans can support their favorite artists directly in this manner.

How to mint your NFT?

If you are interested in minting your Non-Fungible token, we advise you to follow these instructions:

Open a crypto wallet and connect it to the NFT marketplace to get started.
Create your first item. Upload your digital file and give your NFT a proper name.
Assure that your wallet is funded with some crypto, preferably Ethereum.
List your Non-Fungible Token for sale on the open market. Pick a type of preferred sale.
Keep control over your NFT business by engaging with potential customers.

Even though some digital creators might be making a lot of profit and easy money by creating their Non-Fungible Tokens, it’s still early days for this movement. However, the ability to passively monetize work even much after the original sale is considered a real game-changer for numerous content producers, musicians, artists, video developers, etc.

However, remember that minting or selling NFTs isn’t a quick scheme for getting rich. It will take some time and upfront costs to sell your digital assets in this matter. But, it is a promising field, and it will and already is reshaping the way creators get paid. It’s recommended for digital artists and entrepreneurs to explore the world of NFTs more!

So, what about the lucky elephant NFT price and story in general? Let’s find out more about this particular NFT that all seem to adore!

Get to know the Lucky Elephant NFT.

Now that you’ve got the complete picture of what NFT represents, it’s time to get to know the one example in the spotlight these days. Lucky Elephant NFT represents a non-fungible token collection of digital artwork stored on Blockchain technology. It was first minted on November 20, 2021.

The collection consists of 1,080 lucky elephants who only adore living their own lives on their terms. Some of these elephants are considered cute and cool, while others are pretty scary. But what all these elephants have in common is that they giggle once someone says that money cannot buy happiness.

These elephants are a part of the Lucky Elephant NFT Club. Currently, 623 owners possess at least one lucky elephant NFT in their wallets. The last elephant was sold for $38 in May 2022, and it was Lucky Elephant #349. It was the only elephant sold in the past 30 days.

Why is everyone obsessed with the Lucky Elephant NFT Collection?

Almost the entire crypto community got obsessed with this fantastic collection, but the main question is – why? First of all, the Lucky Elephant NFT Club is set to acquire the whole NFT space with their unique creations and marvelous artwork.

It’s no surprise that the best artists have worked on this popular project. Fans expect these professional artists to bring the best of their digital artwork and provide the most authentic, beautiful, and rare creations known as the Lucky Elephant NFT Club. The future of this collection seems to be bright for crypto devotees.

What can early buyers of Lucky Elephant NFT expect?

Early buyers of this famous collection may expect to get multiple prize-winning opportunities. The Lucky Elephant NFT Club will be giving away to early customers $1,000,000 in cash and $250,000 worth of their Non-Fungible Tokens.

Since the Lucky Elephant decided to skyrocket this industry to its highest highs, it’s an excellent time for crypto enthusiasts and everyone else to consider getting into the world of NFTs. This particular offer will be a once in a lifetime opportunity, so we recommend you hurry up!

Lucky Elephant Club NFT Statistics

At the time of writing, the statistics of the Lucky Elephant NFT Club are as follows:

NFTs sold: 1
Trading Volume: $38
Average Price: $38
Floor Price: Ξ0.03
Total Supply: 1,080
Owners: 623
Top Seller: Lucky Elephant #349
Market Capitalization: $42,625

How to buy Lucky Elephant NFT?

If you were wondering how to buy Lucky Elephant Non-Fungible Token, we advise you to go to the OpenSea marketplace. It’s known as the most extensive digital marketplace for digital collectibles and NFTs. You are able to buy, sell, and explore numerous exclusive digital items.

To buy an NFT on this particular platform, here is what you need to do:

Open your browser and type the OpenSea marketplace.
Explore the platform in order to find your preferred NFT. In this case, it is one from the Lucky Elephant NFT collection.
Once you have found the desired NFT, you can “make an offer” or directly “Buy Now” button.
After doing so, it is required to agree to the terms and conditions and click the “Checkout” button. Remember that the MetaMask extension will likely drop down, allowing users to see their purchase price.

Besides OpenSea, you can also make your purchase on other platforms such as LooksRare, genie.XYZ, gem.XYZ.

Key Takeaways about Lucky Elephant NFT

The Lucky Elephant Club refers to a collection of 10,000 elephants that enjoy life to its fullest. They believe money can buy happiness. You may find cute, cool, and even scary examples of it.
This particular NFT was first minted on November 20, 2021.
So far, 196 unique trait parts for Lucky Elephant Club have been indexed on icy tools.
At the moment, approximately 1,079 Lucky Elephant tokens are in circulation, not being minted yet.
According to icy tools, they have recorded 285 sales for Lucky Elephant NFT club across all platforms such as OpenSea, LooksRare, Gem.XYZ, and Genie.
The market cap of this NFT is based on a floor price of Ξ 0.01 and a circulating supply of 1,079. It is expected that the market cap of Lucky Elephant would be $21,293 at an Eth price of $1,973.

Why are NFTs so beneficial to artists?

We are convinced of the enormous potential this collection has in the near future. To this day, the NFT technology has become famous for its $69 million in digital art. However, its myriad practical uses will significantly change the whole world and the industry. These tokens provide accessibility and transparency to the world of art like never before.

NFTs ensure musicians, artists, and other creators get fair compensation for their work. In addition to that, NFTs provide creators control over distribution and publishing avenues, clearly eliminating the need for intermediaries and agents. Tracing the distribution of creators’ material will now be easier with NFTs.

These digital tokens are set to redefine how humankind consumes content. By minting artists’ creations into NFTs, artists are able to sell or retain ownership of it from the early start. If the NFT sells, the artists will instantly get royalties for each sale. Remember that the record of ownership stored in the NFT’s metadata makes it so revolutionary!

What is the future for NFT art in general?

However, many crypto and tech enthusiasts are particularly interested in the future of Non-Fungible Tokens and digital art together. Is it bright? What exactly do experts predict regarding NFT art in general?

As we happen to see, the NFT art is rapidly changing how artists and content creators are paid. Also, it is revolutionizing the way NT artists are able to create new projects, work and take ownership of their artwork. According to Google Trends Data, the global interest for Non-Fungible Tokens rose by 426 per cent. People seem to show a lot of interest in purchasing their own NFTs.

Experts in this industry are convinced that this trend will continue. The Lucky Elephant NFT is just one valuable and popular Non-Fungible Token you may consider keeping in your wallet and collection!