I’ve been wanting to find an NFT project that I could be part of to learn and see first-hand what these are like. I wanted to find a project that was fun. I wanted something where the NFT appealed to me on its own. I wanted something that was affordable. I also was curious to have it not be on Ethereum, preferably Polygon or Solana. When I found the Angry Bunny Club it checked all the boxes.
The initial minting was over but Magic Eden is the official marketplace for Angry Bunny Club and there were a number of bunnies listed for 0.25 to 0.3 SOL. I got a couple, then a couple more, and now I have six. I had to get a Santa one. 🎅
Like many NFT projects, the Angry Bunny Club is creating a number of different expereinces from these Bunnies, and then the community shares in the proceeds from those activities. They are working on some casual games that will feature the bunnies. There is also discussion of some publishing projects. 50% of the proceeds from those projects go back to Bunny owners.
They also distribute 50% of the resale fee from Bunny sales to holders on a weekly basis. This week that was 0.006 SOL for 6 bunnies. If that rate stayed the same it is 0.312 SOL a year. The purchase cost of the six Bunnies I have is 1.8 SOL. So if that stays flat that would be a 17% return. It is interesting to see these mechanics and to have an Airdrop land in your wallet each week.
Like nearly all of these projects it also has a Discord server, along with some channels that are only available to people with Bunnies in their wallet. There is a feeling of being in a club with others.
This is all learning for me. I picked this project because I think the NFTs themselves are fun, and the learning is just upside. 🐰