Project Senpai—with anime senpai in it—which is present in Japan, has helped bring Non-Fungible Token (NFT) into the realm of pop culture. In this project, a cryptocurrency asset form was introduced into the mix by creating a chibi-style NFT with anime characters.
Basically, anime as a form of Japanese animation is a popular form of entertainment all over the world. The existence of anime, through Project Senpai, has also made many fans jump into the crypto ecosystem. This makes them now dominate the market share in the global animation market.
Nowadays, with its high popularity, the demand for Anime collections has increased drastically. Thus, the adoption of NFT in this one project is considered to have created the next wave of hype for NFT globally.
Previously, NFT itself had successfully boomed in the fields of technology and art. As for the realm of pop culture, there are names JYP and SM Entertainment who are part of the parties that have joined and released their NFT, which is in the form of K-Pop.
For information, senpai anime itself is an anime genre that was then chosen as the starting point for this project called Project Senpai. So, what exactly is Project Senpai?
Senpai Anime: What is Project Senpai?
Project Senpai is a project that designs an attractive NFT-based economy around pop culture. On this fun platform, the community can create their own collection of NFT collections. Later, if the collection is popular enough, community members can trade the NFT for profit.
This one project is also equipped with a number of Decentralized Finance (DeFi) features and it stands on the Ethereum blockchain. As such, the ecosystem will include an ERC20 utility token called SENPAI, while the second token will be KOHAI.
Initially, this project started as a collection of concepts and ideas in January 2020 ago, and then the first NFT was finally sold in March last year. At the same time, its utility token, SENPAI, was also created, then sold, and listed on the Uniswap, Coinmarketcap, and Coinpaprika platforms. A month later, SENPAI was listed on Coingecko.
How to Get, Collect and Trade Project Senpai Anime
The uniqueness of Project Senpai is that all NFT designs and collectible watercolors made by the developer are handcrafted. In addition, NFT is also available in limited quantities.
The collection of NFT cards that are currently printed, in terms of their rarity, can be classified into four (4) categories. The categories are Bronze (50 mint), Silver (25 mint), Gold (5 mint), and Black which is coveted with just one 1 mint.
On the other hand, to create each collection that will later be offered to SENPAI token holders and also be listed on the OpenSea NFT market, Project Senpai takes up to two to one month.
It is known that Project Senpai is also planning to introduce a special “Limited” design NFT, which signifies certain events that can be won through contests or by exchanging other eligible NFT collections.
Meanwhile, all NFT collections published by Project Senpai will have a fixed base price. Then, any price changes during open market transactions will be driven by demand and remain above the pegged price.
It should also be noted that there is actually no shortage of prizes in this project. The reason is that the NFT issued by the project will be part of one or several collections. Users who collect different cards to complete their collection and exchange them on the platform will receive a Limited NFT collection, which will be very rare and can be very valuable.
Another way, if you want to get rewards in this ecosystem, is farming NFT using $SENPAI. Here, participants will get NFT TGC rewards or by staking $SENPAI to receive $KOHAI tokens as rewards. Later, the secondary $KOHAI tokens can be used to buy certain $KOHAI special NFTS.
In addition, holders of $SENPAI tokens also get the opportunity to be part of the membership-only Club Senpai—the exclusive Project Senpai community with access to events to see their favorite waifu cosplay, select cryptocurrencies and win NFT limited events. Furthermore, Club Senpai members also receive a unique collection of NFTs that are not available on the open market or through other reward programs.
At least, there are three things that can be done with SENPAI token, namely as follows.
Here, members will later get incentives to hold each SENPAI token and support this project ecosystem. Stakers will receive freshly minted KOHAI tokens.
NFT trading card games
In this case, you will get SENPAI by farming using SENPAI tokens.
Holding SENPAI tokens
In this regard, SENPAI token holders will have the opportunity to get a SENPAI holding token reward in the future after the project continues to grow. The SENPAI holding will consist of KOHAI and ETH tokens—which are earned only from the purchase of NFT KOHAI—as well as a percentage of the fees earned from selling the NFT marketplace on NFT OpenSea.