Crypto Bull Society: What’s It About?
The NFT space offers many interesting projects, the Crypto Bulls Society is one of them, offering collectors bulls and bears.
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The crypto-verse attracts many different individuals. Some are big believers in the future of crypto. Others believe it is a scam.
In this article, we will introduce you to those who belong to the group that thinks that crypto is the next big thing: the Crypto Bull Society.
Let’s take a closer look at what this beast is all about.
Bulls vs bears
For those who are new to the game, a brief explanation should be made to help differentiate between the terms “bulls” and bears”.
In the financial domain, these animals refer to two types of market sentiments either of an individual asset or the market as a whole. Those who believe that the stocks will rise in price and the market will grow are the bulls.
And those who think directly the opposite are the bears, with the bear market referring to a decline in stock prices, usually for at least several months.
The adjectives “bullish” and “bearish” are therefore used to describe a sentiment that is either positive regarding the market (feeling “bullish”) or the opposite (feeling “bearish”), serving as shortcuts for investors to understand what to expect from the market.
These terms are likewise commonly used in the cryptomarket, with headlines often saying that “an investor is feeling bullish” (especially if that investor is Michael Saylor).
The Crypto Bull Society
As per its own description, the Crypto Bull Society “is an exclusive membership group of like-minded individuals who are bullish on the future of crypto” with a mission “to increase the Gross Domestic Product of Web 3.0.”
“The Society provides access to exclusive content, events, collaborations and professional networks of investors, collectors, educators, traders, developers and crypto enthusiasts, who are leading, innovating and sponsoring the decentralized future of technology and finance,” the message on the society’s website reads.
The CBS also has a dedicated Twitter handle with a bio that says, “Fashion. Culture. Metaverse” where it shares the latest updates and shows the acquisitions of NFTs by different crypto lovers worldwide.
The CBS promises to give access to exclusive merchandise designed by the highest caliber designers and “to amplify our current experiences and expand the brand to the most attentive, and future developed spaces.”
So, what do you need to become part of it?
In order to become part of CBS, you either need to buy a crypto bull or a crypto bear non-fungible token (NFT), some of which are available on the OpenSea platform.
The cheapest NFT among the crypto bulls costs 0.1649 ETH press-time, which roughly equals $255.25. Meanwhile, the costliest one is sold for a whopping 9,999
ETH, around $15,491,950.65, and is said to contain very unique features compared to others.
Crypto bears, however, are much less pricey. Available on the OpenSea platform too, the cheapest one among them costs just $65. The most expensive one though will require you to be a millionaire as a rare crypto bear costs 1,796 ETH or $2,782,632.
According to the company, its NFTs are owned in different parts of the world, including the U.S, Europe, Latin America, Australia, New Zealand, and more.
Other similar projects
CBS is one of the many NFT-related projects on the market.
In our previous articles, we provided an overview of both the most expensive and cheapest NFTs on the market.
Check out the articles by clicking the hyperlinks, do your research, choose an option that works for you.
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