Following the minting of Cambria Genesis’ Charters NFTs, trading has been brisk.
The collection is split into 512 Viceroys NFTs and 3,584 Citizens, with a total volume of $236,000 across 1,250 sales. Currently, there are around 1,270 wallets owning NFTs, with over 320 NFTs listed for sale.
As expected in these situations, there’s been considerable post-mint flipping. The Citizen floor has dropped 63% in one day, down to around $155. But Viceroys have traded very differently. Their current floor is about $930, and liquidity is thinner.
The anticipated role of these NFTs in Cambria Genesis explains the difference. The game will be a persistent MMORPG economy in which players purchase Energy with USDC, venture into dangerous zones, gather resources and artifacts, trade or manufacture goods, and return with Gold representing a claim on the game’s risk pool.
According to Cambria’s official Genesis material, ordinary players will be able to participate without a Charter, but a Charter will be required to unlock the full earning layer.
Proposed Charter benefits include:
- Higher limits for scaling economic risk and rewards.
- Access to tier-four-and-above regions, the Outlands and sovereignty gameplay.
- Eligibility for tradeable NFT loot and scarce game assets.
- Earning Royal Favor, which is expected to convert into the forthcoming $RSGP token.
- Deploying or staking Charters in “Venues,” such as adventuring operations or merchant fleets, for potential yield.
- Delegating temporary citizenship to another player.
- Participating in future Charter issuance.
Charter traits may also carry utility. A Home City is expected to grant local privileges and responsibilities, while role affinities may affect a player’s power ceiling in specialities such as smithing or combat. Founding Charters receive exclusive early access to Royal Favor and retain permanent Voyage I provenance.
Viceroys holders receive all Citizen rights plus the stated privileges and responsibilities of a Crown-appointed administrator. Cambria has not yet specified every economic advantage attached to that position, so buyers should not assume a guaranteed yield multiplier.
Overall, Citizens are undergoing aggressive price discovery, while Viceroys are being treated as the premium operational tier. The utility case appears substantial, but much of it remains dependent on the success of Genesis, its treasury system and $RSGP launching as proposed. To-date, no firm token or mainnet date has yet been announced.
You can see how the NFTs continue to trade via OpenSea.