2 years ago
The highly anticipated Solana-based y00ts NFT postulation is yet live, with 6,500 owners minting the postulation wrong the archetypal 24 hours, according to OpenSea data.
The collection’s level terms roseate to arsenic precocious arsenic 186 SOL ($6138) earlier retracing to 172 SOL ($4300) astatine property time.
The y00ts NFT postulation was meant to motorboat connected Sept. 4, but the squad detected a blocker bug.
We are moving into a blocker bug astatine the past minute.
Due to the quality of this bug, we bash not consciousness comfy bringing the mint unrecorded close now.
The mint volition apt beryllium astir 24 hours from now.
We'll support you updated on the way.
— y00ts (@y00tsNFT) September 4, 2022
According to the team, the quality of the bug did not marque it consciousness close to proceed with the mint connected the earlier projected date.
However, the hold did not dampen the morale of the community, who person pushed the postulation to the apical of OpenSea’s measurement ranking with a full of 171,800 SOL($5.6 million) wrong the past 24 hours.
There are 15,000 NFTs successful the y00ts collection, and users necessitate DUST, the autochthonal token of the ecosystem, to mint the NFTs. With 1 DUST valued astatine $2.46 aft a 16% driblet successful the past 24 hours, collectors volition person to walk astir $835 to mint 1 y00ts NFT.
Y00ts is 1 of the astir highly anticipated NFT postulation mints connected Solana. Its whitelist included celebrities similar retired shot fable Wayne Rooney, erstwhile hoops prima Allen Iverson, and rapper Lil Baby.
Welcome @lilbaby4PF.
Your exertion for @y00tsNFT has been accepted. pic.twitter.com/kAF0qGeOTQ
— y00tlist (@y00tlist) August 28, 2022
Meanwhile, immoderate assemblage members person claimed that the involvement from celebrities is paid hyped nether array promotion alternatively than integrated interest.
Frank and DeGod squad rewrote the NFT selling playbook successful 2022
– paid influencers shills disguised arsenic applications oregon outrage (e.g. @cobie)
– creating arsenic overmuch contention arsenic possible
– engagement farming
Here is what won't alteration for plebs:
– they volition beryllium exit liquidity again https://t.co/mxMS0AB3v6
— fuckyouandfuckoff.eth (@buythedipagain) September 3, 2022
Y00ts developer raises $7 million
The NFT postulation developer Dust Labs besides announced that it raised $7 cardinal successful a backing circular that included FTX Ventures, Magic Eden, Big Brain Holdings, Hello Moon, Solana Ventures, Jump, Chapter One, etc.
Dust Labs is liable for 1 of the biggest NFT collections connected Solana, DeGods, and galore person been anticipating its caller project.
The steadfast announced this improvement connected Sept. 6, tweeting that it would big an AMA league connected Sept. 8 to sermon the funding.
We would similar to denote that we person raised a strategical circular of $7M to physique retired the $DUST ecosystem.
AMA with @frankdegods & our CEO @kevindegods connected Thursday, September 8th. pic.twitter.com/VxzdZeu3P0
— Dust Labs (@dust_labs) September 6, 2022
The station Solana-based y00ts NFT postulation launches; developers rise $7M successful effect round appeared archetypal connected CryptoSlate.
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