Original source:old yuppie
Original source:
old yuppie
Last week, OpenSea, the largest NFT marketplace, announced that it will begin integrating Solana NFTs into its platform in April.
Here's a rundown of some of our favorite projects.
1. Solana Monkey Business
SMB
Solana Monkey Business Gen 2 is a collection of 5000 randomly generated pixel monkeys. You can think of them as a combination of Boring Apes Yacht Club and Crypto Punks PFPs, but cast on Solana. Essentially, if you are an SMB holder, you are basically considered to be crediting the Solana NFT royalties. As a holder, you gain access to MonkeDAO: the first official NFT DAO on Solana. This community runs its own nodes on the Solana blockchain and continues to make DAO history through its on-chain elections by meeting and providing unparalleled value to its project members.
2. DeGods
DEGODS
If you scrolled through SolanaNFT-related Twitter over the past month, it was almost impossible not to read about DeGods. This is mainly because there are more items in this collection than your average PFP item. If you are a holder, you can stake your NFT for $10 per day DUST - a utility token that will soon be integrated with Magic Eden, Solanart, the Metaverse Project, and Earning Games . The maximum supply of DUST is 33,300,000, the only way to mine DUST is by staking your DeGod or your DeadGod, only DeGod holders can layer these 1/1 pieces on their original NFT (without changing them metadata or the original rarity attribute) get an aesthetic upgrade. Additionally, if you have a Grim Reaper, you can earn triple the amount of DUST you get from a Grim Reaper.
3. Cets on Creck
CETS ON CRECK
Cets on Creck is a testament to the power of the arts and community. In an oversaturated market for animal PFP programs, this past March was a breakout month for this program, with floor prices reaching record highs of nearly 30 SOL. This is largely due to the project’s focus on branding and storytelling — who wouldn’t want to be part of a world of 6,969 cats whose owners just hang out, relax, and live together on the Solana blockchain.
4. Fearless Bulls
FEARLESS BULLS CLUB
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5. Enviro
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6. Hawksight
For Ethereum NFT holders, the concept of NFT day trading is almost laughable - gas fees incentivize holders to hodl like there is no tomorrow. However, with Solana's near-zero transaction fees, it's possible for holders to resell their jpegs much more quickly. This means owners of Solana NFTs need tools to help them make the most appropriate transactions. Enter Hawksight. If you own a Debonair Degen Hawk, you get access to AI-powered trading signals and NFT social signals, NFT staking rewards, rarity-based rewards when it comes to $HAWK, and access to HawkDAO and revenue sharing.
7. Thugbirdz
THUGBIRDZ
It is almost impossible to think of the Solana OG NFT project and not immediately think of Thugbirdz. The collection of 3,333 pixel birds, with rarity characteristics based on hue, face tattoos, type, sunglasses, earrings, hats, cigarettes, and more, is now being run by ThugDAO. Thugbirdz is definitely a project to watch, as the DAO is planning some exciting new developments in the coming months. Also, Anatoly Yakovenko (founder of Solana) and Wiz Khalifa are holders.
8. Mindfolk
MINDFOLK
Mindfolk is a unique collection of 777 PFPs tied together with beautiful art and intricate lore. The less than 1,000-plus collection count standard certainly pays off—at the time of writing, the floor price is 99 SOL. Additionally, holders have access to exclusive communities and tokens. Depending on what you hold — a carpenter, an untrained lumberjack, a trained lumberjack, or one of the seven legendary elders — you can earn different benefits from the project’s utility token, $WOOD. With this token, you can build your own cabin or boat in the Mindfolk universe.
9. Degenerative Ape Academy
DEGENERATIVE APE ACADEMY
secondary title"image description"on the principle. The project made history as Solana's first million-dollar NFT series.
10. Catalina Whale Mixer
CATALINA WHALE MIXER
secondary title"image description"Create things for all whales. It was created for those of you who refuse to live within the limits others have set for you, take risks, work hard, party hard, and live life to the fullest
11. fxhash
. The founders had big expectations for the project and have achieved quite a lot in just three months. They are in talks to develop an animated show based on the world of whales. Additionally, the characters in the series will be chosen from holders of the Catalina Whale Mixer Genesis Set.
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fxhash is an open platform to mint and collect generated NFTs on the energy efficient tezos blockchain. Once a token is enabled by an artist, anyone with a tezos wallet can mint their own unique iteration. Each iteration produces a work, which is stored on the tezos blockchain as an NFT. The idea of fxhash is simple: to provide a framework where generative artists can have a space where they can cast their work, designed to be generative. No planning, no refactoring.
related news:
Venture Capital Firms Up the Bets on Solana's Expanding NFT Ecosystem!
The greedy rise of NFTs as an asset class seems like a bubble that refuses to burst, at least for now. But the NFT market is continuing to attract investor attention, especially around opportunities that appear to be untapped by market leaders. In recent weeks, more and more attention has been focused on NFT opportunities in the Solana ecosystem.
"On Friday, Justin Kan’s crypto gaming marketplace Fractal, which hosts Solana-based NFTs, raised $35 million in a funding round co-led by Paradigm and Multicoin, with participation from Andreessen Horowitz, Animoca, Coinbase and Solana Labs. The round comes two weeks after Solana’s most popular native NFT storefront, Magic Eden, raised a $27 million round led by Paradigm, with additional funding from Sequoia Capital and others."Solana offers consumers low transaction fees and increased speed, and as the network courts developers and investors alike, it has become one of the more successful stories in the blockchain ecosystem in recent years. Many players see Layer 1 (L1) alternatives as a better hub for working with NFTs, which tend to be a substantial drag on the Ethereum network, resulting in high fees and latency across the network.
We started with Solana because we think it is the best user experience for users, gamers and game companies,
Kan told the media in an interview.
All the attention has attracted new investment in Solana NFT startups, but also competition from existing heavyweights. Last week, OpenSea said in a tweet that it would add support for the Solana blockchain in the coming weeks.
OpenSea remains the largest marketplace for NFT transactions. Its total deal volume has hit a record high, pushing the company to a $13.3 billion valuation -- but the startup still has a lot of work to do to establish widespread adoption of the technology among mainstream consumers. While the platform topped $2.5 billion in transaction volume over the past 30 days, those funds were spread across roughly 450,000 unique wallets — a major year-over-year increase for the platform, but a signal that Showing that the NFT market is still pretty isolated at this point. At the same time, Magic Eden's total transaction volume is only a small fraction of OpenSea's (Magic Eden has $41 million in transaction volume in the past month), but Magic Eden has 95,000 active traders during this period, which shows that despite the low average transaction volume much more, but user interest in the platform is on the rise."One of the biggest open questions is how to factor curation into the ongoing challenge of NFT marketplaces dealing with spam."In the past few years, OpenSea's profitability has largely relied on the fees associated with minting NFTs on Ethereum, and curation is also the main means of operation of this market. Over the past year, they have attempted to provide a
