This article takes stock of the top 10 NFT blue-chip projects on Solana
Foresight News
2022-04-12 08:03
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​What are the noteworthy NFT projects on Solana?

Author: Karen

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Volume comparison between OpenSea and Magic Eden on Solana, source: Dune Analytics

Take Solana’s Magic Eden, which accounts for more than 90% of the market, as of mid-March, Magic Eden has achieved a secondary market turnover of US$1 billion in just half a year, and has launched a total of more than 4,000 collectible series. Cumulative users also exceeded 560,000.

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Aurory

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Aurory is a Solana-based P2E table game that previously released the NFT project Aurorians and the in-game token AURY. As of early March, the Aurory team has a total of 49 people. Some members of the team have previously worked in companies such as Ubisoft and Electronic Arts. The consultants include Tristan Yver, director of strategy at FTX.US, and Darren Lau, founder of The Daily Ape.

According to official disclosures, Aurory's investors include Solana, Alameda Research, Animoca Brands, etc.

Aurorians is not just a PFP project, but also has some other utilities in the game, including game identity, early game access, accelerated game rewards, in-game NFT airdrops, land sale priority purchase, control community DAO, etc.

Aurory previously stated that it would allocate 10% of Aurorians' initial sales fees to DAOrory, with the initial goal of reinvesting in Solana-based NFT projects. In addition, Aurorians need to pay a 5% royalty fee when reselling, 65% of which will go to the internal treasury to continue to build the team and expand the project, and 35% will go to the DAO treasury.

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ASTRALS

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ASTRALS is a collection of 10,000 unique 3D avatars with 200 traits and 16 races created by artist Damien Guimoneau. ASTRALS mainly includes a decentralized autonomous organization (DAO) for incubating innovative projects and a role-playing game. According to the official website, ASTRALS partners include Solana Labs, Magic Eden, etc.

ASTRALS initially sold 20,000 NFTs at a price of 2 SOL, 30% of which went to ASTRALS’ Galaxy Treasury, 30% to the team, 5% to developers, 30% to artists, and 2.5% to SHARD/USDC liquidity Pool, another 2.5% will be donated to charity. Of the 8% royalties, the team, artist, DAO treasury, and liquidity pool each get 1/4.

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Cets on Creck

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DeGods

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DeGods is also a PFP project with an initial total of 10,000 pieces, but this is a deflationary NFT project. In the DeGods ecosystem, DeGod holders can choose to destroy DeGod to obtain DUST tokens. The higher the rarity, the more DUST tokens they will get. The entire series of DeGods can destroy at most one a day, and the one with the lowest rarity will be selected for destruction, which means that the rarity level of the existing DeGods NFT will only get higher and higher. This rarity feature is also reflected in DeGods' motto "Commons will be rare".

In addition, DeGods allows users to pledge DeGods NFT to mint DUST tokens. One DeGods can mint 10 DUST tokens per day, and one DeadGods can mint 30 DUST tokens per day. Currently, the total amount of DeGods pledged is 5160, accounting for more than half (54.5%) of the total number of existing DeGods. DeadGods is a variation of DeGods. DeGods holders can spend 1,000 SOL to change the metadata of DeGod to become DeadGods. However, this process can be switched at any time.

The total amount of DUST is 33.3 million, and the initial supply is zero. It can only be produced through pledge, and there will be three halving periods for pledge rewards. Token utilities include DeadGods mutations, auctions, raffles, and pending P2E and PVP games, among others. DeGods stated in the official document that an independent new series will be released later, which can only be cast in DUST.

route maproute map, DeGods is building an ecosystem that can use DUST to buy, sell, and mint blue-chip NFTs, as well as integrating DUST with NFT marketplaces Magic Eden and SolanArt, as well as P2E/P2P games and Metaverse projects.

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Degenerate Ape Academy

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The Degenerate Ape Academy is a series of 10,000 apes. The minting time was August 14, 2021. The minting price was 6 SOL (approximately US$240 at the time), and the floor price at the time of writing was 84 SOL. The total transaction volume exceeded 380,000 pieces.

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Portals

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Portals is a Metaverse project. In February this year, it completed a $5 million seed round led by Greylock, with participation from Multicoin Capital, Solana Ventures, Foundation Capital, Alameda Research, and Sino Global Capital.

Portals hopes to build a metaverse city on Solana, and 5,000 Portals NFT (Ivory, Onyx or Vision cards) holders can enter the downtown area in advance, where they can explore, visit Building One units, play games, collect new items, etc. Additionally, Portals allow for the customization of immersive virtual spaces and experiences such as homes, offices, gaming experiences, or downtown storefronts through simple building tools and built-in communication capabilities.

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Solana Monkey Business

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Solana Monkey Business (SMB) Gen2 is a collection of 5000 unique 24x24 generated pixel monkeys with metadata stored on Arweave. The SMB Gen2 minting price was 2 SOL (worth 69 USDC at the time).

The total sales volume of SMB Gen2 in Solana Monkey Business's own NFT market has exceeded 1 million SOL at the end of last month, and the current floor price is 233 ETH.

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Shadowy Super Coder DAO

Shadowy Super Coder DAO was launched by GenesysGo, the Solana infrastructure service provider, with a total of 10,000, and its features include clothing, backgrounds, desktops, and thousands of different display screen combinations.

GenesysGo is an infrastructure provider for building, configuring and maintaining RPC servers and validator nodes on Solana. GenesysGo linearly airdrops 10,000 Shadow Protocol tokens SHDW for each NFT (released in one year after pledge), and the airdrop accounts for half of the total tokens (200 million). In addition, more than 12 consecutive pledges will be made Monthly NFT stakers are rewarded with an additional portion of tokens.

Shadow Protocol builds a token use case very similar to Arweave or Filecoin, Shadow Drive users can choose to store their data permanently and pay a one-time fee, or store their data in a way similar to cloud storage and pay a monthly storage fee .

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SolPunks

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SOLgods

SOLgods is a PFP project with works inspired by the Greek surrealist artist Giorgio de Chirico, with a total of 6666 pieces. The project plans to build a Web3 brand called The Fracture, and two additional series, The Bridged and The Forgotten, will be airdropped to SOLgods holders.

[Disclaimer] There are risks in the market, and investment needs to be cautious. This article does not constitute investment advice, and users should consider whether any opinions, views or conclusions in this article are suitable for their particular situation. Invest accordingly at your own risk.

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