Yoots, The Most Hyped upcoming NFT Mint in Solana
- y00ts, originally called Duppies, is currently one of the most hyped coins in Solana.
- There will be 15,000 y00ts in circulation and the price of the coin is $375 DUST, equivalent to $1,061.25 according to the current DUST price.
- y00ts originates from the creators of DeGods, one of the biggest NFT projects in Solana at the moment.
- To be whitelisted, you must either apply for a scholarship or own a Deadgod. Current floor price for Deadgods is $550 SOL.
y00ts is an upcoming collection on the Solana blockchain created by the creators of DeGods.
DeGods is one of the more successful Solana projects by far, trading top 10 on the OpenSea ranking for several weeks and becoming a genuine competitor to other bluechip ETH NFT projects.
Frank & co, the team behind DeGods, are very well known in the community, and deservedly so, as the team has come up with creative ways to engage their audience and introduce new incentives to invest in their projects while delivering value.
Instead of the usual whitelist lottery process, the team behind y00ts and DeGods have introduced a creative scholarship process where individuals apply to join the whitelist via their official scholarship website. All new members who pass these qualifications are then publicly announced on Twitter on y00tlist’s official account. This is a brilliant marketing tactic, as most of these posts have been shared thousands of times across social media. While applications are now closed, the project has lured some accounts with significant influence in the crypto world to join the project and post all about it on social media. This has accelerated the hype in the project.
Wen Mint?
According to Magic Eden, the project is set to arrive on Sunday at 2pm PST, although it could likely be delayed.
The price of the coin is 375 $DUST, equivalent to $1061.25 according to the current DUST price of Raydium. There will be 15,000 y000ts, with around 10,000 awarded to DeadGod holders and others hand-picked by the team through these “scholarships.”
What is y00ts?
y00ts is an NFT collection that aims to provide a “common sense approach to NFT intellectual property rights.” It is based on the idea that each project should have its own IP registry to easily track who is authorized to use NFT’s IP. DeGods is experimenting with this model using y00ts. According to their whitepaper, the following will happen:
- The team will create “y00ts st0re” for artists to submit their custom versions of properties.
- Artists will own the IP of their work and collect a % of royalties
- Holders can purchase the community-created properties from the store.
- Holders may only apply one custom attribute to their NFTs per month.
- The custom properties cannot change the shape/size/name of the property.
- A t-shirt cannot be changed to a coat (also must remain the same size)
- Will not change the metadata
- Community members can create and officially register sub-communities/sub-DAOs
- They may charge $SOL for entry
- Collect a % of royalties on all sales for your subcommunity
How to buy dust if you have been whitelisted?
Like the original NFT token of DeGods, dust can be generated by staking a DeGod or DeadGod NFT. If you don’t have a DeGod NFT, rest assured that there are other ways to buy Dust on the secondary market.
To buy Dust you need to use a Solana decentralized exchange like Raydium or Jupiter Aggregator.
First, you need to connect the Solana Phantom Wallet to the Raydium or Jupiter website, and then you need to enter the DUST token address in the “Receive” section.
Confirm the amount of $Dust you wish to receive and voila, you should have it in your wallet.