Solana NFT Tokenomics Community projects

Introduction

The great NFT success in the last years has led to the creation of numerous Tokenomics Community projects and collections that are run and traded on different platforms.

A major platform in this space is Solana, which is hosting many projects. Here you find 3 community projects with different tokenomics.

DeGods

DeGods is a Solana-based deflationary collection composed of 10,000 virtual gods showcasing artistry with their creative outfits and eye colors. 

The DUST token powers the entire DeGods ecosystem. 

After purchasing a DeGod, a holder can join the collection’s holders-exclusive Discord community and gain access to DeDAO channels.

Holders can turn their DeGod into a ‘DeadGod’ by minting a special mixture called ”StarDust” for 1000 DUST tokens. 

DeadGods will not inflate the collection’s supply because DeGods and DeadGods are a unique entity. Holders who acquire a DeadGod will not have a new, separate NFT, but just another version of their DeGod. 

Holders can burn their DeGods and therefore eliminate them from the circulation. This can help increase the value of the entire DeGods collection. 

By burning a DeGod with a DeadGod, holders can acquire double DUST tokens, compared when burning a DeGod alone. 

The following rules apply:

• Every DeGod has the ability to mine 10 $DUST per day. The only way a DeGod can mine $DUST is via staking. 
• Every DeadGod has the ability to mine 30 $DUST per day. The only way a DeadGod can mine $DUST is via staking. 

DeDAO is the collection’s own DAO. The DeGods marketplace fee of 9.99% funds it; in fact, 6.66% of this fee goes straight to the DeDAO, while the remaining 3.33% goes to the DeGods’ core team. 

Grim Syndicate

It is an NFT-based storytelling brand with creative experiences based on community engagement, gaming, and traditional media.

Grim Syndicate offer a collection of 10,000 unique, generative reaper agent NFTs minted on the Solana Blockchain. The company launched the10K NFT mint on October 1, 2021. During the launch all Grims underwent a mass sellout. Mint price was 1.5 SOL.

The Grims, the reaper agents, shepherd souls into the Ethereal Realm. And they work on bringing home $ASTRA, the currency of the Grim universe.

The Grims are both a pass into the community, as well as, the mean to enter a multitude  of upcoming experiences.

Some Grims are now available for purchase on the secondary market.

Purchase a Grim NFT, will give you access to a high-resolution PNG version of the artwork (sized at 2880 x 2880) and access to download an SVG (fully scalable, non-pixelated vectors).

Two grim-based projects are so far available:

Lordrym, the God of curiosity and innovation

Among the Astrals, Lordrym was a God of both curiousity and innovation, assisting mortals in their quest for knowledge and bringing about great strides for evolution.

To further sate his desire for discovery, Lordrym created a workshop in a pocket universe called Akrhana.

Banised for delving into the world of Old Magick, Lordrym returned, opening his workshop of wonders to the Grims.

The Grims struck a deal with Lordrym to bring  Astral precious materials from across the cosmos.

Grims from the original collection produce ingredients and resources useful in Lordrym’s Crafting Workshop. Ingredient drops will occur randomly.

The astral ingredients collected by the Grims will formulate recipes used in the Crafting Workshop to enhance Daemons. These precious materials come in varying rarities.

Grims are the crafters who are able to bring and use ingredients in the workshop. 

You have a chance of receiving an ingredient in airdrops if you have unlisted Grims in your wallet. You can also purchase ingredients on the secondary market.

Daemons, the Lurkers of the Abyss

This is an airdrop collection. 1 Lurker of the Abyss Daemon airdrop to holders took place for each set of 3 Grims in their wallet at the time of the snapshot on December 18th, 2021. Deamons can be of different species: Ancient, Balrog, Capra, Egg, etc.

A Doom Chalice allows you to summon a Lurker of the Abyss. Some will be available for minting, others will have to be won or found. The burning of the Doom Chalices will take place in order to summon a Daemon.

There are 2,916 Daemons existing outside of the original Grim collection. 2,616 were distributed to Grim holders on Dec 22nd 2021 following the snapshot taken on Dec 18th. The remaining 300 will be distributed to holders of Doom Chalices. Remaining Doom Chalices will be distributed through contests, giveaways and future airdrops. Or you can buy one on the secondary market.

Okay Bears

At the core of Okay Bears is a digital space that stands in the middle of the metaverse, where it is okay to be okay: The Park.

A collection of 10,000 diverse bears that grant you exclusive access to The Park, where we build a virtuous community that will transcend the internet into the real world. 

Through meaningful member-only merch drops, outdoor campaigns, exclusive live events and collaborations with indie businesses and world-renowned brands, Okay Bears create a community-centric, globally recognised brand.

The Solana project began life on April 26th, with a mint price of 1.5 SOL ($147). The NFT collection quickly sold out, and now the price for one stands at almost 90 SOL ($8,850)

The Bear Market is an ecosystem of web 3, web 2 and IRL sales channels, exclusive for Okay Bears holders, built through robust partnerships with industry-leading brands.

Conclusions

NFT collections and projects are getting more and more popular and sophisticated. They mix storytelling, gaming and economics, thanks to the use of tokens.

In spite of the proliferation of these initiatives, the success of the public sales is still very high. If you are looking for professional guidance, then be sure to check out the Tokenomics Consulting offered by BrightNode!

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