Greetings Chiefs!
The last 1 week in the Solana NFT Space was just about 2 projects, one that was minted and broke all the records and one that was going for mint.
Okay bears did really great and as per my Twitter timeline, this is being seen as one such project that brought investors from Eth NFTs into Solana NFTs. With all this new money flowing in everybody was eyeing Communi3 and it justified the volume with a starting floor of 40+ sol and now it has been stabilized in that range only.
Now, since the dust is settled, people are looking for the next opportunity and especially one where the community is strong and active because that is what is getting sold right now, if you can form a strong and active community that can show their presence you will get to bear the fruit.
Carton Kids is one such project that is going for mint on the 9th of May 2022.
From the first look, carton kids is a community-associated project with a low supply and a decent cost.
The mint details of the project are as follows:
Supply: 2000
Cost: 2 Sol
Since it's a community-associated project, we will first take a deep dive into what they have built and achieved so far.
The first tweet about the project came on the 30th of March and since then they have managed to get around 41,000 followers on Twitter with around 43 mutual followers among us. They have been really active on their Twitter and are clocking an average engagement of around 400+ likes per post and around 6000+ likes on their giveaways. They have also partnered with all the big projects in the space and have been featured in every Solana Influencer’s “mints to look out for” list.
Apart from this, speaking of their community, the Discord has around 35,000 members and as of now the server has been boosted by 94 people and they are getting an average engagement of 800 reactions in their announcements and in their sneak peeks.
Not just the community but the founder of the project has been fairly active in the discord server with over 3,000 messages which is a really good sign.
Art
This is one of the points that I really liked about the project. If I have to describe the art in one word, it is “CLEAN”. It is fresh and it is different from what we usually see.
I would love to rock one of these as my PFPs.
Apart from the NFTs, the way they have designed the website is great as well and it shows the work put in by the team.
Roadmap
There are 3 main catalysts in the roadmap of the project.
- Staking: The main focus after the mint will be to set up the staking mechanism where the holders will be able to stake the NFT and in return get $CARTON. The utilities of the coin have not been declared yet.
- Auctions: Here the team will do an auction of the legendary pieces of the collection and the proceeds from that sale will go to charity.
- Monsters: The team has provided a hint that there will be a second collection of the project. However, not many details have been revealed yet.
To conclude, I think of this as a good project but there are some things that need to be considered:
- First of all, the utilities and the tokenomics of the staking have not been revealed yet which makes it difficult to rate the project since no one knows what’s ahead. So I will hold myself from giving a rating as of now.
- Not a lot of information about the team and the past experience of the individual team members have been revealed yet.
However, to build more trust among the investors, the team has decided to launch via Magic Eden with a 1D Escrow and the team has been fully doxxed by Magic Eden as well.
Apart from that, they have appointed two recognised personalities in the space as their advisors, so that is a good sign as well. - Also, Bitcoin came under one of the major supports yesterday, and Solana is also not in a very good place because of which the investors will get a little more cautious and profit-taking will become the priority of a lot of people.
As always DYOR.
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Thank You!
