Greetings Chiefs!
Well, all of you guys who are reading this right now must be pumped by the fact that a project of Solana is the no.1 project as per volume on Open Sea. This is a big day for all of us irrespective of the fact that you minted that project or not.
I wrote in one of my previous articles that I don’t think that Magic Eden has topped in volume yet, and to everybody’s surprise it was true and Magic Eden almost did a 2x on its previous all-time high volume.
This much new money flowing into the space can only mean one thing, that the next big project will have its share of this new volume as the fireworks could be seen even in the projects that were minted on the 27th of April (with Lavish Lions and Disarticulated Skully clocking volume of around 17,000 Sol and 22,000 Sol respectively in less than 12 hours).
So you all must be thinking about which is going to be the next big project that has the potential to repeat what happened on the 26th of April.
Well, you don’t have to wait for too long because Communi3 is going for mint on the 2nd of May 2022.
In brief, Communi3 is a project which is working on helping other NFT projects, Crypto Projects, DAOs and basically anything or everything which involves a community, managing and growing their community in a more efficient, fun and inclusive way.
Let me relate this to one small example which comes from our daily life in the NFT Space.
We all are a part of DAOs where we have made several connections, the founders of these DAOs have set some pre-defined roles which the members get as they engage more and level themselves up.
Communi3 is a platform which is going to help these founders manage their community in such a way that the most engaging, most active and the most deserved person gets his due.
But the first question that may arise is even if there is any need to do this since there are a lot of discord bots available doing the same thing…
The answer to this question lies in efficiency, of course, there are a lot of discord bots who provide ways to help manage the community, but those will become tiresome to manage as the community grows and it is not easy to manage such a large user base.
With a platform like communi3 it is easy to manage a community of any size and when I say this I mean this ( we’ll talk about this in the client section of the article).
One more thing that makes it important is that the Community is everything, we all have seen what strong communities do to a project and what happens when a project excels in everything apart from building an engaging and active community.
The second important question that arises is what is going to be the real-time use case of having the services of a project like Communi3…
To answer that allow me to share the interface of their platform
Here you can see there are options regarding the member's dashboard, timed message triggers, badges and tags.
To give the community the idea of what they have built, they decided to give Whitelists to the members based on some quests, now these quests were not just for the members who wanted to gain Whitelist but for projects who wants to collaborate with them.
I used the website and the first expression that I made was that the website is really clean and it is easy to use.
Now, as I entered the website there were different quests available for different purposes and I did some of them and the entire process is really simple and smooth.
Here comes the first use case scenario of how you can onboard new members to your DAOs or your communities.
Doing quests in search of the rewards will help the new members understand the real values of the communities they are about to join and will make this onboarding process a pleasure.
Who doesn’t like rewards?
So here comes the point of rewarding the members who have given their time to make the community strong.
Projects can reward the most engaging and the most active members in a pretty easy way by listing those rewards in the store section.
Now the third question, who is the team behind this project and if they are this good they must have had some great demand and some great partnerships…
The team of Communi3 is consist of 9 members, 9 doxxed members with vast experience in their respective fields.
Speaking of their CEO, Brandon Byrne, he has been in community tech for 12 years, has helped develop groundbreaking companies such as Curse and Team Liquid, and raised more than $50m.
The founder and the president of the team, Andrew Ringlein, had worked with HP in the past where he built a SaaS technology company which was later got sold to Micro Focus for $200 Million.
To answer the second part of the question, let me name some of their clients:
- The SandBox
- Secret Network
- Yield Guild
- Big Time
- Illuvium
Now let’s talk about the NFTs that you are going to mint...
The project has 2 collections:
- Laboratories
The Laboratories collection of the project is going to be 1/1 collection which will be tied to a customer, which means there will never be more laboratories than the customers who can support them.
The services provided by Communi3 cost around $5,000-$10,000 per month but the holders who own a laboratory don’t have to pay this monthly fee.
These holders also have the option to rent these laboratories out to potential customers, in return for which they will receive fees.
The average price of one laboratory NFT is around 1000 $SOL.
Three of their recent buyers of laboratories were HGE (founder of the Open DAO), Brando (founder of the Integrity DAO) and Softmoney who are one of the most respected and influential personalities in the space.
2. Mad Scientists
These are the nfts that you and I will have the option to mint on the 2nd of May 2022.
They are going to get launched with an initial supply of 5000 NFTs and a mint cost of 2 Sol.
What are the utilities behind this NFT?
The holders will get an option to stake these scientists in return for a $SCI payout.
Now, what will be the use case of this token so that it holds it value?
At first, each new customer the project onboards need to burn a specific amount of $SCI in the beginning.
Where can they get this $SCI from?
The holders of mad scientists will sell the token to these people.
Secondly, to use features such as animations, dashboard access, and whitelist software, customers will need to utilize $SCI.
Thirdly, there will be an IDO launching in the first quarter of 2023, and the holders of Mad Scientist NFT will get a confirmed allocation of 10% of the token supply.
This was all about Communi3.
To conclude, I would say that this is fundamentally one of the strongest projects that is going to launch on Solana.
The team knows what they are doing and they have vast experience which speaks for itself.
The project already has such big clients and the trust of one of the biggest personalities in the Solana NFT space.
Speaking of the engagement, their Discord has around 75,000 members and they are clocking an average engagement of 2500+ reactions.
Their Twitter also has around 75,000 followers. They have pretty active on their Twitter and have all the big players and aspiring players tweeting about them, doing a collaboration with them or writing a thread about them.
I would rate the project 4/5, one thing that I found missing was a PFP concept, because, in the end, it will be an NFT. Apart from that, everything about the project looks bullish.
As always DYOR.
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Thank You!
