Twitter: @SOL_Decoder
Discord: discord.gg/sol-decoder
Website: soldecoder.app
Greetings Chiefs!
What’s better than starting a new week with a profitable day and Smoke Heads made it possible for a lot of people yesterday. Their mint went smooth and they performed really well in the secondary marketplace, which again tells us that it is the community of a project that can take it to places.
The fuel has been put in the engines of the minters pretty well and everyone is excited for what’s coming ahead and to sustain the hype there will be 2 big mints on the 19th of April. Let’s talk about one of them.
There have been a lot of innovations happened in the space in the past few months where every time a problem was faced by the community multiple projects came to address that problem and made the life of the Solana NFT enthusiasts a little bit easier.
Sol Decoder is coming to address some of these problems that have not been answered yet in an efficient manner. The team likes to call itself a suite of tools to find new mints & judge the hype of existing mints / NFTs. In short, Alpha generating Discord bots.
The mint information about the project is as follows
Supply: 4000
Cost: 1.9 Sol
Time: 5 pm UTC (WL) | 8 pm UTC (Public)
The most important question is what are they going to offer?
Well, the list is long, but I will cover every aspect.
First comes First their project analyser. On the home page of the site, you will be able to write about a project on which you want to gather information. After writing the project name you will find this on your screen
From here you will be able to know how much the people are talking about a specific project. Not just in terms of numbers but you can also see what are they talking about and whether the sentiment is bullish or bearish.
Just to be sure if the tool works, you can see the last message mentioning atadia in the screenshot attached above is from me.
Mint Schedule: Since they are calling themselves an Alpha generating discord bot the first thing that they have to offer is a mint schedule that contains not just the name of the project but its supply and cost as well right? They moved a step further and they also going to tell you if the project has any token and whether it is listed on the famous fox token market and if the answer to both of these questions is in the “AFFIRMATIVE”, then what is the price at which this token is listed at.
I want to add one thing that while I was preparing this write up and took the screenshot attached above, I understood the advantage of this tool as I got the information about the mints of two projects where I was whitelist.
Fox WL Token Market: The second feature they will provide to the users is the information of all the tokens that are listed on the famous fox token market.
But you may ask what is the difference between the two websites and why would you use their website for the information and not the famous fox federation website as they are the official website that provides you with the facility of selling those tokens.
Well, there is a difference and it is quite big,
You can analyse the graphs and see how the price is behaving in real-time and with the help of this graph you can find the ideal point to sell the token.
Stacked Line Search: This is a really interesting feature and it forced me to think that how clever and smart the team is that they got the idea and they brought this tool to reality. This tool will help you measure the popularity of the projects that gained traction recently.
You can compare which project is getting more attention in different discord servers and with that information, you can figure out whether it is the right time to enter into a project or not.
Alerts: Now this is again an important tool. Here you will be able to
- Get alerts when new tokens are dropped into your wallet so you never miss a chance to sell the token before the whole supply is distributed or to have a track of all the projects where you are whitelisted at.
- Get alerts when any WL Token gets a name as it can be a hyped mint and if you are early enough you might get the chance to buy the token cheaply before it pops off.
Mobile Apps: Yes you read that correctly. The team has shocked the members with an announcement that they already have a working model of their product ready for the android users and the App Store (iOS) is waiting on Apple’s approval of our LLC.
When I stated at the starting of the article about making life easier, this is what I meant. By having a tool like Sol Decoder in your phone you can always stay connected with the projects you are whitelist at.
Engagement: After doing a detailed analysis of the tools and using them personally I can tell that their tools are really good and most of them have the potential to give you an upper hand if you use them wisely. But it's not just fundamentals that make a mint successful, you need to have some hype as well. Speaking of Sol Decoders, well they have got a lot of hype. They have around 11,000 followers on Twitter and they have been really active on Twitter since the beginning. They have received a lot of positive comments from the Solana community and the influential personalities in the space.
Their discord has around 18,000 members with them clocking an average engagement of 700+ reactions in their announcement channel with some latest posts getting an engagement up to 1000+ reactions.
To conclude, I would say I loved the fact that the team has already proved how efficient, hard-working and promising they are by letting the users use their tools months before the actual mint and by releasing the mobile app of the tools so that people who have daytime jobs will be able to stay connected with the projects they are planning to mint or buy from the secondary marketplace.
The same thing happened with Blocksmith Labs where the users got so impressed by using the tool before the mint that they never looked back.
I would rate the project 3.5/5 based on the fact that they have a ready to use product that has been tested for months and the fact that they already released the mobile app in android.
As always DYOR.
If you like my work follow me on:
Twitter: @perfectenchlag
Medium: medium.com/@GhosT4707
Phantom: xhjwU7E6TcaJxgHTrnryr5DbkqAiPi9KcpKewPcTCNN
Thank You!
