With the sale of its NFT #270 for more than $220,000, DeGods is off to a fantastic start for the autumn season. The sale broke previous records, which is evidence that the Solana project has been wildly successful among NFT collectors as a result of the distinctive art and practicality it embodies.
Is Solana’s DeGods #270 the most expensive NFT card ever sold?
A rare DeGods NFT was sold less than 24 hours ago for the equivalent of 139,5127 ETH, or around $220,000. There is no denying that the badass armor suit is a contributing factor to the astronomical price tag.
Two factors contributed to the rarity of DeGods #270:
- Mythic Helmet is one of the rarest objects in the collection, with only 0.23% of other items in the collection sharing the characteristic.
- Mythic War is another rare collectible, with only 0.48% of all items sharing the trait.
- In addition to that, the digital asset has a background color of red and a skin that looks like a leopard.
The combination of the characteristics results in a harmonious pairing; one buyer thought it was so desirable that they were willing to spend more than $220,000 dollars for it.
Following the unexpected sale, the DeGods NFT collection has risen to the top of the ecosystem. In point of fact, this is one of the Solana artifacts that holds the record for the highest price ever paid for it. The project has recently been compared to Doodles and even Azuki, and there is a strong basis for this comparison.
The DeGods development team plans to broaden the scope of its ecosystem with the introduction of a new PFP collection and supplementary benefits for all NFT holders.
Is the hype surrounding DeGods justified?
In its most basic form, DeGods is a collection of 10,000 avatars organized in the style of an NFT PFP (Profile Picture). Launched in October 2021, the project was constructed on the blockchain technology of Solana. The collection’s rise to fame was catalyzed by its one-of-a-kind artwork as well as its practicality and utility.
As an illustration, every bearer of DeGods NFT receives 15 $DUST (the native currency of the project) each and every day. To clarify, members of the community can spend these tokens to enter lotteries, gain access to whitelists, participate in auctions, and gain access to other interesting privileges.
DeGods is a project that is focused on the community, and its current goal is to grow its ecosystem through practical utility. One of its more recent projects is called y00ts, and it is a new PFP collection consisting of 15,000 different digital avatars.
The initial glimpses of the project were met with favorable reactions; even Gary Vaynerchuk expressed interest in being included on the whitelist.
Jay Speakman is a technology writer based in San Francisco, California. He writes on the topics of blockchain, cryptocurrency, DeFi and other disruptive technologies. Clients include Avalanche, Be[in]Crypto, Trust Machines and several blogs devoted to blockchain gaming. He will not rest until fiat currency is defeated.