As doomsday merchants and naysayers continue to proclaim the death of NFTs, along comes y00ts to prove there’s life in the old dog yet, storming into contention with a debut to blitz all competition and crash the party at the top of the NFT sales rankings.

Arriving a little late to the show, the y00ts build up was plagued with controversy. From the Twitter megalomaniacs dropping a temporary ban on its associated accounts, to the late discovery of a blocker bug lurking within the smart contract.

Despite the delays however, the drop caused no end of commotion on the blockchain, with the collection raising a staggering 190k SOL ($6.1m) in its first 24 hours and elbowing its way to the top of the sales charts. Since the launch, y00ts has continued its momentum and now sits on a staggering floor price of 149 SOL ($5200).

y00ts represents the latest project to come out of the DeGods school of NFT community building, arriving on the scene in a whitest only mint using their own $DUST utility token. Now, as the dust begins to settle, partner project, Dust Labs has revealed an additional $7 million in fundraising to help finance a suite of NFT community building tools.

All in all, a big statement of intent from Solana, as Ethereum gears up for its long-awaited merge.

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*All investment/financial opinions expressed by NFT Plazas are from the personal research and experience of our site moderators and are intended as educational material only. Individuals are required to fully research any product prior to making any kind of investment.



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