0/ Some fellow @BoredApeYC apes asked for a general guide to NFTs on @solana. As a new member of @BoredApeYC but early SOL user I wanted to help some of my fellow apes get set up.
1/ Firstly, get an @FTX_Official or @ftx_us account to buy $SOL and transfer it to your phantom wallet free of charge. Tx are completed in <5 secs and best of all cost โ0.00001($0.001)... say goodbye to painful ETH gas fees!
2/ Download & set up @phantom web-extension wallet.
- Connect & use a HARD wallet to store your main stack
- Use the @phantom-assigned SOFT wallet to participate in NFT mints. It ringfences your main stack in case you ever accidentally click a scam link:
Look for upcoming projects on howrare.is/drops & twitter. Follow their twitter & join discords to get the announcements. Follow their mint instructions - they usually run out quick (thread on that later). If successful your NFT will be viewable in phantom wallet
Always make sure what you buy is verified to a particular set to avoid fakes. Sites are new/limited functionality but improving
5/ Rarity indices:
To help you assess how rare your NFT is & how to price it go to Solana's own "rarity.tools": @howrareis. Not all value is based purely on rank so it's up to you. Some projects are very organized & release their traits early e.g. @TheBearGangNFT
7/ Special mentions:
- @thugbirdz (bungled launch 3x but fun pixel art)
- @KaijuCards trading card game with smooth launch and 2nd sale soon
- Cult hit @SollamasNFT turned around a bad launch
- @TopHatChicks for limited edition cute NFTs
- @LegionPunks just minted
10/ Finally a shout out to the Solana devs who I've seen hop in discords to help overwhelmed projects launch. Good sign when the main devs actively help out burgeoning projects @Austin_Federa@aeyakovenko@rajgokal.
1/ Engagement: a great level of activity, replies and responses from mods & community members. Look at their twitter and discord to analyze # of followers and the team's responsiveness and how well they answer questions. @DegenApeAcademy & @SolanaMBS do this particularly well.
Projects with 10k+ members in their discord and ~5k+ in their twitter typically signal good traction.
Meanwhile projects that don't even have their own dedicated discord are ones to be wary of e.g. @solpunks @boldbadgersquad are owned by & sitting in @SolanartNFT's servers.