The y00ts NFT collection is grabbing attention for all the right reasons, except one, which is its minting process. The y00ts NFT mint has faced so many obstacles just before the final launch, yet the enthusiasm for the collection is unbeatable.
In this article, we will cover the latest developments in the minting process of the y00ts NFT collection, what’s up with the y00tlist and t00bs NFTs. If you are among those who missed what happened till now and how y00ts mint took place, then read on to find out more!
The Original Timeline for y00ts Mint
The y00ts minting process was originally scheduled for September 4th at 2 PM PST. The y00ts is the collection of 15,000 NFTs which presumably be unlocked through the burning of t00bs which is priced at 375 $DUST each.
To know everything on how to mint t00bs and ultimately mint y00ts, you need to keep track of the following processes.
Y00tlist and DAO Pool Mint process
Since the beginning, the minting has been sufficiently complicated because it allowed members of a unique whitelist known as the “y00tlist scholarship” to take part. The team behind y00ts attempted to curate an NFT community with a transparent approach where anyone can have access to a public VIP list. Everyone on that list was guaranteed one y00tlist spot.
It has a separate Twitter page, to track how many people are on the accepted scholarship applicants list. Tweets from the y00tlist account regularly update who has been accepted onto the y00tlist.
Accepted applicants were supposed to mint a t00b which is a secondary NFT collection created to provide entrance into the y00ts ecosystem. Each t00b was priced at 375 $DUST.
In case, the applicant failed to mint between September 4th, 2 PM PST to September 5th, 9 AM PST, the spot would be lost. Also, mint spots are non-transferable.
On the other hand, rejected applicants were supposed to raffle for 100 y00ts. This was only for the rejected applicants with $DUST.
1 $DUST = 1 Ticket with a maximum of 375 tickets per wallet. The process was scheduled on September 4 as well. If only it happened as planned, winners would have airdropped the NFT without paying any $DUST.
Waitlisted applicants were also supposed to mint remaining spots from no-shows on September 5th, 9 AM PST. However, nothing happened as planned and even the whitelisted (y00tlist) applicants’ minting process didn’t begin as originally scheduled after suffering a ‘blocker bug’ in the software.
The y00ts mint which was originally scheduled for September 4th at 2 PM PST for accepted y00tlist applicants finally took place last night, and the numbers for the mint are astonishing.
In less than 24 hrs, the hyped-up y00ts project fetched over 190 thousand SOL in volume, approximately 6.1 million.
With this, the y00ts NFT collection has secured the top place on the volume charts at OpenSea with a floor price of 160 SOL ($4,900). Interestingly, y00ts volume for 24 hours is more than the entire BAYC volume for the last seven days.
The statistics further confirm the project’s popularity and demand in the NFT community. That too, without even revealing the y00ts NFT. Due to numerous delays, the waitlisted y00ts fans are still struggling to mint their NFTs. The y00ts team also announced that waitlisted y00ts fans will be given a 24 hour heads up later on.
Note that the whitelist is different from the waitlist. Due to confusion around minting, some even complained that the process is lengthy and difficult. On the other hand, various community members found it smooth.
The collection founder who goes by the name Frank on Twitter said, “Admittedly, minting has never been our strong suit, mint has always just been a vehicle to get there”.
How to mint t00bs NFT?
The y00ts minters first have to mint mysterious “t00bs” NFTs to later claim y00ts NFTs. The t00bs resembles an orb with a multi-colored, ringed planet-like object spinning in it.
The previous launch blueprint suggested that the t00bs reveal would take place on September 9. However, it may now be postponed considering the project’s previous delays.
If you are waitlisted, then you still have a chance to mint one t00bs using 375 $DUST. The unminted t00bs NFTs will open to waitlisters once the y00tlist 19 hours have been completed. The minting will be based on a first-come, first-served process. Remember, you can only mint a maximum of 1 t00b per wallet.
As mentioned above, t00b NFTs will be burned in exchange for unique y00ts NFTs. Currently, the least expensive t00bs are trading for 160 SOL ($4,960) on OpenSea and 138 SOL ($4,278) on Magic Eden. It is appearing to be among the top traded collections on OpenSea in the last 24 hours, as of the time of writing.
DeadGods: y00ts Mint
All DeadGods were able to mint a ‘y00ts: mint t00b’ from September 4th, 2 PM PST to whenever they wished. Though, from September 9, the price of minting a ‘y00ts: mint t00b’ will increase to 500 $DUST. This price will keep on increasing by 0.8325 $DUST per day, until $DUST emissions end.
From September 16th onwards, only DeadsGods that have claimed their y00ts will be able to stake both $DUST and extra time-based rewards.
As the y00tlist applicants suffered a delay in the minting process, the timeline is still doubtful to stick on. Nevertheless, y00ts fans definitely have something to look forward to, which we will discuss in the next section.
Post-mint plans for y00ts:
One hour after the sell-out, t00bs will be frozen until the y00tlist mint ends. The y00ts team will then livestream a 1-hour countdown timer. After the countdown ends, secondary trading will begin. Also, there would be special announcements that might get holders excited between September 5th to September 9th.
On September 9th, the most-awaited y00ts reveal would take place. The t00b holders will then be able to burn their t00b to mint a verifiably random y00t on its official website. Holders can hold t00b and burn it at any point in the future to mint a y00t NFT.
Conclusion:
If we look at the sales volume, the y00ts NFT collection mint has been a massive success. However, there have been a couple of speed bumps along the way but y00ts fans stick around anyway to mint their very own NFTs.
It would be interesting to see how y00ts NFT collection moves forward and adapts to maintain its hype in the NFT space.
