What Is DeGods?

Summary

• DeGods is a Solana-based NFT project made of 10,000 deflationary PFP NFTs.
• The DeGods NFT collection is one of the most popular and valuable NFT collections on the market, and bills itself as Solana’s top NFT collection.
• Like other NFT projects, DeGods tries to cultivate an engaged, passionate community, but it is distinctive in that it discourages “flipping” (which is how most NFT traders profit) and instead encourages investors to HODL their DeGods NFTs.

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What is Thugbirdz? 

Thugbirdz is a Solana-based collection composed of 3,333 algorithmically-generated pixelated birds. 

These birds have major parts, including hats, shades, beak color, earrings, tattoos, and even smoking style. They are divided into four’ gang roles’, which are ‘Thugs’ (89%), ‘Enforcer’ (9%), ‘Underboss’ (0.9%), and the Boss, a single bird. 

The collection is currently available on Magic Eden, Solanart, and Digital Eyes secondary markets. These NFT birds can be purchased through Phantom, Solflare Sollet, Mathwallet, Slope, and Solong Web3 wallets. The Thugbirdz team will soon launch their pixelated birds on other secondary marketplaces.

Thugbirdz is also one of the major Solana NFT collections supported by crypto exchange FTX. And in return for the support they’re receiving, 10% of the collection’s entire sales will go to an Indian organization called WildlifeSOS, which preserves the country’s forest, wildlife, and biodiversity. 

What are Solana NFTs?

In short, a Solana NFT is simply an NFT created on the Solana blockchain.

But what does that mean, exactly? An NFT or Non-Fungible Token is a blockchain-based certificate verifying ownership. These cryptographic assets and the contained metadata are unique and, therefore, non-fungible. The concept of fungibility relates to the quality of interchangeability; a dollar can be exchanged for another dollar, a bitcoin can be exchanged for another bitcoin, and a SOL can be exchanged for another SOL; hence these items are fungible. Something which is non-fungible cannot be exchanged, and many (but not all, such as ERC-1155s) NFT are unique and individual; therefore cannot be exchanged for another. Nansen provides a full overview: Everything You Need to Know About NFTs.

How do Solana NFTs Work?

Solana differentiates itself from the majority of alternative layer one projects given that it is not EVM (Ethereum Virtual Machine) compatible. Solana uses a unique coding language Rust, as opposed to Solidity. Subsequently, Solana has a different token standard.

Returning to Solana’s hybrid consensus mechanism, it must be remembered that Solana was designed centrally around the belief of mass adoption, and therefore speed and scalability lies at its heart.

Any blockchain consists of four main elements: a peer-to-peer network, cryptography, a consensus algorithm, and punishment and reward. To deliver incredible throughput, Solana blends PoS and PoH. Proof of Stake refers to nodes in the network committing tokens for a time period in exchange for the opportunity to be selected to validate the next block of transactions and earn a reward. Proof of History refers to the method of validating the order or sequence of transactions. Solana’s blockchain is segmented into periods of time, slots; the period in which each leader ingests transactions and produces a block. Leader nodes keep track of the passage of time. This time stamping solution allows transactions to be verified as valid by the rest of the network without filling an entire block, reducing latency and boosting throughput.

Nansen provides a fuller overview of the Solana Blockchain and its mission here: Solana: Scalability Through Speed.

Introduction :

In this dashboard we want to compare Thugbirdz and DeGods NFT

The metrics that are going to be checked are sales volume, number of sales, buyers, average sales price and sales on different marketplaces on the Solana platform (such as yawww, solanart, magic eden v1 and V2, coral cube).

To do this, we use fact_nft_sales and dim_nft_metadata tables

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Conclusion :

For Thugbirdz nft, the nft sales platforms where sales are made are yawww, solanart, magic eden v1 and V2, coral, but for DeGods, in addition to the above markets, opensea, hyperspace, hadeswap have also been a good platform for selling DeGods nft.

The most sold DeGods nft in magic eden v2 store was 7557

Thugbirdz's highest selling price was 1578 in Magic Eden v2 on Marketplace

RESOURCES :

https://phemex.com/academy/what-is-degods#:~:text=DeGods is a Solana-based,as Solana's top NFT collection. https://www.asiacryptotoday.com/thugbirdz/#:~:text=February 19%2C 2022,on digital assets and profits.