Zoonies is an alien-themed NFT profile picture collection launched on July 21, 2022. Zoonies debuted as the first Solana NFT to utilize OpenSea’s latest launchpad feature. Unfortunately, it did not sell like pancakes within 24 hours. Less than 5000 of the 8888 NFTs were minted, and still waiting for the count to rise.
Some of these NFTs were listed for as low as 2.5 SOL – roughly $109 and 1.97 SOL, or $86.
While it was a very slow start, the sales may rise continuously in the coming days. For now, it sets the bar for the newest OpenSea launchpad utility.
What’s Behind the Latest OpenSea Launchpad Feature?
OpenSea now lets collectors mint NFTs within the first sale. Collectors can generate and transact their own NFTs to sell to others. However, while this may be a new unique perk, marketplace rival Magic Eden and game-focused platform Fractal have already done this minting feature for several months.
While OpenSea only started to sell Solana NFTs in April 2022, Magic Eden is still the primary place for collectors to purchase Solana creations.
Hoping to capture the Magic Eden loyalists, OpenSea announced the minting feature to everybody. However, with the debut of Zoonies, things did not go as planned.
Is It Over for Zoonies?
The best way to determine if the Zoonies collection will pick up the pace is to look back at a few profitable projects: Trippin’ Ape Tribe and Okay Bears. Both collections also started sluggishly but saw massive sellouts and active secondary market action. They sold so fast that it overwhelmed the Ethereum NFT trading volumes. Given that the Solana NFT buyers are still kicking, they may get into Zoonies soon, especially if the crypto market conditions are better in the coming months.