Daily NFT News & Drops for September 2

This article originally appeared on Lucky Trader: Daily NFT News & Drops for September 2 | LuckyTrader

Lucky Trader covers the latest NFT news for Friday, September 2. Top stories include new details on the upcoming y00ts mint, more info on the DigiDaigaku airdrop, and a new teaser from The Otherside.

Top NFT Projects to Watch Today, September 2

This week has been another classic “short-term bearish, long-term bullish” week for NFT news and price action. Floors are mostly down on the week, and new project price cycles seem shorter than ever, as several new mints ran to the 0.1 ETH+ range this week (Prisoner of War, The Phoenixes, Lasogette) before falling back to .05 or lower faster than ever.

We had some major news this week though that is definitely bullish for NFTs overall and their adoption, headlined by Ticketmaster’s blockbuster announcement that they will be partnering with Flow blockchain to allow event organizers to issue tickets as NFTs on their platform (and has already minted 5M+ NFTs!).

Now we head into Labor Day Weekend, which typically would be incredibly slow for NFT trading, but we have three major drops today that could spike trading in the next few days.

Let’s get into it.

Top NFT Mints and Reveals Today, September 2

Here are the three primary drops on the radar for today, spanning both the ETH and Solana blockchains as well as the notorious Coinbase NFT:

• y00ts
• DigiDaigaku airdrop
• Wu Tiger Clan (Coinbase)

y00ts

The most anticipated Solana (SOL) mint of the year is coming this weekend when Frank (@frankdegods) drops his newest project in y00ts. The final pre-mint buildup hit a snafu when Twitter suspended Frank and all of the team’s accounts, which sent markets tumbling.

$DUST fell below $3 on the suspension news, and the DeGods floor on Magic Eden fell from 580 SOL to 475 SOL over the last few days. The price action was likely a combination of panic as well as speculation that the mint would be delayed, which it appears to have been. But late yesterday afternoon Frank and the team announced that the mint will be “Sunday at like 2 pm”, and we saw some recovery, along with several new details about the project. $DUST rebounded to $2.95 (briefly hitting $3.20 overnight) and DeGods rebounded to 530 SOL floor.

New information that came from the spaces last night included that the mint price in $DUST will increase after the 48-hour mint window; the rarity structure will roughly be 90 percent common, 9 percent rare, and one percent 1/1; there will be “double staking” for Deadgod+y00t owners; and y00ts will be minted as vials, with the reveal coming 5 days later.

Again for a quick recap on y00ts, it is a 15,000-character PFP set that aims to experiment with new licensing strategies. They will launch a “y00ts store” as a marketplace for PFP holders to upgrade/customize individual traits of their characters, with the artists that design those traits receiving royalties. To be eligible for the y00ts…