Crypto Briefing | Sep 07, 2022 12:55AM ET
The y00ts NFT mint has suffered setbacks, but enthusiasm for the collection isn’t waning. Waitlisted applicants for the y00ts mint will not be able to get their NFTs today, the official y00ts Twitter (NYSE:TWTR) account stated. A 24-hour notice will be given before the mint goes live. NFT minting processes are complex as ever, and one hotly-anticipated project has hit a few snags.
The official Twitter account of the y00ts NFT collection posted an update today indicating that waitlisted y00ts fans would not be able to mint their NFTs today as previously announced. The account did not state when the mint would occur but promised that a 24-hour notice would be given.
Whitelisted applicants (not to be confused with the waitlisted ones) were already able to mint their NFTs yesterday; their mint, initially planned for September 4, had also been delayed after the team encountered a “blocker bug” in the software.
Various community members commented on the quality of the minting experience, with some calling it smooth and others complaining of lengthy difficulties. “Admittedly, minting has never been our strong suit,” acknowledged the collection founder, Frank, on Twitter.
The y00ts launch has been widely anticipated in the NFT space. DeGods, an affiliated NFT collection also created by Frank, reached record prices on Sept. 1 despite the brutal bear market dragging most NFT collections down.
Originally minted on Oct. 8, 2021, for 3 SOL, the cheapest DeGods are currently trading for 479 SOL (worth about $14,849) on currently at 13,511 SOL.
Early y00ts minters were awarded mysterious “t00b” NFTs; the artwork currently resembles an orb with a multi-colored, ringed planet-like object spinning in it. The previous launch blueprint indicated that the t00b reveal (in which t00b NFTs will be burned in exchange for proper, unique y00ts NFTs) would happen on September 9, though it’s possible it will now be postponed as a consequence of the project’s previous delays.
Trading in financial instruments and/or cryptocurrencies involves high risks including the risk of losing some, or all, of your investment amount, and may not be suitable for all investors. Prices of cryptocurrencies are extremely volatile and may be affected by external factors such as financial, regulatory or political events. Trading on margin increases the financial risks.
Before deciding to trade in financial instrument or cryptocurrencies you should be fully informed of the risks and costs associated with trading the financial markets, carefully consider your investment objectives, level of experience, and risk appetite, and seek professional advice where needed.
Fusion Media would like to remind you that the data contained in this website is not necessarily real-time nor accurate. The data and prices on the website are not necessarily provided by any market or exchange, but may be provided by market makers, and so prices may not be accurate and may differ from the actual price at any given market, meaning prices are indicative and not appropriate for trading purposes. Fusion Media and any provider of the data contained in this website will not accept liability for any loss or damage as a result of your trading, or your reliance on the information contained within this website.
It is prohibited to use, store, reproduce, display, modify, transmit or distribute the data contained in this website without the explicit prior written permission of Fusion Media and/or the data provider. All intellectual property rights are reserved by the providers and/or the exchange providing the data contained in this website.
Fusion Media may be compensated by the advertisers that appear on the website, based on your interaction with the advertisements or advertisers.