In brief

  • Zoonies, the first Solana NFT project to use OpenSea’s new launchpad feature, has yet to sell out after more than a day.
  • OpenSea began selling Solana NFTs in April, but rival Magic Eden still dominates the Solana space by a wide margin.

In an apparent attempt to match rival Magic Eden’s feature set, OpenSea has rolled out its new launchpad feature for minting new Solana NFT projects. However, the leading NFT marketplace’s first drop on the launchpad has been far from a sizzling success from the start.

Zoonies, an alien-themed Solana NFT profile picture project, debuted on OpenSea’s new Solana launchpad yesterday, marking the first project to utilize the feature. A launchpad lets collectors mint (i.e. generate and purchase) NFTs during a primary sale, and it’s a feature that Magic Eden and gaming-centric Solana marketplace Fractal have both had in place for several months.

However, it’s been more than a day since the Zoonies mint began on OpenSea and the project has yet to sell out. As of this writing, less than 5,000 of the 8,888 total Solana NFTs have been minted. The whitelist sale began at 12 p.m. ET on Wednesday, with the public sale commencing at 7 p.m. ET.

Currently, some of the NFTs that have been sold are listed below the 2.5 SOL ($109) public mint price on OpenSea’s secondary marketplace, where the cheapest available items in the collection are listed as low as 1.97 SOL (about $86).

There aren’t other examples yet of Solana NFT launches on OpenSea to compare it to, but Zoonies’ sluggish start isn’t unique in the current NFT bear…

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