1 year ago today, the price of Ethereum was $596. Today it’s $4,005.
That’s 671% growth in 365 days. Or 1.83% growth every single day.
Those of us who are staking our crypto, know that 35,032% APYs are a reality.
So back to my original question: to Eth or not to Eth, that is the question.
The decision I’m considering is for our NFT Collection, MemberOne, which is currently on Ethereum and Polygon blockchains on OpenSea.
The reason it’s not solely on Ethereum is because of the gas prices. Gas prices are the “fees” you have to pay to write on the blockchain.
Anytime we want to gift a Member to someone, if it’s taking place on Ethereum, it can cost anywhere from $40 to $100.
We’re giving away 1,618 Members, which is $161,800 just in gas.
The way around the gas is to mint on Polygon, and transfer gas-free to our Members.
But the thing is, that’s messy.
What is not messy, is Solana.
The price of SOL is around $200, and Airdrops are basically free (they cost 0.000001 SOL, give or take).
Because the simplest route is always the best, we’re going to continue to develop our MemberOne Collection on Ethereum, but also launch a 10k generative Collection on Solana.
And we’re going to price it so that everyone can participate. At just 1 SOL.
The name of the Collection is SOLTrain, and it’s a celebration of the Party People.
So if you know how to party or want to pretend to be someone who parties, then pickup a SOLTrain Member.
Launching Feb 14, 2022. Just in time for V-Day.