Project Name: Cool Camels
Mint date: 1st August
Mint price: 1 SOL
Supply: 8000 (edited)
Cool Camels appears to be the next hype project out there with a massive following and cult-like community. Their website is super clean and the art is looking pretty crisp, so I see quite some potential with this one. Each WL wallet will be able to mint up to 6 camels, which appears to be quite sus at first glance. However, they will be implementing a revenue-share model based on how many you mint and hold and also on the rarity of your nft. Here are the exact numbers:
There will also be minting rewards airdropped to people that are lucky enough to mint rarer ones. These rewards will be given after a complete sell-out or adjusted based on the number of nfts minted. In order to qualify, you will need to hold (selling will disable these type of rewards):
Overall, the project is mostly community and hype-driven, but they have been collaborating with all major DAOs and their community seems pretty solid. Regarding the revenue share, 50% of all aftermarket royalties (at least $500) will be allocated to a pool and the DAO members will vote if these rewards will be raffled or distributed to everyone based on their ranks.
Moreover, they will be launching a free mint later in their roadmap, and 85% of royalties from there will also go into the pool. For the most part, I’m a fan of this project and art; I find it really clean. However, the 6 limit per wallet and quite Ponzi revenue distribution are some negative aspects.
The price seems quite fair in my opinion, related to the hype that’s being built. I will also attach some sneak peeks so you can judge the art!