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sToadz NFTs

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sToadz NFTs

NFT

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average rating is 3.5 out of 5

28 Ratings

3.5

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9 months ago

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Three NFT collections have been developed to date on the Songbird Network, these include: sToadz, Songbird City, and Luxury Lofts.

*Fun fact: 4k of the sToadz were airdropped to wallets eligible from the xToadzXXL snapshot. This was to reward early participants and holders who believed in the project vision. The remaining 6k of the sToadz collection was made available for mint on March 19th, 2022 and was bundled with 1 Songbird City and 1 Luxury Lofts each.

Introduction

To that end, sToadz have over 130 different traits and thus well over 10k possible combinations therein. sToadz was curated from a collaboration of 7 different artists. Several rounds of art development and developer feedback were necessary to achieve the final realized result. Meanwhile, Songbird City and Luxury Lofts, which are collectively known as the Meta NFTs, involved the work of 5 different artists.

sToadz feature 7 trait categories: Accessories, Backgrounds, Clothes, Eyes, Hats, Mouths, and Skins. Accordingly, there are 5 possible accessories, 22 backgrounds, 12 options of clothes, 19 possible eyes, 28 possible hats, 14 mouths, and 31 skins.

Standout favorites include: The golden bucket hat, Donut! and Circuit Board skins, the Loaf of Bread accessory, and of course Elon Universe background to name a few.

Music was composed exclusively by DJ Ribbits, the in-house music producer and DJ on the Toadz team who has years of experience and a fond love of hip-hop.

Art

The current and initial utility of the collection is centered around rewards in the form of sRIBBITS. (Please see the rewards section for further discussion.) Songbird City and Luxury Lofts, additionally, hold the future utility of metaverse access and property ownership. This will enable early adopters to be meaningful participants a the future ecosystem developed in Unreal Engine and connected to the blockchain so that ownership is decentralized, i.e., users control their funds.

Utility

sToadz proprietary rewards currency known as sRibbits (100 billion supply) is presently being airdropped to holders of the NFTs, with a minimum threshold of 1 each (1 sToadz + 1 Songbird City + 1 Luxury Lofts). Larger rewards are distributed to larger holdings, and users currently receive 4,000 sRIBBITS per NFT so long as they meet the minimum threshold. These rewards are intended to function as liquidity for users for exclusive offerings in the near future.

Rewards

sToadz held their mint on Saturday March 19th, 2022. The total 6,000 NFTs available were all minted in 5 hours. At the time of sale, this was the largest volume of NFTs to sell through on Songbird Network.

Secondary market sales of sToadz have offered multiples of return on the initial investment. With the initial price of sToadz being somewhere around $30 (and total price being $100 for a pack of 1 sToadz, 1 Luxury Lofts, and 1 Songbird City at time of mint), minters have been able to sell their sToadz alone for upwards of $700, imputing a return of over 20x in some cases. These prices have reflected, largely, community enthusiasm and art appreciation even before upcoming utility is put in place. Trading volume at time of writing has exceeded 7 million $SGB for sToadz, 3 million $SGB on Luxury Lofts, and 3 million $SGB on Songbird City.

Reception

The future vision of sToadz is largely gaming and metaverse oriented. The project aim to make community membership interactive, collaborative, both socially and economically, with the aim of conferring further value upon its NFTs.

Future Vision

  1. sToadz was the first to add bespoke audio and pair with video backgrounds in their NFTs on Songbird Network.
  2. sRIBBITS represented the first rewards for a meta currency distributed to holders.
  3. Additionally, sToadz was the first to coin the term and concept of the Loyalty Multiplier. The genesis of this ideas was to reward users who may not be as wealthy as others, but are immensely loyal to the community. The Loyalty Multiplier period is every 2 weeks, Monday to Monday.

sToadz Firsts

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Introduction

Art

Utility

Rewards

Reception

Future Vision

sToadz Firsts

CONTENTS

Community

3.6

Roadmap

3.4

Team

3.5

Utility

3.4

RATINGS

Discord

X

SOCIALS

Flare Metrics

Neefty

Sparkles

Website

YouTube

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