Metaroids

    Subscribe to the Metaverse Newsletter

    Join me as we build a network of metaverse and web3 pioneers.

    What's Hot

    OpenAI Hired Developers to Train AI to Replace Developers

    January 28, 2023

    Ex-Google SVP Launched AI-Powered Search Engine

    January 28, 2023

    BuzzFeed Plans to ‘Hire’ ChatGPT as Newest Content Creator

    January 28, 2023
    Twitter
    Metaroids
    • Home
    • News

      OpenAI Hired Developers to Train AI to Replace Developers

      January 28, 2023

      Ex-Google SVP Launched AI-Powered Search Engine

      January 28, 2023

      BuzzFeed Plans to ‘Hire’ ChatGPT as Newest Content Creator

      January 28, 2023

      Lawyer Could Face Jail Time for Bringing AI in Court

      January 26, 2023

      Anand Mahindra Sparks Alarm Over Deepfake Videos

      January 25, 2023
    • Learn

      Midjourney Mastery: A Guide to Using Image Prompts

      January 22, 2023

      Design UI Like a Pro: 5 Advanced Midjourney Tricks

      January 13, 2023

      Reddit Moons: An Ultimate Guide

      January 12, 2023

      The ChatGPT Era: How Creatives Can Ensure Longevity & Thrive

      January 7, 2023

      Google Translate vs ChatGPT vs DeepL: Translator Ultimate Showdown

      January 6, 2023
    • Others
      1. Feature
      2. Press Release
      3. Opinion
      4. Lists
      5. View All

      ChatGPT: How AI Can Potentially Impact the World’s Religions

      January 27, 2023

      Humans’ Quest to Decode Animal Languages Through AI

      January 25, 2023

      ChatGPT + Wolfram Alpha: A Super Powerful Assistant

      January 22, 2023

      AI-Powered Sexbots and the Risks They Could Trigger in the Future

      January 21, 2023

      Hyped NFT Trippin’ Ape Tribe to Launch on Solana in Mid-Late May

      May 6, 2022

      Microsoft’s VALL-E May Trigger an Avalanche of Cyber Crimes

      January 18, 2023

      Why Web3 Gaming is Failing & How to Turn the Tide

      December 23, 2022

      Can the Metaverse Work Without Blockchain?

      August 17, 2022

      NFTs are 100% Sustainable: Here’s Why Critics are Wrong

      August 8, 2022

      Best Solana Wallets for NFTs, DeFi, & Security

      October 27, 2022

      Top Move-to-Earn Crypto Apps That Pay You to Exercise

      August 31, 2022

      Top 13 Blockchains for NFTs (Choose Wisely)

      August 16, 2022

      Top Selling NFT Collections of August 2022

      August 9, 2022

      OpenAI Hired Developers to Train AI to Replace Developers

      January 28, 2023

      Ex-Google SVP Launched AI-Powered Search Engine

      January 28, 2023

      BuzzFeed Plans to ‘Hire’ ChatGPT as Newest Content Creator

      January 28, 2023

      ChatGPT: How AI Can Potentially Impact the World’s Religions

      January 27, 2023
    • Contact
    Twitter Discord LinkedIn
    Metaroids
    Home » What are Mutations in NFTs? Everything You Need to Know
    What are Mutations in NFTs
    What are Mutations in NFTs
    Learn

    What are Mutations in NFTs? Everything You Need to Know

    By Evan EzquerSeptember 15, 2022Updated:September 16, 2022No Comments5 Mins Read
    Share
    Facebook Twitter LinkedIn Email Reddit Telegram

    Have you ever seen an NFT project launch a new collection with upgraded art?

    Chances are, you might be seeing some form of the so-called ‘mutations’ in NFTs. But what are they exactly?

    The concept was championed by Yuga Labs through the release of the Mutant Ape Yacht Club. And from there, other projects began replicating the process in their collections. However, most of them didn’t really pan out. But the ones that did, made history in NFT.

    What is an NFT Mutation?

    An NFT Mutation is an on-chain gamification process that updates the existing image, attributes, and metadata of an NFT for various reasons, such as showcasing an upgraded artwork, creating opportunities to reward holders, or enabling the onboarding of new users to a community.

    The method varies from project to project, but essentially, the idea is that a PFP NFT (such as Bored Ape and Degen Dojo) can consume an auxiliary NFT, which is typically a consumable virtual item like a drink, serum, or another type of substance (it depends on the lore, really). Then, after the PFP NFT consumes the auxiliary, it will ‘mutate’, and the auxiliary usually gets burned.

    While this is the common setup being practiced, it is only scratching the surface as new projects are currently exploring ways to innovate mutation mechanisms. Over time, new types of mutations will likely be introduced by up-and-coming collections. The only limit is human creativity and imagination.

    NFT Projects with Mutations

    For now, let’s explore some of the projects that have done mutations successfully.

    Mutant Ape Yacht Club

    The Bored Ape Yacht Club (BAYC) became the supreme NFT community in the Ethereum blockchain, at least in net worth, having sold out in one night. While there are collections that sell out in mere seconds, it needs to be noted that the ape project launched in April 2021, back when NFTs weren’t really much of a ‘thing’. Furthermore, it championed the concept of mutations in NFTs.

    Three Mutant Serums (M1, M2, M3)
    Three Mutant Serums (M1, M2, M3)

    Over a short span of time, the valuations of Bored Apes soared, having reached a floor price of $200,000. Four months after BAYC launch, the founders (Yuga Labs) decided to create a new-generation collection in order to onboard new users who want to join the “club” but are priced out of BAYC, as well as reward its existing holders.

    The process started with an airdrop of “mutant serums” to all Bored Ape holders. This serum happens to be an NFT, which can be ‘consumed’ to create a new NFT — a mutated version of the consuming Bored Ape. This whole process was free and holders only had to pay for gas. While 10K serums were airdropped, another set of 10K Mutant Apes was sold to the public in a Dutch Auction at a price of 3 ETH, which was roughly $9.5K at the time.

    Bored Ape Mutation
    Bored Ape Mutation

    DeGods

    DeGods took a different approach to NFT mutations, having realized early on that the Solana space, where it launched, didn’t have the same amount of capital as the OG Ethereum community. Therefore, creating a new-gen collection didn’t make sense to the team since it would only dilute the value of each DeGod NFT due to an increase in supply coupled with a lack of buyers.

    Instead, the team implemented a new mechanism that allows holders to mutate (transcend) their DeGods into a DeadGod by paying 1000 $DUST tokens, the project’s ecosystem token. Well, actually they need the auxiliary NFT known as Stardust, which costs 1000 $DUST.

    Holders were incentivized to mutate their NFTs since doing so would increase their $DUST staking rewards substantially.

    Degod Mutating into a Deadgod
    Degod Mutating into a Deadgod

    Mutations aren’t permanent since holders will have the ability to switch between their DeGods and DeadGods at any time, but they have to pay a certain amount of $DUST. Furthermore, transcending does not affect rarity since the traits from DeGods to DeadGods are exact one-to-one matches.

    Cets on Creck

    Cets on Creck is another NFT project on Solana that has one of the most hyped mutations. Not much information has been revealed yet, other than the fact that it might have something to do with ‘drinking’ a certain compound called e-KLEM, which are auxiliary NFTs similar to the serum in MAYC.

    Mixing Melk and Glaba
    Mixing Melk and Glaba

    However, there are rumors that the Enlightened Cets will be a new collection, following BAYC’s model. One thing is certain, though. The new artwork is so much cooler than the original CoC collection. But don’t take my word for it.

    Enlightened Cets leak
    Enlightened Cets leak

    Mutations Vs New-Gen Collection

    Before we conclude, it’s important that you understand that not all second-generation or new-gen collections are mutations. Founders are also known to release multiple NFT collections over time. For instance, Catalina Whale Mixer has spawned Bubblegoose Ballers, which is a totally separate intellectual property.

    The key difference is that in a mutation, the traits are typically ‘enhanced’, not made totally different. DeadGods are still DeGods, just more… dead. Moonbird Oddities, on the other hand, are not mutations of Moonbirds.

    Conclusion

    It’s interesting to imagine what type of ‘mutations’ will come in the future. We can expect some of the thriving PFP collections today to potentially upgrade their art to remain competitive.


    Join our newsletter as we build a community of AI and web3 pioneers.

    The next 3-5 years is when new industry titans will emerge, and we want you to be one of them.

    Benefits include:

    • Receive updates on the most significant trends
    • Receive crucial insights that will help you stay ahead in web3
    • Access whitelist spots of the most hyped NFT drops
    • The chance to be part of our OG community, which will have exclusive membership perks

    Subscribe to the Metaverse Newsletter

    * indicates required


    By signing up, you agree to our Privacy Policy agreement.
    NFT
    Share. Facebook Twitter LinkedIn Email Reddit Telegram
    Evan Ezquer
    • Website
    • Twitter
    • LinkedIn

    Evan, the founder of Metaroids, is an OG crypto enthusiast and content creator who has explored the world of blockchain, AI, and other cutting-edge tech for nearly a decade. His ultimate goal is to build the best community on the Internet. Up until January 2023, Evan has been writing on Metaroids under the pseudonym Falkris.

    Related Posts

    Midjourney Mastery: A Guide to Using Image Prompts

    January 22, 2023

    AI and Art: Opening Doors to New Realms of Creativity

    January 17, 2023

    Design UI Like a Pro: 5 Advanced Midjourney Tricks

    January 13, 2023

    Reddit Moons: An Ultimate Guide

    January 12, 2023
    Add A Comment

    Comments are closed.

    Latest Articles
    News

    Ex-Google SVP Launched AI-Powered Search Engine

    By Stark
    News

    BuzzFeed Plans to ‘Hire’ ChatGPT as Newest Content Creator

    By Damocles
    Feature

    ChatGPT: How AI Can Potentially Impact the World’s Religions

    By Damocles
    Metaroids
    Twitter
    • Home
    • About
    • Contact
    • Our Authors
    • Privacy Policy
    • Sitemap
    Privacy Policy and Terms of Services
    Copyright © 2023 - All Rights Reserved.

    Type above and press Enter to search. Press Esc to cancel.