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    Home » Degen Sweepers NFT Fail to Sell Out as Urkann Falls From Grace
    Degen Sweepers NFT Fail to Sell Out as Urkann Falls From Grace
    Degen Sweepers NFT Fail to Sell Out as Urkann Falls From Grace
    News

    Degen Sweepers NFT Fail to Sell Out as Urkann Falls From Grace

    By DamoclesJuly 26, 2022Updated:January 26, 2023No Comments3 Mins Read
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    Degen Sweepers, one of Solana’s most controversial non-fungible token (NFT) collections, was met with ‘sweeping’ criticisms from many collectors as it failed to sell out during the minting event on July 25 (8:00 PM CET) with a mint price of 5.1 SOL. . 

    As of press time, only 1,883 out of 10,000 Degen Sweeper NFTs were sold, leaving over 8K unminted while secondary sales are ongoing.

    On the other hand, it has also received praise from the collectors who have successfully minted and proudly displayed their NFTs. As a result, it became the 4th biggest Solana collection (by trading volume) for the past 24 hours as of July 25, according to SolsWatch.

    Growing Criticisms Over Degen Sweepers

    Degen Sweepers is a 10,000 NFT collection of degenerate characters that want to “sweep floors”, which means to buy all NFTs of a particular floor price. The collection was created and developed by Urkann (founder), who is well known in Solana as one of the greatest floor sweepers. He is also known to have swept DeGods at astronomical levels.

    Unfortunately, the once respected influencer has fallen from grace due to criticisms made mostly by other influencers about overpricing his mint and not giving enough information to justify it.

    Other team members include Brian Hammers (marketing and branding), Resist (artist), and FarmerD (project manager).

    Degen Sweepers on Magic Eden
    Degen Sweepers on Magic Eden

    As the minting event kickstarted, the trickling responses from the community grew into an overflow of postings, both on Degen Sweeper’s Twitter and Discord accounts. While other collectors have been quick to show off their freshly minted NFTs, others were disappointed (and disgruntled) with their failure to mint their characters, despite being included in the Sweeper List (SL), the collection’s version of whitelist. 

    Other influencers like Anglio, TheS◎Lstice, Alexander42, etc. continue to take jabs at Urkann and the project on Twitter for a variety of reasons, mostly for not selling out.

    LOL Urkann made one of the traits in his own collection a t shirt that says “I ❤️ Urkann”

    Send it to zero with haste

    — jaako (@JaakoNFA) July 25, 2022

    Secondary sales volume on Magic Eden is struggling to get past even 4K SOL. As if the situation couldn’t get any direr, Degen Sweepers are now selling 20% below the mint price.

    Urkann Remains Firm with the Project’s ‘Success’ 

    Despite the snowballing criticisms over the project, Urkann remained firm that everything “was going smoothly” and “going good” and passed the blame to Solana, saying that the network had “rugged” the project. 

    Everything is going smoothly #UrkannArmy ! even with Solana down 🧹
    You have the time to mint, a little more than 7 hours. Then the public round will start for 48 hours ! LFSWEEP !

    — Urkann 🧹 aka The Sweepooor 💀 (@_Urkann) July 25, 2022

    Salv, a cloud engineer and web app developer not related to the project, defended the fiasco and explained that the sudden huge load in the Solana network had caused the incident. In other words,  the community should not blame the team for the unwanted hiccups during the minting event. 

    Unfortunately, the collectors experiencing these technical issues were not having it and have thrown hate and accusations at the project founder. In a separate tweet, Salv has also mentioned that it took more than 20 times just to mint the NFT. 

    Degen Sweepers’ Art is Great, But Can It Save the Project?

    While Degen Sweepers has drawn flak over the recent technical issues and Urkann’s new notoriety, the collection also received praise for its high-quality art, all thanks to the team’s artist, Resistt. The digital artist received compliments from collectors, calling him epic, their favorite, and fan.

    This is what I minted @DegenSweepers This is not a shill – but IMHO @Resistt_ gotta be a top 5 artist currently in our ecosystem. pic.twitter.com/PCjzWRjncf

    — S🟠L Princess 👑 🧹🧹 (@SolanaPrincess) July 25, 2022

    The collectors’ praises over Degen Sweepers’ art, however, still couldn’t save the collection as it hasn’t sold out even hours after public mint.


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    Degen Sweepers NFT Solana NFT Urkann
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    Damocles
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    Damocles is a self-imposed web3 nomad with a background in journalism and education. Having served as a freelance writer for three years, he decided to focus on one area he loves: the blockchain industry. He enjoys the drama, controversies, and pleasant surprises of this growing arena, pumping him to write more daily. To this day, he still considers himself a newbie who is dead set on honing his skills and being more involved in web3 projects.

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