Galaxy Eggs is a NFT collection featuring 9,999 3D egg-shaped objects containing rich details of people, cities, etc. It’s difficult to say more at press time as the collection is still unrevealed and the only images available are those that were posted by the team.
The collection was publicly minted on September 14th, 2021 at 0.085 ETH, and sold out. Galaxy Eggs will be revealed on September 18th at 11:00 AM EST.
The collection is made by (art)ificial art studio that “explores the boundaries of technology and the metaverse”. It consists of Art Director Gal Barkan and machine learning engineers, “Mr Bob” and “Gili Gilik”, both early BAYC owners.
Hype was very high before the mint, with almost 22k members in the Discord server eager to have a chance to mint. First messages on the Discord server date back to August 19, 2021, which points to a rather long period of marketing and organic growth. The devs themselves claimed on their Twitter account (20.4k followers at press time) the next day that their community went from 0 to 462 members in two days, a statement that hints at the fact that they did not use bots to fill their server and chose instead to generate an organic growth.
It is unclear exactly how the team managed to build up such a hype and a seemingly very motivated and loyal community, but it wouldn’t be surprising that the project founders could also count on their own network and experience, being early NFT adopters with a IT or artistic background.
Like any self-respecting NFT project, the team did of course make use of the usual channels of information for NFT investors, like reddit (r/NFT), a bit of YouTube, and of course nextdrop.is and the Rarity Sniper Discord server. It is unclear whether they were also featured on rarity.tools.
As for the minting itself, unfortunately the usual gas war ensued and even worse, as the developers themselves acknowledged in an official announcement, “two+ wallets were able to mint a very large quantity of eggs during public sale today. This was done by an organization that collects money from a large group of people and then manipulates the miners themselves to allow their transaction to go through. They essentially purchased an entire block for themselves to give their transactions priority”.
This situation took an interesting turn when later one of the project founders, “Mr Bob”, specified that this situation was the work of a Chinese trading group that managed to procure over 860 Galaxy Eggs for their customers. After reaching out to them, the devs apparently convinced them to “drastically reduce the number of Eggs held by them to <1%”.
On the Discord server, many members were very angry about the situation and also complained that they lost a lot of money in rejected transactions. Hopefully we should see less technical hiccups of the sort as more and more projects move to a whitelisting solution for minting, which allows eligible buyers to mint in a large timeframe, thus avoiding high gas fees, lost transactions and mining manipulations.
All this seemed however to do little to deter buyers on the secondary market as eggs are currently changing hands, while still unrevealed, at around 0.47 ETH at press time.
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