Socials
Discord: https://discord.gg/s4ne34TrUC (11.3k)
Twitter: https://twitter.com/SOL_Decoder (14.5k)
Investment Information
Current Floor Price:4.80 Sol https://magiceden.io/marketplace/soldecoder
Entry Price:3.80-4.80 Sol
Exit Price: Exit When Comfortable
Expected Hold Time: Weeks-Months
Risk of Investment 🚦
3.5/5
Builder project! Leaving a long-term hold. This creates undercutters and paperhands. Please be wary of the Market! Try and enter in at a price that fits you!
Background
Soldecoder struggled in secondary success after mint. Not many looked deep into the project, while many over looked at the potential of what the project is today. Soldecoder went as low as 0.68 SOL.
Though, with many improvements and many developments this project fit right into the builder meta. Loads of builder project received massive booms. Soldecoder was one of the projects that had that massive boom. At one point, they reached a height of around 13 SOL floor. That’s a 180% difference from the lowest point the highest point.
Soldecoder was able to create a strong and active community. Continuously using the tools provided while also excited for new tools that would come out at a later date. This is another reason for such a strong longevity within Soldecoder. Creating more and more products to keep holders to actually hold the project.
When you give a holder a reason to hold, they find no reason to try and sell the project! Just to also let you know, Soldecoder is under the communi3 ecosystem as it was acquired.
Tools, Tools, and Tools
Building is good, but building tools that will keep holders to stay are great. That’s the difference with many of these projects now. Most of these type of projects end up dying out because of the lack of recognition. Though, Soldecoder managed to stay afloat regardless of whether or not it’s the builder meta.
Soldecoder is basically the “Google” of the NFT space. They have their own search engine specifically for NFT projects. You are able to receive information based on the projects that you search on, this could be extremely important for people who are interested in buying into an NFT project.
They also have other tools like “Today’s Mints” or “Tomorrow’s Mints”, this provides information on upcoming mints with links and a description on it being botted or not. This could be extremely useful to depict the projects fake hype.
They recently added Seamless, which is literally it’s name. A seamless way on giving away WL spots from your project or gathering WL spots for your DAO or project. The best part is that it’s free, anyone will be able to use this with no charge. They were able to release their own app for Apple and Android users. Making information on the go.
Well, builders always end up going down because look at FFF. FFF didn’t know how to limit themselves. They provided everything for free and left barely anything exclusive for holders. Soldecoder knows its limits and provides loads for the holders and some for the community. Creating an equal balance that keeps people in the project.
