Fidelion: a month in review
As the creative studio behind Fidelion — we’re proud to share the milestones our post-apocalyptic IP has achieved during its first few weeks since launch. Let’s dive into Fidelion’s successful mint out, secondary trading volume, and staking participation rate.
Mint Out
Our dedicated team worked tirelessly to curate lore and art, with nearly 600 story-telling traits, to be generated for the 9,000 Fidelion NFTs.
The distribution was split into three main categories:
50% — Holders of CyberWave NFTs, Tidal Flats’ first production, had a 4-month registration period to redeem their NFTs for Fidelion NFTs for free, at a 2:1 or 1:1 ratio, depending on whether the NFT had ever been staked.
35% — Presale allocation. 2 SOL mint price to reputable DAOs.
15% — Whitelisting allocation. 3 SOL mint price to community contributors. The last 500 FCFS supply was sold in less than 20 seconds.
Secondary trading
After going live on marketplaces, Fidelion was met with much buy pressure. On launch day, Fidelion became the #9 most-traded project across any blockchain on the 24-hour leaderboard, sorted by volume.
At the time of writing, May 17, Fidelion has exceeded 34,000 SOL marketplace volume in just 23 days after launch. Combining mint price with secondary trading, the overall volume for Fidelion is above $1m.
Measured in SOL, the Fidelion collection entry price on May 17 is:
- 4.5x CyberWave mint price (0.88 SOL)
- 2x Fidelion presale mint price (2 SOL)
- 1.5x Fidelion full mint price (3 SOL)
Fidelion currently sits at a listed supply of less than 7%, a number that is outperforming industry standards for a new project like ours.
Fidelion has already established a strong core community with a true appreciation for its storytelling capacities and business model. Every week so far, we’ve had record-breaking sales. On May 15, Fidelion had 2 of the 3 most expensive sales of all NFT projects on Solana.
NFT Staking
Staking is the most important aspect of getting the Fidelion NFT connected to its overall ecosystem, and it’s a measurement of community conviction.
Over 70% staked supply at this early stage is a number we’re very proud of.
The Future
This past month, we’ve successfully established a strong foundation for future growth. With a very small portion of our long-term roadmap being activated, we’re hopeful for the future as we integrate revenue-making products into the Fidelion brand.
The first significant product being Mega Road — action in the desert. A cute casual mobile game intended as our first step to onboarding the masses.
