What Is Solana Monkey Business?
Solana Monkey Business (SMB) is a collection of non-fungible tokens (NFTs) on the Solana blockchain. The collection features pixelated images of cartoon monkeys and includes various generations (Gen1, Gen2, and Gen3). SMB is one of the oldest and most valuable collections on Solana.
Background
Solana Monkey Business came to market in 2021. However, due to a dispute over royalties between NFT holders and the original launch team, Hadeswap purchased the SMB IP from the original creators.
How It Works
The SMB collection consists of different generations of Monke NFTs, each with unique characteristics and features. Gen1 is a collection of space-themed monkey NFTs, while Gen2 comprises 5000 randomly generated pixel monkey NFTs. The recent Gen3 collection has 15,000 visually stunning pixel art Monke NFTs. Several commemorative NFTs were airdropped as part of various promotions.
Each SMB generation is launched in phases. For instance, the SMB Gen3 launch included a public raffle, SMB Gen2 Gated Mint, MonkeDAO Presale, and auctions. SMB Gen2 holders had exclusive opportunities to acquire the new generation of monkeys, which are gradually auctioned off over time. The metadata of the SMB Gen2 collection is stored on Arweave, a decentralized data storage solution, ensuring that each monk is unique.
Key Takeaways
- Solana Monkey Business is a collection of non-fungible tokens (NFTs) on the Solana blockchain, known for its pixelated images of cartoon monkeys.
- There have been disputes around royalties between NFT holders and the original launch team, resulting in Hadeswap purchasing the SMB IP from the original creators.
- The SMB collection consists of different generations of Monke NFTs (Gen1, Gen2, and Gen3), each with unique characteristics and features.
- Each SMB generation is launched in phases, with opportunities for previous generation holders to acquire new Monke NFTs.
- The metadata of the SMB Gen2 collection is stored on Arweave, a decentralized data storage solution, ensuring each Monke’s uniqueness.
