Very Tech: Mother of All Utilities
Introduction:
Utility / Builder meta is on the rise in the NFT space. So what do we mean by this? A builder project always tries to build something for its community as well as for the whole ecosystem.
Owning an NFT gives user an access to a tool or a site of products in space which can be used by the owner. Better proposition is when other NFT enthusiasts in the space can also start using the product and product generates revenue. In the later case, NFT owner can receives special benefits being the holder.
There are a few players in space whose platforms are in huge demand. For example like Blocksmith Labs (Mercury Platform) and Atadians (web3 credit score process).
Many projects offer mint bots, sniper tools etc. Sol Decoder has even forayed into building Whitelisting tools. PengSOL is coming up with its auto mint feature.
There is a niche area though, which is in heavy demand right now, which is NFT-Analytics. There are a few players like Smart Sea Society which do this effectively. They monitor floors, provide alerts for users to when volume rises for any listed NFT projects. Users can use the data to make decision to buy sell.
Now , coming to the Problem in hand. All products work in Silos. User has to access different portals or tools for different purpose which is cumbersome. What if most of the tools or most of the utility platforms are clubbed under one portal? A true aggregator should be able to consolidate all information and provide users all benefits. Also it should be able to monitor user’s portfolio and calculate P/L.
Very Tech
Here comes Very tech. It brands itself as “The True AIO aggregator and Toolkit”. It provides a lot of utilities under one roof such as fastest minting and sniping tool over Solana and relevant data analytics for users.
NFT Analytics:
Very Tech portal can fetch on-chain data and work on collection details. It tracks mint calendars, rarity, drop calendars. User need not be logging into each and every NFT discords to fetch such data. Everything is available on your fingertips. Seems crazy !!!!
Live Feed Monitoring:
Watching Live feed of NFT sales/Listings/De=listings based on rarity is a cool feature. Very Tech pulls in data from popular trading markets: Magic Eden, Coral cube etc. for this feature, It can even provide discord notifications to users if opted for the same.
Imagine, getting a notification when rare collections of your favorite NFT is getting swept. (We know first the rares get swept and the floor). It helps you to prepare in advance.
Live mint monitoring service is also provided. This helps one to take decision whether to mint a certain project or not based on the progress of the mint.
Automation/ Snipers / Mint Bots:
This is an integral part of NFT ecosystem. Everyone needs access to some bot or the other to compete with others. Very Tech has built one of the fastest Sniping/Minting bots in the ecosystem. More importantly, The sniping and mint features can be extended to Ethereum as well. This is on the roadmap.
Snipers can target rarity tiers, floors as per user preference. Civic support and Captcha harvester is also provided by default.
Future Roadmap:
This is where the game gets interesting. A whole set of utilities is planned around the ecosystem including sweeping monitor, Whale Fomo Monitor, real time FOMO index, bulk execution to Sweep/bid/delist, providing on screen alerts on Volume change, Floor Price fluctuations, Sales Number etc. As mentioned earlier, team is planning to release a ETH module and extend the application cross-chain.
Additionally, the team will build apps on ios/android to let users take fast actions through mobile. Team also plans to extend to other blockchains such as Tron/Optimism/Near .
Very Tech is eying big investments and would later build its own Launchpad in future. That’s planned for 2023.
Team has a huge and Ambitious roadmap as we can all see.
Benefits for Holders:
Very Tech passes are of three categories i.e. Founder Pass (200), Pioneer Pass (400) and Degen Pass (1888) and all have different mint prices.
Founders pass (Public mint 25 SOL | WL Mint 20 SOL ) is rarest of them all. It guarantees revenue sharing from products and any investments the Very Tech Fund (DAO’s own investment fund). This will be the most sought after thing and may not be for everyone.
Pioneer Pass (Public mint 15 SOL | WL Mint 10 SOL ) is next best option where holder is guaranteed a passive income from Very Tech Fund’s profit sharing. Here. The user doesn’t get a share of the product revenue.
Degen Pass (Public mint 4 SOL | WL Mint 3 SOL) Here there is no profit sharing. This is for users who trade NFTs daily and may need quality bots and sniper access.
Take:
Completely under hyped but one of the best utility plays I have seen from Sometime. Team is Doxxed. Founder himself is a Master in Computer Science and Engineering at University of Sydney and has researched on on IoT, web technologies and blockchain.
Even Degen pass will have a lot of value for users. Pioneer and Founder mints might be costly but benefits are immense. In teams own words, these NFTs will create huge values for holders in near future. Worth taking a shot.
As, ratings and evaluations pour in, floor price is expected to rise for all passes. Best play would be getting one of Pioneer / Founder’s passes and hold on for passive income and a degen pass for flipping later. Since, this is a new project please #NFA #DYOR.
Links:
https://tech-very.gitbook.io/very-tech/vision-and-responsibility/roadmap