NFTs, or non-fungible tokens, are unique digital assets that represent ownership of a specific item or piece of content. These tokens are securely encrypted on the blockchain, making ownership verifiable and tamper-proof. While NFTs can represent any digital item, most of the NFT market today revolves around digital art and collectibles.
SupDucks is a collection of 10,000 unique NFTs featuring 90’s themed, cartoon-like ducks. Built on the Ethereum blockchain, these ducks sold out within 48 hours of their release. Each SupDuck’s hand-drawn features are determined shortly after a verified transaction, when the SupDuck egg hatches.
In 2017, Larva Labs created CryptoPunks, a pioneering NFT project featuring characters with randomly generated traits. CryptoPunks have inspired numerous NFT projects and are often credited with igniting the rapid growth of the NFT market. Like CryptoPunks, SupDucks are procedurally generated, but with a unique twist: their character elements are randomly selected from a collection of hand-drawn items.
To learn more about CryptoPunks, including market trends, the creators, and famous owners, read our detailed CryptoPunk breakdown.
SupDucks are celebrated for their artistic, hand-drawn appeal. The collection has seen significant Ethereum transaction volume and previously ranked among the top 10 collections on OpenSea by trading volume during the bull market back in 2021. Just days after their launch, SupDucks were ranked fifth on OpenSea in terms of Ethereum exchanged.
Who Created SupDucks?
SupDucks were brought to life by a dedicated team at MegaVoltCorp, consisting of five individuals with the most prominent figure among them being Franky Aguilar, known in the crypto art world as FrankyNines. The other team members, known by their Twitter handles, include @stronkwonk, @notanumber, @Xiggalo, and @100xluis.
Despite the creators keeping much of their personal information private, the artistic appeal of each SupDuck has captivated many. The hand-drawn features, combined with the rarity and unique traits of each duck, have played a significant role in the project’s success.
Franky Aguilar stands out as the most notable creator, with a track record of developing popular apps that have amassed millions of downloads.
Reflecting on the inspiration behind SupDucks, he shared, “Some of my Twitter followers actually inspired this art project reboot. I did my first original SupDuck NFT mint in 2019 on an iOS app called Editional, and the project attracted a significant following. With this 2021 NFT art drop, each SupDuck NFT offers a funky and dope personality that will hopefully brighten up someone’s day. It’s time the art world let loose and got a little silly – that’s what this project is all about.”
How Much Do SupDucks Cost?
All of the 10,000 SupDucks were originally minted on the SupDucks website and can now be purchased on secondary markets like OpenSea. Immediately after minting, SupDucks ranged in cost from 0.1 to 0.7 ETH. Currently, SupDucks sell for about 0.02 ETH.
Within the first five days of the SupDucks drop, the average price for a single SupDuck was around $950 USD. The collection quickly amassed approximately $3.7 million in trading volume.
However, a few years later, the market dynamics have changed. According to recent data from OpenSea, SupDucks have a trading volume of 8.55 ETH and a total of 244 sales over the past 90 days.
The floor price has stabilized at 0.02 ETH, indicating a more mature and stable market for these much less valuable NFTs.
What Features Do SupDucks Have?
SupDucks boast a variety of unique features that enhance their appeal and contribute to their value. Each of the 10,000 ducks in the collection is distinguished by a combination of rare traits, making some more desirable than others. Here’s a breakdown of the key features:
- Backgrounds: Only 16 SupDucks have distinctive backgrounds, adding an extra layer of rarity.
- Skins: There are 18 different skin types, each with its own unique pattern and color.
- Clothes: 38 SupDucks are adorned with exclusive clothing items, making them stand out in the collection.
- Hats: Another 38 SupDucks feature various hats, ranging from common styles to rare, coveted pieces.
- Mouths: 27 different mouth styles add character and diversity to the ducks.
- Eyes: Unique eye features are present in 27 SupDucks, giving each a distinctive expression.
- Super Ducks: The collection includes 10 ultra-rare Super Ducks, which are highly sought after by collectors due to their exceptional traits and scarcity.
These carefully crafted features not only enhance the visual appeal of SupDucks but also help in driving their value in the secondary market. Collectors often seek out ducks with rare combinations of these traits, contributing to the dynamic pricing and trading activity within the SupDucks community.
How to Buy SupDucks
Purchasing a SupDuck is a straightforward process that involves three main steps:
1. Set Up a Digital Wallet
To interact with the Ethereum blockchain, you need a digital wallet. MetaMask is the most popular choice due to its user-friendly interface. If you’re new to MetaMask, check out our detailed guide on setting up and using it.
2. Acquire Ethereum (ETH)
You’ll need ETH to buy a SupDuck and cover the transaction (gas) fees. You can purchase ETH directly through MetaMask using a debit card or exchange other cryptocurrencies for ETH. Alternatively, you can buy ETH on platforms like Coinbase and transfer it to your MetaMask wallet.
3. Purchase a SupDuck
Once your wallet is funded, head to a secondary market like OpenSea to buy your SupDuck. Connect your MetaMask wallet to OpenSea, browse the available SupDucks, and complete the purchase by paying the required ETH and gas fees.
Additional tips:
- Gas Fees: Transactions on the Ethereum network incur gas fees, which can vary based on network activity. Ensure you have extra ETH in your wallet to cover these costs.
- Smart Contracts: The purchase process is secured by smart contracts, which automate and verify transactions on the blockchain. For a deeper understanding, read our article on smart contracts.
If you’re interested in learning more about the largest NFT marketplace, OpenSea, our complete tutorial will guide you through the process.
I hope you found this article informative and continue to stay informed with NFT Explained. You can also find us on YouTube!
If you wish to support our educational mission and protect your digital assets, please consider collaborating with our partners by purchasing a Ledger hardware wallet!