🔬Rarity Log
Official rarity applied to all DROP products.
The traits are composed of the following:
Background
Minting Number
Let’s decompose what this means:
Background
represents a standard color or style used at the base layer of the NFT. They will be accented by the partnering NFT project’s in some form of fashion. More details will be made once the partnering NFT project is announced.
Minting Number
This is a number assigned to all products released within any collection. These numbers will range from #1–326 for each product. The distribution model will be linear, meaning the rarest mint is #1 and the least rare mint is #326. In order to interact with the metadata and associate the minting number with a rarity, we have created a percentage allocation.
E.g. Sammy bought a product. This product was mint #5. The rarity percentage of this product sector is 1.53%.
Each trait follows its own distribution model, which empowers the significance of the collectible to truly be in the perception of the Holder or potential buyer. These ratings are based on public sale items.
Let's filter it out!
filter items by transit status and availability:
Grail status is a way of purchasing the NFT, but not redeeming the Physical linked collectible. This enables the user to transfer the item for direct resell once applicable. Having a grail item represents the physical redeemable being available. If an item is listed as Grail, it is being sourced directly from Faktüry. This option will be available at checkout.
Hood Star status is when the physical collectible is listed for resell, though remains with the recent purchaser (delayed). In the case there is a buyer, the holder will ship it to a Faktüry certified location for item verification. Once verified, we will unlock resell functionality to the buyer.
This mechanism will take effect prior to DROP 1 (second release), the exact date is TBA.
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