by Tony Fantano
1.
In October 2021, I listened to a Twitter Space about Meerkat Millionaires Country Club, a NFT collection that, at the time, was on the verge of launching on the Solana blockchain. Collectors had to pay .75 SOL (approximately $153 at the time) to be part of the “presale airdrop.” The Twitter Space’s host started the countdown: ”10, 9, 8…” and when he got to zero the market was open. This sale of Meerkat Millionaire NFTs was one of the first major collections to ever be minted on the Solana blockchain.
All the speakers in the Twitter Space started shouting at their screens, “oh fuck, oh fuck,” “I got one!” “Anyone else have trouble minting?”
And then: “What’s the gas if I mint more than one?” “Gas is low on Sol, is there a mint limit?” “How many did you get?”
Like birds picking at easy prey, the…