The STATUS NFT collection comprises a total of 25,050 NFTs intended to represent social status symbols. The STATUS hierarchical structure consists of three main status groups (Elite, Privileged, and Commoners), two outliers (Gods and Deplorables), and one isolated status group (Outcasts).
The main status groups of the STATUS hierarchy model are Elite, Privileged, and Commoners. These status groups are distinguished by specific colors. Elite are represented in white, Privileged in black, and Commoners in red. Each of these main groups consists of three subgroups with varying levels of dominance, wealth, and prestige. The subgroups are differentiated by geometric shapes, ensuring visual distinction. The square shape represents dominance, the circle shape represents prestige, and the triangle shape represents wealth.
The STATUS hierarchy model includes two outlier groups: Gods and Deplorables. Gods exhibit the utmost levels of prestige, dominance, and wealth, while Deplorables lack any of these attributes. Gods are exceptionally rare, with only 50 available NFTs; therefore, they are priced at the highest initial floor price. On the other hand, Deplorables are the most common NFTs in the collection, and as a result, they have the lowest initial price. Deplorables have a unique value proposition, as they can be sent to others to express contempt.
Outcasts are a socially isolated group that does not belong to the standard hierarchical system. Members of this group are represented by a diamond shape and possess various levels of dominance, wealth, and prestige. Diamond NFTs represent those who have moved beyond the conventional hierarchical system and prefer to live in their own microverse. The Outcasts group consists of three subgroups, each distinguished by unique colors. The initial floor price has been set based on the levels of dominance, wealth, and prestige.
The rarity and initial floor price of each STATUS NFT reflect its position within the STATUS hierarchy model. Higher-ranking STATUS NFTs are scarcer and therefore command a higher initial floor price. Conversely, STATUS NFTs with lower rankings are more abundant, resulting in a lower initial price. STATUS NFTs are currently available on on the OpenSea marketplace.