Rarity Rankings
The rarity of an NFT is determined by how uncommon it is compared to other NFTs in the same collection, and is a commonly used concept in collectible or generative art-type NFT projects. Rarity is often used to ascertain the value of a specific NFT within a collection. The rarer the NFT, the higher its price tends to be, and as the floor price of a collection increases, the rarer NFTs also tend to increase more in value than the average of the entire collection. Rarity plays a crucial role in the NFT market since it can impact the value and demand for a particular token. As each token is limited to a specific number across the collection, some are statistically harder to come by. Therefore, understanding how to spot and evaluate rarity is essential for investors in making informed decisions when buying or selling NFTs. The rarity of the Dogs of Elon Genesis collection is based on the official ranking algorithm provided by our exclusive Rarity Ranking Partner, Rarity Sniper. Their algorithm considers 11 different weighted factors, including the number of traits each NFT possesses as well as the weighted rarity of each trait relative to collection. The algorithm has established an official rarity number for every NFT in the collection.
Overall, there are 9997 NFTs in the collection, and each one has been assigned a unique rarity score based on its individual traits and overall rarity.
Sub Collections
Within the Dogs of Elon Genesis Collection there are three limited sub collections that contain extremely rare and are highly sought after. The three collections are as follows:
Zombie collection - The Zombie collection is comprised of only 68 NFTs in total. Zombies are identifiable by their dark green fur and bloody mouths which is unique to the zombie sub-collection. All Zombie dogs also have the Bored eyes trait.
Alien collection - The Alien collection is rarer than the zombie collection with a total of only 31 Alien NFTs available. Aliens have a unique bright green fur and the alien eye trait that sets them apart from other dogs in the collection. Alien Dogs are rated at least 69/9997 in the collection.
Dogfather collection - The Dogfather collection, sometimes just called the Elon Collection, is the pinnacle and flagship of the entire Dogs of Elon Collection. They are the rarest sub collection with a total of 30 unique 1 of 1 NFTs. Each Elon has embodies some aspect of Elon Musk’s life, experience, mood, or personality. Dogfathers have a trait called 'Edition' that is unique to the sub collection. Each Elon is individually numbered with an Edition trait from 1 to 30.
It is important to remember than even though rarity can have an effect of the price of an NFT it is not the only variable. Everyone has style preferences and a clean slick trendy dog can be prized for its appearance even if it has a common ranking.
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