This is a really great example of the current situation with NFTs.
But there are collections coming every month or two that makes the actual difference and all.
And it will continue like this, you just need to find the NFT or the project that is making the difference.
But there are collections coming every month or two that makes the actual difference and all.
And it will continue like this, you just need to find the NFT or the project that is making the difference.
TLDR:
If you want to know if an nft is going to thrive, just identify who’s buying and whether they exist above or below the red line.
2021-22 nft was a bubble formed by a specific group of crypto native who got rich from crypto bullrun, result of abundance. Most of the people e red line, who’s basic needs are well taken care of. The top nfts were completely unobtainable for most people outside that bubble. Floor prices were high, gas were high, common folk couldnt even participate. They were looking up the sky to nft gods for the occasional crumbs.
Fast forward few years, gas is dirt cheap. Entries and floors are low. People who couldnt afford to participate before flocked to web3 in droves to make money. Anyone can mint nfts
Now, most cheap/free and new mint have a segment of new audience compared to 2021 nft run. The ones below the red line. You cant tell someone whose basic food necessities not met to hold a jpeg, it just doesnt make sense for them. Its literally impossible for them not to eat.
Jpegs are Veblen goods. Higher the price, higher desirability. Why apply maslow here? Just makes it easier and clearer that moving forward the digital art jpeg era will be super easy to navigate.
- Only a handful of legacy projects left surviving and each of their value proposition is clear as day
- luxury sought after art is easy af to identify (vol, collectors, premiums, artist’s legacy)
- slops, scams, cashgrabs, cheap and low effort nfts main target audience = burger grinders, minters to flip for tonights dinner meal, demographic = iykyk (no hate, just reality)
- cheap and low effort launches = no better than useless memecoins to satisfy jpeg burger flippers need to flip for cents
Easier mode than 2022 where most jpeg traders didnt know where its headed
- crazy fps that didnt make sense
- fomo buying moonbirds at 40e despite kevin rose being a well known scammer
- crazy otherside land fomo
Now we know:
- historical nfts: punks etc
- trustworthy legacy projects: bayc
- digital art leaders: beeple, sam spratt, jackbutcher, xcopy, artblocks
- up and rising: iykyk(only a handful)
TLDR:
If you want to know if an nft is going to thrive, just identify who’s buying and whether they exist above or below the red line.
(Writing this for myself)
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When you see @0xQuit buying his own project NFTs that means the Abstract Chicken project is pretty undervalued here.
Quit also told that few weeks are left before the actual survival game starts.
So stay active and ready for it.
For me, only asset right now in Abstract is Abstract Chicken.
Quit also told that few weeks are left before the actual survival game starts.
So stay active and ready for it.
For me, only asset right now in Abstract is Abstract Chicken.
Trying to get myself more chickens.
Went to use relay, slippage is too high.
Went to official abstract bridge, routes to relay.
Went to the official-but-hidden native abstract bridge, frontend misquotes gas so bridging is broken.
Hand built a tx with proper gas and bridged ~1 ed a chicken went through hell and back to get one, thank you guys for that.
Anyway, I'm now the highest offer among any given trait, so if you were going to sell your chicken please do it now.
And man I can't wait until these things are on Ethereum.
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Gm everyone
Great start of the day with Farming Season performing well.
A lot of people were whining about the overallocation of GTD but it easily went to FCFS and all.
The token hit another new ATH of 1.5M.
Maybe Robinhood season 2.O?
Great start of the day with Farming Season performing well.
A lot of people were whining about the overallocation of GTD but it easily went to FCFS and all.
The token hit another new ATH of 1.5M.
Maybe Robinhood season 2.O?
Minted my @farmingseasonio that I won through collab giveaway.
Nowadays we are not seeing a double digit floors so did pretty good than normal expectations.
I am going to hold for now as the supply is pretty low and can move higher from here.
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I was pretty excited to joining the @FunkariNft alpha caller team when TMA approached me.
There was a trial from the team and I got finally selected as the alpha caller for Funkari.
Thanks to @whoisneks @Tma_420 and whole Funkari family.
Let's make it big from here!
There was a trial from the team and I got finally selected as the alpha caller for Funkari.
Thanks to @whoisneks @Tma_420 and whole Funkari family.
Let's make it big from here!
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Minted my @farmingseasonio that I won through collab giveaway.
Nowadays we are not seeing a double digit floors so did pretty good than normal expectations.
I am going to hold for now as the supply is pretty low and can move higher from here.
Nowadays we are not seeing a double digit floors so did pretty good than normal expectations.
I am going to hold for now as the supply is pretty low and can move higher from here.
The token of @farmingseasonio is crazy, new ATH of 1.1M and it is happening just before the mint.
What's cooking?
Last collection was ComputerRh and the token was not actually performing well before the mint.
Maybe a cook loading?
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People were doing FUD and all for the BAYC Apefest.
The people who went for the ApeFest got free box of 24 packs and all.
The floor of each pack is currently 84$ and also @AdamWeitsman announce yesterday he will give 100k$ to the person who pull the first unique 1/1 from the
The people who went for the ApeFest got free box of 24 packs and all.
The floor of each pack is currently 84$ and also @AdamWeitsman announce yesterday he will give 100k$ to the person who pull the first unique 1/1 from the
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The token of @farmingseasonio is crazy, new ATH of 1.1M and it is happening just before the mint.
What's cooking?
Last collection was ComputerRh and the token was not actually performing well before the mint.
Maybe a cook loading?
What's cooking?
Last collection was ComputerRh and the token was not actually performing well before the mint.
Maybe a cook loading?
So today's most anticipated mint is @farmingseasonio
The token is currently at 569K FDV and ath was around 880k FDV.
It is a complete free mint with 1.1k supply so don't forget to check your wallets on checker and get positioned for it.
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So today's most anticipated mint is @farmingseasonio
The token is currently at 569K FDV and ath was around 880k FDV.
It is a complete free mint with 1.1k supply so don't forget to check your wallets on checker and get positioned for it.
The token is currently at 569K FDV and ath was around 880k FDV.
It is a complete free mint with 1.1k supply so don't forget to check your wallets on checker and get positioned for it.
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Selective people good cook for those who were selected on @SeattleSale Fleshlings collection.
Although 16 peoples didn't have time to mint their allocation.
GG.
Although 16 peoples didn't have time to mint their allocation.
GG.
Only mint that I am watching today as it is hand selected WL collection.
Supply is only 100 and the art is something really different.
Let's see how it goes.
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Gm everyone
Got my X payout for the last two weeks.
It has been a relatively slow week for NFTs but there were still some cooks like Yield Field, Paper Dao etc.
I was also caught up with the festival and all so I could not be active as I wanted.
But I am getting back from locked in, catch up and get ready for the upcoming mints.
Got my X payout for the last two weeks.
It has been a relatively slow week for NFTs but there were still some cooks like Yield Field, Paper Dao etc.
I was also caught up with the festival and all so I could not be active as I wanted.
But I am getting back from locked in, catch up and get ready for the upcoming mints.
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Best traders of NFTs, this is the best chance to make your name on Opensea.
Opensea is providing 1k$ to the traders who will take on a chance to make 10x and show their skills.
Opensea is providing 1k$ to the traders who will take on a chance to make 10x and show their skills.
Make your name on OpenSea Mobile.
We’re funding 10 traders with $1K each to take on the $1K → $10K challenge and document their journey using OpenSea Mobile.
Got what it takes? Show us why it should be you.
How to enter below 👇
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Took 2 hours for the sold out for the collection but people really minted it in the end.
Ossen motion is big for artist collection looks like.
Ossen motion is big for artist collection looks like.
Damn OSSEN minted 1k supply from the 4.5k supply of @amber_vittoria collection.
Ossen randomly went and promote an artist project that nobody was watching and now people are minting it because of it.
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Not lucky enough to get a 100x from my purchase and mint tickets but got 5x on one of my ticket.
I feel like still lucky enough to receive atleast one of the epic pieces from @ptsdshow
HOW LUCKY YOU GUYS WERE?
I feel like still lucky enough to receive atleast one of the epic pieces from @ptsdshow
HOW LUCKY YOU GUYS WERE?
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Damn OSSEN minted 1k supply from the 4.5k supply of @amber_vittoria collection.
Ossen randomly went and promote an artist project that nobody was watching and now people are minting it because of it.
Ossen randomly went and promote an artist project that nobody was watching and now people are minting it because of it.
1000 Earthlings by @amber_vittoria
Now part of the OSSEN Collection
Minting now 👇
opensea.io/collection/ear…
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Only mint that I am watching today as it is hand selected WL collection.
Supply is only 100 and the art is something really different.
Let's see how it goes.
Supply is only 100 and the art is something really different.
Let's see how it goes.
GOOD MORNING!
IT'S MINT DAY!
If you are eligible to mint, please know you have 24 hours to do so at your earliest convenience.
If you are not eligible (like me), I encourage you to join me in floor watching and bidding because no way I personally am missing my own reveal?!
in my bio, do not trust any links outside of there + Discord 🙂
Have a great day!
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So finally the @conso_xyz raffle results are out and got 2 more BOTS from the 2nd phase of raffle.
Feeling a little lucky on this, now let's see what comes next and how to make my bots work and all.
Feeling a little lucky on this, now let's see what comes next and how to make my bots work and all.
CONSO BOTS Raffle results are live 🎟️
Phase 2 & 3 results are finally out! Check your allocations and see if you got lucky
With very limited spots left, extreme demand at launch caused the X API to crash, impacting the claim process
Thank you to everyone who participated
Now get to work 🤖
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Minted this art collection from @WalaatbP
Not much supply and looks cute to me.
Mint is around 0.03 ETH and around 44/48 minted.
I was watching it for something before deciding to mint.
Not much supply and looks cute to me.
Mint is around 0.03 ETH and around 44/48 minted.
I was watching it for something before deciding to mint.
🍃 PUBLIC SALE is now live
PHASE I — THE FIRST 50 REMNANTS
- Price: 0.03 ETH
- Limit: 1 mint per wallet
The winds will remember 🍃
Mint here 👇
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Damn @osseneth bought another Cryptopunk just like that and this time, it was a female one.
It cost him around 62 ETH that's around 148k$.
Some people were really comparing him with CZAR lol.
It cost him around 62 ETH that's around 148k$.
Some people were really comparing him with CZAR lol.
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Delusional people who think they can make it in one trade.
This whole system of pumpfun is a scam and filled with ruggers who are extracting from you guys.
Still people will defend this and said it was a hack and all but actually it was completely planned and all.
This whole system of pumpfun is a scam and filled with ruggers who are extracting from you guys.
Still people will defend this and said it was a hack and all but actually it was completely planned and all.
- makes a post with a QR shilling a token
- goes to $15M Mcap
- gets Pump Fun’s founder Alon repost
- apparently the account is now hacked
- token instantly rugs
- Alon unreposted
- Kimchi deletes PumpFun from his bio
All in just 1 hour, insane levels of crime
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