My brother and I will change film forever and we start soon.
As it was written, so it shall be.
We are going to be minting and auctioning a true short film for one of the first times in this space. It may not be the technical first, but it will be the best that's been…
I sold my one and only Ape last night.
Thank you to the Bored Ape Yacht Club community for the wild ride since May 2021.
I've been Ape-less before, but this feels like the real thing - I don't see myself buying back in for the foreseeable future.
All the best.
I bought my Ape for 0.6 ETH in May at 18.
Now on first day of classes at college sold it for 35 ETH.
It’s been awesome. But time for some new projects.
And yes, I did just sweep the
@MetaHero_
MintPass floor with all of my ETH.
@beaniemaxi
@Gfunkera86
I bought a Bored Ape a few days after they sold out (May 2021) and basically held until February 2022 (I traded in and out of Apes around August 2021).
I have no idea how holders aren’t absolutely furious with what the BAYC team has done to the project. Some thoughts:
I was…
Do not sell your Ape.
I guarantee you the Ape floor crosses $10M in our lifetime.
What we’re about to see is mass Integration of Apes across Web3, otherwise known as the future, exponentially increasing its ability to be used as a status symbol and social proof.
🧵
On my second entry to the Bored Ape Yacht Club, I chose to buy an Ape that not only I enjoyed, but I found to be a great piece of art.
Ape 1338 is an artwork that depicts an Ape aware of his own demise as a Zombie. With nothing to be done, he begins to cry.
I think Doodle Labs' Genesis Collection - The Family Mooks - is possibly the most slept on NFT project in the market right now.
I explain why in my most recent newsletter:
🦊
I’d like to take this moment to welcome all of my new followers over the last 24 hours.
I look forward to providing you all with as much value as I can.
Let’s see how far we can go and how much we can achieve on this Web3 journey together.
Mr. Fox 🦊
@RaoulGMI
In relation to that, I got my win. I bought Apes practically at 0 and don’t want to hold them at 0. I’m a first-year college student - I’d rather spend time finding the next thing I *know* will win than holding something I think *may* go up. End of thread.
Today we welcome 'Pop Art' from
@lphaCentauriKid
's The Broken Keys series to the family collection.
We look forward to holding this brilliant piece of work for a long time.
To me, The Broken Keys will (if it doesn't already) exist as one of the most appreciated fine art works…
@RaoulGMI
A number of reasons. This will take a few tweets.
1. Fundamental outlook. NFTs have been widely accepted to be in a bubble for a while now, interest rates look to be rising, geopolitical tension rising. Feels like the universe telling me to take my money and run.
If we agree that Moonbirds will be trading at a roughly 6 ETH floor on secondary, than those who won the raffle today have essentially won 3.5 ETH (over $10k) for free.
There was a 25% chance of winning the raffle.
Insane.
The Nakamoto may be the single greatest work of tokenized art:
it is the combination of crypto’s two most potent memes (Satoshi and Pepe) and opened the door for digitally authentic art to prosper.
By now you should know that I’m a straight shooter - I am part of no tribe, only…
I am most bullish on
@themetakey
right now.
Why?
They are organically and concretely building the most intelligent community in all of NFTs.
And the product is genius.
🦊🦊🦊🦊🦊🦊🦊
Apes,
Across a long enough time horizon, the greatest ideas experience exponential growth
and the worst ideas often go to 0.
@BoredApeYC
is clearly one of the greatest ideas in the space.
Hold your Ape.
Build around it.
And you will have a spot in Valhalla.
🦊.
With only 35 holders with 2 or more Nakamoto cards, unique ownership stands at 88%.
Much of the supply is considered permanently lost.
It is widely agreed on as the birth of cryptoart.
You may draw your own conclusions.
I recently picked up a Chimp for a lot of the reasons
@Snarfist
discussed below.
I’m broadly against PFP projects at this point in the cycle, but Chimpers at 1.5 ETH floor was too much value to pass on.
Many NFT projects have failed during the bear, few have succeeded. It's extremely difficult to launch a successful project now - the rules have changed. The new gold standard, the blueprint for others to follow is
@ChimpersNFT
. I'm more bullish than ever 🧵
Apes,
Last night was a Hell of a party,
but I don’t remember what happened...
One minute I was manning the Yacht, and the next I wake up blindfolded with this Hip Hop gear on.
You gotta help me figure out what happened.
Were you there? What happened last night?
🦊
@RaoulGMI
2. Personal portfolio management. Considering all of the above, it doesn’t make sense to have so much of my NW in one asset. Further, there are much better multiples out there I can earn on my now freed up capital than holding it in an Ape.
Definitely didn’t love the
@avant_arte
Warothy drop today.
Excuse me if I say that I’m pretty suspect that a raffle of 25 landed in the hands of so many collectors with large followings on this platform…
No provably fair raffle mechanics either.
Apes,
The best way for our Apes to appreciate in value is through us, not through the developers.
Grow your followings.
Build a narrative around your Ape(s).
Tell your friends about Apes.
Explain to them the prospects of the Metaverse.
Bask in the coming dominance of Apes.
I think these are going under the radar.
@osf_nft
has quietly built a loyal following. With almost nothing else new and of quality in the market, I could see these doing very well.
Personally, I look forward to picking one up simply because I really like the art.
The last few days in digital collectibles has seriously changed my outlook on prices, likely because this is my first bear market in this ecosystem:
At the start of the bear , lots of people (probably including myself) loved to talk about just how quickly liquidity was going to…
When the SEC goes after Coinbase, a company that is clearly not a threat to consumers nor breaking any laws, that’s all the confirmation we need that crypto is very real, and the government is very scared.
It might seem like a step backwards, but to me it’s a large one forward.
I wrote this article outlining the bull-case for
@doodlelabs_io
, not sure you've seen it
@beaniemaxi
, but Mooks up 100% since you entered them a week or two ago. Perhaps it's time to put them onto another 0 to 1 progression in NFTs like u did w Wolf Game?
Toadz, I want to start an initiative inspired by the open domain of our project.
“Toad Benefitz”
Toad Benefitz are
*Toad Exclusive Benefitz Offered From One Toad Owner To The Rest Of The Swamp*
The goal - intensified !vibez
Don’t sell your Ape.
The above is what we’re betting on, not on a token and not on a P2E - these are nothing but pastimes.
Don’t do something you may come to regret.
HODL on forever where others couldn’t, and see how deep this Rabbit Hole goes.
🧵
@RaoulGMI
3. Psychology. Sometimes, even if you think an asset will go up, it may still make most sense to sell it. What I mean by that is I’ve been in BAYC since basically its launch, and sometimes being in an echo chamber like that can warp your perception of the market. Cont’d…
It's a Fidenza Frenzy on this Monday:
Fidenza
#456
(JumboXL, Black, *and* Outlined) sold to
@seedphrase
for 110 ETH just a few hours ago.
Just when we thought that was the action for the day, a single wallet bought two Fidenzas,
#670
for 72.5 ETH and
#525
for 85 ETH.
The visceral and childish reaction to Jerry Saltz is embarrassing, lol
The members of this space are so fragile that they can’t accept a single opinion of dissent
I actually think Jerry, intentionally or not, gets at something very interesting.
There’s an obsession with…
Congratulations to my 13 year-old sister who just used her M2 Serum on her Prom Dress Ape (and then claimed some $APE).
She did what neither of her older brother's could do and HODLed.
Let's see if one of the youngest of the Yacht Club can continue her luck and roll a Koda...
Hard not to be bullish for $APE given the responses we’ve seen to $ENS and now $SOS.
There isn’t a community more diamond handed then the Apes, and my bet is $APE will have a lot more utility than $ENS and $SOS combined.
This is the apex NFT project.
Fountain is pleased to share this elegant set of nine Ringers we’ve assembled on behalf of a private collection. Dmitri Cherniak’s Ringers is an exceptionally complex series of generative art, built around a simple premise: How many ways can you wrap a string around a set of…
I imagine a world where business plans / ideas will be turned into NFTs by those who don’t have time to execute on them.
It will be the first time in history we will be able to truly sell ideas.
Within a few hours of launching on X, we had the seller of this piece reach out looking for a buyer.
We immediately reached to
@escipioneth
who we knew was interested.
After providing our assessment on valuation, and with the help of some friends, the deal was done in 48…
1/ Fountain—with the help of
@cryptopunknoah
—is proud to have placed Fidenza No. 188 in the impressive (and growing) collection of
@escipioneth
yesterday morning.
One quality of good art is the variance in its interpretation.
When some view The Nakamoto, they see a dank Pepe.
When others view The Nakamoto, they see a trading card that brings them back to the PvP games and collecting of their childhood.
But do you see what I see?
The…
@RaoulGMI
@xBenJamminx
Raoul, you’ve done great work in crypto so far, but you’re entirely wrong here.
DeFi is almost 100x more inaccessible to people entering crypto.
Anybody willing to spend the time researching and in Discord can figure out NFTs easily.
Not being on Discord is not an option.
With their recent Planetary DAO sale to raise funds for a AAA blockchain video-game,
@MetaHero_
by
@pixelvault_
becomes one of the only NFT hedges against the rise of ETH prices. Pointed out in Reidar by
@0xredwood
.
I expect this narrative to grow.
I currently have the highest bid on
@jakethedegen
’s ‘Personal Jesus’.
I love what the piece says to me - we must be our own saviours and that once we accept that, we can become our most powerful.
It’s also a piece that tells us to have the utmost belief in our own power.
$APE game theory is more complex than people realize.
It's not only about passing the best proposal, but also about *passing any proposal*.
To the BAYC community:
Do not debate this coin to $0.
If ApeCoin DAO cannot make smart, orderly decisions, nobody will want $APE.
First it will be Integration across technologies that are already built-out.
Think video-games, traditional social platforms, and even NFT projects.
Soon, we’ll be able to play Fortnite as our Apes.
Social platforms will build with Ape comparability and integration in mind.
Off their highs in the mid to high ETH 20s, Kodas, to some, may look like a bargain at 4 ETH.
But in USD terms, one Koda is still trading at over $8,000. Their market cap, at a minimum (not accounting for Mega Kodas etc.) is $80M.
In video-games, worlds that are today dominated…
After AR comes VR.
When The Metaverse is ready, it will no longer be a choice like above to dawn your Ape -
You will be your Ape.
And others will be their own avatars.
Seeing an Ape will be a “WTF” moment.
10 000 Apes in a sea of a hundreds of millions of avatars.
Our DAO,
@ReidarDao
, is up over 140% since our launch in November.
We have just under $1 million in our treasury.
We’re 85 members strong and our aim is simple - to become one of the most renowned investment DAOs in the world.
A Moonbird is our next step on this journey.
(1/13) ReidarDAO acquired Moonbird
#4177
at a purchase price of 7.35 ETH on the day of mint (April 16th, 2022).
At the current floor, this investment has already appreciated by over 350%.
Here’s our thesis: 🧵👇
A couple of months ago I was granted what I view as the highest honor possible for a collector, artist, and student of CryptoArt history; when I was given the opportunity to curate a complete series of Fake Rares.
Having had time to reflect, I wanted to share some thoughts…
🧵
Then it will be in tech that hasn’t proliferated yet.
First, AR. All of this will be done by smart glasses:
Soon you’ll be able to walk down the street, go to your meetings, and party, as your Ape.
Celebrities will wear Apes to award shows and athletes to their matches.
Things I'm still certain on:
- Bitcoin. It has never failed and serves just as much purpose today as when it was created
- Digital art. Collect as many grails as you can, b/c even if we're not in The Metaverse anytime soon, hanging digital art in your home is guaranteed
I can’t wait until I walk into homes and see Punks hanging in big digital frames. It feels so right to display them this way.
Holding an 80k floor in worst macro since GFC + crypto winter, the math can’t be clearer that these will be 7 figures come next bull.
The quicket way to die is to listen to people who tell you to kill your ego
This is a lie told to you by the people around you because they either do not understand your brilliance, do not know how to foster it, or simply do not want you to be better than them
In brilliant…
In between now and then?
More people will wake up to this future reality.
Many will buy and decide to HODL forever from the onset.
The funds, with billions to spend, will come in and sweep floors. They will take your Ape from you, and remove it from the supply forever.
1) the macro is still unclear, people aren't risk on yet
2) the merge is weeks away, nobody wants to be spending their ETH rn
3) no announcements means no action, slow bleed until some news and we'll see price go up again, NFT market 101
zoom out friends, NFTs not dead yet 🦊
We are ReidarDAO, the first DAO in history to pick up a RAREPEPE, otherwise known as The Nakamoto.
This thread tells you our story, who we are, and why we bought a digital card with a humanoid frog looking picture for 86Ξ ($145,843.11).
The last step will be a return to the real world.
Now, with everybody fully aware of the power of the Ape, there will be an abundance of free tickets and invitations to the hottest parties and networks in the world.
They will want to use Apes to make themselves look sexy.
If I was the owner of BAYC
#8742
, what is in my opinion *the* grail Ape among the entire collection, I would announce that *anybody* could use it for whatever they wanted.
Ideally, it would become the defining Ape of BAYC, and as result, priceless. 🦊
One of the biggest awakenings you will ever have is when you realize that 99.99% of the people you’re surrounded by are very easily beatable
You just have to be willing to put in more hours (bonus content: this isn’t that hard at all bc most do very very little work)
CryptoPunks have been flat through all of this chaos.
In that same time:
BAYC: -30%
Doodles, Moonbirds, Azuki: -10%
I don't have a higher conviction play than Punks.
Current floor: $80k.
Future floor: I wouldn't be surprised at $10M.
Call me crazy. Couldn't care less.
You look at what Yuga Labs have created and compare it to the results of those who tried to emulate their success and you begin to ask (and answer some important questions).
What do Doodles have to show for themselves?
Cool Cats?
Azuki?
CloneX?
Why do these have value?
@punk9059
Sam, love your recaps. I watch them most days. Thanks for shouting out my ACK buy yesterday.
But I have a question for you:
Is there really an ecosystem here? Can we consider any PFPs real “projects”?
How can you blame Blur? All of these questions are to lead you to my one…
2020 REVENUE
Activision $8B
Fortnite $5.1B
League of Legends $1.7B
And you don't want a slice at a AAA game built by the best team in NFTs that will allow players to actually OWN the goods they buy in these worlds?
@MetaHero_
@pixelvault_
That's financially irresponsible.
I'm a student at a Top 10 undergraduate business school in the United States:
Currently sitting in my first day of Macroeconomics where my Argentinian professor has used the opening half hour to discuss how hyperinflation has destroyed his country.
I raise my hand and ask him…
I think many underestimate the risk of holding an NFT through a major announcement.
Let's take the highly anticipated drop of $APE, the token of the BAYC ecosystem:
There are two scenarios,
A) The token is great
B) The token sucks
Let's explore different cases for both...
At
@ReidarDao
, it is our goal to strike the balance between taking advantage of proliferating Web3 tech and making sound investment decisions.
So far, we've done just that. Read our thesis on our second investment below, and follow us along on this journey.
(1/11) We have taken a position in the
@graphprotocol
. We believe that the
@graphprotocol
is an undervalued core-infrastructural web3 technology. Here’s why we invested👇👇
Listening to the
@glitchmarfa
Punk roundtable.
I can't help but wonder if it was fate that Punks didn't become the face of NFT hyper-mania in the way that Apes did.
In a sense it ensured that holders of Punks were proper stewards, in turn cementing the legacy of the collection…
@cdixon
Web3 also needs to be a better critic of itself, though.
It isn't really "WAGMI" - nothing ever is.
Some are bad actors, some will give in to greed. There will be winners and there will be losers.
It's time for us to fully own up to the fact that this is The Wild West.
Again I’ll tell you what everybody in NFT land is too soft to say:
Take many of the recent celebrity buys, including Post Malone today, with a grain of salt.
MoonPay is *paying* these influencers in Apes. The celebs are not *buying*.
As the blockchain-based gaming & GameFi sector gains momentum, the gaming infrastructure stack has also quickly evolved and is now composed of an ecosystem of studios, games, and key pieces of infrastructure.
The State of Blockchain Gaming👇🏻👇🏻👇🏻
Perspective from somebody who's been here since the start of this NFT bull run:
The market feels very tired in a way that I haven't witnessed nor experienced in these last 10 months.
I think many are scared to say that their Web3 conviction comes from intuition.
I'm not. I see Notable Pepes, The Broken Keys by ACK, and there's simply something in me that says what's happening here is important, even if I can't say exactly how all of this will play out.
Why does crypto gaming need to be play-to-earn in order to proliferate?
Why are we assuming in-game asset ownership through NFTs won’t be enough to onboard the tens of millions we hope to onboard through crypto gaming?
Are we overcomplicating crypto gaming?
What am I missing?
The US financial regulation system is in part responsible for the scams and mania of the PFP craze of 2021.
As a result of accredited investor laws keeping the majority of financially focused individuals out of private deals, people clamored at the opportunity to invest in what…
Who wants to join
@ReidarDAO
?
We have a formal application process, but it’s a Sunday and I’ve got some time on my hands.
DM or reply to this tweet with your pitch. I’m all ears 🦊
Why should we invite you to join a premiere NFT collection and budding startup?
We're often told to avoid the consumer traps the masses fall into. In recent memory, these traps have looked like:
- Fortnite
-TikTok
- Netflix
The issue with cutting these "traps" that the rest of the world is plugged into is you lose *all* sense of where/what the culture is.
@dragonseller88
@punkscomic
It goes higher. This is the best project in NFTs. Love my Ape fam but I sold my Ape I was holding since early May and reinvested all of it into MintPass. Not happy to say but Pixel Vault is just a far better team than Yuga Labs.