@OGDfarmer
DFarmer
2 years
Some thoughts about the ENS run, and about numbers in particular šŸ§µ Itā€™s no secret that Iā€™ve been saying for the past couple of weeks that ENS was a nobrainer and 3 and 4 digits numbers in particular made a lot of sense right now because of how strongly 10k pfp brands are
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@OGDfarmer
DFarmer
2 years
growing and how intrinsically tied our digital identity is to these at this point. I imagine the trend is just going to intensify, as we transition more and more into the metaverse, for good or for bad. An ENS domain is many things, the primary being a simplifier for your eth
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@OGDfarmer
DFarmer
2 years
addy, it saves me a lot of time day in and day out, and generally makes my whole life easier. But usecases are being added all the time, and in itā€™s new iterations, itā€™s getting closer and closer to web3 passport, one integration at a time. Rumours of Twitter -please @elonmusk šŸ™Œ-
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@OGDfarmer
DFarmer
2 years
and possibly Instagram integrations - although I doubt it given the horribly closed and gated approach to web3 Zuck is using, are just speading up this process. Back to 10k pfpā€™s and numbers. When you have a half a million dollar monke as your pfp, and you sported it for
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@OGDfarmer
DFarmer
2 years
a year, and thatā€™s now part of your identity, the bond is strong. Now you add to that 3d models being rendered and roaming the Otherside, or Sandbox or whatever other metaverse weā€™re gonna spend more and more time in, itā€™s gonna compound. Can they have a name? Of course. Mine is
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@OGDfarmer
DFarmer
2 years
Dapper Don, but many donā€™t want that, theyā€™d rather use the pseudonimous number. If they manage to brand that number, and make it kinda forever tied to that image forever, thatā€™s incredibly, incredibly powerful. Does @punk6529 ring a bell? Itā€™s simple, fully pseudonimous as per
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@OGDfarmer
DFarmer
2 years
crypto ethos and culture and more importantly easily recognisable by basically any culture and language. Itā€™s incredible how many are saying: but bruh, Anthony is just soooo much easier. Thatā€™s as usual a very American centric view of the world. 2/3 of this planet
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@OGDfarmer
DFarmer
2 years
use another language. Some have a different alphabet altogether, but if they have access to the internet they still at this point standardized the use and understanding of ā€˜em. The pfp collections being standardized for the time being at 10k is even a more powerful case for ā€˜em
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@OGDfarmer
DFarmer
2 years
and thatā€™s because of infinite subdomains creation capacity. bayc.8413.ens azuki.8413.ens punk.8413.ens wow.8413.end You get the gist. Thatā€™s probably a sub stream of income alone, if the trend sticks. And finally, the most important thing is provenance and legitimacy.
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@OGDfarmer
DFarmer
2 years
ENS is as OG, rugged, provable and limited as they come. The man @VitalikButerin himself is a supporter and sports Vitalik.ETH on his profile. And if weā€™re talking usecases, it already has more utility than 90% of the slow rugs that are trading out there right now.
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@OGDfarmer
DFarmer
2 years
And weā€™re not even considering pure flex status these might gain, as itā€™s pretty self evident the kind of stupid amounts of money people can spend in the license plate market. Litterally millions to something that is used and seen by a few hundred. This is on global display.
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@OGDfarmer
DFarmer
2 years
All this being said, clearly just as domains, these are illiquid as fuck. As @danielgothits - og trendsetters for the @10kClubOfficial - said?itā€™s a gamble and you might sit on them forever. It might go to zero. Trends come and go so dyor nfa yaddayadda. I also very publicly
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@OGDfarmer
DFarmer
2 years
made a post last week where I bought all under 3 eth 3 digiys that they sold me, so yeah I clearly have a bag. If I like something, Iā€™ll have a bag. Itā€™s so fucking selfexplanatory, Iā€™m not sure why this still needs to be said but hey, now thereā€™s an audience so there you have it
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@OGDfarmer
DFarmer
2 years
Generally speaking, when I have high conviction on something thag gets ragged and mocked on A LOT, I tend to double down. If it infuriates people, cause strong emotion, itā€™s even better. Remember monkeā€™s? Remember Beepleā€™s early sales? Remember NFTā€™s as a whole? Time will tell šŸ¦§
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@OGDfarmer
DFarmer
2 years
P.S. sorting/browsing and infrastructure in general for the ENS market is awful and has tons of room for improvement. Whoever does it best gets cemented as the go to exchange for this skyrocketing volume machine. @LooksRareNFT this is deffo something that needs your attention imho
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@0xQuit
Quit
2 years
@OGDfarmer Same conclusion from somebody that doesn't have a bag šŸ¤
@0xQuit
Quit
2 years
Four digit ENS domains took twitter by storm yesterday, catching fire and selling out in the span of ~6 hours. They now trade at a floor of around 0.25 $eth. Sounds crazy, right? This is a thread on why this all makes more sense than you think, and what the future may hold. 1/šŸ§µ
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@OGDfarmer
DFarmer
2 years
@0xQuit Yep, prolly my favourite early thread on the subject šŸ¤
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@nftjgn
NFTJGN | 2598.eth šŸ‡©šŸ‡“
2 years
@OGDfarmer I have 2598.eth and I get the suddomains. But what is difference between having azuki.2598 and azuki2598?
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@OGDfarmer
DFarmer
2 years
@nftjgn Legitimacy? Provenance? Whichever trends harder wins I guess. This is clearly still day 0 of uncharted territories.
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@dadjudicator
Dadjudicator | 4707.eth
2 years
@OGDfarmer Sub domains is why I am bullish. Single beat use case in NFTs right now tbh
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@OGDfarmer
DFarmer
2 years
@dadjudicator Sundomains are a massive catalysts and one that I donā€™t think is priced in yet, not for grails anyways
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