Discover and read the best of Twitter Threads about #Otherdeed

Most recents (4)

Une Whale vend 1 010 NFT, pour un montant total de 11 680 $ETH, en 48 heures.

C'est le "plus grand dump de #NFT jamais réalisé".

Cela comprenait 90 #BAYC, 191 #MAYC et 308 NFTs #Otherdeed ...
La whale NFT se nomme Jeffrey Hwang, plus connu sous le nom de Machi Big Brother.
Il a rapidement racheté 991 de ses NFT.
Andrew Thurman a émis l'hypothèse que cela a été réalisé en vu des récompenses en jetons BLUR prévu pour le 2eme airdrop.

Read 4 tweets
🧵How I am playing the #Otherside/#Otherdeed

- Logic on when to enter (AKA #floor support price ?)
Upside/Downside potential

- What to buy? (#Koda / Artifact / Floors )
- Why I choose Artifact over #Koda
- TLDR of 🧵on post number #6

#BAYC/#MAYC #APECOIN #APE
1/x Determine floor price support.
(What is the %Prob of it going lower ?)

Current Floor: 4.29Eth
(Note: Pre-reveal @ 7 to 8 Eth)

Minting of #Otherdeed was 305 #Apecoin @ $22 (~$6,700/~2.4 Eth) + Gas wars ( 2.5Eth for 2 mints)
Minting cost = 2.4 + 1.25 = 3.65 ETH
1/x For comparison:

Current Floor: 4.29

Minting cost (Normal user): 3.65 ETH
Minting cost (+KYC): 3.65 + 0.5 ( 1 ETH/2 ): 4.1 ETH
Minting cost (Bulk Sybil): 3.65 + 0.25: 3.9 ETH

Don't make sense to sell < mint.
So downside is really low✅

Read 10 tweets
I decided to mint #OtherDeed and purchase more on secondary

Let me tell you why I see 💪 5-15x upside and limited downside:

A fundamental TradFi approach to valuing metaverse land NFTs - in this case #Otherdeed from the @OthersideMeta @BoredApeYC @yugalabs🧵:
Investment summary
🔹Dream the dream: premier metaverse gaming asset producing economic value
🔹305APE or 2.2ETH mint, 100k supply
🔹Upside 5x to 12ETH
🔹Bull case 15x to 32ETH
🔹Downside to 2.6ETH
🔹Misunderstanding is high: new issuance, multiple product catalysts
/2
“What” is this? In short, these are plots of digital land in a new metaverse created by @yugalabs

🙏 Props to the many creators dropping alfa with great background and context this past week @JayLow @ArdonLukas @davidgokhshtein @CapetainTrippy @farokh

/3
Read 23 tweets
1/ Unless you are living under a rock, you've probably heard about Yuga Labs raising over $300 million in their #NFT sale, but did you know that the mint costed over $150 million in tx fees alone?

I compiled a list of some interesting facts about the sale that'll blow your mind.
2/ Yuga Labs - the creators of #BAYC and #MAYC - have just completed the largest NFT sale in the history of crypto/NFT.

The sale was so large that it crashed etherscan & sparked a never-seen before on-chain gas war.
3/ First, for those who don't know -

Yuga Labs is the company behind $3 billion Bored Ape Yacht Club (BAYC) collection.

But they didn't just stop there;

After BAYC, they launched "Bored Ape Kennel Club (BAKC)" and "Mutant Ape Yacht Club (MAYC)" - both were instant successes.
Read 12 tweets

Related hashtags

Did Thread Reader help you today?

Support us! We are indie developers!


This site is made by just two indie developers on a laptop doing marketing, support and development! Read more about the story.

Become a Premium Member ($3.00/month or $30.00/year) and get exclusive features!

Become Premium

Too expensive? Make a small donation by buying us coffee ($5) or help with server cost ($10)

Donate via Paypal Become our Patreon

Thank you for your support!