Discover and read the best of Twitter Threads about #azukizen
Most recents (4)
Thought on @AzukiOfficial: I’m one of the unlucky one that who bought back Azuki a few hours before the floor crashed & Zagabond-gate. Did some research on his previous projects and decided to take L & sold my Azuki.
Someone took a screenshot of my listing and made fun of me papering my Azuki, that’s just showing that so many toxic people in the NFT space. Don’t forget who are the victims here, it’s the people who believed in Azuki & Zagabond. If you minted your Azuki then you are fine.
But let’s don’t forget that there are Azuki holders that who bought at 20, 25, 30eth+. We all know NFT is very high risk and Azuki could goes to 0eth tomorrow. If you are the people that who pointed your finger and laughed at ex-Azuki holders paperhanding then shame on you.
What is the difference between FDV vs MC? How does one analyze it?
Some say "FDV" doesn't matter, others say MC is all that matters.
True.... yet both are misguided.
Let's explore 🧵
1/x
Some say "FDV" doesn't matter, others say MC is all that matters.
True.... yet both are misguided.
Let's explore 🧵
1/x
Today we'll be covering:
1. Why do some projects have high FDV/ low MC
2. What affects equalization between FDV/MC? How does it balance over time?
3. Why does it matter to me as a trader?
4. Pros & Cons of equal FDV/MC vs high FDV/MC
5. How does this apply to stakeholders?
2/x
1. Why do some projects have high FDV/ low MC
2. What affects equalization between FDV/MC? How does it balance over time?
3. Why does it matter to me as a trader?
4. Pros & Cons of equal FDV/MC vs high FDV/MC
5. How does this apply to stakeholders?
2/x
1. Why do tokens have such high FDVs but low MCs?
- Most projects have a "fundraise" portion before a public launch from VCs / private
- Typically VCs get 10-40% of a project, and public launches release 1-5% of the total token supply
- This creates an illusion of high FDVs
3/x
- Most projects have a "fundraise" portion before a public launch from VCs / private
- Typically VCs get 10-40% of a project, and public launches release 1-5% of the total token supply
- This creates an illusion of high FDVs
3/x
I like overthinking and this could be a very long shot but I enjoyed having this chain of thoughts about the Azuki dirt drop 🧵 👇🏼 
I think the longer game here is that they dropped the dirt 1st, next Adzuki bean seeds will be be dropped & then you’ll be asked to burn(bury) the seeds in the dirt & then something will grow out of that
An azuki plant? Another Azuki pfp creature? Who knows.
Because the name Azuki comes from Adzuki beans & dropping dirt as their airdrop points towards “harvesting”.
Because the name Azuki comes from Adzuki beans & dropping dirt as their airdrop points towards “harvesting”.
The next big rotation will be #GameFi season and you’re still early (for now). The coming GameFi season could be the most explosive 🧨 one yet. A thread on why ⬇️ . Read to the end for alpha 👀
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Most coins have been downtrending for the past 6-7 weeks (only some small caps have been outperforming). While the NFT season has been making waves during the same period. We are seeing a dispersed market in real time.
Most coins have been downtrending for the past 6-7 weeks (only some small caps have been outperforming). While the NFT season has been making waves during the same period. We are seeing a dispersed market in real time.
2/
We see many chad NFT guys making life changing money. From #AzukiZen to #BAYC and @AdamBombSquad, there are stories of peeps flipping 5 ETH into 100 ETH or more over the past few weeks. Thats a pretty decent profit. Where does this money flow to?
We see many chad NFT guys making life changing money. From #AzukiZen to #BAYC and @AdamBombSquad, there are stories of peeps flipping 5 ETH into 100 ETH or more over the past few weeks. Thats a pretty decent profit. Where does this money flow to?
