Discover and read the best of Twitter Threads about #otherdeed

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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

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