Finding value in NFT's while $V is picking up #CryptoPunks and #ArtBlocks floor is doubling every few days.
Limited runs from 2017-2018:
#EtherRocks = 100
#EtherLambo Satoshi = 100
But here's where it get's interesting.
A little 🧵⬇️
/1
There were 100 Satoshi Lambo's created in 2018
Serial numbers 5,6,7,8,10,13,14 are on wallets dormant for 3 years
#11 wallet generates an error
These 8 Satoshi's are likely "lost" and not reclaimable
/2
An additional 5 Vitaliks (# 8, 10, 11, 15, 34) and 5 other Lambos are also lost on the above wallets.
#1 and #4 are on active wallets with no NFT activity for 1 year. Owners are possibly unaware of their existence. These could re-surface.
/3
30 Satoshi's are in wallets I'd consider collectors.
I'll define this as wallets with top tier NFT's such as CryptoPunks, Art Blocks Curated, Curio Cards, etc.
These high net worth collections are likely to hold the Satoshi Lambo longterm as part of their portfolio.
/4
Of the 92 Satoshi's in circulation, 13 are held in wallets with more than one Satoshi.
79 Satoshi's are in a unique wallet with only one Satoshi Lambo in that wallet.
As value rises, the unique wallet holders are less likely to part with their single Satoshi.
/5
As of now, there are 24 Satoshi Lambo's for sale on Open Sea.
The price range is 13.5 E to 421 E.
There are 16 Satoshi's available before the floor price is triple digit (>100 E)
/6
Recall that EtherLambos is one of the first NFT projects dating back to 2017-2018
Supply is likely far less than 1500 due to lost wallets
Satoshi Lambo specifically is limited to 92 in the world
These are also the first NFT created that are interactive
A piece of history
/7
Conclusion:
Expect the Satoshi supply to dry up quickly.
The floor has already ⬆️ 5x in one week.
EtherRocks are perhaps less rare than the Satoshi Lambo. Yet sellers are parting with the Satoshi for pennies on the dollar.
In retrospect - it will be obvious.
PS - @CoinShares_io commissioned 100 Coinshare Lambos as part of the 1500.
They plan to have event or release of some kind in the near future according to @Melt_Dem
Follow her to keep up. I expect these will also be quite valuable and in high demand.
Schematic of historically significant and rare NFT projects:
Update 8/24:
5 Satoshi's sold over past 24 hours
Avg price = 14.25 ETH
Thin floor at 30 ETH
Next available at 43 ETH
Total listed ⬇️ from 24 --> 18
8 avail until floor is 95 ETH
#EtherLambo Satoshi floor 10x over past week.
Life comes at you fast.
Thread's getting long. But so are the Satoshi sales.
#EtherLambos Update:
Charlie: 8 in inactive wallets
Vitalik: 9 in inactive wallets
Inactive for > 3 years hence likely lost and out of circulation.
There are an additional 3 Charlie’s and 5 Vitalik’s in wallets that are active but not on Open Sea. Likely unaware.
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