A 126 Piece of Land in #Decentraland sold for $215,000, (~1,000 ETH - 2,772,000 MANA)
Tough to get pieces this big for a decent price these days.
A few sales around the 6 figure mark.
12/ Notable mentions,
(Didn't know whether to put these in or not)
- Yield Finance Insurance Sell - 350 ETH
- Crypto Celebrity - 130 ETH
- Crypto Art 'Forever Rose' - Sold 10 x ERC20's for $100k each. $1M. Not an NFT but a similar concept
It's not always Rainbows and Butterflies in #NFT Land.
There's HIGH Risks, (new market).
And we need to explore them.
1/ Thread 👇
2/ Projects Run Out of Funding.
NFT Industry is new so there's no 'proven' monetization model for projects.
Marketplace fees can be taken away, (to another NFT marketplace).
Selling more NFTs means you dilute initial investors. So can't keep doing that.
3/ We've seen some projects fold due to this.
Personally I look for well funded projects, (Presales hit Millions of $, Strong funding partners, Fungible token model), so I know they can survive a dev/bear period.
26,000 airdrop to 73 ppl who filled out a form on Telegram.
Rest, 2,000 tokens were used to provide liquidity on @UniswapProtocol.
LP Tokens sent to @VitalikButerin wallet. 🤣. They can never be withdrawn = No rug pull possible.
3/ Concept.
Deposit tokens on either the website or ETH-MEME Uniswap pair allowing you to earn the regular 'liquidity provider' fees/revenue AND 'points' you can redeem for MEME NFTs.