Thread by @Cryptopilami

How to Value AltPunks?

This Thread builds on “Why AltPunks?”

If you haven't read that thread yet you can ‘here: [

https://twitter.com/Cryptopilami/status/1422514085992689669?s=20

]’

If you want to know how to value your VPunks? Read on…

/thread

I’ll keep this short

My valuation model is based on network effects.

Current addresses on Ethereum = 163m
Current addresses on Vechain = 1.16m

#Vechain has 0.71% of #Ethereum addresses

-1-

Potential buyers:

Opensea = 60k active addresses

Assuming that of the 700 Twitter followers of @VPunks_official 600 own a VPunk

That'sl 1% the potential buyers for a VPunk opposed to a CryptoPunk

-2-

advantages of #VPunks

- added Tokenomics & Gamification
- 0 fees could capture market share from anyone priced out of Ethereum
- Opensea has 100s of NFT projects
- Vechain has 2 - VPunks & VIM world

I believe this makes a solid case for Vpunks @ 1% value of CryptoPunks

-3-

With this in mind let's compare:

CryptoPunk Floor = 100k$
Rare CryptoPunk (Alien, Ape, Zombie,...) = 1m$ - 10m$

#VPunk Floor = 1k$ = 10k VET
Rare VPunk = 10k$ - 100k$ = 100k VET - 1m+ VET

NFA

Ape responsibly :)