Thread by @ChaChangNFT

[1] Recap 12/08/2021

I know the day isn't over yet - but I'm doing my recap now with information that was captured a couple hours ago.

Over the course of last night / this morning - we had 6 projects drop. The left column seems to show that 5 of the 6 are in the green

[2] but don't be deceived. The projects with the red box have close to 0 volume. Their floor price has little to no value on the performance of the project. In reality, the only drop that performed well this morning was @JunkyardDogsNFT. I don't think this was that surprising to

[3] many people as this drop had a fair amount of hype/anticipation in its lead up.

For our two gaming NFTs @GoGalaGames's Vox and @AradenaWarrior - we're seeing a slow down in price while its unique owners, volume and average following are still increasing. I would say that

@GoGalaGames @AradenaWarrior this is due to a variety of factors - including high gas resulting in less # of transactions, people cashing out, a slow down in hype etc. I would expect this trend to continue until a consolidated floor price is reached. After which, the price should steadily increase as we get

@GoGalaGames @AradenaWarrior [5] closer to the launch of the actual game. If you're looking to pick any of these up and you missed out, the coming days could be your chance.

For me - I've been saying for a couple days now that I've had my eye on @GlueFactoryShow. the project's had a steady increase of

@GlueFactoryShow [6] unique owners (around 200 a day) and steady increase of social media followers in the past 72 hours. The floor price also hit its mint price today so I scooped up 4 that I thought were pretty cool (all at floor price). I'll be holding onto these for a while with the

@GlueFactoryShow [7] expectation that its social numbers will continue to grow. But in reality - who knows what will happen.
If you look at @LuchaLibreKO - a similar thing has been happening. Everything has been growing while the price has been on a steady decline. Personally, I'm not picking

@LuchaLibreKO [8] any of these up purely because I don't vibe with the art.
@DragonWineryNFT didn't have the explosive mint that I expected. As of right now, I think only ~800 have been minted of the 10,000. This isn't great but I'm choosing to believe in the dev team and the community behind

@DragonWineryNFT [9] the project. I minted 10 myself last night and I'll be holding onto these until the team progresses further along its road map. Now - does that mean I'm saying you should also pick these up? No. The volume is indeed quite low, the number of unique owners isn't amazing and

@DragonWineryNFT [10] quite clearly the hype that I thought would follow the project hasn't followed through. Sometimes expectations and reality don't match up and that's okay. I'm choosing to stay by the devs to see what they'll do but I don't want to sugar coat the reality of the situation and

@DragonWineryNFT [11] mislead any of the people that read my posts.

Aside from this - I've started to notice a trend of the majority of projects that have launched slowly descending into the red as the days go by and I wanted to say that this is going to be the reality of 99% of NFT projects.

[12] this space is moving so fast that investors are like children in a candy store. we have an unlimited variety of choices with new candy coming in every day. investors pick one shiny thing up and drop the other shiny thing they were holding onto yesterday. In an environment

[13] like this you need to protect yourself. Buy with money you can lose. Buy things you'd be okay keeping - even if they're worthless.
I'll keep doing daily posts so that someone can hopefully use my data to guide their own purchasing decisions. But I'm getting to a point where

[14] I no longer believe my metrics can be the sole determining factor of participating in a project. More research needs to be done into the roadmap, the dev team AND more accurate social following stats are required. Followers can always be bought, members can always be bots.

[15] All in all - what I'm saying is dyor before apeing into anything. If more posts help - that's great. But please don't make any decisions solely based off of me.

[16] FINAL - if anyone has any webpage building experience and would like to partner with me to turn this current spreadsheet into a interactable webpage along with new ideas that I have - please get in contact w/ me via DM. I have a lot more things I want to do to this that I

think can add so much more value to the NFT community. I just don't have the necessary technical expertise (beyond high school excel functions lol).

That's it. Upcoming mints for tmr will drop sometime tonight. cheers