Matt Garcia Profile picture
Aug 23, 2021 11 tweets 7 min read Read on X
1/ My three favorite too-old-to-fail #NFT projects:

> RarePepes
> CryptoArte
> CurioCards

The 3 are the oldest in their respective categories
+
The 3 are still greatly undervalued compared to the 2nd oldest

#NFTCommunity #NFThistory #NFTcollector

continues... Circular images showing a '...
2/ #RarePepes
The oldest popular NFT project in history

It's older than the 2nd oldest popular project (CryptoPunks) but much cheaper.

Eg:
most expensive CryptoPunk ever sold >> $ 11.7 Million
most expensive rare pepe (a 1/1 piece) >> $300k.

That's 40x room to grow!

... On the left image of the mo...
3/ #CurioCards
The oldest collectible on Ethereum

It's older than the 2nd oldest Ethereum collectible project (CryptoPunks) and yet much cheaper.

Eg:
global CryptoPunks sales to date: 328k Ξ
global CurioCards sales to date: 9k Ξ

Again, that's 40x room to grow!

... On the left 3 CryptoPunks w...
4/ #CryptoARTE
The oldest generative art project in NFT history

Older than the 2nd oldest (Autoglyphs) & much older than ArtBlocks

Eg.
biggest #Autoglyphs sale: $1,4 million
biggest #ArtBlocks sale: $2,4 million
biggest CryptoArtes sale: $77k

Again, massive room to grow!

... On the left, image of the m...
5/ Due to this big price discrepancy, I believe these 3 OG projects have great upside

It doesn't mean these 3 OGs are necessarily going to reach the same price levels of their younger OG rivals

But it's very possible that they reach a fraction of it

Risk/Reward is huge

... To the left 3 NFTs belongin...
6/ Until these past few weeks,
the fact that these 3 projects
were somewhat more complex to buy/understand than their younger OG rivals
had kept them in relative investing obscurity... Image of Indiana Jones insi...
7/ But now at last, all 3 are easily & transparently purchasable on OpenSea:

> CryptoArte
opensea.io/collection/cry…
> CurioCards
opensea.io/collection/cur…
> Rare Pepes
opensea.io/collection/emb…

... Logo of OpenSea with a sea ...
8/
This recent re-discovery
& the increased ease of purchase
is going to make investing in them more popular

As investors get educated on the intricacies of these 3 projects,
their currently buried historical value is getting unearthed

— we're in price-discovery times
... 2 archaeologists doing exca...
9/ As the copycat profile-pic project fad loses steam,
& the NFT market goes into a cool down
or perhaps a slump,

NFT $$$ are going to seek refuge in projects that possess intrinsic scarcity & that are fad-resistant
... Image
10/ And there's nothing more scarce & fad-resistant than history.

There's only one year 2016 only one 2017 & only one 2018.

And these years will be forever etched in NFT history as a primal source of scarcity and rarity that withstands passing fads.

They are too old to fail. 3 old very valuable artifac...
11/

Some of the info/insight on this thread comes from following the NFT archeology work made by:

@adamamcbride
@DCLBlogger
@danielgothits
@LeonidasNFT

Thanks a lot! Photocollage of an archaeol...

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More from @MattGarciaEth

Aug 1
WHY #AGI IS ON SCHEDULE 🧵

The AI enthusiast community has recently been panicking that #AI may have reached a plateau.

But this is a psychological misperception.

In this thread, I explain why.

Let's start with a graph showing the gaps between GPT releases: Image
As you can see, there's no recent slowdown.

Even if we use the postponed GPT-5 release date (late 2025 - early 2026) that @miramurati appeared to imply in her latest interview,

the graph still shows the same rate of progress as in the past 4 years.

The time from GPT-4 to GPT-5 would be almost identical to that from GPT-3 to GPT-4.

Image
Why are folks panicking then?

It's just a psychological misperception.

Most people learned about advanced AI in November 2022 (the @ChatGPTapp release which used the GPT-3.x models).

That means their first encounter with #AI was a massive qualitative jump from 0 to the level-3 paradigm.

And then, making things feel even more exciting, a new paradigm was released only 5 months later (GPT-4).

And so they experienced 2 'paradigm jumps' in just 5 months.Image
Read 9 tweets
May 30, 2022
Investing clichés can be cheesy...

...but also very true!

These are my favorite TRUE clichés about investing in #crypto/#NFTs

👇🧵

1/25
RINSE AND REPEAT

We obsess with getting that huge sale

The stuff of dreams!

But most fortunes are made from a multitude of small sales, from consistent rinse & repeat

Instead of dream-pricing, price realistic

Realistic pricing = real sales

Real sales = ...

2/25
Real sales = you can buy more NFTs = you can make more sales = You can rinse & repeat!

The same goes for coins, constant profit-taking is the rinse & repeat of coin investing, being a take-profits-whore will make you much richer than eternally waiting for that elusive 100x

3/25
Read 24 tweets
Mar 25, 2022
Starting to think that all good @ensdomains are taken?

Think again. In this thread, I list 24 overlooked domain-picking strategies that could make a lot of money in the coming web3

0/24...

#ENS $ENS #ENSdomains #domains #web3 #blockchaindomains #NFTdomains #NFTs The logo of ENS domains app...
This is the TLDR summary of my insane-long video on ENS picks.

Full video here >>

0/24... A list of the 24 ENS domain...
We all know that 1st names (jake.eth)and iconic dictionary words (gold.eth) are worth a fortune

But there's more to ENS riches than that

This thread is about the names overlooked by investors now (which so are still cheap!) and yet could be worth a lot in the coming #web3
... Image
Read 52 tweets
Mar 10, 2022
No, #squatters are not bad for #ENS.

They are inevitable.

In a free market, you can't simply wish squatters away.

In any free-market namespace, every single name with perceived value will be registered by the market participants as soon as there are enough participants.

1/3 Image
2/3 So since valuable names will always be squatted in any sizable free market, then, the more professional those squatters are the better for the ecosystem.

We don't need fewer squatters (impossible) we actually need more, professional ones.

#ENS $ENS #ENSDomains #Squatters Image
3/3

In sum:

There is one certainty — all unregistered valuable domains will be squatted

So the more of those domains end up in the hands of the professional & ecosystem-constructive squatters the fewer will be left for the occasional & ecosystem-destructive squatters.

#ENS
Read 6 tweets
Sep 28, 2021
* * * * * * THE 13 TYPES OF NFTS * * * * * *
* * * * & Why They Matter to Investors * * *

1/ This is a summary of my looong video on the 13 types of NFTs with the main takeaways.

(Video here: )
#NFTCommunity #NFTinvesting #NFTs

... 13 circular images representing the thirteen types of NFTs.
2/ I divide the 13 NFT categories into:

A. ESTABLISHED
#NFTs that already move significant amounts of $$$

B. TENTATIVE
#NFTs that are not moving much $$$ but show promise

... Diagram. At the top is written: 'NFT TYPES'. In the left col
3/ NON-PHYSICAL ART

Comprises #digitalart but also #jpegs of physical art (photographed canvases, illustrations...) sold as jpegs on NFT marketplaces

Due to megasales like @Beeple's this category got all the headlines during the 1st NFT Mania of Feb-Apr'21

Then focus moved to On the left sales page for a painting of Sean Jantzi on the
Read 27 tweets
Aug 31, 2021
* * * * * HOW TO BUY RARE PEPES * * * * *

1/ Since my last thread went viral,
I've been receiving a continuous stream of DMs from people asking how to buy #RarePepes

So here goes the most succinct & simple overview that I could put together
...

#NFTcommunity #NFTcollector Pepe The Frog with the text 'How to Buy Pepes'
2/ WHY PEPES MATTER?

#RarePepes are the first Art project in the history of NFTs.

They were also very popular—in that sense, they were to Bitcoin what #CryptoPunks are to Ethereum.

This makes their rediscovery one of the greatest opportunities in #NFTs at the moment.
... Timeline showing different NFT projects. RarePepes appears a
3/ WHY ARE RARE PEPES STILL UNDERVALUED?

Because they were damn difficult to buy!

Bitcoin wasn't initially conceived for NFTs,
so until very recently, you needed to get into complex interfaces that kept non-techie investors away.

All of this has changed... Screen capture of a Bitcoin/Counterparty user interface.
Read 14 tweets

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