Matty Profile picture
31 Aug, 7 tweets, 2 min read
What holds an #NFT Investment value long term?

2-5 years from now which will stay relevant?

Here's 5 factors that matter imo*

Thread 1/ 👇
2/ User base/Community growth.

Axie Infinity is the perfect example.

As the user/player base went from 10k+ to 1M+ their supply capped NFTs, (Origin Axies, land, land items, etc), have gone up immensely.

Applies to other games, virtual worlds, etc.
3/ Artist Growth.

Buying an NFT from an Artist, you're forever tying yourself to their growth.

They do collabs, exhibitions, sell art for Millions, etc, that ALL effects your investment, (Art piece).

Quite a fulfilling way to invest.
4/ Historical significance,

Timelines and 'moments in time' matter.

Cryptopunks made this clear as they've sold for Millions and people are rushing to find early NFT projects.

As time goes on, early periods of the NFT industry become significant due to their impact.
5/ Utility stacking.

The more reasons you can add for people to own your NFT, the more it appreciates.

@RTFKTstudios making their early NFTs a mint pass,

@3LAU mentioning a royalty share,

@themetakey early editions promising future free Metakeys.

Stack reasons to own.
6/ Brand growth.

Twitter NFTs, Marvel NFTs, WWE NFTs, what do they all have in common?

An iconic brand.

10-20 years from now if they become bigger giants, I'm pretty sure their early NFTs will be worth a lot.
7/ The industry is still new and we're figuring out more as we move forward.

But beyond the influencer shills, the low effort projects, the rug pulls, etc, there absolutely is depth to this industry that I'm confident will see long term investments to exceptionally well.

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More from @DCLBlogger

12 Sep
Why do people spend Millions on NFTs when you can just download the JPEG?

$6M for a punk instead of a beautiful house?

Is it Money Laundering?

Is it legit?

1/ Let’s explore 👇
2/ This industry kind of jokes about “buying JPEGs”, when of course there’s more going on here.

To understand NFTs you must understand the basics of blockchain, (The tech behind Bitcoin).
3/ What does it mean to own 1 Bitcoin?

It means the blockchain, (an open ledger - record keeping system), has denoted that your digital wallet has '1' Bitcoin token.

Like the below wallet,
Read 21 tweets
11 Sep
Terming everything in this space an “NFT” is inaccurate.

NFT = each item has a unique ID, indivisible, etc. (Non Fungible).

The below have FUNGIBLE characteristics.

Enjin items,
The sandbox items,
Twitters release,
Rare Pepe’s,
Curio Cards,
Metakey,
80%+ Rarible art,

1/
2/ for example these Twitter tokens have the same ID, (3), and are the erc-1155 standard which allows you to batch them.

Does this all matter? If you’re looking for something 1/1 unique, yes.

Twitter themselves refer to them as NFTs and the cheapest is $100k+ ImageImage
3/ Thought I’d write this because I/we see the term NFTs used for everything.

When in the future that might change.

“Semi-Fungible Token?” (SFT)?“Cryptocollectible?”
“Cryptoart?”
“Smart-collectible?”

Or just NFTs for simplicity’s sake?
Read 5 tweets
7 Sep
A short thread on how to win at NFT investing.

👇
1/ Be open minded.

Try new things, it’s fun and expands the mind.

You also stumble upon way more opportunities and ways to get involved.
2/ Spend money.

Getting free stuff is cool, but you make real money when you spend real money.

Maybe it’s just my experience.

But utilise wealth to build more wealth. It’s more scalable.
Read 11 tweets
2 Sep
8 reasons why the NFT industry behaves completely different to the real world.

You cannot analyse it the same way - there are different dynamics at play here.

Thread 1/👇
2/ Currency.

The currency of the real world is fiat. Deflationary, representative of the local economy, supply-demand controlled but the government.

Here it’s ETH, BTC, SOL, etc

Fixed supply, Community gets wealthy which gives them enormous spending power.
3/ Wealth.

Tied to the above.

People in the real world have made their wealth through long hours, weeks, years making an income.

Here, people have made it with strategic investments, lately trading NFTs from $100s to Millions $.

Who’s a more liberal spender demographic?
Read 10 tweets
22 Aug
Noticing a lot of traditional crypto traders/investors getting into NFTs.

There’s many similarities between NFT marketplaces and Crypto exchange/economies.

Floors, tops, walls, volume, liquidity,

1/ Thread 👇
2/ Crypto investors are familiar with these terms over the last several years.

Indicating when to enter/exit positions.

Now, I’m not a big TA guy, but I do use some.

PS This Tweet is NOT Art related - that’s a diff beast.
3/ Thin floors: Below is one of the first ever NFT releases on @niftygateway from Cris Cyborg.

If the cheapest 8 are bought, the floor price goes up over 600%.

This is how we see CRAZY NFT prices.

Low supply, thin floor, demand comes in -> People make $.
Read 22 tweets
11 Aug
10 examples of people in the NFT space spending $100s but making $1,000’s.

Think this is a space just for the rich?

Nope. It’s for the hustlers.

1/
2/ The NFT space seems very noisy at times.

Which is why certain projects are expensive to participate in.

High demand, low supply = high prices.

The work around? Find quiet places with promising upside.
3/ Early @niftygateway art.

Some early open editions and art were pretty affordable.

Like @grimemonday first drop where 415 were minted at $40 each. A total of $16.5k.

Now? Minimum $10k for a piece!
Read 18 tweets

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