🧵How to value #NFTs:
There is no right way of valuing NFTs, but hopefully this can act as a guide for people who are looking to enter the NFT space, for both for Fun & Profit, as NFT are generally less straightforward as #DeFi, where #cashflow & #TVL can be a good proxy.
There is no right way of valuing NFTs, but hopefully this can act as a guide for people who are looking to enter the NFT space, for both for Fun & Profit, as NFT are generally less straightforward as #DeFi, where #cashflow & #TVL can be a good proxy.
2/x
Rule of thumb:
Similar to how you value a #DeFi token based on Future #cashflow, one can gauge the Value of the #NFT via the utility & future potential #airdrop/cashflow it can bring.
Rule of thumb:
Similar to how you value a #DeFi token based on Future #cashflow, one can gauge the Value of the #NFT via the utility & future potential #airdrop/cashflow it can bring.
3/x
It's a better gauge than simply "Oh the Art is good."
Ofc, the Art itself, can be a proxy to the team's attention to detail. Usually, effort put in by the Team, is inversely proportionate to #rug risk
(Not to mention, the Art itself can also be something of value)@takashipom
It's a better gauge than simply "Oh the Art is good."
Ofc, the Art itself, can be a proxy to the team's attention to detail. Usually, effort put in by the Team, is inversely proportionate to #rug risk
(Not to mention, the Art itself can also be something of value)@takashipom
4/x
Some examples of what a quality #NFT can give u aside from exclusive Art:
- 1) Access to Strong Networks (i.e #BAYC)
- 2) Symbol of Status (i.e. Bluechips NFTs)
- 3) Early Access to other NFTs #Whitelist
- 4) Access to Future Cashflow/#Airdrop (e.g #Apecoin, #CloneX)
Some examples of what a quality #NFT can give u aside from exclusive Art:
- 1) Access to Strong Networks (i.e #BAYC)
- 2) Symbol of Status (i.e. Bluechips NFTs)
- 3) Early Access to other NFTs #Whitelist
- 4) Access to Future Cashflow/#Airdrop (e.g #Apecoin, #CloneX)
5/x
1) & 3) are intangibles which can add alots of value.
Community tend to have many insights, and can redirect u to more Alpha via their network effect. #BAYC
NFT like @forgottenrunes got me into many other whitelist. Eg.@gucci NFT.(Good WL can easily give u multiple X ROI)
1) & 3) are intangibles which can add alots of value.
Community tend to have many insights, and can redirect u to more Alpha via their network effect. #BAYC
NFT like @forgottenrunes got me into many other whitelist. Eg.@gucci NFT.(Good WL can easily give u multiple X ROI)
6/x
2) &4) As for Value of Future Cash/#Airdrop, Just look at the recent #APEcoin, by BAYC, @yugalabs.
Just estimate the value that one could have got just by holding Bored APE NFT. Almost x2000 ROI 🔥
2) &4) As for Value of Future Cash/#Airdrop, Just look at the recent #APEcoin, by BAYC, @yugalabs.
Just estimate the value that one could have got just by holding Bored APE NFT. Almost x2000 ROI 🔥
https://twitter.com/Rewkang/status/1504664173757747206
7/x
Another good example of another bluechip NFT is #CloneX by @RTFKTstudios.
Another good example of another bluechip NFT is #CloneX by @RTFKTstudios.
https://twitter.com/JavierAng_/status/1492149306316386305
8/x
Meanwhile, don't forget that's not all.
for #BAYC/#MAYC, @yugalabs still have much more in their roadmaps. #Metaverse, and #LAND. More utility, more airdrops
Meanwhile, don't forget that's not all.
for #BAYC/#MAYC, @yugalabs still have much more in their roadmaps. #Metaverse, and #LAND. More utility, more airdrops
https://twitter.com/KingBlackBored/status/1503805540685725699
9/x #CloneX & #Azuki @AzukiZen
These bluechip #NFTs, have yet to #airdrop a token, and also have #Metaverse plans.
🚨So that might be a potential play there.👀
These bluechip #NFTs, have yet to #airdrop a token, and also have #Metaverse plans.
🚨So that might be a potential play there.👀
10/x
Metaverse projs build products first before bootstrapping the community, while
PFP #NFT projs seem to build community, then traverse over to the metaverse.
Meanwhile giving these NFT #Erc20 tokens, the perceived value of Memecoin+Game+Metaverse+...
Metaverse projs build products first before bootstrapping the community, while
PFP #NFT projs seem to build community, then traverse over to the metaverse.
Meanwhile giving these NFT #Erc20 tokens, the perceived value of Memecoin+Game+Metaverse+...
https://twitter.com/Darrenlautf/status/1504712871577796609
11/x All in all, BAYC/MAYC have shown us the possibilities, and from here, we can also roughly project what could happen to the other blue-chips tokens, and how to roughly value them.
12/x
For more Alphas, you can also follow NFT pros like: @Rewkang, @Arthur_0x, @0xminion & @dingalingts (super big NFT Whale) #IFKYK and also CT Chads and fellow buddies like @Darrenlautf @mrjasonchoi
For more Alphas, you can also follow NFT pros like: @Rewkang, @Arthur_0x, @0xminion & @dingalingts (super big NFT Whale) #IFKYK and also CT Chads and fellow buddies like @Darrenlautf @mrjasonchoi
13/x
If you liked this tweet or felt that it has helped you, pls do help out by Retweet the first tweet of this 🧵, and giving a follow. 😍
Hopefully dropping more Alpha from time to time.
If you liked this tweet or felt that it has helped you, pls do help out by Retweet the first tweet of this 🧵, and giving a follow. 😍
Hopefully dropping more Alpha from time to time.
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