@osf_nft officially announced his generative PFP project called 'rektguy'.
This will be one of my bigger plays of 2022 in terms of a PFP project. In this thread I will explain you why I have gathered around 150 spots, how you can get spots, talk about OSF and his art.
2/25
My journey with @osf_nft started a few months ago when I first saw his 1/1 art. I was hooked right away and have been buying a lot of the 1/1s he released along the way.
In this thread I explain everything about OSF and my journey so far
OSF has been getting more attention and more and more collectors have been looking to buy his art. @crypto888crypto bought Lova Park from me for 82.888 $ETH and @Kenshiro_NFT bought morning commute for 35 $ETH.
4/25
OSF has shown that he cares about his collectors and has been giving them a lot of art through airdrops. His 1/1 collectors have been handsomely rewarded in great art, with awesome value but also even more, it now comes with PFP utility.
Now it's time to focus on the upcoming PFP project by @osf_nft. First some basic stuff:
The name of the project will be 'rektguy', it will be a PFP project of 10.000, the snapshot will be on 11th May 5pm est.
6/25
So we talked about the artist @osf_nft, but there is a second artist that joins him in this PFP project and that's @AlienqueenNFT. She will be contributing to a few pieces to the collection which will be 1/1s. Here is an example.
7/25
So what about the minting price? It's FREE! I always love it when a project does that. So the next logical question would be if the mint is for everyone, that's not the case.
The mint will be via allowlist. So let's dig into the mechanics for the allowlist.
8/25
These are the allowlists so far, so let's look at how much spots this generates. Let's focus on the per NFT held first.
1/1s OSF/AlienQueen: 500
Red Lite District: 1.050
OSF Editions: 1.462
OSF OS Editions: 40
That's a total of 3.052 spots so far.
9/25
The mints per NFT held means that you can have multiple of them in your wallet and you will be able to mint multiple. For example if I own a 1/1, a RLD and one OSF edition, I would be able to mint 22 'rektguys' from that wallet.
10/25
So the second part of the spots is based on 1 mint per wallet. Let's have a look at those:
joke's on you: 54
Degenz: 3.943
Re-genz 2.538
That's a total of 6.535 spots. The crux here is obviously the 1 mint per wallet.
11/25
So that's a total of 9.587 (3.052 / 6.535) maximum spots out of the 10.000 if everyone would mint theirs. What will happen to the remaining spots? Well one thing we know is that there will be a public allowlist raffle and some allowlists for other NFT projects.
12/25
So I can imagine if you are holding multiple Degenz/Re-genz you now might be thinking what should I do. That's pretty obvious, if you want to have maximum mints, you will have to spread them across multiple wallets in order to get all the mints.
13/25
There also is a good chance that people won't be minting their pieces, it will depend a bit on the length of the minting window etc. But there always will go a % un minted, I am not sure what will happen to them, but my assumption would be that they will be given away.
14/25
So what about utility / a roadmap? The answer from @osf_nft: lol
An answer I like, I think for most people it's important to understand this an art PFP project that fits with the culture of this space, similar to mfers.
15/25
The art will most likely be under CC0 which means anyone can do with it what they want, which is a trend I really have been liking.
That being said, knowing @osf_nft he def will spend time on the PFP project after the mint as it's an extension of his art and himself.
16/25
So most people most likely will want to know what's their best entry if they wanted to join the PFP project. Well the lowest barrier of entry will give you three options:
1) OSF editions. The big benefit of this is that you not only get great art, you also get 2 mints per edition. With the floor being around 1.05 $ETH your cost would be around 0.53 $ETH per mint, you will own a great piece of art alongside with it.
2) Degenz - Re-genz. These are two different collections but have the same utility. Both gives you access to @greatmando_nft and @osf_nft their @DegenzNFT discord, so in a way it's an access pass to a lot of information and a great community.
19/25
2) The cost of one mint would be around 0.58 $ETH, however you also get lifetime access to the Discord. So you are buying these for access to the Discord + an entry in the PFP project.
3) Secondary market. Your third option is waiting for everyone to mint their pieces and see what they will be selling them for. If you don't want access to the Discord or want to own art editions by OSF and just an entrance to the PFP project, this would be your way.
21/25
So what should you do? I guess it depends on what you want. If you are here for the art of @osf_nft I would say go for option 1. If you are a newcomer and want to learn a lot, I would say go for option 2 as you can join the Discord.
22/25
If you just want to buy into the upcoming PFP project by OSF, than most likely the best option would be to wait for the secondary market and see if you can buy one you like at a price you feel comfortable with. Downside of that is no potential luck in minting.
23/25
I obviously also want to show you how I am playing this. I am playing option 1, 2 and 3.
1) I own 3 1/1s + 1 RLD and 26 Editions = 102 Spots 2) I own 44 Degenz / Re-genz = 44 Spots 3) I will be watching secondary for 1/1s and try to get them cheap
24/25
So in summary I will get 146 spots through option 1 and 2 and I hope to get lucky through my minting process. I will also be watching the reveal and try to get 1/1s at good prices as I feel confident about this project in the long run.
25/25
We started the thread with one of the pieces of the upcoming PFP project and we end with one.
To have a look at more art be sure to go to osf.art/rektguy which also contains all the information and be sure to follow @osf_nft for all the announcements.
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Everyone is aware on how bullish I am on the upcoming Generative project of @ChimpersNFT which will be launched mid May.
In this thread I wanted to show you the 'Sneak peeks' which have been released so far, talk about the mint and how to get it and just !CHIMP
2/20
We are going to start with the minting details:
* Full set of @TBAChronicles episodes -> 8 mints
* Genesis Chimpers -> 6 mints
* TBAC episodes -> 1 mint
* Animated production -> 1 mint
* e-Book -> 1 mint
* Partners
The mint price will be 0.07 $ETH in mid May
3/20
So let's break them down. Let's start with the full set of @TBAChronicles episodes.
A full set = episode 1 - 6, having a value of around 50 $ETH today. A full set will give you the right to mint 8 Chimpers.
3 months ago @osf_nft told me about me getting a RLD as his biggest 1/1 collector and I was able to pick a number I wanted. I could have gone for 42, 69 or something else. However I just wanted to be the first and went for #1.
Besides the gifts to 1/1 holders the @DegenzNFT community also had a chance of minting the pieces at 0.069 $ETH. They quickly sold and also a lot were re-listed at prices between 0.1 - 0.3 $ETH.
In January 2022 I started degenforayear / gmi.eth with 22 $ETH and the goal to educate people by showing everything I do publicly and also explaining why I make calls and update them along the way.
We closed the month April with an ATH! 🥂
Let's dig in.. 🧵
2/21
I closed the month March with a value of 99 $ETH, you can read back what happened that month here.
So I haven't been talking about @OthersideMeta and @yugalabs. I wanted to share some interesting things I came across on Twitter.
Let's look at it as a small summary of the events that happened.
Quite insane! Almost $ 100 M has been spent on GAS 🔥🔥
2/10
So let's start with the most devastating piece of it all. The contract of @yugalabs had nearly zero gas optimizations, which lead to a HUGE gas war and means a lot of people and the whole ecosystem lost over 34k $ETH (Nearly $ 100 Million).
It's always important to see how the company (@yugalabs) itself reacts. Tbh they should have seen this coming and should have been prepared better for it all. To me it feels they are pointing their fingers to $ETH rather than looking at themself.
A loss I wanted to talk about is @froyoverse. I think it's important to show that not everything I touch is a win and what I learn from them.
My investment of 15 $ETH is now worth around 4-5 $ETH and there is almost 0 liquidity.
What happened and what can I learn from it?
2/12
So I jumped in @froyoverse based on the call of a friend who I respect. He swept the floor and I decided to follow suit without doing any research.
I know his thought process and I could find myself in it.
3/12
The art is made by @JessieMorii and this was a bet solely on her. So I first started with a buy of 10 $ETH for 34 Froyo Kittens, which was pre-reveal and they moved up a little. After the reveal, something happened which happens to a lot of projects.