Here’s some charts summarizing recent sales/price trends of blue chips. First up, median sales price over time. #MAYC daily median ~40K, back to around where it was at end of 2021
Similar story for #BAYC daily median, which is at ~190K.
#Doodles & #WorldOfWomen similarly around/approaching end of last year levels in USD terms
While #CoolCats median daily sales price has broken down well below end of ’21 levels.
And it’s interesting to compare median daily sales price to what the median hodler paid. For #BAYC the median hodler seems to still be well above water, having paid much less than current daily median price. Tldr —> early #bayc buyers benifitted from being so early. Duh
For #MAYC, #Doodles, and #WorldOfWomen, the current median sales price is close to the price paid by the median hodler. Seems to indicate median hodler is ~break even, and new buyers are entering ~on par w/ current median holder. Note this seems to be breaking down for #MAYC
And for #CoolCats the median holder appears to be well under water, consistent with the previously mentioned price break down (unfortunately). Thanks for reading-inspired by @punk9059, with assist from @AlchemyPlatform API & @DarenMatsuoka ’s NFT analyst starter pack code
ICYMI @yugalabs & @cryptopunksnfts put out new legal Terms governing the Punks. It’s well thought out & includes some interesting things. Let’s take a look in a quick thread 🧵
First, Yuga keeps ownership of all the Punks IP. They own it all. But Yuga grant Punks holders exclusive IP rights for as long as the holder has the Punk. So, if & while you hold a Punk, Yuga says only you can use its IP for things like merchandise, movies/TV shows, etc.
This is a common & sensible IP setup when there’s an overarching developer or steward of the IP & versions of the IP can change hands over time. Often see this in custom software dev deals. The developer will keep ownership of core IP but grant the customer an exclusive license