Thread by @008_eth

(1/10) I am known for making big buys when I have high conviction:
- 008 for 20 ETH
- 005 for 50 ETH

Back then I had ~1k followers, now I have 4.4k & more influence

I made a big buy today, didn't want to cause people to FOMO - hence a fresh wallet.

🇮🇳1.eth

Let the FOMO begin

https://twitter.com/008_eth/status/1544390502879055879

(2/10) Why 🇮🇳1 ?
- India has 5th largest GDP
- ~1.4 billion people
- Many mega NFT collectors ($10m+ buys) are of Indian decent
- India has a vibrant crypto community, @0xPolygon was founded there
- Bullish on India's long term GDP growth

(3/10) Why Flag 1?
- 3 digits went from not minted to worth $40k in a matter of weeks, I think flag 1 may do the same
- flag 1 can launch coins, telecom services, payment networks, shopping, help onboard a nation to web3
- Visually flag 1 looks amazing imo

(4/10) Why Flags?
- I am a trader, look at what market participants do
- In 3 days it went from 0 flags on my feed to endless flags on my feed & in my group chats
- Many flags were on new or newish web3 users
- Last time people mass changed their name, April pre-digit mania

(5/10) Why Flags Grail Asset?
- I wanted to size up flag allocation
- Given low mint price ($10/flag) of flag###, I would have needed to buy 100s of flags add to my position
- The entire reason I like flags is their affordability, didn't want to compete with new ENS buyers

(6/10) Grails as Brands
- While many talk of the flex, I think $ENS grail assets are about ability to create a brand
- I have launched #bcard off 008.eth brand, I plan to continue to invest in 008 branding go forward
- 🇮🇳1 is perfect for a company launching an 🇮🇳web3 brand

(7/10) 200k ENS Community P1
- I've contemplated what's the next evolution past 10k club
- is it 100k club, words?
- Going from ~10k to 100k is a big leap
- And then it hit me ... 999 clubs of flags (1110 members, that's how we roll)

(8/10) 200k ENS Community P2
- The evolution is a horizontally scaling 200k project
- High demand countries, 🇦🇺, 🇺🇸, 🇦🇪, 🇨🇭, 🇸🇬, 🇨🇳 will form first ... ok that's 7k names
- Then 🇮🇳, 🇬🇧, 🇫🇷, 🇰🇷, 🇧🇷, 🇻🇳, another 7k
- On its own time project will grow, allowing $10 entry to ENS

(9/10) Why do People Like Clubs?
- it's clear most NFT projects succeed due to community
- A keyword community is less compelling than a 🇦🇺999 Club for Aussies interested in Web3
- Clubs = like minded people in 1 place = easier connections

(10/10) Why Write this Post?
-Truly taken back by response to @danielgothits
- Daniel calls culture better than anyone in web3 & in my experience operates w/ incredible integrity
- I could not stand idly as people wrote baseless claims against a person so dedicated to ENS

(11/11) Why do People Have Multiple Wallets?
- Security Diversification
- Minting Wallets (minting is not secure, need wallet dedicated to this risk)
- Vault Wallet
- Privacy
- Accounting reasons