This should be a standard set of reports to run before looking at a project -
https://dune.xyz/guystewart/Pudgy-Pe...egen-Dashboard

That scatter plot chart though.....ain't no cheap pengus slipping through.

What resources are you guys using to be on top of mints?

If you haven't made money off NFTs in the past couple of months you've ****ed up hard.

So you ****ed up hard since you're 100% ETH?

got my first nft yesterday have 5 now but its only worth 100$ On open sea, got some nba nft

https://www.purrnelopescountryclub.com/

I’m really heavy into this. There might be short term potential here and there but this project doesn’t reach its maturation until April 2022. It’s a bit like the punks comic with fractionalized ownership of a community vault. The head guy is highly respected in the space and has ties to a number of mega whales, most closely pranksy

Can any high IQs explain loot to me?

Dungeons & Dragons on the blockchain!

Basically, it's a prompt for decentralized development around an NFT collection, rather than expecting the dev team to do it. Projects where you get an NFT (or buy a coin), and it's expected that the development team will work to generate a use case or value, tend to either succeed or fail based on that dev team.

Projects like bitcoin are unique because there's no reliance on OG devs, but a compelling reason for continued development. Projects like cryptopunks are unique because there's an interesting story/history to tell.

Loot is both of these things, and is one of the most interesting things to come out of ethereum culture, which has grown and shape-shifted as the masses flood in. Much like a burgeoning new civilization that can afford creative extravagances, pushing the envelope because there's no practical worries to distract from art. A bull market is the time for something like this to sprout up, and worrying about the price of Loot or trying to figure out when it's going to top/dump is missing the point: this is the landmark project that asserts we are truly ready for a new artistic renaissance.

Here's a good thread.

https://twitter.com/tandavas/status/1432802983528448000

Loot and its derivatives are the most fun I've had with NFTs

Boomer Bob doesn't get it, but at least respect that he gets that he doesn't get it

Loot hype is a pump to mint endless free derivatives and sell them for exorbitant prices

Loot at the core should be open ended and accessible to all

Anyone do a lost poet? I found out about it 4 minutes before mint, and panicked and did 1. I now read a bit more about it and it looks cool. He just did 86 million in sales!

same boat. bought some "divine robes" with absolutely 0 idea how this works. seems like its a 10+ year bet on the metaverse

I put on my divine robes and wizard hat

Even Mikey McD is pumping his bags

Mike is such a moron but he's legit a genius at this stuff

I bought a Degen Ape as well. They've been the standout Solana NFT so far.

Condolences

Numbers https://twitter.com/the_n_project_

Community builds on top using numbers as seed for randomness.

If you own an n-project NFT (8 random numbers 0-14) you get some exclusive mints that use your numbers as input. Some mints give n-project holders a lower mint cost. Over time, owning an n-project gets you into the "cool clubs". Your project gets immediate exposure to an eager community. There's already rug-proof minting scripts you can clone.

It's only a few days and here's some of what the community has come up with that I've seen and minted -


They're starting metaverses built on top of numbers now - https://twitter.com/MutantVerse

https://blog.nftx.org/nftx-weekly-round-up-31/

Floor was .15 3 weeks ago, .25, 2 weeks ago, .35 last week, and .4 this morning

Someone came in and bought the floor up to almost .5. The token is >.5 on sushi now

I understand the NFT use case for online gaming and I've been bullish on coins like Enjin for a long time. Being able to buy and sell in game items which have a verifiably finite supply (or a limit on # of mints per X time period) is really cool.

What I don't understand us the appeal of owning a picture on the blockchain. Though I guess I've also never understood the appeal of buying things to show off status, which is essentially all they are. It's neopets for adults but without any game to go along with the ugly avatars.

I mean, at its core, everyone just wants to make money. Most of the inbetween from buy to sell is a bit of theater to get people excited.

Here are the reasons people are buying the biggest jpg projects:

1. Punks - status (probably connections now too)
2. BAYC - connections, inclusivity, status
3. Gutter Cats - DAO, status
4. Pudgy Penguins - status
5. Cool cats - fanaticism, paper hands

Ultimately though, the end goal is to sell it for more than you paid