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Ngl it's an incredible time to be active in this space right now
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Claynosaurz announced the mint date for Popkins yesterday. They are launching the new collection on Sui on May 29th. It consists of 25k NFTs called "Popkins", which are basically little dinos that expand the existing Clayno universe. The minting process will be interesting (and a little complex), so here's a quick summary: 1) Anyone can buy tickets on Sui at $200 USD each, which are soul bound and act as mint tickets for "packs". Open to public. 2) The packs are then distributed, minters can reveal one at a time. 3) There are three different types of packs: Legendary (Popkin guaranteed), Escape (no Popkin, other digital rewards) and Rat (exclusive Rat), which are randomly revealed. Claynosaurz holders get airdrops. The cool thing is that if you don't reveal a Popkin, you get a $200 USD refund and get to keep the other digital rewards, among other things: - "Pity points" which will make up your score on the leaderboard (the top 50 get a free Claynosaurz NFT). - "Escape cards" (which are soulbound NFTs that will be added to your profile on the Claynosaurz achievement system). Both the new collection and the achievement system will run on Sui. Claynosaurz have been active in the Sui ecosystem in the past, particularly in decentralizing storage with Walrus, a service that other ecosystems also use now (for example Pudgy Penguins for their stickers and GIFs). Excited to see how the mint will play out, will def rip a few packs on a livestream, big step for the Sui ecosystem as well. Join us later today as we discuss the new mint with the Claynosaurz team, reminders below
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Both $ANIME and $PENGU have outperformed their non-fungible counterparts over the last 30 days. NFT floor price increase was largely due to the pump in ETH/USD, ETH-wise floors have been flat. $PENGU and $ANIME reacted much differently to the more bullish crypto environment than Pudgy Penguins and Azuki NFTs, even tho there is some correlation (again, mainly due to ETH pumping from $1,800 USD to $2,700 USD). Interesting. Would you rather hold the NFTs or the coins? Or both?
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People panic when prices go up because they are completely sidelined and fear they have missed their entry. People panic when prices go down because they are fully allocated and can't buy the dip. Regardless of what your thesis is for the next few months, whether you are max bullish or think a bear market is imminent: Always make sure you cover your bets. If you are bullish, take some money out anyway. If you are bearish, make sure you still have some exposure to the market. Remember that you can always be wrong
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Insane volume on some of these small-cap Abstract NFT collections. Pengztracted with 736 ETH (!) volume in the last 24 hours, more than Pudgy Penguins, CryptoPunks and BAYC combined. 5 of the top 10 most traded NFT projects are currently on Abstract - I don’t think we ever saw something like this for any other EVM L2. The market cap of most of these collections is still relatively low, as is the number of holders, might be an indicator that the core Abstract community is driving most of this volume. Is it Abstract NFT szn? Do you hold any?
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A lot of people have told me this week that they feel like their time to "make it" in crypto is running out. BTC is running up to prices where you can't "get rich" from it if you have a small portfolio right now. Most alts are still a long way from ATHs, and it’s uncertain if they ever reach them. The memecoin & NFT space it not in "get rich" territory right now. But I think it's more nuanced than that and that time is by no means running out. There will always be opportunities to build a portfolio from nothing. Just look at InfoFi in the last few weeks or the success of the Virtuals ecosystem as a top AI launchpad. And these two will not be the last big metas in crypto. In the last four years, I've seen people "make it" in all sorts of metas: NFTs, memecoins, gaming, SocialFi, AI, hell even spamming tickers (remember Portalcoin?). People with completely different skill sets and interests. You have time. Most people here don't reach their goals because they want it "too fast" and look for shortcuts (most of which are -EV). Stick around long enough and you will come across countless opportunities to change your life in crypto
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