for those that don’t know, an NFT season has started on TON recently

brands like @pudgypenguins @Azuki and more are releasing limited supply sticker packs, which can then be wrapped into NFTs and resold

floors generally 3-5x mint price and total capitalisation of this market is ~$25M

in comparison the telegram gifts market is worth ~$400M

stickers are bought with telegram stars (the in app credits), then wrapped and resold for TON; each sticker pack around 2-3k supply

sticker limited runs have existed for a long time on messaging apps but it’s interesting to see a whole marketplace come up to enable secondary trading

yesterday the azuki pack saw 150k people trying to fight for a 3,333 supply pack (somehow i managed to snag one hehe)

thanks @rrrusxx for onboarding me