Founder of OliveX, a fitness web3 company. Sold out $3M of NFT's and advised multiple million dollar NFT projects. Subscribe to get tips on launching an NFT collection. Join 2,387 other CEO's, execs, VC's and web3 founders on my email list.
All good things come to an end...
Hi Fren, Everyone is launching a token. Pixelmon with $Mon, Star Symphony with $SIMP, Overworld $MNCT, Yogapetz $PRANA...the list goes on. If you invested in $Meme or $Grapes, you would have made 5x your money if you sold it. However, there is a hidden problem. The token market is a PVP (player vs player) market. Every time a new token launches, people will sell their existing tokens to make a profit on the new token launch. Unfortunately, this creates selling pressure for $meme and $grapes. I also predict that there's less and less money to be made with future NFT token launches. I mentioned before, it's a race against time! The first NFT tokens to launch will get the biggest piece of the pie. You also have to factor in the exchanges. Binance doesn't want to list 10 NFT tokens in a row. It will get harder and harder over time to list an NFT token. Keith's pick
Thanks for reading! Hope you like the alpha in this one! Keith Rumjahn |
NFT Launch Formula
Founder of OliveX, a fitness web3 company. Sold out $3M of NFT's and advised multiple million dollar NFT projects. Subscribe to get tips on launching an NFT collection. Join 2,387 other CEO's, execs, VC's and web3 founders on my email list.
Hi Fren, I'm obsessed with 404s right now so I'm going to be writing about them moving forward. I missed out on Ordinals and I really think 404s are going to be the next big trend. BT404 404s are moving fast. We went from ERC404 to DN404 and now there's BT404. "It will be the first NFT collection that comes with a native profit-sharing P2P marketplace." - BT404 This is a good thread on BT404. 404s on L1 and L2 other than ethereum High gas prices are a big problem for 404s. It costs almost as...
Hi Fren, What worked in 2022 doesn't work in 2024 anymore. The playbook is changing. Everybody needs a FARMING website. You need to give rewards to your holders for tweeting. It takes more effort to build a website but it works better than getting influencers to shill you. Portal KILLED it with their farming system and people made hundreds of thousands of dollars farming portal engagement. If you tweeted #portal and engaged with portal tweets, their system detected it and gave you shards....
Hi Fren, Moonbirds by Kevin Rose rose to prominence during the 2021 bullrun. At it's peak, Moonbirds were worth 30eth but it has struggled recently falling to below 1eth.Yuga has been on a buying spree. Acquiring multiple assets like Cyberpunks, 10KTF and Meebits. They're sitting on some of the biggest NFT collections by trading volume. Now they've added Moonbirds.Unlike previous acquisitions, this one is controversial. Alot of BAYC holders are not happy because BAYC price has been falling...