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.
Nobody by Stephen Chow - Another asian celebrity NFT?
Hi Fren, Celebrity NFTs have had a bad track record. Zombie Token Club by Shawn Yue, Phanta Bear associated with Jay Chou and Logan Paul's many NFTs.... Nobody is by Stephen Chow. The most popular comedic actor in Asia who's making NFTs around his movie IP scenes. At first, I wasn't that bullish on the NFTs because I just didn't believe celebrities had any incentive to truly build in web3. Stephen Chow is a billionaire, why should he care? But he did something smart. He assembled a strong team that knew what they were doing.
The mint was 0.19Eth and right now it's 0.94eth! They did a couple of things right. First, they used the same auction strategy as Keungz and Memeland MVP. The website is executed to perfection.
Finally, this is something I didn't expect. Stephen Chow sent personally signed physical cards to his celebrity friends to advertise the mint while it was happening. They got Vanesse Wu, JJ Lin, Jay Chou and Charlene of Twins to post on instagram a physical card and tagging nobody. All in all, this NFT mint surprised me. I underestimated the power of Stephen Chow, he is really the god of movies in Asia. Yet he's smart enough to assemble a true web3 team to execute this. What next will be interesting. Can they actually build something? We'll have to see. Keith's pickAOFverse is all over the headlines. They did a free mint and people aped in thinking they would get tokens when it launched. When the token launched and there's no allocation for NFT holders, people felt mislead. The playbook has changed. Launching a free mint doesn't mean it's free. Your holders who bought in after mint expects more. Token launch has flipped on it's head and most of it needs to go to community now. The investors and team gets most of the token age is over. 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...