Hey! Here are some fun facts about NFT volume:
20% of Blur's volume comes from only 15 wallets.
50% of Blur's volume comes from less than 300 wallets.
Watch the top 500 farmers drive artificial volume live over any timeframe with source below ⬇️
Houston, we have a problem in NFT market liquidity.
Mints, royalties/fees, and gas fees have taken a total of -1.4M ETH out of the NFT market in 2022 YTD.
The total liquid ETH in all L1 NFT trading wallets is currently 1.0M.
This is primarily caused by project greed.
🧵 ↓
I had five GPT-4 agents autonomously play a game of D&D amongst themselves.
This 10 min long video is a clip of their 40+ min "game."
This is a hobby project I'm working on called "AutoLore" where AI agents roleplay among themselves.
Some interesting learnings...
Hey it looks like people enjoy NFTs again! 🎊
Fun!
What if I told you it's completely artificial and will return to the same slow decline soon? 👹
Here's a fact based understanding of the current state of ETH NFTs and new dynamics in a BLURsed world...
🧵 ↓
i love how random things come together sometimes... a crazy friend spent the last 10 months making an obscure free mint project and now we are in the free mint meta.
curious to see how it goes. i'll share the link for y'all (poof's first shill lmfao)
I’m so proud to work with the
@EtherOrcs
team!
@b33feth
@poof_eth
.
It’s a real honor to work with an indie team that works as hard as they do! All for the passion of making a great web3 game!
Go play
@EtherOrcs
!!! The
@DigiDaigaku
event is amazing! 🫡
A long(ish) thread on gaming in NFTs ahead: I know it's easy for folks already participating in earlier NFT games to have mixed feelings on
@wolfdotgame
but I'm going to share why the explosion of interest in it is awesome for us all (1/12)
We are All Going to Die. NFTs are Dead.
But that's okay because Death will save us.
This is the start of a long multi-chapter hyper-thread on the NFT market from 2021 to 2023
Chapter one begins below
Come learn about the $6.5B spent on NFT mints
🧵💀↓
EtherOrcs has been an incredible journey, and we want to thank the team and community for their support. It has been an honor to work, build, innovate and just hang out with everyone.
Thank you ALL!
ZUG ZUG!
WOW just got off a call i can't talk about right now.
some HUGE things at play for the Call that I just got off.
can't believe it. some INSANE things Coming from the Call that I just got off.
Truly something that the SPACE has NEVER SEEN before.
can't say more right now
NFTs are finally fundamentally entering the true “bear.”
User participation is at an all time low.
This is good — everyone who is worried about price can fall out and we can get to more interesting things than the last two years of boring popularity contests.
We are All Going to Die. NFTs are Dead.
But that's okay because Death will save us.
This is the second part of a long multi-chapter hyper-thread on the NFT market from 2021 to 2023
Chapter two below
Today we learn that 80% of NFT volume is done by 10% of the wallets.
🧵💀↓
all of the logic of "why a project succeeds"
the threads that you read
the endless writing to justify the price of XYZ asset
it's all shitcoins with images. for 99% of projects this is fake and has always been fake.
everything is zero in two years.
@brofromanother
Was thinking a lot about this. People who said Killing of a Sacred Deer were definitely onto something.
I’m thinking that Oppenheimer is probably the most evil in this definition though.
@AYYYliens_nft
@joeywreck
What? You should get up to speed on the history of the situation. Palestine has been under increasingly brutal occupation this whole time.
You’ll handwring yourself into a grave worrying about NFTs and art.
We should be celebrating the death of less than mediocre trash that clogged up the entire system for three years.
Open field, lower stakes, have fun again
The Digi x EtherOrcs Dungeon event ends on Monday!
And the leaderboard... well... the competition has been TOUGH. An unbelievable 3 months worth of playtime has already occurred!🤯
Get your runs in now and stake your key if you haven't yet -- just do one dungeon to get a chest!
Honestly the “fun” part of being early is that you literally have direct access to leading talent.
Like literally I am lucky enough to call myself friends to some of the people who are on the cutting edge of thinking about and literally doing multiple areas…
It’s truly nuts.
Top 500 blur volume traders below...
You can change the time period to anything you want and focus on specific collections as well.
Thank you to rmas for helping me with this one:
I have mad respect for Tales of Elleria.
So happy to see it not being slept on anymore.
It's literally one of the most developed NFT native Web3 games today. And was totally slept on by everyone.
The plan? Hire a 13 year old to make 3D graphics using YouTube tutorials. Present these graphics as the next generation of AI art to MoMA and the World Economic Forum using a Steve Jobs impersonator. Finally, unveil the truth promoting our new product: Child Intelligence.
@iris_IGB
I hadn’t looked at this before. Interesting. This theoretically applies to all DCNN then huh? I guess unless the upscaling from the latent space image is pixel perfect (e.g. doing proper pixel art out of a latent space vs the ugly shit you would get out of SD or whatever)
Okay, ready for a long and serious thread on
@wagdie_eth
?
Wanted to share some thoughts I have had brewing on WAGDIE and why makes it so unique to me as an experiment in the Web3 space.
Long thread below🧵👇
What I would take away from this is that there is still a "third" path for NFTs that is unrealized... an indie path that's focused on development, building, and more without chasing hype or creating rampant speculation.
The longer the bear the better… all of the cool stuff is still being worked on and all of the boring stuff from 2021 is dying.
Another 12 months of this and we will be in a whole new paradigm.
fRiENDSiES is indicative of a much bigger issue with NFTs that we are not yet on the otherside of.
It's not an influencer "conspiracy." This was launched by Christie's and Opensea.
The underlying issue is: There was never a meaningful cultural reason for it to exist at all
Honestly watching people discover Mathcastles for the first time makes me so happy.
It’s one of the few art projects that truly understands and USES blockchain as THE MEDIUM for its art.
Better than Fidenza or anything else out there right now…
I'm slowly realizing a key motivation for me to continue working in this space is to show how Web3 can be different than it is today.
No fake promises, no false hype, no massive funding, no talk. Pure execution driven by an unstoppable team sourced out of our community.
second time running today's dungeon on The Beacon!
super fun... looks like its starting to get a tiny bit harder... when's the real challenge comin
@0xkarel
??
This is spicy but we need to stop coddling Founders. I see way too many posts about how hard things are for Founders. It’s literally what you sign up for when you’re leading a project. It’s hard. The expectations in the NFT space are too low, not too high.
Engagement farming is dead
High quality, value giving posts are outperforming mindless copy pasta
No more "tag 3 friends and RT"
No more "What are we sweeping?"
No more "First 1000 to engage and I change your life"
Just value sharing and being kind
Act accordingly
alright. i am very proud to announce something i have been working on for a long time...
it's called NOlist.
the first complete off chain, non-existent list project of its kind.
how do you join?
simply apply below ↓
Small story time... Thanks to
@AnonymiceNFT
... I have been able to generate a full 7 ETH profit on this sale which I am going to be able to use to pay off the entirety of my partner's medical bills... Really life changing -- and this has only just started! Still have two mice!
pak literally harvested almost $100M from everyone with an "art" token scam just to then start posting shit like:
"A frog in the apple pie is only an illusion. Creation is the real justice"
don't understand Terraforms?
finding the existing content boring?
your worries are over.
@k1ttenself
and i have been working on something that can help.
please watch this video.
I know everyone is distracted by y00t but I’m more excited for GAS launching than pretty much anything else right now.
Going to be next level knowing the care and effort put into this.
I'm going to make this simple for you threadooor types.
Terraforms isn't the next major project. It isn't the next major brand or future Disney.
Mathcastles isn't even the next Picasso.
Terraforms is the next wheel.
Let that sink in.
The shilling that was promised... WAGDIE
My friend's free mint cc0 project... 1 per wallet, 6,666 collection. It is contract mint only and has no website only a twitter.
Minting is now live... send it y'all... contract mint only
WAGDIE had one of the most interesting events I've seen in the space this last week.
To put it simply, they had a cross-platform on chain TTRPG quest experience with real stakes.
Here's why it feels like WAGDIE is going to change the game for what an NFT can do.
🧵 ↓
The
@DigiDaigaku
x
@EtherOrcs
competition has ended... EVERYONE who participated will be receiving something...
Keep your eye out for some cute pink boxes arriving in your wallet by the end of the day today...