Waves Super cycle double bottom $1.25 close.Next stop
1.55/1.7/1.95/10.8I honestly would like to hear from anyone on a counterpoint why a 2017 art vault with certified documentation to prove that statement could not be worth $5bn on paper when others like Mooncats Cryptopunks Autoglyphs are $100m-billions?
So in actuality who will stop this from ranking top 15 globally at $5bn? Who in here has the merit to contest that valuation? Please show yourself, now is the time.
MoonCats = ~$9 million on a good day
Cryptopunks wrapped + unwrapped = ~$990 million
Autoglyphs = ~$160 million
All these projects have had a large, active community for years.
Here's the thing: if you had made your collection as NFTs back then, you might have a point -- although $5 billion is very much pushing it. Instead it seems like you have an ERC20 token from 2017 which are fairly common and you're lacking a cohesive narrative + marketing + community.
You're ignoring several years of work involved in achieving these valuations... They didn't just happen overnight.
I am not selling it for $5bn. I requested $500k initially then $200k now that waves is $1.3 I could go as low as 100k-130k for the lot.
After there is 100k waves the road to $500m-$5bn paper cap is open combined with $1300-$20 000 monthly exit liquidity. It is the buyer who realizes this profit over time, not me.
It is not profitable to do crypto marketing unless you are part of a large scale multi million dollar backed project. The marketing cost on coincodex and such starts at thousands of dollars and the clicks can't be vetted. I can't compete with primexbt for the marketing dollars it is simply not realistic. Adwords, microsoft and so on already stopped me from trying their cpc and I dare not try twitter to risk botching a 2018 account with alot of provenance.
Community in this case is an obstacle rather than benefit. This is a small collection of 3 vaults with 30+30 NFTs in each vault. Userbase is limited to a few hundred at this stage. Retail community would be a big obstacle in pumping cap from $200k to top 15 global. And I din't make this for retail it was a criticism of specific people in the Jet Set and Military industrial complex, more relevant than ever.
There are benefits with public participation tho, such as legitimate price discovery but it is hard to onramp retail when the project doesn't have a chance to reach a wide audience through marketing channels.
Here's the thing: if you had made your collection as NFTs back then, you might have a point
I speculate that this doesn't matter because there is such scarcity of crypto art from 2017 and I am not aware of any other projects from that era with this type of high res art (6000x9000 pixels). Every other ABT is gold or fiat backed, mine is the only ABT backed by art. People seem to forget that there was no infrastructure for NFTs in 2017, there was no ERC-721. It is easy to say do this do that in hindsight but the mere fact that I came this close with an integrated complete art collection with provenance to show causality between token and art is simply astonishing. Leonidas on twitter was completely amazed at my foresight in screenshots from 2017 when I laid out verbatim the entire art movement in crypto that would unfold years in the future.
https://www.coingecko.com/en/categories/asset-backed-tokens
MoonCats = ~$9 million on a good day
Cryptopunks wrapped + unwrapped = ~$990 million
Autoglyphs = ~$160 million
You're ignoring several years of work involved in achieving these valuations... They didn't just happen overnight.
Price for this collection (waves vault): $130k. Again, I am not trying to sell for $1bn. $130k for a 2017 art vault is basement bargain.
Waves at multi year low paves the way for huge pump in this vault token but it is no rush, can always stake USDT and generate similar APY (10%) and I am researching options. Btw mooncats did not have active community I was in Punks Discord when they started claiming them from the old smart contract. My asset shares behavioural similarities with Mooncats and it topped at $100m IIRC. So Mooncats was not "years of work" they claimed and pumped it in an afternoon.
USDC/USDT on binance is 3% APY. Would prefer 100k waves/10% apy at $1.3 multi year low entry. 30k waves at $1.3 and DCA down to 50 cents in case.
Instead it seems like you have an ERC20 token from 2017 which are fairly common and you're lacking a cohesive narrative + marketing + community.
Literally all of the 2017 "NFTs" are ERC-20.
So technically I can do $40 000 cash right now to get the ball rolling with a pledge from the buyer of another $100k depending on waves behaviour. You asked me to lower price from $200k to $20k, $40k is the best I can do and that is simply because of prodigios market conditions with waves at multi year low. I will caution that 300 waves per month in liquidity will not yield $5bn pump anytime soon. This vault was already sold once in 2019 pre NFT boom for $4000. I bought out that majority holder a few months ago to repackage the deal and mainly get the cap into top 2000. Cap increased by x20 since april after the buyout. With 100k waves leased at 50c-$1.3 I can generate $200k ---> $30m market cap instantly and $500m-$5bn over 24 months.
