A Legendary Week In Top Shot 🧊
The First Mint
Featuring a Big Drop Day, Market Movers, UFC Strike Recap, Crypto Crash & More
gm, NFT friends! Hope you all had a great weekend! It’s freezing cold here in Chicago, and also in the crypto/financial markets — which can make for a stressful time. Remember to take care of your mental health, and make sure to unplug from time to time (I know, it is really hard).
If there’s any consolation, our JPEGs haven’t taken too bad of a hit (in ETH anyways):
Let’s get into all the action from the last few days:
P.S. — we’ve broken our TFM audio content into two separate feeds! The pod is in its normal spot, while our live content (like our UFC Strike Spaces and ‘NFTs to Buy Under $1000’) moving to a separate feed on Apple andSpotify.
Make sure to smash that subscribe/follow button, and thanks for listening!
Market Movers 📊
Let’s check in on the state of the Top Shot market post-Durant hype, via @SteefCrypto:
Your weekly NBA Top Shot market update
The impact of @KDTrey5
🏀 13K+ new users w/ at least one moment
🏀 buyers/sellers up significantly
🏀 pricing remains largely steady.
Data via @EvaluateMarket & @cryptoslamio https://t.co/mn5yD3xqp4
The KD marketing machine seems to be drawing in some new users! But it’s been a positive month for the platform as a whole, seeing significant sales growth. Per Business Insider:
In the last month, it’s already booked $53.8 million in sales, marking a 72% increase, despite the steep slide in the cryptocurrency market that has sent the likes of bitcoin to its lowest in six months, according to CryptoSlam.
But is there still any concern about multi-accounters? Users signing up to reap the rewards is no stranger to the platform — so the question is valid. But Community Lead Jacob Eisenberg was quick to address the issue via Twitter on Monday:
@jonboybeats @ExpulsureTS_DK @LiveTokenCo The rate of multi-accounting has been consistent (and relatively low) so far through the campaign, though we have off-boarded several hundred accounts. Not just their secondary accts, but also primary accts. Staying vigilant, but encouraged our deterrents have been very effective
A BIG Week In Top Shot 📦
We’ve got an exciting week of drops and challenges this week — starting TODAY with the release of the Holo Icon & MGLE packs.
The schedule:
Legendary Holo Icon Drop ($999):
Priority Queue — 9 AM PST | 700 packs | 25,000+ CS
General Queue — 10:30 AM PST | 700 packs | 10,000+ CS
Packs feature 8 moments (1 Legendary, 1 Rare, 7 Common) — Holo Icons minted to /99. Full moment list here.
Rare MGLE Drop ($89):
Priority Queue — 12 PM PST | 4,250 packs | 7,500 CS
General Queue — 2 PM PST | 4,000 packs | 2,500 CS
Packs feature 6 moments (1 Rare, 5 Common) — MGLEs minted to /749. Full moment list here.
We’ll also have the Series 1 Reserve Packs coming on Thursday, with 500 packs available to those who have 350 Trade Tickets ready to exchange.
Imagine pulling a Holo, MGLE and S1 Reserve pack in the same WEEK?!?
Huge week on TS - someone is going to be able to rip a holo pack, an mgle pack, and an s1 pack (3.6% chance if you qualify for all 3).
There’s a 28% chance of none of the 3 (prob my luck tbh).
In turn, that means there’s a 72% of at least 1 (pls 🤞🏽)
Source: @LiveTokenCo data https://t.co/B5uG0d5qAs https://t.co/Sz7yEwZzIo
Best of luck to all those entering the queues, and make sure to hit us @TheFirstMint with those sweet, sweet pack pulls!
Over in the Flash Challenge realm, we got a new one on Monday — requiring the five top bench players (total points + rebounds + assists) from last night’s action. Full details here.
A Post-Strike Problem 🥊
After Sunday’s first-ever UFC Strike drop, users were treated to a nice surprise thanks to an issue with the rarity distribution within packs:
If you bought @UFCStrikeNFT packs this past weekend CONGRATUFUCKINGLATIONS!!!
🎁Free Packs
💰Free @hellodapper balance!!!
😱😱😱 https://t.co/FNUNa9QzYB
It’s a great gesture from Dapper, especially with the amount of new users venturing into the space through this drop.
The comms and quick response are also clearly lessons that the team took from the growing pains of Top Shot — and are little touches that go a long way to building goodwill with collectors.
Also, this ‘pull’ had me rolling — the internet is undefeated:
Just opened my UFC Strike pack. How’d I do? https://t.co/6uocOpGsGA
Around The First Mint 🗣
🎧 The Future of Crypto Influencers
Last week, the NFT world was shook when @BeanieMaxi’s true identity was revealed to the world, along with a history of his alleged scams and dishonest practices in the space. We welcome @TopShotFund a.k.a. Space Cowboy to the show to discuss his recent article on NFT influencers and how collectors can find trust worthy voices in the industry.
🐦 The Best NFTs Under $1000 (.3 ETH)
Thanks for reading! — Zach @ The First Mint
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