A Lit Locker Room ♻️
Featuring Tons of Trade Tickets, A Hot Top Shot Market, Wedding Vibes, Locking Data & More
GM, B&B Friends! Happy Wednesday — hope your week is off to an excellent start!
Programming note — you’ll be hearing from LG this weekend for the Saturday B&B, as I will be finally… GETTING MARRIED!
Yes, our wedding (that was originally scheduled for 2020 until COVID crashed the party) is actually happening — four years in the making!
Speaking of weddings — here is a hilarious video of Joel Embiid dancing the Hora, which I wish I could have at my own reception:
Let’s get into all the action from the last few days:
A Lit Locker Room ♻️
The new and improved Locker Room packs dropped on Friday, with collectors able to continually rip, recycle and repeat in search of rare or legendary moments. It feels a bit similar to a penny slot or cheap lotto ticket, and honestly it’s been pretty entertaining!
Some data on what the numbers look like after a weekend of ticket activity:
christian hardy 🪄 @ByHardy@PackripEwing @Jayne @vinylsneverdie would love to hear numbers behind amount of locker packs that have been purchased, and how many MGLE/holos remain in these packs. +1 that's able to be provided in a tweet somewhere. looking forward to the space regardless! (:
I’ve personally ripped a bunch, and while I haven’t hit anything noteworthy — the pack opening itch is being scratched with low risk, all while getting rid of moments I don’t care about. Win. Win.
And the community has certainly been churning those tickets, with 409,000 created on Saturday alone.
There have been also some nice pulls out on the Twitter streets:
Market Movers — Locked & Loaded 📈
In addition to the Locker Room, last week also saw the start of Team Leaderboards and the ability to lock up moments.
Wondering what is getting the 🔒 so far? OTM with the stats:
And with the added intrigue and fun new features, the market seems to be responding 👀:
Fingers crossed that we can avoid the flywheel pattern we’ve seen over past years as the next NBA season inches closer:
Season start » Moment printer goes brrr » Market tanks, collectors angry » Offseason » Less supply, new features » Market up, collectors happy » Repeat
And for those of us who have been shitposting about Top Shot for a while (myself included), this one hits home:
Nifty’s x TFM — Shark Week 🦈
Ready to sink your teeth into some Shark Week NFTs?
Nifty’s is partnering with Discovery to bring fans into Web3 with the launch of a new, two-part NFT program created exclusively for shark lovers.
The first five eco-friendly NFTs drop Wednesday, July 20, at $10 each on Nifty’s! Plus, starting Sunday, July 24, watch Shark Week at 9 PM EST to claim one exclusive FREE NFT each night of the week through July 30.
Flowty x TFM 🤝
The First Mint is excited to announce our new partnership with Flowty, a peer-to-peer NFT loan and rental platform on the Flow Blockchain founded by Michael Levy (fondly known as MBL throughout the Top Shot community):
Are you an NBA Top Shot collector / investor? Did you know that you can do a LOT more with moments than just buy and sell them?
Need help completing a Top Shot challenge? Rent on Flowty.
Have extra moments for a challenge and want to generate income in a safe way? Rent out your moments on Flowty.
Need liquidity but don’t want to sell your moments? Use moments as collateral to take out a loan on Flowty.
Looking for an alternative way to invest in Top Shot? Generate passive income by lending (funding loans) on Flowty.
Flowty’s rental and loan marketplace allows renters, owners, borrowers and lenders to transact in a safe and easy way!
Around The First Mint 🗣
We've heard this before: “fortunes are made in bear markets”. But what exactly does that mean? We bring on The Wolf Of All Streets to tell how he approaches portfolio building in the crypto space, and discuss lessons from recent hardships.
Thanks for reading! — Zach @ The First Mint
Follow Zach on Twitter at @GhostOfGregOden.
**This is not financial advice. Nothing in this newsletter, podcast, or publication should be considered financial or trading advice of any kind. Please do your own thorough research and make your own trading decisions. This is not advice.”
About The First Mint
The First Mint is a web3 media company. We make. We write. We talk. We listen.