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A Top Shot Christmas Miracle šŸŽ„

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A Top Shot Christmas Miracle šŸŽ„

Featuring Hot Packs, WishList, Employee Purchases, Pack Giveaway, and a new section called Making Moves.

LG Doucet
Dec 17, 2022
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A Top Shot Christmas Miracle šŸŽ„

thefirstmint.substack.com

Editorial Note: This Saturday edition of the newsletter recaps the week in web3. It features highlights from our fave projects, top Moments in the community, and a NEW SECTION titled ā€œMaking Movesā€, with actionable moves to make (and how it takes to do each one!)


Dear friends,

As we approach the season of merriment, I want to start this week’s recap by saying that I hope you find some time to relax this December.

It has not been an easy year in the NFT space (or in the world in general), and although the holidays are a naturally stressful time, we don’t need to add unnecessary pain by overthinking what we can’t control.

The market tanked. We lost value. Many people left. There’s nothing we can do about that over the coming weeks. And worrying about our bags won’t help.

The bull will rise again. And until then, we have to take rest while its available, and take it easy on ourselves.

Because after all, no matter how down bad you are, it can’t possible be down any worse than this man right here.

Twitter avatar for @SpacChad
The Chad @SpacChad
This is hilarious, serious 3am infomercial vibes #trump #nft
4:12 PM āˆ™ Dec 15, 2022
599Likes109Retweets

Yes, that’s a real ad.

And yes, the collection hit #1 on OpenSea yesterday.

We have literally hit bottom, folks.

So lets get into all the action from this past week of web3 x sports.


A TOP SHOT CHRISTMAS MIRACLEšŸŽ„

Last year it was rakeback (we all got some Dapper $).

This year its Hoopsmas.

On Thursday morning Top Shot rolled out their holiday community campaign, and it was quite the event. I woke up late and was greeted by pure chaos - kind of like the good old days 🄲

Here’s a full list of what went down:

Hot Packs

$10 for a starter, $25 for a booster. Each with different Rookie Debuts, Mixed Commons, and small % at Rare/Legendaries.

I ripped 10x on stream and landed Paolo Banchero + Shaedon Sharpe Debuts (!!)

Top Shot Secret Santa

Where collectors ā€œgiftā€ a Moment to the Secret Santa account, and will automatically received a random Moment in return, and ALSO be entered to win prizes.

List of what can be won:

Prizes to be won via Top Shot Secret Santa. YES, those are NBA Jam Arcade Machines at the bottom.

Gamified ā€œCampaignsā€

Basically an NFL ALL DAY-style playbook that last 20 days and rolls out a new ā€œplayā€ every 24 hours. There is a Rookie option (Easy) and Veteran option (Hard).

Holiday ā€œWish Listā€

Where collectors add Moments to their Wishlist (already a feature in TS) and then athletes and Dapper staff randomly buy + gift some of these moments to them. Like Make-A-Wish, but for Moments.

Twitter avatar for @hbarnes
Harrison Barnes @hbarnes
What's on your @NBATopShot Holiday Wishlist?Ā Tweet your favorite Top Shot Moments, and I'm going to pick 30 of them to buy and send out as gifts next week.
Image
5:48 PM āˆ™ Dec 15, 2022
593Likes167Retweets

What The Community Had To Say

These announcement hit collectors with a flurry, and by the time the dust settled, many had FOMO’d into the hot packs.

The reaction was overwhelmingly positive (great!), but it is Top Shot, and thus doubt quickly crept in across the ecosystem.

Many were quick to point out that by releasing these packs unannounced, TS purposely avoided negative pack value projections (that was the word on the street).

Later, JBB projected these packs at $8.87 for the $10, and $13.81 for the $25.

Twitter avatar for @jonboybeats
Jon Jackson @jonboybeats
Well folks... The numbers are in for the Holiday Hot Packs. May want to sit down or avert your eyes if you are prone to queasiness. $10 Hot Packs - EV of $8.87 $25 Boosted Packs - EV of $13.81 Thoughts...you want em? I've got emšŸ§µā¬‡ļø
Image
12:20 AM āˆ™ Dec 16, 2022
36Likes4Retweets

And others turned the attention back to questions of supply, and highlighted that Dapper was extracting more money from the market.

Twitter avatar for @NYKnickGuy
Anderson .Pack @NYKnickGuy
80k $10 packs = $800,000 & 240,000 new moments 50k $25 packs = $1,250,000 & 300,000 new mounts This drop adds 540,000 new moments and $2,000,000 of dapper extracted At neutral EV this implies $800 of new economic value per mp buyer & 108 new moments This may be it @NBATopShot
5:54 PM āˆ™ Dec 15, 2022
28Likes1Retweet

Personally, I thought it was pretty good, and will reserve full judgement until Christmas is over.

I hear what these peeps are saying, but I still went ahead and ripped 10x packs on stream yesterday and had a good time doing it (despite the barrage of useless 8k mint Moments in my packs).

I think the playbook has massive potential and is a long awaited feature. Wether TS is adding users or not, its vital for current collectors to have something to do on the site almost every day. And the playbook is that start of that, and hopefully the dawn of a new day on the vibes front.

Heck, they’re giving away NBA Jam Arcade Machines! Pretty sweet.


Not To Be Missed: The Dapper Play Policy

Buried deep in this avalanche came a few sneaky bits of long-awaited news.

Dapper released its Employee Play Policy, which had been originally shared with the community last Summer (harshly rejected), which has now gone live.

That’s right - employees can now buy stuff.

Twitter avatar for @LgDoucet
LG DOUCET @LgDoucet
Dapper Play Policy came out amidst today's announcements List of things they cant do includes - Pack drops - Challenges - Sell Moments - Accept Offers They also cant receive Receiving Gifts from other people. If you send one their way, it might go to the locker room!
Image
5:20 PM āˆ™ Dec 15, 2022
32Likes3Retweets

TLDR; employees of Dapper Labs can buy Moments and that’s about it (until they are no longer employees of course).

This news also began to answer one of Top Shot’s other long awaited riddles:

What will happen to the 2,673 Moments in Roham’s account?

As per Evaluate, Roham’s account is worth north of $4M and ranks 5th amongst all collectors. He owns multiple grail Moments, including 5x Ja Morant Cosmics.

By the sounds of it, he may actually be gifting some of his Moments away during Hoopsmas, which would be a clever and quiet solution.

Word on the street is that he’ll also be BUYING some Moments off the floor to gift. And he may have already started!

The play policy will have other interesting unforeseen effects. Such as dapper employees openly buying their own grails.

Twitter avatar for @AJ_Curry
AJ Curry @AJ_Curry
Also completed my first @NFLALLDAY set. Showtime in hands down my favorite. I have always been the biggest lover of celebrations, and I named this set after my #ShowtimeCam project at NFL that was all about cellys. Was a no brainer to grab it ā¤ļø
Image
11:48 PM āˆ™ Dec 15, 2022
82Likes7Retweets

Which I think is awesome.

Finally, the people running the restaurant will get to at the very least sample the cooking.


🚨GIVEAWAY ALERT🚨

What did YOU think of the Hoopsmas rollout?

Comment on the Twitter question below for a chance at a Moment from a Series 3 Throwdowns pack!

Twitter avatar for @TheFirstMint
TheFirstMint @TheFirstMint
Top Shot's Hoopsmas celebration (all of it) Yay or Nay?
1:33 PM āˆ™ Dec 16, 2022
35Likes1Retweet

We’ll run the draw next week.


NEW SECTION: ⚔Making Moves⚔

This is a new section that recaps immediate action items in web3 x sports.

And I want to remind everyone that none of this is financial advice. Please make your own decisions! This is simply a list of stuff you might have missed!

On tap right now:

🟢 Join Our Sorare League | 30 seconds

Sorare has rolled out a ā€œPlay With Friendsā€ format, where you can join organized leagues (just for fun!). We have over 55 people in ours so far (limit is 100)

🟢 FREE Manchester United NFT | 60 seconds

This link should still be live by the time you’re reading this. Manchester United is putting out a free fandom NFT, and the site will mint you a new wallet upon sign up.

🟢 Top Shot Secret Santa | 60 seconds

ā€˜tis the season on Top Shot, and for every Moment you send to the Secret Santa account, you’ll get 1x Moment back and a chance to win tons of cool prizes!

🟢 OTM Rumble Week 15 | 2 minutes

Put your ALL DAY Moments to use. Two prize pools: $10k Free to play, and $20k Jolly Joker gated. No harm in putting in moments you already own.

🟢 ALL DAY Playbook Week 15 | 2 minutes

Easy path to 65 yards gets you 2x free packs, and it starts by predicting a few Sunday games. Only 3x more weeks left in the season after this!

šŸ”µ Tax Harvest Your Illiquid NFTs | 10 minutes

The NFT Loss Harvestooor is a site that will buy your illiquid ethereum NFTs for pennies, allowing you to realize large losses. Get ā€˜er done by Dec 31!

šŸ”µ ALL DAY Drop For Ultimate Moment | Tuesday @ 1pm ET

The Immaculate Reception is coming to NFTs, and will be dropping this Tuesday. These big ones are always worth a shot if you can stomach the pack price ($69).

Note: Over time, we will expand this section to include stuff beyond our circles and much more than just challenges. We mainly just don’t want you to miss anything vital! So stay tuned.


šŸ“ø HIGHLIGHTS OF THE WEEK

So. Kawhi is back.

And earlier this week the Clippers beat the league-leading Celtics by 20 points.

Twitter avatar for @NBA
NBA @NBA
Kawhi has eyes in the back of his head šŸ‘€ #PhantomCam
5:12 AM āˆ™ Dec 13, 2022
967Likes85Retweets

Meanwhile in the land of the Mavericks, Luka just doing Luka things:

Twitter avatar for @NBATV
NBA TV @NBATV
Still not over this Luka dime from last night šŸ”„
5:58 PM āˆ™ Dec 15, 2022
282Likes29Retweets
Twitter avatar for @overtime
Overtime @overtime
LUKA CATCHING BODIES NOW???
3:21 AM āˆ™ Dec 17, 2022
1,338Likes160Retweets

And in Chicago, Caruso got dropped on this Jalen Brunson bucket (Knicks been on fire lately):

Twitter avatar for @BleacherReport
Bleacher Report @BleacherReport
JALEN BRUNSON DROPPED CARUSO 😮
3:28 AM āˆ™ Dec 15, 2022
12,848Likes1,195Retweets

Ok this one is NOT a sports highlight, but its worth watching.

The guy running the FTX hearing referred to Sam Bankman-Fried as ā€œInmate #14372ā€

Twitter avatar for @MacnBTC
Mac 🐺 @MacnBTC
«Sam Bankman Fried or should I say Inmate #14372» spilled out my drink lol
4:04 PM āˆ™ Dec 13, 2022
2,266Likes334Retweets

🌐 AROUND THE METAVERSE

Notable highlights from the last seven days.

Sports
  • Sorare continues to ship and there might be MORE on the way | Nicolas Julia

Web3
  • FLOW held its first-ever town hall | highlight from bz_bbclub

  • Gamers are more interested in earning Bitcoin than NFTs | CoinTelegraph

  • Reddit Users Have Minted More Than 5 Million NFTs on Polygon | Decrypt

  • Full Video Recap of 2022 in web3 | Metaversal

The Weekly Chart
  • In this week’s chart, AD bounced back up to 2nd and Candy fell off from their surge last week. Adidas is about to fall off the chart, and its likely that Nike will follow next week.

Twitter avatar for @TheFirstMint
TheFirstMint @TheFirstMint
Top Traded Sports Collections | Last 7 DaysšŸ—“ļø āš½ļø1. Sorare* ($3.9M) šŸˆ2. NFL ALL DAY ($576k) šŸ€3. NBA Top Shot ($387k) āš”ļø4. RTFKT x Nike ($338k) šŸ—‚ļø5. Panini ($296k) āš¾ļø6. Candy ($198k) šŸ‘Ÿ7. Adidas Collections ($62k) 🄊8. UFC Strike ($60k) per @cryptoslamio
3:09 PM āˆ™ Dec 16, 2022
41Likes5Retweets

šŸ’€ TOP MEMES

No context needed for these beauties.

Twitter avatar for @MinisterOfNFTs
MinisterOfNFTs šŸ”® @MinisterOfNFTs
Image
3:27 PM āˆ™ Dec 14, 2022
266Likes41Retweets
Twitter avatar for @thedropnft
The Drop @thedropnft
How far we have strayed from the light
Image
5:19 PM āˆ™ Dec 15, 2022
9Likes3Retweets
Twitter avatar for @betty_nft
BETTY @betty_nft
ā€˜Why would anyone spend money on digital items?’ Every department store:
Image
12:24 PM āˆ™ Dec 12, 2022
1,441Likes365Retweets

And finally, a word from a very special sponsor:


Soccer fans, we have BIG news🌟

The World Cup is about to end, but LaLiga has launched its own video digital collectibles platform: LaLiga Golazos, developed on the Flow blockchain by Dapper Labs, just like NBA Top Shot and NFL ALL DAY.

What is LaLiga Golazos? It’s a new way to enjoy soccer and your favorite current and former stars by reviving their best Moments and highlights through video digital collectibles, that you can own.

LaLiga Golazos is now live with one of the best drops in the history of soccer: KINGS OF THE WORLD. The drop is open until January 4th and features 40 of the biggest stars in LaLiga who have had memorable performances in the World Cups including 20 World Cup Champions! Ronaldinho, Diego ForlĆ”n, James RodrĆ­guez, Thierry Henry, Ronaldo El Fenomeno, Luis SuĆ”rez, David Villa, IvĆ”n Rakitić and many many more.

Go to LaLigaGolazos.com to learn more about KINGS OF THE WORLD and be the first to own and collect some of the biggest names in soccer!


**This is not financial advice.Ā 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.ā€


About The First Mint

A web3 sports community. Podcasts. Newsletters. Events.

We cover: Sorare, NBA Top Shot, NFL All Day, UFC Strike, MLB Candy, and more!

Tweets and Newsletters are not endorsements.


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