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Hot Pack Winter Is Here ☀️

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Newsletter

Hot Pack Winter Is Here ☀️

Including Russ' Bench Cooking, Top Shot's New Hot Packs, Big Time Grail Sales, VIP Chat Breakdown, Sorare Swaps & More

Ghost
Nov 9, 2022
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Hot Pack Winter Is Here ☀️

thefirstmint.substack.com

Good Morning, B&B Squad! Happy Wednesday!

We’ve got a ton of news across Top Shot and Sorare NBA to get to, so I’ll only leave you with a quick macro NBA thought:

Russell Westbrook’s 6th man success has been hilarious to watch. Just a few weeks removed from blaming the move to the bench for his hamstring injury, Russ has since thrived in his new role — averaging 19.6 points, 4.8 rebounds and 7.6 assists. Has he found a new niche in the league?

Also, he is still unapologetically Russ, doing weird things like wiping his sweat on Colin Sexton’s hair?!?

Twitter avatar for @Brewin07
Noweez @Brewin07
Lmaooo Russ
3:59 AM ∙ Nov 8, 2022
21,001Likes1,596Retweets

Let’s get into all the action from the last few days:


Hot Packs & Sales Snacks 🔥

We’ve got our first pack drop of the new NBA season, with 55,000 ‘Hot Packs’ available via a new draw system:

Twitter avatar for @TheFirstMint
TheFirstMint @TheFirstMint
New packs are live on @NBATopShot, with a draw system in place🗳️ 📦Hot Packs (Release 1) 💰$10 Packs 🃏3x NFTs per pack ✉️Delivered Nov 10
Image
9:11 PM ∙ Nov 8, 2022
48Likes8Retweets

Collectors can join the draw by putting a ‘hold’ on the Dapper Balance needed for the amount of packs requested (limits vary based on Collector Score), with successful entries being delivered on Thursday, Nov. 10. No waiting in the queue!

Some highlights in these packs include:

  • Rookie Benedict Mathurin’s Top Shot Debut (with 3,800/4,000 being released at once, a change from previous years)

  • Seven new Fresh Threads moments, including Rudy Gobert, Donovan Mitchell, and John Wall

I actually am a fan of the format, as well as the distribution method for this first drop. Supply is always the elephant in the room, but releasing these as blended Hot Packs at a $10 blanket cost is an improvement on many individual drops of Common, Fresh Threads, etc.

Elsewhere in the Top Shot streets, it was grail SZN — with Steve Veerman making a massive purchase of a Series 1 LeBron James #23 legendary moment for $12,999. The same moment previously sold for $78,000 in January of 2021. Yowza!

A thread on how it all went down:

Twitter avatar for @intangible_eth
Steve 🏀 @intangible_eth
Now that the dust has settled, I can finally review everything that led to my @NBATopShot LeBron purchase yesterday, including the Moments I fire sold in my pursuit. I went through a rollercoaster of emotion in a very short window and thought I would share. 🧵⬇️ 1/17 (sorry)
3:53 PM ∙ Nov 6, 2022
236Likes14Retweets

Another big sale rolled in on Monday, with user MrT purchasing Ja Morant’s legendary Series 1 Top Shot Debut for $12,500.


VIP Voices Concerns 🗣

Dapper Labs CEO Roham Gharegozlou made an appearance in the Top Shot VIP Discord on Monday, taking questions from a concerned group of collectors.

While nothing groundbreaking came from the conversation, Roham did hit on some important topics in the community — detailed in the thread below:

Twitter avatar for @TheFirstMint
TheFirstMint @TheFirstMint
Roham Discord AMA | Notes Dapper CEO @roham popped into the Top Shot VIP chat last weekend to answer some Qs. He discussed: - Top Shot S4 priorities - TS product market fit - "Mobile-first org" - Dapper layoffs - Mobile app Summary Thread🧵
1:25 PM ∙ Nov 8, 2022
30Likes5Retweets

Full transcript of the conversation here.

Credit to Roham for taking some heat from the community, after being largely invisible over the last few months. How I would be as the head of a company in a room of angry users:


Sorare Streets 🚥

Game Week 7 is off and running, but not before some new features and a huge Unique sale earlier this week.

Sorare announced a new card swap feature on Monday, allowing managers to exchange one common card for another of similar value, every 24 hours.

I took advantage of the new tool immediately, chucking a player who didn’t fit my team’s culture (don’t let the door hit ya on the way out!) and getting to choose from five players with similar L10 point caps:

Twitter avatar for @GhostOfGregOden
Ghost 👻 @GhostOfGregOden
Love the new trade in feature on @SorareNBA 😬✌️
Image
7:31 PM ∙ Nov 7, 2022

As detailed in the previous newsletter, Sorare also ramped up the Unique auctions this weekend, in anticipation of this week’s higher tier competitions.

The Kevin Durant 1/1 auction was a spicy one, concluding Monday morning for nearly $60,000:

Twitter avatar for @TheFirstMint
TheFirstMint @TheFirstMint
The Kevin Durant Unique card just sold for $59,946 on @SorareNBA 🤯 Buyer was @b1ng_b0ng 👀 fair price for the 1/1?
Image
3:10 PM ∙ Nov 7, 2022
108Likes10Retweets

Community Q&A Fun 🐦

Twitter avatar for @TheFirstMint
TheFirstMint @TheFirstMint
you can only buy ONE sports NFT right now no price limit which one you getting?
12:41 AM ∙ Nov 9, 2022
14Likes3Retweets
Twitter avatar for @SI_Swoops
Swoops Illustrated @SI_Swoops
@TheFirstMint No price limit? Give me these 4 Swoopsters! @PlaySwoops
Image
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2:21 AM ∙ Nov 9, 2022
Twitter avatar for @PokerProErik
PokerProErik @PokerProErik
@TheFirstMint Sacramento Kings official team NFT ✅ Free game tickets every year ✅ Free NFT hoodies ✅ Free meet & greet team owner ✅ Free play on the Kings home court ✅ Free food & drinks
Image
12:43 AM ∙ Nov 9, 2022
Twitter avatar for @ericnv23
StraightCashHomie.eth @ericnv23
@TheFirstMint Lebron Cosmic
12:46 AM ∙ Nov 9, 2022

Around The First Mint 🗣

🎧 Why Tom Brady’s $200M NFT Project Is Struggling

When Tom Brady retired in February 2022, he announced that he would dedicate all his time to his new NFT platform: Autograph. Designed to sell digital collectibles of top tier athletes like Tiger Woods and Wayne Gretzky, the platform burst out of the gate amidst the NFT boom. But in the doldrums of the bear market, the platform is struggling to keep collectors happy, as promises are broken and Brady spends another season on the field. We dive into the project, its co founders, and talk directly to the community.

🎧 How Nike Plans to Double Revenue with NFTs

🎧 Why the Chicago Bulls are winning at NFTs (Feat. Luka Dukich)

🎧 Steph Curry’s Multi-Billion Dollar Future in Crypto

Thanks for reading!

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

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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