Discover more from The First Mint
Marie Kondo-ing Moments 🗑
The First Mint
Featuring the Supply Tracker, Marie Kondo-ing Moments, Mainstream Mania and More
GM, NBA Top Shot Squad! Happy Thursday! Hope you had some luck in the pack drop on Tuesday (for those who participated).
I personally sat this one out, and am just not feeling the base packs at the moment. We’re getting close to the holidays, so maybe we see Deck the Hoops soon?
Let’s get into all the action from the last few days:
P.S. — you know what Thursday means… The First Mint Live! We’ve got a great show tonight, including appearances from fantasy sports legend Awesomo, Lil Noobie, and the debut of ‘The Shill Tank’, where two NFT projects (Swish Dreams from NBA Top Shot data stars Taylor Stein and Greg Murray and the Spoiled Banana Society) pitch judges on their NFT.
See you at 5 PM PST on Twitch!
Pack Post-Mortem 📦
We had 240,000 more base packs hit the Top Shot ecosystem on Tuesday, with a somewhat underwhelming list of new rookies and moments. We’re now 5 drops into Series 3, and it’s feeling ripe for a rare or legendary drop soon.
A look at the supply tracker post-drop:
📦 SERIES 3 SUPPLY TRACKER 📦
A look at the numbers following yesterday's base pack drop:
📊 6.8 Million S3 Moments Minted
📈 Release #4 increased S3 supply by 16.8%
💰 Full S3 Low Ask = $1,764
🏦 Total @nbatopshot Market Cap = $681.19M
Data: @MomentRanks https://t.co/X2vLB0EPFs
The total market cap is a far cry from the three comma days of February, and while a return to that is probably unreasonable, let’s hope for some green on the charts soon.
Marie Kondo-ing Moments 🧹
Doing a little winter cleanup of your moment collection? Maybe you’re tax-harvesting, or upping that Dapper balance for NFL All Day or Ballerz hype?
Purging from your collection is a tedious task — as the Top shot UI can be… slow to say the least. This experience, and some good advice on how to pare down your collection, is detailed excellently in this thread from our friend Plunge:
Interesting dynamics that I experienced on @nbatopshot in the last 24 hours or so. Wanted to share.
I was doing some pruning to stack some DapperBux™️ in advance of the first rare/legendary drop of the season and any initial @NFLAllDay stuff.
Meanwhile, me, scrolling through my collection:
Mainstream Madness 🌎
We had two major announcements that caught my eye these past few days — both with potentially huge implications for the future of NFTs.
🏈 NFTs & FANTASY SPORTS 🏈
@DraftKings + @NFLPA Partnership will incorporate NFTs into daily fantasy contests in 2022-23 👀
Why It Matters:
🤝 Onboard HUGE Userbase to NFTs
🕹 Gamification/Utility = FUN (ex: @MomentRanks , Flash Challenges, @TOCNFT)
🤔 Will @NFLAllDay Tie In? https://t.co/cSch5MrveU
We’ve seen how fun NFTs can be with gambling/fantasy sports — and having one of the biggest companies in the space join up with the NFL IP is exciting to say the least.
“The future of fandom is unfolding in front of us, and few organizations beyond DraftKings are as equipped to capitalize on the increasing intersection between sports and NFTs that will be cornerstones of engagement and entertainment within Web3,” said Beth Beiriger, SVP of product operations for DraftKings Marketplace.“
The future of fandom? Sounds familiar! Speaking of Dapper, it’ll be interesting to see how this shakes out for NFL All Day. Will their partnership with the NFLPA have an entirely separate scope, or will we see some integration between the two? Use your moments in fantasy contests, a la Moment Ranks Play or The Owner’s Club, perhaps?
The second announcement:
Gaming giant @Ubisoft is entering the NFT space 👀
🎮 Tom Clancy’s Ghost Recon Breakpoint will feature cosmetic NFTs
🏦 'Quartz' MP will allow players to buy/sell collectibles
Reactions so far have been... 🥴
🔮What game needs to implement NFTs next?🔮
It was surprising to see the negative sentiment around the announcement — but we’ve frequently seen people rush to hate things they don’t understand. Gaming is such a perfect mechanism for NFTs, and the sooner gamers realize they can own and profit from their in-game assets, the better.
The next play-and-earn billionaire:
Around The First Mint 🗣
Ready to peak into our virtual future? Matty DCL (aka DCL Blogger), founder of The MetaKey, is on to talk all things Metaverse. Where will these digital worlds head, and how can legacy brands adapt? Will gaming help drive mainstream adoption? LG also touches on all the latest happenings in NBA Top Shot
Thanks for reading! — Zach @ The First Mint
Not Subscribed to The First Mint Newsletter? Let’s change that.
Follow The First Mint on Twitter at @TheFirstMint.
Follow Zach on Twitter at @GhostOfGregOden.
In order to unsubscribe, click here.
If you were forwarded this newsletter and you like it, you can subscribe here.
Created with Revue by Twitter.
Vancouver, British Columbia, Canada