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🎙️The Missing Piece to Mass Adoption

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🎙️The Missing Piece to Mass Adoption

On this week's pod we talk about NCAA brackets, why the tournament has no NFTs (yet?), and what it will take for MILLIONS of sports fans to join the space.

LG Doucet
Mar 14
2
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🎙️The Missing Piece to Mass Adoption

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What’s up everybody, it’s LG Doucet here.

All eyes are on NCAA March Madness this week, and for some reason there are no NFTs to be found for such a popular event (more on that below).

But first, news that just broke this afternoon: Instagram will no longer be supporting their own NFT project.

This comes as both a non-shocker (Meta can only copy, it cannot innovate) and a major bummer to our community as the IG integration was a pretty big leap forward despite being very short lived (it just launched last Fall).

Of course, there is no one to blame here but Meta itself which…renamed itself Meta to try and fit in with the web3 crowd (lol).

Twitter avatar for @PRguitarman
☆Chris☆ @PRguitarman
@nftnow Bullish on Reddit to pick up the slack
Image
9:46 PM ∙ Mar 13, 2023
92Likes7Retweets

This news broke shortly after we recorded the pod, so we don’t touch on it here.

But that’s fine, because we got a lot of other stuff to say…


🎙️203 - Free Packs Don't Work, Strategy for NCAA, Power Slap League, and Swearing In Front Of Your Parents

Alright I think we nailed the timing this episode (about 1:24). Although Phil did join us from his car and kept cutting out, so you’ll notice a few choppy edits.

Sports NFTs were a bit slow this week, mainly because the sports world is focused on March Madness, of which there are no NFTs (??).

We’ll have a newsletter later this week that recaps all the projects running brackets, including the one we’re doing with our partner, Bleacher Report.

Click here to join the Watch-2-Earn bracket, highlighted by LG and Phil D, directly on the NCAA website.

In today’s pod:

  • 04:30 - Phil in the parking lot

  • 09:00 - Mom & Dad listening to our podcast

  • 13:00 - Do our parents swear when we’re not around

  • 15:30 - Phil’s car trouble

  • 23:30 - Why Are NCAA Brackets So Hard

  • 37:00 - Why Are There NO March Madness NFTs

  • 53:00 - Big Top Shot Sales on Weekend

  • 58:00 - Can Free Packs Onboard People

  • 1:08:00 - Power Slap League is Gross

  • 1:14:00 - Hot Take of The Week

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🔥Hot Take: How To Onboard The Masses To NFTs

Last week we debuted the hot take of the week, where we ask YOU the community for your best take on a spicy question.

We then read the best ones on the show, and award a prize to our favourite one.

Twitter avatar for @TheFirstMint
TheFirstMint @TheFirstMint
CONTEST ALERT🚨 Every week we'll ask for your Hot Take. Best answer gets a PRIZE🎁 🔥HOT TAKE🔥 What is the missing ingredient that will onboard millions of fans to sports NFTs? HOW TO ENTER 📢Retweet 📢Comment your HOT TAKE to the question We'll pick a winner on the pod 🎙️
1:34 PM ∙ Mar 13, 2023
34Likes35Retweets

And today’s winner, as chosen by Phil D, was Infinity Sports with their take that Sports NFT platforms should make late night informercials to advertise the product!

Twitter avatar for @InfinitiPicks
InfinitiSportsPicks @InfinitiPicks
@TheFirstMint You guys are too young but remember infomercials? Dapper has enough products where they can do a 30 minute infomercial late night. Teach them how easy and fun it is using Dapper wallet. Start with @NBATopShot and then the rest of Dapper products. @TheReelPhilD
6:27 PM ∙ Mar 13, 2023

This week’s prize is a BALLERZ and SNEAKERZ bundle, courtesy of Ballerz! Be sure to check out the BBL Team Builder and build our your Ballerz team today.

Digging the podcast? Every share helps :-)

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Every week we gather the data on licensed NFT sports collections, and track their volume and unique buyers. This covers Monday to Sunday.

This week looks like overall volume dipped quite heavily as there were no drops on Strike, ALL DAY, or Top Shot.

However, cricket platform FanCraze continues to climb up these charts, and may soon flip ALL DAY or even Top Shot in weekly volume!

Twitter avatar for @TheFirstMint
TheFirstMint @TheFirstMint
Top Traded Collections | Last 7 Days🗓️ Overall volume dips 14% this week📉 Golazos double their volume⚽ and FanCraze continues to climb the weekly chart 👀
Image
12:28 PM ∙ Mar 13, 2023
23Likes1Retweet

On the Unique Buyer side, FanCraze has also made inroads and held steady around 2,000 for a few weeks now.

Meanwhile the majority of platforms dipped, and the baseball units remain calm despite opening day in just 2 weeks.

Twitter avatar for @TheFirstMint
TheFirstMint @TheFirstMint
🛍️ Sports NFTs | Weekly Unique Buyers 🛍️ Some large dips on the Dapper side as the prior week featured various pack drops📦 Candy numbers were omitted as their Getty Images totals could not be separated from Baseball product⚾
Image
2:24 PM ∙ Mar 13, 2023
8Likes2Retweets

Man, the people are really loving the nostalgic throwbacks on Twitter!

Twitter avatar for @TheFirstMint
TheFirstMint @TheFirstMint
Are you this old
Image
2:04 AM ∙ Mar 9, 2023
279Likes10Retweets
Twitter avatar for @thegraymatters
Aaron Gray @thegraymatters
@TheFirstMint the GREATEST arcade game every. I've always wanted to get one for my house!
2:08 AM ∙ Mar 9, 2023
Twitter avatar for @dave_sentenn
Dave Sentenn @dave_sentenn
@TheFirstMint loved that game. if not for this post I would have never thought about it again.
2:12 AM ∙ Mar 10, 2023
Twitter avatar for @TopShotYoda
Top Shot Yoda @TopShotYoda
@TheFirstMint Just died a little on the inside LG
3:21 AM ∙ Mar 9, 2023

On a more serious note, people had a lot to say about Sorare:

Twitter avatar for @TheFirstMint
TheFirstMint @TheFirstMint
We know our community is divided on Sorare. So tell us: what is the biggest reason for why you have NOT tried the platform?
1:29 PM ∙ Mar 8, 2023
Twitter avatar for @UnderdogSpecial
Underdog (Betting) Specialist @UnderdogSpecial
@TheFirstMint TS ruined the hobby for everyone I know. We had a group of 12 of us buying, trading, selling, talking for months and months.
1:31 PM ∙ Mar 8, 2023
Twitter avatar for @Brahbocop
Shake Hands With Danger @Brahbocop
@TheFirstMint Zero faith in any NFT project right now. Watched Top Shot crash and burn due to oversupply. Sorare might have the gamification aspect but if you want a DFS experience, why not just play DFS where the barrier to entry is lower and there's no initial investment?
3:00 PM ∙ Mar 8, 2023
Twitter avatar for @EGT_FLOW
EGT @EGT_FLOW
@TheFirstMint Try is one thing, being active is another. It feels like a day job to me having to register my team. Maybe it's just not my thing. I still do it from time to time tho. I feel like the fun is not there yet. Lacking some sort of engagement but idk what's that.
3:28 AM ∙ Mar 9, 2023

And to celebrate this coming week’s action, a question on the GOAT of college hoops:

Twitter avatar for @TheFirstMint
TheFirstMint @TheFirstMint
Who is the GREATEST college hoops player of all time?
1:40 PM ∙ Mar 7, 2023
Twitter avatar for @MichaelWhalley3
MrElvishPiper 🏀 🐀🎈 @MichaelWhalley3
@TheFirstMint Pistol Pete. Played 3 years averaged 44.2, 6.4 and 5.1 for his collegiate career.
1:43 PM ∙ Mar 7, 2023
Twitter avatar for @FriarTuck1897
FriarTuck @FriarTuck1897
@TheFirstMint JJ Redick was best college player I have ever seen. We all know it wasn’t going to transition like that to next level but guy probably even outdid expectations in nba as well.
3:15 PM ∙ Mar 7, 2023
Twitter avatar for @TheBarn220
Nba Top Shotter @TheBarn220
@TheFirstMint Tyler hansborough
5:10 PM ∙ Mar 7, 2023

Catchup on everything you might have missed in the world of sports x web3!

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**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. Collectibles, NFTs, and Metaverse.

Tweets and Newsletters are not endorsements.

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🎙️The Missing Piece to Mass Adoption

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