Retails Last Playground
NFT’s, Retails Last Bastion of Hope
I’m very glad to have you here reading my words. If you are easily offended and have a bad sense of humor this is probably not for you. Close the browser and continue being a loser. If you are open to having some fun and can ignore my 5th grade writing level then you will get some alpha.
We will cover the themes below which should give you some sense of how I see the market playing out over the next 2-3 months. I am going on vacation this weekend and will not have access to Twitter or other social apps so I felt I had to get this out before I leave.
NFT’s are retail friendly, thus easier to trade
Traditional markets are cucking BTC, trading leverage has become a lot harder
Average on chain traders will want to continue to gamble, they are addicts
On chain traders will migrate to NFT’s and we will see an amazing 2-3 month run
What are my bags? And why am I bullish?
Your Fathers, Fathers, Father has traded collectibles
NFT’s are very very retail friendly. It is easy for them to understand, more so then DeFi. I believe the majority of people are just outrageously stupid. I had a guy at a party last week show me his $200 purchase of SHIB and say in 5 years when its worth $50M he plans to start a business. Yes, most of the competition is retard levels of stupid. For us the people that play the market constantly this is a great signal. The majority of NFT traders are not seasoned vets. In fact from my experience most buy resistance and sell support.
As more and more people get onboarded to crypto the easy retail money will migrate to what they know. Pokemon cards, beanie babies, just collectibles in general. People have experience with these things, its easy for them to understand.
Traditional Markets and BTC
If you haven’t noticed its pretty fucking miserable out there. Look at BTC PA, looks like pure dick cancer. A LOT of dumb retail money is getting chopped up to death. Three things are inevitable, they lose all their money, they quit, or they take their game somewhere else to continue gambling.
The great thing about addicts are they never quit. They keep trying over and over again regardless of the outcome. If you haven’t noticed there are multiples being made in the market right now, its coming from NFT’s. It’s only a matter of time before the addict leverage money figures this out and starts to part take. I suspect the Moonbirds drop was a signal to the degens that. Like Batmans signal but instead of bringing in a hero its bringing in retarded ape money.
I think over the next 2-3 months we see a resurgence of NFT’s. VC’s, insiders, and whales don’t play here. Why? Really simple THEY CANNOT RIG THE GAME. See in regular tokens they can create predatory tokenomics and rig the raise so they always win. In bull markets everyone is making so much money that it doesn’t really matter. In downward trending markets people figure it out quick. So let the losers play with themselves in token land while we have fun with the normies! Really its that simple.
Below is a list of my current portfolio with rationale around why I am buying/holding them. This is subject to change and I have a lot of capital left to deploy.
The Art of Seasons (TAOS)
This is a bluechip through and through. Something I am comfortable with holding. My thesis for this is simple. Asia 1 billion people, America less then 1 billion people. I grew up in a upper middle class area surrounded by Koreans and Chinese. If there is one thing I noticed, they are flashy. As Azuki continues to develop it will become the flashy status symbol for rich Asian people.
The team is also very good. Outside of the art which I love they have created a universal token standard and hand built all verification bots in house. They understand tech which makes me bullish.
Easily the most bullish project in the entire NFT space. Anyone who says different is a fucking moron. We often become victims of group think as people wallow in their own farts living in this bubble of crypto twitter. But outside of this obnoxiously arrogant bubble there are reallllllllly rich people.
I learned about Moonbirds from two friends who have built a mid 8 figure brand
https://killcrew.co/. So ask yourself, how did my friends who really don’t follow this space find this project? Very simple, they are business and brand builders. In their world the gods are Tim Ferris, Kevin Rose and others. These are people that have built billion dollar companies and have executed at the HIGHEST levels of business. These are LEGIT silicon valley business men with DEEP DEEP connections. When Kevin Rose calls you answer the phone, no questions about it. “OHH BUT THE OWL IS UGLY”, if this is your thought process sell all your tokens and go back to working your 9-5.
My thesis is simple, Kevin Rose will build a multi billion dollar company (I think this because he has a proven track record of doing so) and these pictures will be an integral part of that process. Let all the losers fud who don’t understand the scope of the project. I will be nesting and chilling as I am airdropped wealth on a regular basis.
Similar thesis to Moonbirds. As much as I dislike Dudas takes on twitter he has money and connections. Golf crowd is rich, I suspect him to execute at a high level and ship a product. This is more of a long term hold until product is delivered.
The Art of Seasons (TAOS)
I fucking love the art and think we see a HUGE PFP season in the coming weeks. TAOS give you a WL mint for RENGA and the art is stellar. I think if the PFP drops at the right time could be very rewarding to own some.
Really just own these because they were airdropped. I will hold as I think Azuki follows the BAYC model and delivers on a token. My assumption is you get more token for holding so I will probably dump token and Beanz after the launch and just keep the Azuki.
Really a mistake purchase for me. I’ll never buy a 20k PFP ever again. Supply is just too large for it to ever get going. I do think it has that autistic energy though so I am not dumping yet.
I am super bullish on this project. My timeline for this very very long. I think we see some kind of omni chain nft narrative as people look to be “first”. Seeing that this is the first omni chain nft I think it can do some multiples. Infrastructure needs to be built out but once its done I think we see some juice.
If you get anything out of this its that retail will migrate away from the rigged game and deploy capital to the friendly playground of NFT’s. Its a PVP environment but your average player is average.
Also, I think it will be easier for new projects to 10x then legacy projects to recover. I am staying veryyyyyyy liquid right now. I wan to have money to ape into the new shit to flip. I think these start to pop off EOM. ALWAYS CARRY SOME BULLETS!
I also think we are just getting started here which is why my current portfolio is small. Now is a good time to get on gem and start to track projects. Watch how price moves and look at the art. Develop an eye/edge NOW so when the fun starts you are ready.
Have a great week and see you all on Monday!!