gamma_moods

data engineer and digital art collector

[Lonliboy @chilltulpa]

Autoscope
by
@erikswahn

Arriving April 19th via @verse_works.

🌸 360 artworks.
🌸 $160 fixed-price.
🌸 Collector-curated.
🌸 An absolute wonderland of geometric landscapes.

[sartoshi @sartoshi_rip]

mfercoin is now listed on @coingecko

https://t.co/GBODe9M7qU

[Helio Santos @HeliodoroSantos]

My new pieces for @objktone drop and solo show 'AL AIRE LIBRE ' will be available tomorrow at 6 PM CET

You can enjoy (and collect 😏) the collection in the link in comments.
All the pieces include the physical painting and shipping.

[Incept.eth @inceptionally]

ittybits Week 8 Summary

Commun-itty council started - @cam_sk1, @DimmadomeCrypto and I joined!

Util-itty

* Many merch orders shipped. Hoodies seen in the wild. Post a pic in the comments!
* Hoodies drop will extend to March 31st - now aligned with 10k posters - get your order in before they are vaulted
* Order from @_0xShop_ at https://t.co/pWMh51sOk9

Spaces, Interviews & Pods:

@thecollectoors did a fun hour with @posvar - he discusses the *first* unofficial ethscription from 2016(!)- https://t.co/o5RRPN7Odt

First official commun-itty spaces was earlier today. Geek out on some of the innovation that went into ittybits and some commun-itty ideas on where to go: https://t.co/RM79jr94TM

Check out this Reddit's r/CryptoCurrency Collectible Cast from early Jan: @cryptohydrate and @j_winter_m interview Middlemarch (@dumbnamenumbers), @EthVaccine, @wusgood_eth about ethscriptons and @0xFacet - https://t.co/5r6sU5OsRj - there may be ittybits related content from them coming soon!

Commun-itty 🤏

* Commun-itty council initial members announced. @cam_sk1, @DimmadomeCrypto and I are the first 3 members. I am excited to help @posvar and @_cosmas_ build this commun-itty and work with this group to expand the ittyverse.
* Social media chart below - chatter slowed

Marketplace

Ordex launched...

* Improved navigation on the mobile version of the site - see the persistent bar at bottom of mobile website
* Better link previews - links will populate more information on Discord and elsewhere
* Buy/Sell on @ordex_io https://t.co/mSsIaBJ3lp

Activity in ethscriptions and ittybits have slowed but the narrative arround the tech and collection is still really interesting. Hood-itties and rarer traits are still selling.

Volume was down week over week by 24%

Floor Price: 0.03 down from 0.048
Hodlers: 1,659 down from 1,664

CP to itty FP ratio: 1,917 (CP floor: 57.5)
BAYC to MAYC FP ratio: 5.7 (22.69/3.99)

Disclosure: I own many Ittybits 🤏

Last week's update: https://t.co/iEvj4AcvkK

[gamma_moods @GammaMoods]

@pointline_ @msoriaro @Eltono @motiondesign_01 @NeuralBricolage @AliceLaneGordon @v3ga @zachlieberman @Licia_He @in_cloudlands I got the ringers lacma iterations hung last month!!! One of my favs!!!

[gamma_moods @GammaMoods]

@DaBunnyOFFICIAL @SoapBoxCar Potentially useful reminder

[gamma_moods @GammaMoods]

@StevenAscher my student loan from the government

[gamma_moods @GammaMoods]

@bitmagicianeth @Nakamigos Ribbit!

[gamma_moods @GammaMoods]

@3orovik Ribbit!

[gamma_moods @GammaMoods]

@toddpaul_eth Riiiibit!!

[gamma_moods @GammaMoods]

@Supacapa RIIIIBIIITTTT!!!

[gamma_moods @GammaMoods]

@pepsimigo @ittybits_eth Yooo I work as a data engineer too, I know, I use MD5 more often when I need to hash a combination of columns to make a primary key in a relational database!

[gamma_moods @GammaMoods]

@TVL7 @Solartarian Croak… riibit…. Cough* GM!!

[gamma_moods @GammaMoods]

@SeidelBond @Nakamigos Brrrrrrriiibbit!!

[gamma_moods @GammaMoods]

@DisciplineNft @Solartarian @Nakamigos Grande ribbit to youuuu migo migo!!

[gamma_moods @GammaMoods]

@archipixelado The headbands are poppin!

[gamma_moods @GammaMoods]

@gm_maximalist Home run on the haters

[gamma_moods @GammaMoods]

@HazardMigo Riiibit!!!

[gamma_moods @GammaMoods]

@CharliegNFTeth Big ribbit!!

[davie satoshi @NFTdavie]

A few months ago, I thought Nakamigos was going to zero. I was upset about the cloaks release, thinking it was a cash grab and sold all of my migos.

As a chartist, I always try to look at things objectively based on evidence and pattern. I think most people think I speak honestly and present the facts. Not only that, if I am a believer in something, I go in on it. I don't speak from the sidelines. I go into the community and learn. Nor do I pump and dump as I tend to hold projects for the long term.

This is why I am a holder of over 100 popular NFTs since 2021 and a member of over 60+ discord channels. I've seen the triumphs of many projects and the agony of many failures. I see how the community behaves and analyze how the founders act. I'm like the watcher, observing how founder and community behavior affects the floor price and the project.

Below is why I'm now very BULLISH on @hifolabsio and the @Nakamigos.

Here me out as I had time to digest from this latest release of Crypto Trading Cards.

1-The NFT projects that tend to have greater success have reliable founders and leaders with a long term vision. The nakamigos brand never quite made sense to me since it literally meant "Friends of Nagamoto". But prior to the release of the crypto trading cards, there were no ties to crypto or bitcoin. This new release changed that and made me realize that the founders are scholars of crypto history. Furthermore, their name, HiFo labs is a play on the first initials Hal Finney-HF and last initials of Satoshi Nakamoto-io. HiFo. Crypto Trading Card was the title of a famous email from Hal Finney, an early bitcoin developer who received the first bitcoin from Satoshi Nagamoto. As mentioned earlier, Hal Finney was THE FIRST Nakamigo. When these references are beginning to tie together, you can begin to see the intentional nature of the vision. When time is spent and design is appreciate on the little things, there tends of be a grander and intentional design on the bigger.

2-When the actual drop of crypto trading cards came, many thought it was low effort by AI. Upon closer look and analysis, it became evident that the founders intentionally wanted AI and the imperfections and errors that came with it. After all, if these NFT's were "discovered in the attic" 30 years from today, early AI errors should be present to reflect the technology and the times of now. Just like comics and cards from the past reflected the limitations and times of those era, I like the fact we see the limitations of AI at the current state. This is intentional and beautiful.

3What people don't realize is that the founders created cards that each tell a story. They use the infamous Pepe character, created by Matt Furie, as a tribute to the most recognized character tied to crypto. Each card is rich with references to either the bitcoin white paper, the people with early involvement to bitcoin and crypto, cryptography, economics, mathematics or a reference to real life baseball's legends and lore. This is a NFT collection teaching us the history of crypto while using the baseball card motif as a vehicle. The most important technology of our era is AI and web 3. This collection ties in the two. All intensional and fascinating.

4-As a card and comic collector in real life, I appreciate this collection immensely and can see value rising rapidly and lasting for years. There are baseball collectors who are web 3 fans, who will fall in love with this as I have. We will be the forever collectors. This set has the making to be a highly desirable stand alone collection because it is a centered around the history of crypto. Furthermore, it's not just the product thats important but also the process on how this was created. The founders disclosed there was intentional AI generation followed by a curation of 837 out of 4000 possibilities. 837 because on January 17th, 2009 that's when BTC block 837 was mined. The cards were launched on Jan 17, 2024, which is 31 years later. And with 837 minted, these are quite rare. I wouldnt be surprise if the floor price sky rockets soon. Quite intentional.

5-By expanding the project into crypto trading card, I believe Nakamigos took a drastic leap forward, separating itself from being just another PFP project or another game NFT. The general web 3 public viewed Nakamigos as a PFP punk wanna be. With the creation of crypto trading cards, it now has something unique that can stand alone by itself and has the potential to stand the test of time. It also showed to us the founders are capable of creating something new and building something different. By creating crypto trading cards, it now brought meaning to the friends of Nakamoto. the loop is now closed. I'm beginning to realize that the NFT project known as Nakamigos is about embracing crypto lore and history.

6-From all my journey in the NFT world in the past 3 years, I've come to realize the value of an NFT project is dependent on one of two key things. The vision of founder (or artist) or the significance of the product/project. I have not seen a project like Nakamigos with so much mystery and conspiracy. While I would love nakamigos to have a prominent founder like @beeple, @Matt_Furie, or @matthall and @pents90, that wont matter if the project has meaning and significance by itself. If it is unique, different and separates itself apart from the other traditional cookie cutter projects so that its not just another PFP or game NFT, it doesn't matter who the founders are. If Nakamigos truly is a reflection in our time and a digital snapshot preserving the lore and history of crypto and bitcoin, then it has a chance to be immortal. I feel the release of crypto trading card brought it one step closer to that reality.

30 years from now, as our children open up the "attic" of our old ledger, do these NFT's stand the test of time. I believe so.

This is why I am more bullish today than ever. This is not a flip. This is a long term hold and a piece of history.