We could have gone with any big-name NFT to deploy our NFT-dedicated capital. It would have been flashier. “Safer”. But instead, we picked @ChimpersNFT, and here is why we think it is one of the smartest long-term bets out there 👇
(1/12)
ETH looked cheap, and @ChimpersHQ looked stupid cheap.
We took one more swing to lock in our spot as the top holder and gear up for the next leg higher.
It is coming and our investors are lined up for a monster win.
The team is crushing it, and the community is all-in.
We thought we were done with our capital deployment into @ChimpersHQ. Buying the NFTs at $500 back in April worked wonderfully well for our investors (still a lot more upside).
But they had to launch $CHMPSTR…
And we had to own A LOT of it…
10m tokens loaded, more to go.
Congratulations to the @ChimpersHQ and @token_works teams on the brilliant $CHMPSTR execution.
As promised, we started making our contribution to the nascent and soon thriving Chimpers ecosystem token.
This Chimp found a new home within the LLCA vault.
A message to @token_works & @Rhynotic:
If TW ever launches a Chimpers NFT strategy, LLCA commits a minimum of $10k to buy NFTs directly from the protocol.
Not the cheapest way to stack NFTs, but long-term? We believe it is the best play.👇
9) We are calling on other well-capitalized holders:
Make similar pledges.
Let’s show the world why @ChimpersHQ is built different.
Let’s pave the way for the most glorious NFT strategy since $PNKSTR🫡
A message to @token_works & @Rhynotic:
If TW ever launches a Chimpers NFT strategy, LLCA commits a minimum of $10k to buy NFTs directly from the protocol.
Not the cheapest way to stack NFTs, but long-term? We believe it is the best play.👇
8) Yes, buying NFTs at 1.2x floor doesn’t look optimal on paper.
But we believe it could be our best investment since sweeping Chimpers at $500 each back in April.
Because this isn’t just about short-term gains, it is about connecting the cogs of an unstoppable flywheel.
Come to the office.
Make a cup of coffee.
See that the investor capital hit the account overnight.
Load ETH.
Buy more @ChimpersHQ at a discount.
Repeat.
Deploying more capital.
@ChimpersHQ in the 0.6-0.7ETH range is a gift, and we are in the process of drawing more capital from our limited partners. First sweep of many.
This is the most obvious investment in Web3, and we are grateful for this entry.
Welcome home, Chimps
Congrats to @ChimpersHQ on hitting 1M Instagram followers 🎉
To celebrate this incredible milestone, we have added 3 more Chimpers to our portfolio, bringing the total to 112.
That is now over $350K in Chimpers value, and our investors are hungry for more!
We still believe a 10 to 20x from here is possible.
The timing? Probably faster than most imagine.
The market always gravitates toward the winners after a phase of soul-searching.
And Chimpers have more than earned the right to lead the pack.
!LFCHIMP
Our @ChimpersHQ thesis is unfolding as anticipated.
We believe Web3 is nearing its FAANG moment, and Chimpers is poised to join Pudgy, BAYC, and Azuki as one of four dominant brands.
Today, it is the most mispriced opportunity among them by a wide margin. 👇
Web3’s FAANG moment is coming.
Some NFT-powered companies will generate revenues once thought impossible outside Web1/Web2.
Among today’s leaders, only Chimpers combine pristine execution, clean governance, IP resonance, and massive upside at micro-cap valuations.