@Gfunkera86@CassStreet@tmagled@amazzara1@PUMA @coolcatsnft @punkscomic@adidasoriginals@BoredApeYC@gmoneyNFT You are absolutely right. But observing the ITM launch so far though, this project is yet to prove anything. Especially taken into account the presumed amount of experience and resources this collab should have. So far nothing has been done to disprove not avoiding big corps.
@CassStreet@tmagled@amazzara1@PUMA @coolcatsnft The whole ecosystem do not benefit from a project like Adidas ITM when they distribute big parts of the liquidity from mint to very few people. Gmoney has received over 1200 eth from the mint and taken most out to coinbase.
@CassStreet@tmagled@amazzara1@PUMA @coolcatsnft I do not think the Adidas ITM went very well. So far they have taken 8500 ETH in mint and royalties and not delivered anything for 3+ months. If the same had happened to any other NFT project without the Adidas brand involved, it would've been considered a rug.
@CassStreet@tmagled@amazzara1@PUMA @coolcatsnft I agree. My experience so far is to avoid big corporates in NFT. They do not seem to have any idea what they are doing. The only big corporate who did this right so far is Nike by acquiring an already proven strong project.
@bagstacker69 @Elektro2424 @moses23__@opensea@BoredApeYC Why does it not make sense? The buyer can take a flashloan, buy the mutant ape for 22 eth, accept offer for 70 ETH and repay the loan, all in 1 transaction. This is a pre-coded bot that will act on obvious NFT "arbitrage". The question is why there was an active bid on 70eth