Lots of talk about loans against NFTs & IRL assets in lieu of Pawning the item
This will definitely open up liquidity for such items
BUT
What about this?
What if you could have the ability to buy an IRL product or commodity in bulk (tokenized as an NFT) at wholesale pricing
You could then take delivery of that product OR you could consign it with a business that is charged with selling it (B2C & B2B) for you at a set price.
And you earn the profit when they sell it
Oh…
If something happened and you needed that money (from the bulk purchase) back before it sold, you could just sell the token at a discount.. or you could fractionalize the bulk purchase to others…
This type of opportunity used to only be available for banks…
What if we changed that… what if..
Can you feel it?
@utility_wen is coming tomorrow
Husbands are lying to their wives
Wives are lying to their husbands
Just so they can make it mint
(Note: we do not condone lying here)
People are scrambling to finish the guaranteed mint process at the last second
The team is scrambling to think of what to say if we mint them all and some of the guaranteed mints are left hanging. We are slightly over-allocated
People selling their NFTs (including Frogs) to gather up the ETH
ETH is pumping. Making that $96 look cheaper and cheaper to the brains that think in ETH
Ticket after ticket.
DM after DM.
Comment after comment.
Tag after tag.
CHAOS!
Just how we like it
The owls of the NFT community arrive tomorrow.
At 10 AM ET
Wen is neW
Had a conversation with a person who has been in the space for a while. He also happens to be a Securities Lawyer.
I laid out our plan for @Utility_Wen and he had two comments.
1. He was impressed that we had come up with a set of solutions that gave people the opportunity to be true stakeholders (NOT shareholders) in our business model that also avoided being deemed a security
2. He agreed with my assessment that if this model, with this product did not work, it means one of three things.
- The "Web3" business model of transparency and building with a community was not going to work
- We are still too early for it to work (I don't think this is the case). But maybe.
- I am not the right business person to pull it off
Really, it can only be one of those three things.
I am confident it will work though :)
And if it does, we will change bring NFTs to the masses.. and they won't even know it
gm
"Wen utility"
"Wen outside revenue"
"Wen product"
As the bear market got worse
The chorus of wens in NFT land got louder
This mint will answer the wens
@Utility_Wen is NOT the business name
But it will do for now
Want in?
🔥 RT, Like, comment & follow @Utility_Wen
What will make the company behind @Utility_Wen different?
Note: "Utility Wen" is a placeholder name until we reveal the business name
Buying this NFT will:
1.) Give you a claim for the free product
2.) Make some of you a holder of licenses related to the business (More info coming soon)
3.) Allow all holders to earn money for helping us grow the business!
And more...
We are creating a new way of doing business.
A completely transparent business model that leverages community AND benefits that community while also decentralizing opportunity for people around the world.
Manifesting how great the team of @ThePlagueNFT is.
@the_pons has the experience required to bring this project to whole other level.
@MFare_ETH is one of the most genuine individual I’ve interacted with.
They think community first and always.
Frogs = Win
Some NFT project teams are in the background setting up meetings with the staffs of merch manufacturers
The team from @theplaguenft is in the background working on setting up a meeting with the staff of the leader of a country...
We are not the same
💎 Weekend Giveaway 💎
The people have spoken & @ThePlagueNFT is undefeated.
To win one of these exquisite 🐸:
1⃣ Follow @ThePlagueNFT & @CryptoDiamonds
2⃣ Like & Retweet
3⃣ Tag Friends
Winners will be announced on Monday!
Have a great weekend! GL to all!
A few thoughts on what it means to
DECENTRALIZE OPPORTUNITY 👇
What @the_pons and @ThePlagueNFT is doing is not easy and nothing short of groundbreaking in the NFT space.
When it plays out, this could be a once in a lifetime opportunity.
🧵👇
One of the unfortunate things to come from the OpenSea & Blur fight & the 0% to 0.5% royalty issue is that the NFT Projects that are left are trying to earn trust and sell to a market that has been rugged many times
The ruggers are gone without work and made their money
Exodus of The Frogs: Part 1
TL;DR
In collaboration with @LayerZero_Labs we're building an omnichain NFT Factory
$ETH Frog holders can burn frogs & mint a mini collection of frogs on the chain of their choice
Making @theplaguenft deflationary on ETH
https://t.co/rhWeKHfbO7
At least the NFT Web2 cosplay as Web3 is over
No more charades
My biggest mistake was being too idealistic and playing the game by the wrong set of rules for too long
We learn and move forward
This marketplace war right now will become a historic event.
This industry can no longer masquerade as a 'new paradigm' as if things aren't driven entirely by profit and achieved through deceptive tactics.
The illusion of web3 has been shattered.