My dude wanted me to post this here to encourage some discussion as my @1tostock account is still in the shadows of exposure…
Recap - - $300-400 buy in back in May of this year has now resulted in a minimum return of 17500% profit.
The thing is - I don’t think most of these projects started out as an ‘investment’ for those who bought in at the beginning. It was about buying into something you thought sounded cool. There are plenty of people flipping their way up the chain, but it wasn’t the intention of the vast majority of the people who bought in early…
What are Bored Apes? Basically owning one grants you access to an exclusive ‘group’ of like-minded individuals who see value in owning one. It’s hard to explain but the main differentiator I see here is the ability for the owner of an ape to retain all commercial rights to said ape.
$400 to $70000 in 3 months.
NFTs y’all. NFTs.