Respect the hustle, pretty mind-blowing netted $1mil on a a 0.22 gas fee. Although it does make me feel dumb; Some consider it smart and legit, others an exploit.
Imho, it's a legit transaction Execution is key. They used capital and they have the know-how, and if it did not work, no one would have heard about it and it would have cost them a little in terms of gas fees
If you found the pitchdeck, please pm. I'm on the fence of getting an Ape, don't know when or how yet but I'm confronting my bias of being anti-BAYC. I'm gonna assert better boundaries. There's been some valid criticism's in these various crypto asset threads but some of the recent interactions with the forever no-coiners repeating themselves ad nauseum are draining. Spring cleaning time!
This was in one of the comments and I guess what the thread was based on as a phrase reference was mentioned, even though it's old and rebuffed https://vip.graphics/yuga-labs-pitch-deck/?ref=medium ------------ I'm on the same page as you are on how I feel about the BAYC after seeing the article you posted on it, but at the same time hodlers of BAYC have absolutely crushed it as far as ROI It's one thing to put money into an investment like Ethereum or Crypto Punk and wait for the price to appreciate ala NGU but it's another thing when there's tangibles just being given to you for holding the investment as in the case of BAYC Now with this pitch deck and getting a glimpse of the processes and competitive mindset of the people at Yuga Labs, plus the Twitter thread... I'm terribly worried that I may miss a history in the making... Is it possible that Yuga Labs, Bored Ape, Apecoin, all the partnerships in the real world with celebrities and name brands, the planned landsales the winged creature Koda, and the most important one imho is the openness of accepting all NFT projects... are we witnessing the one that's going to beat Facebook Metaverse and quite possibly even beat out all other crypto Metaverses, Decentraland and crypto gaming platforms?? Having missed all the previous airdrops i.e. MAYC would still not be as bad as missing the above if it turns out to be the case Edit: re: no-coiners, yea, can't believe very old anti-Bitcoin and anti-crypto shallow arguments are still coming up, but speaking for myself, I think it's worth the efforts as we've had some people who have crossed over to being crypto investors or in some ways believers enough to invest in the cryptos ecosystem or related field I think as Bitcoin and cryptos keep getting adopted by retail investors, nation states, Visa, PayPal, Robinhood, Goldman Sachs, JP Morgan, Morgan Stanley, Blackrock, Fidelity, US Bank, Bank of New York, Pension funds, whole countries vote of confidence like Australia, Germany and on and on.... no-coiners will have a very difficult time in the future Right now, we are still very early as there are only 250M Bitcoin hodlers. There's not enough for 1 btc for each and every millionaire in the world... Once people realize it's a race to beat everyone else to this asset class, we're in for wild ride to the moon and melt no-coiners' faces in the process...
A counterpoint to BAYC and the Apecoin drop; tldr; Apecoin is not Yugalabs https://www.theverge.com/22992086/b...MjjMPHGkUkYOrUDXdFFithwkzWqDpU1N7J_zTnGy1r0fk
I have reserved this following term for options folks, but I think it is time now to expand it to Crypto... You crypto folks are crazy. Welcome to the crazy club you nutty bastards! Melting faces, melting cities...Crypto just confuses me that way.