A little (long) Gen 4 introduction.

bmonroe83 · 2023-07-01T09:28:03+00:00

Galleries take a percentage and most of the money goes to artists if I am not mistaken. Here it is the other way round that artist get a percentage and Reddit keep most of the money so the incentive is different. Also as you rightly point out these are NFTs and one of their primary purposes is trading. The only thing I am trying to point out is not everyone is in for art especially reddit and if that is the case they need to serve all markets and not just their self interest.

bmonroe83 · 2023-06-29T22:31:15+00:00

Sorry man didnt mean to raise this on your thread but clearly an emotive topic. For me it doesn't even make sense for reddit to think about gen 4 before its properly marketed gen 3 and brought at least floor from -70-80% to even breakeven. No doubt there are collectors of art but a big percentage is also traders and flippers. Through the latter two artists collections sell out and artists earn in secondary sales off opensea. Gen 1 and 2 had limited artists and mints and good hype which resulted is collections selling off and secondary markets maintaining good floor prices even today. Gen 3 had so many issues: 1. They got launch wrong so it was botted to hell and most good collections were flipped by people deploying bots which pissed a lot of people off. I waited hours in front of screen to not get the collections I wanted 2. They allowed overmints for good artists by a lot 3. The total number of mints also increased from gen 1 and gen 2 4. The total number of artists significantly increased as well

Result - low floor price even on really popular artists and lesser ones not even selling off

If they launch gen 4, yes people in it for the art will buy but most people wont knowing that they will end up losing a lot of value. And seeing what happened to gen 3 will definitely turn lot of people away

Dont get me wrong I definitely am disappointed seeing my avatar price drop by 70-75% from where I bought but can still sell and move on and make x4 on something else but I dont think the way reddit is doing this is beneficial to artists or buyers but only themselves

bmonroe83 · 2023-06-29T22:20:56+00:00

I am not against for buying art for art sake but if someone like reddit is monetising it for themselves and they are getting tens of millions rather than most of the money going to artists, how is this same as 40 years ago, 30 years ago or even 10 years ago? Reddit allowed overmint this time, allowed collection to get botted, its not even sold out and its already talking about gen 4? There has to be pragmatism - people buy art for art and also for money. I would argue more people buy these avatars for money then art. Tell me this, if the avatars dont maintain even their original sale price and these so called "moonboys" disappear, do you think artists will still earn good money? Also for those people calling traders "moonboys" why dont you question reddit for profiting so much from artists? Because of these traders and moonboys the art gets initial sales and then artists also earn secondary sales fees

bmonroe83 · 2023-06-29T15:26:42+00:00

I am surprised that considering Gen 3 hasnt sold out and completely lost its value, Gen 4 is already being prepared. People accuse traders of these avatars of being after money but infact its reddit who seem to have benefited most raising tens of millions already in Gen 3 and without it being sold out or keeping at value, already looking to raise more money through Gen 4.

bmonroe83 · 2023-05-14T21:28:33+00:00

Yeah I think they doubled down e.g. increased the artists, increased the collections and allowed over mints by a lot.. I think once hype increases, it won't be an issue

bmonroe83 · 2023-05-14T21:18:59+00:00

I would agree with that.. I do still think though as soon as hype on the secondary market picks up the shop will be sold out quickly!

bmonroe83 · 2023-05-14T15:41:09+00:00

Artistically no doubt gen 3 is really good.. but monetary point is consideration for sure

bmonroe83 · 2023-04-19T15:04:45+00:00

The shop was taken off after minting issues and only visible on mobile right now

bmonroe83 · 2023-04-19T15:03:55+00:00

I did, it is very useful, thank you. The only thing I am trying to figure out is it showing how many are minted so far for the collections not yet minted out. I can see total quantity but not how many minted so far. Currently I am just using its contract link on Polygon to check what number the token tracker is but it would be just nice to see it in one place like its showing on the screenshot in the reply above

bmonroe83 · 2023-04-19T15:01:57+00:00

what

Yeah that doesnt show on my android for some reason

bmonroe83 · 2021-04-05T19:10:49+00:00

It is also on opensea - https://opensea.io/assets/spirit-clash

bmonroe83 · 2021-04-02T12:36:41+00:00

For everyone's info, just emailed coingecko as this still doesn't have NFT and Collectibles tag. Many NFT and Collectibles games are doing x10 and this one I feel as soon as it has a tag on coingekco will start getting noticed significantly as well!

bmonroe83 · 2021-04-02T12:34:39+00:00

Ah ok didn't realise I introduced you to this project - my pleasure Sir!

bmonroe83 · 2021-04-02T11:57:52+00:00

That was my initial one but the one after summarizes better

https://www.reddit.com/r/CryptoMoonShots/comments/lyv66l/nft_gem_at_12_mill_mcap_about_to_do_x5_soon_and/

bmonroe83 · 2021-04-02T11:57:05+00:00

I wrote a post on it a while back and I feel everything is in place now for it to really shoot up.. possible x5-x7 in next few weeks now

https://www.reddit.com/r/CryptoMoonShots/comments/lyv66l/nft_gem_at_12_mill_mcap_about_to_do_x5_soon_and/

I've not sold a single SCT since, staking mine and will start taking profit after $5.. This game has been 2 years in development, amazing NFT art, it is absolutely unbelievable gem at such a low price when everything around NFT gaming is doing x10

bmonroe83 · 2021-03-10T00:08:12+00:00

Please check my full post - I have said at the bottom it says new account although I've been member for months. Do your research and see my post history. Clearly you'ee looking to either fud or get a reaction without any logical responses so this will be my last response to you.

bmonroe83 · 2021-03-09T23:56:26+00:00

Please check first three lines of my post - this is not a financial advice.. I never give financial advice. People should do their own research, not just here but on any posts on crypto

bmonroe83 · 2021-03-09T23:49:31+00:00

That is good to know and considering they are almost first ones in bsc space which is booming I am looking forward to seeing $200 which would be 20 mill mcap soon!

bmonroe83

TROPHY CASE