Theme: Does the creator reputation impact the price?

Larva labs reputation - the first move by Yuga was to give license rights

Punk Comics how they fell with Beanie - Crypto & NFT Influencers Are Eating Their Own 

$MIM dropped with Sifu

Affordable project: Human Park 

NFT News

Rantum NFT Market Data,  Cryptoslam.io

NFT Headlines: 

Why Larva Labs Sold the CryptoPunks NFT IP to the Bored Ape Creators - Decrypt 

Coinbase Wallet adds support for Solana

Coinbase NFT Marketplace To Launch “Soon”

Links

Clues Hint at Spotify NFT as More Players Push Metaverse Plays 

NFTs Are Coming to Instagram Says Mark Zuckerberg - Decrypt

 

Transcript:

[00:00:00] Today on all about affordable NFTs. We're talking about whether or not the creator's reputation dictates the value of the NFT. I'm excited to get into that theme, but first, Andrew, what are we seeing in the news?

[00:00:13] Hey, George. And NFTs again yet we are seeing what we see volume trending downward over all, but it is starting to pick up a bit. I noticed on a weekly basis. So seeing it pick up a bit, and I think that's been a lot to do with board apes, recently, board apes Mutant apes, the board.

[00:00:32] Is it the board kennel? Sorry, board Abe kennel club. The three projects. Taking a lot of volume recently, there was anticipation of a big drop or drop of a new token, the ape token from the board a creator's you, the labs that has now dropped, and we've definitely seen a ton of volume there. So I think that's been part of, what's been picking up the volume, but I think that's also a spurred some activity away from those projects, as well as, some people are selling and help a lot more ease than they had, especially if they've been long-term holders.

[00:01:04] That's interesting because you're looking at an overall market past seven days, ish, up 20, 25%. But the interesting thing it's I'm not holding back. Abe anything. And so I see all this activity, I'm like, nice, but so what, it's not helping the long tail, the market, which still feels a little chilly to me.

[00:01:20] But what you're saying is when some of that profit taking occurs, it actually can lead to smoothing out in the market and money chasing up. What's the next aid. What's the next piece that people may be jumping in. 

[00:01:31] Yeah, I think so. Anyway, I've seen some bigger sales know. Some notable collections some bigger sales and squiggles. Some punks have certainly rallied on news that we haven't gotten to this yet, but the news that UGA labs has actually purchased the IP to them. That's improve the price.

[00:01:48] There need bits as well from larva labs and I've seen some big artists like X copy getting some big sales. So I think there is some some sort of distribution going on. As board apes have certainly had the top price. You're not being said after the token dropped the price, the floor price would drop quite a bit.

[00:02:06] I think it had reached over a hundred. Before the airdrop and then dropped to, I don't know, maybe in the eighties after that. I also wouldn't say that's really much of a loss if you did get the airdrop I don't know what it was worth, but I I think it was a pretty hefty sum for anyone that was holding an actual board, a.

[00:02:23] Yeah. And you're talking about that news of larva labs, literally getting bought by you, the labs our Villa. The famous creators of punks and also me bits. And you go the upstart from last year, the creators of board apes and all of the derivatives inside of that, literally just bought it up.

[00:02:41] Yeah. 

[00:02:42] I would've never predicted 

[00:02:43] Than the price flipping. This is really a passing of the 

[00:02:47] it's not a flipping. It's a binding. 

[00:02:49] Yeah. And I don't know that it's really passing the torch. I think, as we'll discuss verbal labs had not necessarily handled a lot of different issues the best and you iLabs has certainly Written this wave quite well to a, they've got a great reputation.

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