Theme: Trickledown Ape-a-nomics How does historic significance affect value?

How are sales from biggest NFT projects finding their way to the next gen of projects. Or is money just flowing out?

Newer projects have dominated during NFT booms, with BAYC, Azuki, World of Women, Doodles, etc dominating while CryptoPunks have been surpassed and older projects like Mooncats, Cryptobots have not seen floors rise

NFT News

Rantum NFT Market Data,  Cryptoslam.io

NFT Headlines: 

OpenSea rolls out credit card payments for NFTs 

How the FBI made its first NFT “rug pull” bust 

Liverpool's NFT range flops with 10,000 sold out of 171,000 in first six days cryptocurrency foray | Daily Mail Online 

Past project news: Red Village launched their game!

 

 

 

Transcript

[00:00:00] Today on all about affordable NFTs, our theme trickle-down economics, essentially. How does historic value actually get impacted? And how does that significance plan to Andrew? It was going, what do you see in the news?

[00:00:15] Yeah, I think this is a good topic. We have seen a lot of, a lot of movement in different projects ever since that ape token was dropped.

[00:00:22] And it's been interesting to see where it has fallen. So we'll get into that a bit more during the show here. But let's see to start off. We've got another shot or another headline with open. See all we've always got something going on with open seat. And this one is in case you haven't noticed yet they have rolled out credit card payments directly on open sea.

[00:00:44] So you no longer have to have already purchased your crypto somewhere else. You can actually purchase crypto, right. Or purchase the NFT via. A credit card similar to have nifty gateway and some other platforms do it to open. See has this. Now it's been out for a little bit. You may have already noticed this if you've been on the platform.

[00:01:04] I don't know. I haven't taken a look yet at how if that's actually if you can see this on chain, I assume that there, that this must be visible on chain, but it's done in different ways. So it would be interesting to look at how much it's being adopted by users.

[00:01:18] Yeah, I'm curious. I mean the moon pay application doesn't actually serve as a wallet.

[00:01:24] You still need your own wallet connected. So there's no custodial element, but what this also does, it's not just a small payment feature, but think about what a credit card is. It's buying on credit. It's not the same as saying, Hey, I have to actually have these assets in the form of ether west in my.

[00:01:44] Wallet it's. I am going to borrow money from a financial institution to make a transaction here that I have to pay back in 30 days or pay a, an APY on. It's interesting.

[00:01:59] Very interesting. Yes. We've seen a lot of discussion around this, on other platforms other. Robin hood comes to mind. So it'll be interesting to see what happens here.

[00:02:10] Yeah. I mean, it makes me a little terrified. I may just never do it because I gotta be honest. I'm one of the ways I stopped my fricking FOMO and clicky clicky of just running around and buying stuff nonstop is actually a throttling. The amount of these that is in my wallet at any given point and, and just, just taking it away from the hot wallet and moving it to staking or moving into other places so that I think.

[00:02:33] I feel like, oh my gosh, here's an opportunity. But only for now, now, now, and having my credit card attached really removes friction in a way that I don't think helps the the inner demons.

[00:02:43] Yeah. That's, that's a dangerous one. I am likewise going to stick away from a connecting that I do have ways to spend my ego as it is.

[00:02:53] And don't need to add to that.

[00:02:55] All right. We have how the FBI made its first NFT rug pull bust just in time to save other would be victims. So reminder rug pools, meaning the founders create a thing. And then they just run away with the money after making many, many