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Senti 🪄
@Senti__23
Crypto x AI explorer. Betman Genesis NFT #33#. Sometimes i write stories 🪄🎩
1.6K Following    2.7K Followers
A few days ago I had a debate when it comes to Original Blokyz rares across the 4 middle eras aka the archetypes with max supply of 30 (535 tokens in total) I made a formula that was predicting prices in a post reveal bear case scenario where the FP would drop from 0.14 to 0.1 floor. Now that it has been 2 days since reveal with FP at 0.09 let’s see some numbers. When I made the formula my logic was that rares would decouple from FP significantly and you would be break even in worst case scenario at 1.3-2x floor depending on which archetype. The formula was also taking into account how rarity was priced among the 12 different boxes themselves and the unique nature of this collection bc it has rarity within rarity. There’s a lot of nuance when it comes to determining rare's value on such illiquid markets. FP isn’t the best indicator but trait offer aka what’s the money you can make instantly isn’t the best indicator here either. For example let’s take one my favorite archetypes: Wrath Knights, 20 in total. FP is 0.5, trait offer is just 0.15, but at least half of the tokens have bids ranging from 0.2 to 0.4 ETH. This ofc happens bc archetypes supply influences price a lot, but it’s not the only component due to the variety of traits existing in the collection and unique combinations. Hence what I meant with “Rarity within Rarity” (have seen some criticisms about the many traits and my thought was “LOL”; I mean there are traits I don’t like too but I think that was exactly the intent tbh) Personally while I picked a “Gameboy Blokyz” shortly after I reveal I sold bc I am after more rare ones like mages or necromancer (the evil eyes trait is also one of the best imo). There’s a lot of selling pressure compared to pre-reveal (about 5x more listings), but when it comes to rares I think some opportunities will appear soon cuz Blokyz market isn’t efficient yet (those 1-2 ETH 1/1 sales are a steal imo) and we are in a very attention-based market especially when it comes to NFTs. There are patterns on how liquidity moves across a pool of NFT collections but that’s a study for another time. Gotta say Blokyz is a fantastic collection to study if you enjoy art and data, some more on that front to come, cheers.
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