The Niftyist Blog
Notes from the web3 frontier
Category: Market Analysis
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Last month, I set out to buy an NFT for every one of my friends who wanted one. At the same time, I decided to run a twelve day giveaway on TikTok in which I gifted one NFT per day to a random user who commented on my video. Although it may sound like a…
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Last week, I was one of the few lucky winners of Twitter’s surprise NFT giveaway. Just a day later, I accepted a $15,000 USDC bid for the piece. I effectively was betting that the price would only go down from there. The party on the other end of the bid – an account named “NFT…
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The numbers are now in for an ambitious NFT experiment that challenged collectors to “melt” an extremely popular NFT in exchange for a reward: Nearly a third of holders of the SSX3LAU piece “FACES” participated in the operation, pouring almost $1,000,000 in estimated value into this digital smelting operation. At the time of writing, the…
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