As we’ve been telling you from the get-go, this site is mostly an experiment. How much of this cryptocurrency stuff is for real? (Turns out…a lot of it.) Does Bitcoin have staying power? (I think the answer to that one is yes.) Should we invest in that “crap”coin? (In most cases, no. In some cases, maybe.)
So we’re experimenting, again, and this time it’s with NFTs. We’ve bought a few — we’re not “OGs” but we did pick up some two years ago — and sold a couple along the way. No riches gained. But lessons learned.
Our first experiment started a couple months back; we called it the “Obvious Statement Collection” and we enjoyed that; but it’s not the reason for this post. Today, we have a fully baked collection and we’re ready to rock and roll with it.
The mission was simple: create 100 pieces of artwork, each different, and each numbered from 1 to 100. No more will be created in this collection of artwork; each item will only have one minted.
The entire collection is linked to here: One Hundred NFTs.
When we soft-launched the collection a month ago, we decided to follow a formula that goes like this (with some exceptions we’ll note):
- Items 90-100: 0.025 ETH
- Items 80-89: 0.05 ETH
- Items 70-79: 0.075 ETH
- Items 60-69: 0.1 ETH
- Items 50-59: 0.125 ETH
- Items 40-49: 0.15 ETH
- Items 30-39: 0.175 ETH
- Items 20-29: 0.2 ETH
- Items 11-19: 0.225 ETH
- Items 1-10: Auction, with minimum sale price of 1 ETH.
- Every fifth item, starting with the 15th, is auctioned (minimum 1 ETH).
- Every ninth item, starting with the 18th, is to be given away (save for 99, kept by the founding team).
- Numbers 13, 42, 43, 52, 66, 77, 85-88, 91, and 99 are reserved for “Friends, Family, and Fools.” (We’ve given a couple of those away already.)
- There’s a TEST item; we’re not sure what to do with that one yet.
- AND we semi-deliberately lowered the price of a couple of them.
It’s Early, So…We Don’t Know Yet
We’re honestly not all that sure what happens next: we’ll continue, as they say, to test and learn. That means an ad campaign, some more Twitter posts, perhaps some Facebook marketing.
But we like how they look and would love to get your feedback.