Might just be you and me, bigos.
GM, GM, next for joining us here today. We're going to start the show here in just a few minutes. We'll give it a few for folks to filter in while we wait here are some tunes.
Good morning and welcome to the Lucky Lead. Today is Thursday, April 6th. The master starts today, spring is in the air.
folks are starting to get hyped for NFT NYC in just a few days now. I've got a hard stop at 1030 Eastern so we're going to have a tighter show today. I'm going to go talk on Darian and Sarasas open MetaBershow so feel free to join us over there when we end things here. I do see a few friends
faces out there. SBF brick ash on hunter. Thanks for joining us today as a reminder for any new listeners. We do run this show every weekday Monday to Friday at 10 a.m. Eastern. It's a 30 minute show covering all the major news in crypto, web three and NFTs. The show is meant for those interested in discovering the space.
those actively buying and selling in the crypto and NFT markets. And those here just doing research. I'm your host Tyler D. I'm joined by my amazing co host, Ghost Content Star over at Lucky Trader Deep in the So Rare Streets. Quietly, a whale NFT trader and still rocking the Nakamego PFD Ghost. Good morning. How you doing?
Good morning, Tyler. Doing well. Excited for the Masters weekend. It's always a fun one. I don't even gamble that much on golf, but it's always fun to follow there. And it's been a fun couple of days here. It has excited to break it down. So on the docket for today, we're going to start with the coupling.
and a hundred thousand new Yuga NFTs coming. We're going to talk about Bugatti on Bitcoin, Soldier Boy did it, Nike shares some new Hour Force 1 details and then we're going to do a quick preview of the post photography AI drop coming later today. Before we jump in, go as long as we hit the listener question.
Yeah, we're going to pin this to the top here. We're talking about Bugatti and another Web 2 brand kind of jumping into the NFT space here. So our question of the day is, have you purchased an NFT from a major Web 2 brand? And if so, post your favorite below. So we want to see which ones you feel like, which Web 2 brands you feel like are executing the best. And a quick housekeeping reminder, as always,
Tyler does a great rundown of the NFT space every morning and is morning-minute newsletter. So we'll pin that to the top. Give that a subscribe if you haven't already. And check out our roundtable show, which we aired yesterday live at 5pm Eastern there. And it was a fun one, as always. So you could check the replay either on the Lucky Trader feed on YouTube or in audio form on the
GPT for artificial intelligence model is using our lucky trader's source materials to help answer your pressing NFT in Web 3 questions. Yesterday I was using it. I had a question on the Shanghai upgrade. I just wanted a quick explainer and with two basic
questions in 15 seconds, it gave me all the basic details I needed to know. And then when I checked on chat, GPT three, those answers weren't available because the source material is back from 2021. So that's the edge. That's the reason for the product. Go get in beta, help us test this thing out and make it better. All right.
Let's get into our top story of today. It's Yuga and the decoupling, the vessels and the new 100,000 NFTs. There is a lot going on in the Yuga ecosystem right now. In the past four weeks, we've seen the sewer passes turn into the new evolving heavy metal collection. We've seen the other side's second trip.
introduction of the new Legends of the Mara game and of course this new Gucci collab with the Codependence. Like somewhat lost in all this major news is that we are effectively seeing another 100,000 NFT collection with the vessels and that claim started last night. So here are some of the basics you need to know. All of the other deed NFTs, all
eligible to claim vessels. And then the other teams with COTAs can have their COTAs decoupled into new distinct NFTs. That decoupling and claim is open on a website on the Yuga page. It's LOTM dot other side that XYZ expanded. It's going to remain open indefinitely. The act of claiming it
does require the burning of the original other deed. And then a new collection on a new smart contract will come out of it. Essentially, you'll get two entities, you'll get the vessel, and then the other deed expanded. Though the token IDs will remain the same through the burning process for those who are
I know very protective of their serial numbers there. So it, the numbers assuming a full burn and a full decoupling course, we're not going to see 100%. I probably put it somewhere around 70 to 80% is likely. So the new landscape, we're going to have 10,000 other side code us. We're going to have 100,000 other
12 hours or so. In typical post-air drop action, we have seen the combined floors of the new FT's dip compared to the originals. The original other deeds are now at 1.55. They're down about 12% on the day. They're around 1.75 yesterday. The vessels are holding
around 0.34 ETH I saw this morning and then that new other deed collection, other deed expanded was at 1.13. So if you add the two, it's right at 1.57. Again, down about 10% from where the four was yesterday. When I checked this morning about 19,000 vessels have been claimed about 2,500 of the CODA
had been decoupled, the decoupled code of floor at 11.35E. So that's also down about 10%, I think they were right neck and neck with the mutants at 13 earlier in the week. So that's kind of the quick overview. I'll tee you up here. Maybe any
Any early reactions to the vessel launch in the first 12 hours, maybe some of the price action we've seen? Yeah, I mean, I think it's to be expected. I feel like most of the things in the NFT space right now are kind of a sell the news event. And I don't think this was any different there. I do
I do think that it's complex and I'm interested to see how it all weaves into the game. There's a lot of moving parts. There's a lot of different collections now. And like you always say how the POs quote, how the market lights fastballs. And I do think this is getting complex and hard to follow for someone who might be jumping in and not knowing what price point to jump in at or different things.
But there's also the silver lining there of that this opens up different price points of lower tiers for people who might not have been able to get any exposure to Ugo before. Now you've got vessels at .340. So maybe if you have a lower stakes bag in the NFC space, you can maybe now participate in Ugo, which is
I think the code of lore being at 11.35, decoupled was pretty good. I was expecting that to go down a little bit more. But I think that we're seeing that Codas are going to be very important. So interesting to see the price action.
on that one and curious to see where that goes. Yeah, I've certainly seen that narrative around vessels are now the lowest cost entry into the Yuga ecosystem. That's kind of like the nice aspect of this drop. And certainly that's, you can't debate that. They are the lowest entry now.
Syris had an interesting take last night. He was kind of a say mocking might be the right word. So tenacious.e tweeted a UGAP FP has never been more accessible with a screenshot of the the vessel floor is 0.4. And then Syris said last month damn two east two east for a sewer passes cheap. That's two
for a UGA PFE today damn zero point four for a vessel is cheap that's zero point four for a UGA PFE next year damn zero point zero one eighth for a mini Mara vessel Coda that's zero point zero one eighth for a UGA PFE essentially making the point on that we are going to continue down this path you guys going to continue expanding
the NFT ecosystem and what might be the lowest cost entry now very well may not be, you know, and at the end of this year. So, you know, I am curious for your reactions to that. Do you think vessels will be the cheapest PFP in Yuga at the end of 2023?
I don't know, man. It's kind of like one of those Russian dolls that you keep opening and there's something else. I think that that was a pretty funny comment from Serious there. But are these for sure the vessels are the PFPs of the other side ecosystem? So this is exactly why there's so much going on. I can't even keep track of all this, but I have seen that.
not ready to stand here and say 100% certain, but I have seen chatter that the vessels will turn into PFPs. I think that these will have like utility in the games. I think calling those like a PFP, like I look at the UGFPs is like apes and mutants and like I mean I guess there's some people are using code and stuff but I wouldn't consider
that a PFP I think that's more of like a utility driven thing that we'll see real action for in the other side in whatever game mechanisms they have there. So and I think that the vessels will have something like that. So I still think that the most expensive PFP is going to be the the apes and the mutants and then everything else is like oh some people might use those as PFP.
but I wouldn't consider it a PFP collection, you know. Well, that's very interesting. You say that, especially about CODAS because part of the entire reason of the decoupling was to get those new zoom dead fixtures of those CODAS so that they could be used as PFP's, right? I think that was definitely a part of it, maybe not the entire idea behind
that. So I am curious to see, you know, on NFT inspecting some of the social ranking platforms where we start to see some code of P at P's pop up. But you know, if you look at those vessels and where they stack up, they are now, if you want to call them a P at P, they are the fifth tier P at P behind the board apes, the mutants, the quotas, the
heavy metal. And now I'm saying the heavy metal with the next those are going to be a PFP like NFT. So then we've got the vessels here in fifth. So certainly folks are going to have a lot of options. Ghost I'm curious if you don't mind maybe sharing you you had a board eight a few months ago you sold it I think you still have a
I haven't jumped back into heavy metal yet, but probably playing to pick up a few of those. But I'm not really sure. I really need to dig into the game and read the light paper, whatever it was, and kind of learn more about it. Because it's all, I've kind of been waiting for it all to come to a conclusion of everything being released and then we could
of see where things land and I think that's starting to happen now but I haven't had a full chance to really dive into it yet. But I am still probably holding my Coda. I think that those will have a big part of this ecosystem and they continue to hammer that home. And I mean I'm also watching the mutant floor closely. I think that I'm scared to deploy
huge capital into like an ape right now. And I kind of like having a lot of liquidity to go into big plays like like Nakamegos or something like that. I think the lower tier like something that goes from like 0.01 ETH like I think there's more room to run by accumulating a lot of those and getting like a stable coin like a punk or an ape. So that's been
kind of my trading philosophy right now, but I do think that the mutants might be a good entry point sometimes soon. I'm curious. So my last question here is who are the winners in the UGA ecosystem right now? Certainly. So we've seen an influx now of 110,000 NFTs. There's going to be some liquidity flowing to vessel
Absolutely. There's going to continue to be liquidity flowing out in and out of the other deeds collection as the legends of the Mora game, you know, starts to ramp up as we get more glimpses of the other side. But it's really hard to predict on the upper tier. So who's going to win in the FT ecosystem? And I think it comes down to the real winner is you
in anyone who has equity in his company because they are very effective at selling and launching new NFTs. Though we'll see what that means for the individual collection floors. All right, I think we've covered this in enough. I want to move on to Bugatti on Bitcoin, but before we do that, let's read the news.
Today's Top Headlines powered by Lucky Trainer. Trade volume came in at just 21,000 ETH on Wednesday, down 30% day over day with OpenC Pro seeing 1,540 ETH. That's a 7% share and volume up 120% on the day with Blur's Market Shared
dipping to 60%. The NFT board, though, once again in the red with most of the top volume collections dipping another 2 to 5%. Even though ETH has just recently given back its recent gains, it's back at 1860. So if you know both floors, the clone X are down at 2.85 and the doodles are at 2.85.
I think I saw the four around 0.1 ETH this morning and then Clayna Sores partnered with Octo Gaming to launch a mobile game called ClayScape already available in both Google and Apple PlayStores So I think that was a piece of news that was a bit buried if that had been an ETH based project it would have been all over the timeline
But because it was on Salana not as much exposure in the web 3 and crypto scene a few headline crypto was read yesterday Bitcoin down 2% at 27,900 E thown 2 and a half percent in 1860 Nike released new details for its upcoming our force one and a T collection including previews of the digital
shoes and their new digital OF-1 boxes. An unfortunate magazine launched. It's second in a T-drop as magazine covers featuring girmative artists, it's sell yard, there were ik shells coming on April 9th. So that's the headlines. Go, some curious, any reactions to any of those, either from Nike, Soldier Boy or anything else from yesterday.
Yeah, the soldier boy stuff feels like a straight out of 2021 bull market vibes there. I haven't heard that name in a while. So it was funny to see his NFTs popping up, but I good for them, I guess, for selling out. I don't have a strong take on that, but it was funny to see.
Nike is continuing to build there. It's interesting to watch Nike.switch continue to roll out new features and innovate and see the price of Clonex, which is of course purchased by Nike.
that whatever the studio is, our TFKT.
They were kind of being purchased by them and it's kind of been going down for a while now. So it's just interesting to see the disparity there between the two. So interesting to see what happens there. Yeah, I think that might be a topic for tomorrow show. We can spend a little bit more time on the Nike and artifact ecosystem. For today, let's get into our second topic. I want to talk about
They're betting big on Bitcoin. So they are throwing their hat in the NFT ring. They're not launching digital cars. Instead they are going the digital Faber J. Egg route with a physical component. So on Tuesday this week, Bugatti and Asperg announced a new limited edition collection of
about the collection. So again, it's called the Asprey Bugatti egg collection. They're described as precious physical eggs with links to Journal of Art on Bitcoin. The mint date is going to be around May 4th, not yet final price ranging from 20,000 to 50,000 with a set of 10 high end additions starting at 200,000.
$1,000. The supply just 111 and again available as physicals as well. And so they're effectively launching a luxury digital product here. And I know we all hate that term with the buyers able to receive both the physical and the NFT.
Why does this matter? Of course, it's always big news when we see a major luxury brand entering. I think this is a huge test for the demand for NFTs on Bitcoin. Certainly a common gripe with ordinals over the past few months is the lack of quality collections, dropping of the risk, spending a lot of derivatives, a lot of
copies of each project. The real main primary sets we've seen drop are you guys 12 fold and Frank's D. God's that they both saw some serious demand. Now we have another major brand of Bugatti launching a legitimate high end art collection though it's going to be pricey. I feel like if this sells out that is going to be a
huge win for the Bitcoin NFT Maxis. I also wonder if it will shift or shape the narrative of Bitcoin being the home for lower supply, you know, art like collections. So those are some of my initial thoughts, Ghost. I'm curious for your reactions to the Bugatti news here. And do you like this move from them?
Yeah, first I can't get a mic check because I before on the previous segment I spilled coffee all over my phone. Okay, yeah, I thought this was interesting and I think that if you're a luxury brand like this, I think that Bitcoin is probably the place to go because you can charge these outrageous prices and it doesn't feel as crazy.
after seeing what we saw with the UGA Drop and a few of the other ones there. I think this is like a very rich, rich type environment here. There are only 111 of them, so it's probably going to be the riches of the rich anyway, but this is not like a collector-friendly thing for the broader ecosystem.
I guess if you're a super luxury collection and you want to brand yourself that way that this is a great spot to do it in. So I agree with you that I think it's going to be very interesting to see how the Bitcoin community reacts to this. And I mean, if you want a physical egg to sit on your desk, I guess this is a cool thing there. It sounds like
it's going to be pretty fancy. Well, I feel like you're not, you know, maybe a Faber J egg collector. There it goes. Neither am I. With that being said, you know, I saw some of the previous and these things look pretty, pretty damn nice. So I mean, they're going to be expensive, but you know, there is an
a niche collector base for this type of product. At least in the physical, traditional world, we will see if it translates over to the NFT space. My hot tag is I think this is the coolest collection to drop on Bitcoin to date. I would rather have this Bugatti egg then
12 fold if those are my two choices. So I'm not going to pony up the 20k to go after this, but I think folks absolutely will. I am curious, you know, maybe for your thoughts on what this means for Bitcoin. So, you know, we've seen just like the copycat PFPs.
Those aren't really working. The nature of Bitcoin that the cost to transact, the difficulties, the lack of infrastructure don't lend themselves to high supply collections being dropped. At least at this point in time, the lower supply collections make sense, maybe ones that don't need to trade as much.
think about what type of collections fit that mold. It's art. It's luxury art, right? Where you sell it out of the gate and it's okay if it doesn't transact or turn over a lot. So do you think that's going to be what Bitcoin and NFTs are kind of known for? Is that going to be the theme
that we see for that space.
option for that as we just mentioned and it almost segments by tears there so if you're super luxury and you want to just launch something like a digital physical hybrid or something that doesn't really have much utility maybe you go on Bitcoin where it's just a collector's item then ETH might have a little more utility and then Polygon is more like the channel for gaming transactions
actions or loyalty program or something that has a lot of churn and kind of transactions there that you could transact on a low fee. So, interesting to see the divide and how the chains will be used in different ways going forward. And you kind of went there with my last question. If you're advising a major brand who's looking to make a splash
with an NFT collection drop. What chain are you dropping on Bitcoin, Ether Polygon? Yeah, I think it depends on the brand. I think that the high end luxury brands here perfectly make sense on Bitcoin. Then you've got people like Starbucks who need the loyalty program and have a lot of stuff going on there.
makes a ton of sense and then you've seen, I guess the the exception right now is someone like a Lamborghini or one of the other ones that have dropped things on on ETH. So I could see them going either way but I think that when you have a project that has more of a roadmap and things that are going on maybe air drop stuff like that it's it's easier to do on ETH.
than Bitcoin, but for something that's just a straight egg and an NFT by itself, I think that makes sense for Bitcoin. Well, that's a very logical take. I was looking for something a little splashier, but I definitely respect it. I think I am very interested if Bitcoin will be the home for luxury brands.
dollars as so where C saw over 3.5 million in secondary volume over the week. It was odd timing for the auction given that the regular season was basically over and the Mavericks are likely not making the playoffs but a very impressive sale nonetheless. Two Fadenza sold for 58 and 51 ETH yesterday well below the recent floors of 70 to 80 ETH range there.
Nakamegos came back. One of the few projects in the green yesterday up 40% to a .55E floor respected collector and trader moon cat posted this morning that he bought another 50th worth bringing his holdings up to 350 Nakamegos and the project was also featured in Beeple's everyday post again in a hilarious fashion.
even notice the the knock of Jesus looking guy in the in the distance of people sitting in the chair there. So that was pretty funny to see notable whale dinging who has been expressing his bullishness for me and a bunch lately grabbed another super crew yesterday tweeting that a super crew a day a day keeps a doctor away a super crew for references one MVP not
9 captains and 27 potatoes. So that's quite a bag there and the floor price on MVP is 56 EAT. So, tingling is doubling down there on the meme line ecosystem. And finally we saw a big one of one sale yesterday with William the Pan selling for 75 weave, had tips to NFT stats on that one.
Yeah, that's a huge one-on-one sale there for William. Well, over the two fiddens as the soul of 58-51, which man, those are, we haven't seen those prices in quite some time. Just kind of a reflection on the state of the art market right now. You know, quickly on, on Naka Migos and is dingling, hey, dingling
just has infinite e to invest in these projects. What was the cost of the super cruiser? You're saying an NAP 9 captains in 27 potatoes? That's just back in the app command. That's a hundred and it's a hundred and eighty eight or something that he just bought pumped into this set. So I think my primary takeaway is man, sorry
Toshi, if you're listening to this, the West Coast dev team, anyone in the Nakamego community get this man in honorary already. He was the notable whale who was not included in the Nakamego honorary collection. And I think he actually publicly tweeted about it, you know, who doesn't sell their NFTs? It's diggling.
While other artists and influencers were racing to sell their knock amigos and cash in on this trend, Dingling would not have done that. So that was clearly a miss from that team. Maybe they'll make that one right. All right, we got just a few minutes left here with a couple of minutes.
We can quickly preview a major post photography AI collection that's kicking off today. It's spearheaded from the fellowship AI group and then brain drops artist Rupé Renisto today is the first day of the two day launch.
his re-world collection, 500 NFT. It's a Dutch auction starting at 10/8, the resting price is 2/8. So these aren't going to be cheap. And then tomorrow there's 1,000 coming at a price range 0.10.2 from various artists. So those who don't know Rube, he's famous for his
life in West America photography, AI collection from brain drops, it serves to a 12- each floor. It's still holding at 5.25. Ghosts, I believe you bought into life in West America. So I'm curious, are you tracking this product or are there any thoughts ahead of the meant today?
Yeah, I haven't been tracking this one actually. I still have my life in West America. I love that collection and still think it'll be one of the like seminal AI like art collections there. And I know brain drops has kind of cooled off a little bit since that became the talk of the town for about a couple of weeks there earlier.
on. But I haven't been tracking this one. It's interesting to see I'll have to check it out. But I do really like root based stuff and I have no doubt that this will probably sell out very quickly. Yeah. I also love root based work. I bought the pico top on Lewa. Not many people bought higher than I
I would have been better to wait. That being said, I do love his art style. It's one of my favorite uses of AI art. This whole concept of post photography AI is a new subset of art and AI art that we will see spring up. I am excited about
about that. I think my only concern is, is it too much supply too soon? So we've seen some artists who get hot and then they kind of come out of the gate and launch a lot of new collections in the short period after and sometimes that can hurt the market for their previous
something to watch, but I'm excited for this one. We will see how how the Dutch auction goes starting at 1 p.m. Eastern today. And folks, that is a good say into what's dropping today here before we close several drops. We've got the 76ers heritage at 9 a.m. DC Comics All Star Superman 1. We've got post for time.
I'm going to go to the next
co-dependence are going live. I want to say that's at 6 p.m. Eastern today. So it's a huge line of the drops. I do think that the re-world from Rupé is the drop of the day. And of course that Gucci co-dependent drop is going to see a lot of lines today. So that's it folks. That is our show. Thanks for joining us. If you want
I want to hear more of my voices go on and head over to Dier and SLS's "Menebors Show" where we're going to talk about lucky trader, the news, and some trends in the market. Thanks for joining us. Thanks to you, Ghosts. Everyone, enjoy your Thursday. Let's make it a great time. Bye, everybody.