I recently wrote about what NFT derivatives are but in this article, I will review the inspiration behind my derivative project and decided to take whoever released this collection strategy but spice it up a little.

Step 1: Realization, once you realize everything is a pattern and you begin to look for the connections and synchronicities between things.

I was like the everyday NFT kid apeing into project after project spending hours in discord and days on crypto Twitter looking for every piece of alpha I can get until I came to a realization that we are making the Creators of the project more money with little to no return. I begin to wonder if I can do the same thing, drop an NFT collection, and also make big bucks. I started to dream and wonder what this feeling will be like. So I decided to drop my collection but if this article we are not talking about that. We are discussing how I saw this pattern and immediately hopped on with my very own tweaks.

It all started with me buying this project, this came out and I saw on the marketplace Magic Eden. The designs were out of this world, I immediately thought this is a blue-chip NFT and the floor price would rise tremendously in price and in value over time. So of course I aped in and bought a total of 10 ‘Mutant Phaycs’ and spent nearly 600$ in total on this collection. Hoping this will go to the MOON, as you can see currently the price is sitting at $0.71, I bought around the prices 0.30-0.80 SOL which was around $30-$90 per NFT. I sold all of those for a loss for each one a total of 0.10, I took the revenue from this collection and bought the NFTs from my collection.

After seeing this I saw another project of a different derivate but this time I watch and observed them very closely. Seen how they operated and decided to duplicate these rules. This project below is what really made me start my own collection.

This collection moved a total volume of 388.41 SOL which at the time was around $40k-$50k although this is still flagged people are still actively buying & selling this collection and the owner gets a royalty of 8% off of each NFT sold.

Their Twitter and Disocrd is no longer availble which is clear signs of a rug. In my mind seeing this just fueled me with all kinds of creative ways I can drop a project, So that’s what I did.

NFT’s allow you to control the supply and demand of a project if you do it correctly, I will control the supply of my project by minting 666 NFT’s I will also control the demand by minting 100% of my very own collection.

I will do this so I can go to the public market (Magic Eden) and release my NFTs for the price of my own choosing. Call it crazy, genius, unethical whatever I’m just a kid in a world experimenting and trying new things. This will be a documented experience and I will bring the reader along with me through this journey down the loopholes of rabbit holes.

I recently wrote about what NFT derivatives are but in this article, I will review the inspiration behind my derivative project and decided to take whoever released this collection strategy but spice it up a little.

Step 1: Realization, once you realize everything is a pattern and you begin to look for the connections and synchronicities between things.

I was like the everyday NFT kid apeing into project after project spending hours in discord and days on crypto Twitter looking for every piece of alpha I can get until I came to a realization that we are making the Creators of the project more money with little to no return. I begin to wonder if I can do the same thing, drop an NFT collection, and also make big bucks. I started to dream and wonder what this feeling will be like. So I decided to drop my collection but if this article we are not talking about that. We are discussing how I saw this pattern and immediately hopped on with my very own tweaks.

It all started with me buying this project, this came out and I saw on the marketplace Magic Eden. The designs were out of this world, I immediately thought this is a blue-chip NFT and the floor price would rise tremendously in price and in value over time. So of course I aped in and bought a total of 10 ‘Mutant Phaycs’ and spent nearly 600$ in total on this collection. Hoping this will go to the MOON, as you can see currently the price is sitting at $0.71, I bought around the prices 0.30-0.80 SOL which was around $30-$90 per NFT. I sold all of those for a loss for each one a total of 0.10, I took the revenue from this collection and bought the NFTs from my collection.

After seeing this I saw another project of a different derivate but this time I watch and observed them very closely. Seen how they operated and decided to duplicate these rules. This project below is what really made me start my own collection.

This collection moved a total volume of 388.41 SOL which at the time was around $40k-$50k although this is still flagged people are still actively buying & selling this collection and the owner gets a royalty of 8% off of each NFT sold.

Their Twitter and Disocrd is no longer availble which is clear signs of a rug. In my mind seeing this just fueled me with all kinds of creative ways I can drop a project, So that’s what I did.

NFT’s allow you to control the supply and demand of a project if you do it correctly, I will control the supply of my project by minting 666 NFT’s I will also control the demand by minting 100% of my very own collection.

I will do this so I can go to the public market (Magic Eden) and release my NFTs for the price of my own choosing. Call it crazy, genius, unethical whatever I’m just a kid in a world experimenting and trying new things. This will be a documented experience and I will bring the reader along with me through this journey down the loopholes of rabbit holes.