This post like every post contains an NFT airdrop redeemable a single time by the first lucky reader to click the URL in the in the area specifying the airdrop. Non Fungible Tokens (NFT)s have been very popular lately Its difficult as a casual crypto investor to see the merit, Until splinterlands gave me an NFT worth $200 I for the most part avoided NFTs thinking they where a fad that would soon burn itself out.
Little did I know its sometimes much more then collectables and games while that is a sizeable portion of the market a level of legitimacy that I didn't think possible has become common place. For instance NFT staking and farming both exist I take part in this type NFT system daily. WAX NFT sales that I have been getting make my sizeable crypto profits look tame by comparison.
These are just my top sales on WAX I sell on Hive to so this figure is a bit different overall but WAX has the majority of my NFT sales staking and profits. I have been in crypto markets and communities for 2 years I have been in the WAX NFT market 3 months I put $100 total into this little venture now look at my profits.
So far $600 USD in profit in three months this isn't even the tip of the iceberg My focus thus far was on building my total number of NFTs for sale. Doing this by opening packs of NFTs taking note of several key factors to each collection by a trial and error process. I felt out the market and know now how to invest for garneted profits, In total my account has more then 9,000 NFTs now many worth well over $100.
Apparently I may have a extremely rare NFT even by my standards, since currently my price of 50,000 is still the lowest ill smoke some Blue dream and attempt to convince you the reader as well as my self that something like this could be possible.
For starters high priced NFTs are nothing new to me I just never thought I would be the lucky one to claim ownership.
Is my new NFT worth more than a brand new car, simple answer no right? While you're not wrong this particular NFT has thrown me a curve ball, I have never encounter much less owned an NFT this rare, only hearing about certain NFTs like certain Art projects or a crypto Kitty. Since I am realistic I always assume that the price was going to rapidly decrease as the number of available NFTs of this type basic supply & demand. While yes the collection has slightly decreased in value since yesterday the number of this particular NFT Template has remained at 8. Once I woke up to find that my price of $50,000 USD was still the lowest listed on the market. Not only that but even with the only prices being 5 to 6 figures the other 5 owners have yet to list theirs.
No reasonable person would keep a NFT that is worth even a 1/4 my listing price($12,500), that is a lot lot of money in my area This I am uncertain about how something like this could even happen.
This is why I decided to check out the odds for finding something like this NFT in Exit Limbo, beyond that how many packs are opened if possible how many of these NFTs can be found total.
First off I was able to ascertain the actual Classification of this NFT while yes it is Mythic rarity as I stated yesterday, however I have found that the NFT is actually a song from a album called meat head and what is on the title card or larger below is the Musicians seal of authenticity.
https://emanate.live/exitlimbo/rail-yard-turf
The name of the exact song is (Rail Yard Turf) by Metahead credits Giovanni Cantele, Dario Casillo, Filippo Mussini
Now that I have established the class of the NFT I was able to learn quite a bit about the market for this collection and finally found a sale of a similar NFT album similar but slightly less rare with a total of 12 and 1 sold for $500.
I also finally established rarity and the odds of getting a Music NFT from the Exit Limbo collection is either a 1.25% chance in every pack of 15 count Exit Limbo NFTs. In the 30 pack of Exit Limbo NFTs it's a little bit better odds with a 2.5% chance
610 out of 1,050 30 count packs have been burned or opened, the 15 count packs has had 839 out of 1,550 burned so with a little less than half of all the packs left unopened. And only 21 of the music NFTs all together have been found 13 of which are the Transformer type
Mine is the less common type with a total of 8 in circulation, judging by the sales records of the more common Transformer type, and the overall rarity combined with the popularity of the Exit Limbo collection I believe I have enough information to guess the price range. Assuming of course worse case scenario and they double in the total Number circulating I'll Hazzard a guess the lower price point should be around $300 the higher price point is still difficult to determine.
Given that the maximum supply is information not yet available I will have to make a educated guess from what I have witnessed in the NFT market and how unique an asset like a song NFT is. This isn't the first example of a Song NFT the Album by Justin Blau sold for $11.6 million at the time the most expensive NFT sale on record this record was actually just broken for most expensive NFT ever sold by the artist Beeple that sold their digital Art piece for $69,000,000.
Couple of things that are not quite as good for my NFT price, 1st being this is a single song not an album, the second being the sales mentioned above took place on the ETH network. So if you take the $5,000,000 in gas into account its a little less impressive.
This being said I am actually not the only user on WAX with a Exit Limbo Music NFT that has a price over $10,000 USD. In fact in the more common classification of the two the cheapest market price is $566.
Honestly I am probably going to be listing it at $1,900 USD, and I'm so excited to have ever had something this rare.
The very first time I had to find a way to price something that was literally one of the most expensive NFTs on the market & I own It.
Mining and staking NFTs
This has become increasingly trendy so I'm going to skip the explanation of what staking mining or farming is just instead of standard crypto these systems use NFTs.
Dcity a hive game that is essentially just staking NFT buildings to your own Dcity
https://dcity.io/info
Alien worlds a mining game on WAX this is one of the more expensive NFT collections and you can mine them for free by playing the mining simulation game and staking their crypto TLM to planets, their list of partners is vast so is the complexity of the mining some of their NFTs sell for well over $1,000 USD Banano even has a partnership through MONKEYS their NEW NFT line.
https://alienworlds.io/
When you have mined a few of their NFTs these two WAX DAPPs can be used to profit even more from the free NFTs
https://rplanet.io/
Another mining and staking WAX Dapp but it requires NFTs to stake in order to earn their crypto and then purchase elements to craft ridiculously expensive WAX NFTs
https://collect.social/referral?r=akyqy.wam
Another WAX Dapp that while not staking allows users to complete collections of WAX NFTs rewarding users with their crypto and NFTs worth again way to much money a KEY sells for over $500
You dont have to start with money to profit on WAX I wish I knew this sooner, however if your looking to do short term investments with a fairly high ROI first do your homework on which collections is a sure thing. I studied the market figured out golden rules of the collections that do the best. R2 is one of my favorite producers of NFTs, they have burn incentive community engagement and staking options. They keep their collections limited which is essential, Then give users incentive to BURN their common NFTs to get better ones. This creates a perfect storm that will allow you to profit if you buy at launch price, not every NFT producer on WAX is valuable but theirs always seem to be.
Alien horrors from https://ultrarare.uk/ made me the most money the quickest on packs though 5 days 4x my investment $25 to $115.
KOGS the more profitable cheap collection but they sit for quite a while its luck i sold one for that price I have 3 KOGS valued over $100 just sitting but the $300 sold so I'm unsure. This being said they are always improving just added staking + a Game and bounties.
https://kogs.gg/
There is no end to the NFT projects that get announced every day, I'm sure I didn't even explain 1% of the projects out there hell i even have my own lines of WAX NFTs . My own ETH NFTs to but that network is destroyed by gas fees where as my WAX NFTs are actually profitable something like $70 so far and producing and selling them is nearly free due to me staking WAXP. My most popular NFT line being cronic cards while not white listed it has a sizable following.
https://wax.atomichub.io/explorer/collection/croniccards1
this was an active alpha test while I tweaked my style & improved my design capabilities, Now I'm focusing on getting more intricate in my design adding layers descriptions integers for my next collection the first collections are still active but I started this project with zero experience or understanding now I have that.
My cheapest collection is weeds stickers and this one is more fun less informative weed puns joints to burn all the fun stuff.
https://wax.atomichub.io/explorer/collection/weedstickers
Free airdrop URL
I try to include a single claim airdrop url for WAX wallet users containing free NFTs, It may only be claimed by the first lucky person to click the link. After claimed once the URL will no longer be active. The lucky reader should receive 5 NFTs if you received less then 5 check your whitelist settings. The NFTs may be cannabis themed
https://wax.atomichub.io/trading/link/57278?key=5Hr6NEooKPWXp5MuzQRqjHaoKARMhLWRhCqwdhP7Ju9XK32Lz5S
Want to purchase any of my NFTs
As i stated earlier in the post I have over $9,000 WAX NFT most of which are for sale with new stock added daily, including some of the rarest NFTs on the market.
only 20 of these will ever exist each unique I'm selling one of the tracks from the commemorative game album for EXIT limbo. This is just one of my many Rare and exclusive NFTs
