How to decide when it’s worth upgrading or selling gems in Stepn — In my previous post I discussed different methods of selling shoes. Another aspect of the game are gems, which can be upgraded by burning 3 gems of the same kind and GST. Unfortunately, upgrading is not a guaranteed outcome. So how do you know when it’s worth it? Let’s take…

Stepn arbitrage opportunities — At the moment in Stepn, there is very little gameplay involved, aside from trying to maximise the earning potential of your shoes. Naturally, this has also lead to people trying to extract as much as they can from the ecosystem. This isn’t a post about whether or not Stepn is…

On NFT influencooors — Early this year, a popular video discrediting NFTs made its rounds. One of the points is about specific lingo (gm/wgmi) which exhibit cult-likely tendencies that are predatory towards newer individuals. And for some reason or another, this positive toxicity has pervaded into NFT culture. Weirdly enough, some people have made…

Some thoughts on the anime meta — If we look at previous projects, it’s clear that there is an inherent demand for anime related projects, in particular mechas. Mekaverse has been by the far the most hyped project we’ve seen so far, sustaining 5–10 eth floor pre-reveal before it came tumbling down after the reveal and fraud…

Ingredients for a successful NFT project — April 2022 update on the state of Solana NFTs — Two months ago I published On the state of Solana NFTs, the summary being that liquidity flows from one hyped project to the next, instead of teams that are consistently building. Partly, this is due to the non-existent gas fees, but as the supply of new projects increases, ones with…

State of the NFT market — A while back, Zeneca posted this tweet. Most people involved in NFTs aren’t making money. A few months later, people are still trying to figure out the game. But one general consensus is, that 99 percent of these projects will fail. What’s transpired with Pixelmon is a great example…

Some incoherent thoughts about Sol NFTs — As I start writing this, it’s currently 2:13 am. I’m waiting to mint Cryptografs which I got a whitelist for, questioning the risk/reward and also my life choices. The whitelist meta has pretty painful for anyone living in Australia. The previous mint which I had my eye on was Sovana…

Recap of the meme attention economy in 2021 — 2021 was a weird year. One of the emerging narratives that seemed to pop up were power to the people and David vs Goliath like events. All these events had something in common, they were meme driven narratives. Attention is the currency of the internet, and memes are one of…

Will memes be the gateway to mainstream crypto adoption? — Recently I read Cobie’s essays, trading the metagame, tokens in the attention economy and probabilistic thinking and for some reason (probably because each of them mention Doge), I couldn’t stop thinking about Floki and how it might play out. Floki has the potential to leverage the past successes of Doge…