RE: Info required9 Mar 2023 13:50
Toffeman
You want answers do you?
I'll give it my best shot with the information available to us.
I will use our first contract, which happens to be our biggest target, our biggest outlay and a successful drop.
Pumas target $14M over 5 years
Outlay $310K
Revenue from successful drop of 4200 NFTs approximately $55K.
What is also impressive about that drop is it coincided with Pumas being eliminated from the final stages of the season.
So using that drop as a benchmark we need 5 more to recoup our outlay.
To achieve target figure we need 100s of drops over the next 54 months.
Something that Epstein promised on a podcast but has since pulled back on.
Drops happen when the Pumas can fit them in.
Similar scenario with our other partnerships but outlay has been lower so hopefully less drops required to recoup.
Lopez should be easily achievable over the next few months.
It's my opinion the market remains unconvinced hence the low SP.
Regular successful drops will change sentiment, something we all expected to happen in January with the start of the new season.