Roundtable Discussion; The Future of Mineral Sands. Watch the video here.
Come on Guz, how often does 100s really mean 100s these days.
Pumas first drop went well and I can see why neither MOS or the club want their next drip overshadowed by the first eve Mexican National Team drop (which has gone smoothly and popularly by the looks of it). I'm fully expecting to see thhe final tick up to $50K in the next few hours through thhe remainder of the night as part of the drip-feeding process seen in most Whitelist drops.
I'm still expecting to see additional contracts in the next couple of weeks, along with more PUMAS and WC drops. Not sure of the time frame of Atlante yet but I expect it to tick over this side of Christmas.
BoD is deffo doing well withh these drops so I see no reason to be worried here or to be giving them the "tick tock" treatment. It's clearly happening ad we speak, we clearly made $50K in a sellout drop a couple of weeks ago, we're clearly about to make another circa $50K this weekend in what has been a highly successful controlled Whitelist drop, we're clearly being approached by more and more sports clubs (and from varying backgrounds by the sounds of it), ME has stated he's traveling regularly to meet with different execs and club owners. Yes, they needed a raise to afford the license fees for some contracts that were in the final stages of discussion but business costs money and we're clearly on to something big.
I'll be topping up again tomorrow.
All IMO
GLA
I can't post thhe link due to community rules but I've tweeted it here. We've about doubled in size the past few weeks and with all the discussion around the world Cup NFT drop happening right now as we speak, there has been loads o discussion on strategy, marketing, tactics etc. And the best part is we regularly update on the exact amount of NFTs sold and the income being generated before thhe split with the National Team or Clubs.
I've tweeted the link here. Open to all.
https://twitter.com/Steady_AIM_Fire/status/1583934741333835776?t=4t8lqF5tX2Ut0tiwySFaVg&s=19
kopf I can't post the link here due to community rules but I've tweeted it
https://twitter.com/Steady_AIM_Fire/status/1583934741333835776?t=4t8lqF5tX2Ut0tiwySFaVg&s=19
I believe so Guzzler. It's a 72 hour drop but it's nonlinear meaning they didn't just release them all and say "go".
Just like this afternoon, we saw a real flurry of mints, not because they suddenly became more popular bit because that is clearly when the company had timed that stage of minting to be for the token holders (whitelist members).
This is clearly a very controlled and calculated drop that is being done with precision. Judging by translated feedback on both twitter and Discord (and a couple on insta) the whitelist members are buzzing and it all seems to be going very well and to plan.
I have very high confidence that this is a controlled event but will be a complete sellout and I expect there to be a genuine flurry when the public sale occurs which I believe to be almost immediately after the whitelist.
It's being released sowlyvtggrough the 72 hour period. This isn't like the PUMAS drop where there was a scrum for them all. Each token holder on the whitelist has been allocated a times lot during the 72 hours giving them all a fair chance.
I'd expect to see a steady rate of minting until it closes
LostMoney not sure if you were on the zoom or attended the investor presentation but they clarified that although the contracts had been discussed, the 3rd parties involved required evidence up front that MOS had money in the bank and can pay up to fulfil the license agreements and we know form history that NB never likes dropping below a certain figure (between £1-1.5M). It's good business sense to make sure you have reserve fuel and that's what NB ensured. I heavily doubt it at this stage but imaging if everything flopped and we'd just spent our last money on license agreements that got us nothing. It would be instant administration or at the very least would put us back to where we started 2.5 years ago when Buckingham got the boot.
They also confirmed that the contracts which had come to the "landing zone" had been in discussion for varying lengths of time and had all come running after the first drop was so successful (completely understandable). It was also confirmed that the company didn't want to risk them moving away from MOS if they were made to wait because we all know the likes of Dapper Labs would be all over anything we weren't picking up and they're a real monster.
I've said it before and I'll say it again, even when it seems like everything is ironed out, contracts still need tweaks, have unexpected delays, need double checking by reams of legal folk and more. I deal with this on a regular basis in the real world so I'm not alarmed or surprised in the slightest. I do however believe they are coming and I do believe it will be soon.
All IMO
Spot on! Discord is going mental. They've seen a minimum of several hundred% up to thousands of % growth in their social channels in the past few days.
As we've been saying for months and months, it doesn't matter whether people here understand what a sports NFT is, the point is there are lots of Mexicans willing to support their team and clubs buy purchasing and feeling part of something.
It's coming and it's coming fast!
There's no info on how many drops per phase Guz so we have no real idea if phase 1 is just 1 drop
The irony of your posting last night is quite hilarious Lostmoney.
I've said this for 6 months but most people on this board do not understand what makes sports NFTs unique, they so not understand that while the general NFT market has slumped a bit this last year, the Sport NFT market has doubled. They don't realise it's expected to grow with a CAGR of 36% until 2032 reaching over $40B from its current $2B.
Look in the right places and all the info is there before the RNS is even announced
The Sports NFT market doubled in 2022 and is expected to grow from $2.6B to $41.6B by 2032
CAGR of over 36% per year until 2032.
https://www.prnewswire.co.uk/news-releases/-1-3-billion-sports-nft-market-doubles-in-2022-a-100-growth-10-years-cagr-36-3-says-market-decipher-850146589.html
I've notices that company and PUMAS have stepped it up a gear regarding online presence specifically in relation to NFT sales.
In the last 24 hours, we've got;
Instagram account specifically for Heroes
Https://instagram.com/heroesnftclub_?igshid=YmMyMTA2M2Y=
Twitter account specifically for Heroes
Https://twitter.com/HeroesNFTClub?t=el70xbZbqI7zQ029FQWGUg&s=09
Discord Channel specifically for Heroes and its got sections for multiple languages for fans
Https://discord.gg/z7XMmPeZ
And PUMAS have started posting specifically about their NFT release, drop 2, multiple drops incoming etc.
https://twitter.com/PumasMX/status/1577736558274383875?t=6kU1CENYfeZNorX7Vdwd7w&s=19
&
https://www.instagram.com/p/CjV88FvpVZq/?igshid=YmMyMTA2M2Y=
Clearly putting the word out that it's up and running before the next drop which could be larger or have more valuable NFTs dropped.
Either way, I'm happy at this level of community engagement and look forward to what's coming
Glad to have you on board Steve
Agreed Billy, working fine for me
RT003
Bitcoin, as per any crypto, as yet unregulated can theoretically have zero value with the right circumstances. Until crypto is fully regulated, I won't be investing in it but I may use it to purchase items in the near future.
Similarly, NFTs that are merely a generated piece of digital are only worth what the next person is willing to pay you for it. There is nearly no difference between this type of NFT and normal, recognised art.
Sports NFTs, or facilitative NFTs are completely different. Sports NFTs in the form of trading cards are the equivalent to previous versions of baseball cards, football cards, golf cards etc. People that are fans of the team or person are likely to purchase or show support in other ways involving NFTs. The reason people wear footy colours and scarves or have tattoes of their team is to show support and to provide income to the team. More and more influence is being directed at digital aspects of sports and metaverses and VR etc. Buying these cards is giving fans an exclusive right to show support, commitment and to have a purpose for collection. Specifically on this point, there is little difference between PUMAS trading cards and PUMAS NFTs other than the convenience of being able to buy and sell in an instant and being able to showcase your collection digitally. You personally may not value it but other people do and that all that counts. I've never collected a Sports card in my life or a model train or anything like that but I can absolutely see the appeal. When these items were first released, the opinion by some would have been the same.
What we've seen this weekend is, IMO, the most basic NFT class we will release. In the future I expect some NFTs to come with facilities like season tickets, meet and greets with players, coaches, managers etc., tours round stadiums to exclusive areas, hospitality events etc. etc. The list goes on.
I also expect to see fans given the option to purchase their season tickets as and NFT and this will only increase in popularity as digitalisation and the VR environment improve. Soon we'll be living in a world where you and I could be sat at opposite sides of the world but virtually sitting right next to each other in the best seats available, along with millions of other people also sat in the best seats available, watching our favourite sports teams with family and friends virtually sitting next to us. Fans will purchase digital football kits to wear, scarves, flags, other designer items etc. All digital, all NFTS, all tradeable.
IMO, that's where all this is heading. And I think Web3 and the Metaverse (or plural) are going to be the next big thing in consumer markets over the next 15 years of massive industry growth.
I hope this explains some of it
Forg8ve me Knight, I don't follow American Football (I don't even really follow UK football either, I'm more of a Rugby guy). But I would imagine if you had coaches at elite level or managers at elite level (thinking of Sir Alex Ferguson here and similar) then I'd hazard that if they were one-off elite or platinum NFTs with facilities to perhaps have a meet and greet or similar then they would sell pretty quick too. Maybe not with the same excitement and possibly not to the same generation of fans but they'd make some money. All IMO
For anyone in the TG group, youll likely inow this already but for anyone not with access, the last 24 hours has seen a frenzy of activity. Anyone with their ear to the ground will have sussed that the first NFT drop took place sometime on Friday Night or Saturday Morn (UK time). We've so far been able to work out that there were "X" people from all over the world who signed up to early access but due to demand, only "Y" people got through and were able to purchase. It looks like the NFTs may not have been minted straight away but there's still debate on it however looking at twitter and insta, it was a very small proportion of the initial signup, a random group of people that got access and some of them bought the entire collection from this first drop (we think around $290 for the collection at this stage). However we can only see the Bronze and Gold but there is evidence that 10 Platinums were released and we don't yet know what value these were.
The fact that there was not a second intake of access from signups means that it sold out, we can assume it did so very quickly and we can assume that from just this small amount of people and not including the platinum cards as yet unknown, we think that the bronze and gold alone made around $40K net.
In addition, we can see that there were only 300gold cards produced and only 100 bronze per player on the team.
So doing the math if some people with early access got the full collection, individuals are willing to spend decent money here and it means there was literally a tiny intake of people given first access and it was an instant sellout.
We can also see that secondary sales get the creator 5% royalty.
And from what we can see, none of these cards came with facilities so the fans buying them are solely investing to collect cards at this stage. The cards seem to be sold like a lottery so you don't actually know which card you're getting fresh from mint therefore there's an element of excitement and unknown when collecting.
I expect drops like this to become very regular so that fans can complete their collections, I expect the secondary market to be a significant driver of revenue too also so that fans can complete their collections. Given what random fans are willing to pay for collectable cards with no facilities. We don't know what platinum cards are worth yet but the value could be significant and we know 10 were released.
I expect an RNS on Monday, likely in Mexican time but I expect it nonetheless.
I'm not a rampy character but it has begun folks. Get in the car.
Steve, I didn't get the impression that City was directing that comment at thhe wider audience, just at Guz.
And when it comes to these rumours and whispers of a placing to keep the lights on that you've apparently been hearing then I think you must be stood in an echo chamber because by far the worst culprit of misinformation and fearmongering relating to placings on this board is you...
As for guz an accusations of inside info, I've said before. Email the BoD about about the majority of the questions on here and you get a fair answer just like the zoom call from a few weeks back.
The fact is, City calls an RNS being imminent nearly every day of the week or calls some variation of how or when the NFTs are potentially going to be dropped regularly. By any standard its very clearly speculation based on his research and on the same answers we all get from the BoD
He's been right about dates and news on several occasions but when you believe news is coming for 12 weeks and post about it weekly, of course he's going to be right some of those times. I'd hardly label regular and repetitive guesswork (even when it's educated guesswork) insider info.
I got dozens of questions submitted to me here on the zoom call, all of which were answered (most fully and some that couldn't be due to sensitivity) but the vast majority here that submitted were very happy with the answers and have since openly engaged more directly with the BoD for answers.
Recieved email this morning
"The first Pumas Heroes NFT Club Drop is about to begin.
Thank you very much for registering and for wanting to be part of the most exclusive club in Mexican soccer.
We are currently having a lot of demand to acquire Pumas NFTs so don't despair if you miss out as it won’t be the only drop we’ll have.
Get ready to grab your NFT! Our NFTs are purchased in Solana. We suggest you download Phantom or another Solana compatible crypto wallet now if you’ve not already!
Keep checking heroesnftclub.com/pumas not to miss it!
If you have any questions, comments or just need help, feel free to contact us.
Again,
WELCOME!
The Pumas Heroes NFT Club Team"
Eyes peeled folks, it's about to begin!
There are several things that I see regularly drive SPs up in short order;
New Contracts,
Acquisitions,
Cost Cutting,
Profitability Announcements etc.
This latest RNS suggests 3 of the above to me.
If we look at the PUMAS agreement, the worst case scenario cost to us over 3 years was circa $310K. That was for a contract where the agreed reasonable target revenue share fir us was $14.5M.
If we compare that with the announcement today, our net worst case exposure is $50K estimated over 3 years. Our revenue share target is $3.7M for this new contract.
Therefore it can be calculated that if the Atlante deal proportionatley cost the same as PUMAS, then the 3 year exposure would be $77K and not $50K.
In summary, we're clearly saving money somewhere or becoming more profitable.
Going back to my first point. We're writing new contracts, we're saving money proportionately to previous contracts and therefor it would be assumed that we're more likely to be profitable from these deals given that costs are going down.
All IMO but it's looking good!
Backing up BillyEsy here. I'm not trying to bash criticism, I'm all for people questioning companies as its the right thing to do but Skeletor, Steve D and Ripper et al, what you're attempting is just moronic.
If you're going to troll a board at least do your research. You've clearly no idea what you're talking about, you've clearly not been on the websites you're claiming are not advertising our contracts and in the case of Purchast at the Top on the other platform, he has a known history spanning several years of doing exactly what you're doing here. Going around making wuld accusations. Looking at his actual picks according to that site, I wouldn't be taking an ounce of info/advice from him/her.
Come on guys, if you're going to troll, at least use credible sources of info or do some research so that you sound vaguely believable.