Latest Max Pain and Frens By XCOPY News
Cobie, a notable crypto trader and personality, began a year long quest to $1 million through NFT trading.
🧐 Wait, What?
Early this afternoon, Cobie tweeted the following:
The Deets
- Trades must be peer-to-peer
- No swapping the NFTs for ETH or stablecoins
- Initial sale 0.08 ETH
- Only 50 swaps allowed
The Bulk
Shortly after tweeting the first offer of friend No. 22 from the Forest, No collection, Cobie received a flurry of replies from NFT holders. Those offers included multiple Tubby Cat NFTs, a Pudgy Rod, Super PUMA and more.
Ultimately, he accepted the offer of another known crypto trader, Cryptopathic, for one Max Pain and Frens NFT from XCOPY.
Shortly thereafter, the wallet holding the Max Pain and Frens NFT traded it for a Sappy Seals NFT.
📊 By the Numbers
Thus far in only two trades, Cobie has moved from a 0.08 ETH purchase to a 0.54 ETH valuation based on the current Sappy Seals floor.
🎤 Cobie Quotes
On the quest, Cobie said...
🎬 Take Action
You can follow the progress on Twitter or via the trading account's activity on OpenSea.
XCOPY teased a potential drop coming tomorrow on the generative art platform Deca, the famed crypto artist tweeted Tuesday.
👀@XCOPYART x @0xDecaArt
— XCOPY 🏴 (@XCOPYART) November 29, 2022
TOMORROW pic.twitter.com/UN4ixbJ5Q8
No further details were provided. This post will be updated as more information emerges regarding the drop.
Thursday was a huge day in the NFT world, as overall OpenSea volume almost touched $100mm ($98.6mm), Azukis went on a tear, "rug pullers" are facing prosecution (see "Frosties"), a Fidenza sold for 320 ETH, and infamous crypto artist XCOPY smashed everyone's expectations during his "MAX PAIN" open edition. The market feels primed for a big weekend, headlined by World of Women's new drop "WoW Galaxy" coming tomorrow.
Top news for today:
- Market movers and weekly macro
- XCOPY's MAX PAIN Brings Pleasure
- World of Women Galaxy Anticipation
Market Movers and Weekly Macro
Trading volume was up for the third day in a row on Thursday, and the top PFP collections floor prices are showing it, as 10 of the top 12 projects were in the green over the past 24 hours.
The numbers look even better when zooming out slightly, as 16 of the top 20 projects were up on the 7 day view with an average gain in the 20%-40% range.
Thursday's $98.6mm in volume rounded out a $646mm week, meaning a $92.4mm daily average which is nearly a 50% increase over the prior week.
The top winner from Thursday was resoundingly Azukis, which traded over 3,800 ETH and saw the floor rip all the way to high 17 ETH range before retracing to 16.9 ETH over night. This is nearly a 70% jump for Azukis over the last week, and the drivers seem to be a combination of speculation ahead of the Azuki Garden Party on March 30 (featuring a Zagabond announcement), hype over an alluded airdrop and new project, and some rotation of liquidity from the Yuga ecosystem.
Other notable movers from Thursday include:
- BAYC/MAYC combining for 4500 ETH and holding 103 ETH / 23.2 ETH floors ($APE at $13.2)
- Doodles up 8% to 14 ETH
- CloneX up 5% to 15 ETH
- World of Women up 4.5% to 13 ETH
XCOPY's MAX PAIN Brings Pleasure
There was significant anticipation leading up to XCOPY's open edition "MAX PAIN" on Nifty Gateway Thursday afternoon.
Early predictions were expecting any where from 3000 to 5000 editions to be minted for the 1 ETH mint price ($3100) in just a ten minute window.
Those predictions were all smashed, as 7394 editions were sold in the 10 minute window, netting XCOPY around $23MM in total sales. The king XCOPY had this to say after the sale:
well that was quite intense
— XCOPY 🏴 (@XCOPYART) March 24, 2022
Market sentiment seemed to be resoundingly positive, as MAX PAIN Twitter PFPs began to sprout up and the "I guess art's not dead" posts started raining in.
Surely hundreds of owners gained their first XCOPY (and maybe first digital art piece) through this primary sale. And the secondary market has been firing as well, with 357 ETH traded on the collection on OpenSea in the first 12 hours, holding a 1.13 ETH floor price.
Did XCOPY just save the digital art market? We will find out...
World of Women Galaxy Anticipation
Leading female PFP project World of Women (WoW) is launching its first "companion" project on Saturday, WoW Galaxy, in what is likely the most anticipated drop of the weekend.
This new collection will be 22,222 supply, featuring new art from famed artist Yam Karkai.
Full details for the launch can be found in a medium post linked from the tweet below, but in quick summary:
- 10,000 NFTs will be allotted to current WoW NFT holders, Price = Free + gas, Time: Saturday at 2 pm EST
- 10,000 NFTs will be available in a dutch auction, Starting Price TBD (hinted at 2.5 ETH), Time: Saturday at 4 pm EST
- 2,222 NFTS will be available for Allowlist, Price = 0.3 ETH, Time: opening up after the dutch auction completes
📌 How and when to mint #WoWGalaxy?
— World of Women (@worldofwomennft) March 24, 2022
⏰ March 26th, 2022
🔓 Public sale (Dutch Auction) starts at 1pm PST/ 4pm EST/ 8pm GMT
💻 Minting will take place ONLY on the official WoW website https://t.co/hvxByjhDlM
More info in our dedicated article 👇https://t.co/PVqqh63y3R pic.twitter.com/Rrj73yHKnk
Given a relative lack of quality new mints in the past few weeks, expectations are that this will be a large liquidity event, especially given ties between the WoW ecosystem and BAYC through Guy O'Seary. Expect this to be the big event of the weekend in NFTs.
Enjoy your weekend everyone, and stay safe out there!
Top NFT artist XCOPY is releasing "Traitors Redemption" this afternoon at 6:30 p.m. ET.
Last night, Nifty Gateway officially released the details for the minting process, along with supply and edition size late last night.
Afterburn
XCOPY's newest drop will consist of two different sets, "Max Pain and Frens" and "Afterburn."
"Afterburn" will be the first set to release this afternoon with minting opening at 3:30 ET.
In the upcoming drop, holders of XCOPY's "Afterburn" have the option of burning one piece to receive one of the new 100 editions of "Afterburn."
Following the initial burn, holders with 2 "Afterburns" will have the option to burn both pieces in return for one of the three open editions at 5:30 p.m. ET. Titled "Guzzlers, Reachback & Damager" the open editions will be open for 30 minutes until 6:00 p.m. ET. costing $1 each after burning,
Holders must submit a burn request and then purchase the open edition within this window.
Any holder with more than 2 "Afterburns" may elect to burn 2 more for a different open edition with no restrictions.
Max Pain and Frens
The Max Pain and Frens will be centered around 4 pieces minting via ranked auctions. Starting at 4:30 p.m. ET running for 30 minutes the pieces "Waster, Damage Luxe and Gourmet Spicy" have 6,12, & 24 edition.
Directly following these at 6:30 p.m. ET, an open edition "Max Pain" piece will release and be open for minting for 10 minutes.
Unlike the Afterburn set these will not require holders to have a previous XCOPY but each open edition will cost $3,094.00 each.
Head over to Nifty Gateway to mint or view the entire collection here.
Disclaimer: Lucky Trader is not a registered investment advisor. You understand that the service is furnished for your personal noncommercial, information, purpose only. No mention of an NFT in the service constitutes as a recommendation to buy, sell, or hold that or any other NFT. Nothing within the service shall, or is intended to, constitute financial, legal, accounting, or tax advice. Any decision that you make to buy, sell, or hold an NFT should be based on an assessment of your risks in consultation with your personal advisers.
Today's Top News:
- New Japanese street art NFT project sells out via Dutch auction.
- XCOPY set to drop a new NFT collection via Nifty Gateway.
- Loopring and Gamestop are teaming up for new NFT marketplace.
Kiwami Sells Out Via Dutch Auction
Yesterday evening, Kiwami NFT sold out of its public sale Dutch auction of 7,000 NFTs in roughly 25 minutes.
The project ended up minting out at 0.1 ETH and has seen a decent start in secondary volume, accumulating almost 260 ETH traded in under two hours. The remaining circulation of 3,000 NFTs will be released today at 80 percent of the final price of the Dutch auction (0.08 ETH) for those lucky enough to be allocated an OG/Mintlist spot.
Kiwami was created by an anonymous Japanese team of street artists that are influenced by cyberkinetic and urban pop-art with traditional Japanese elements.
The founder of Anonymice was the developer of the smart contract.
XCOPY Is Back With New Nifty Gateway Drop
XCOPY is releasing a 10-minute open session titled "MAX PAIN" today starting at 6:30 p.m. ET and ending at 6:40 p.m. ET via Nifty Gateway.
It'll cost $3,000 USD (in ETH, at the current evaluation when the mint starts). XCOPY and Nifty Gateway also included a burning mechanism for the drop, allowing some pieces to be burned for access to purchase a rarer edition collectible NFT.
MAX PAIN 🔥 tomorrow @niftygateway pic.twitter.com/hRMhWZO553
— XCOPY 🏴 (@XCOPYART) March 23, 2022
XCOPY and Nifty Gateway also included a burning mechanism to the drop, opening up the ability to purchase other more rare pieces explained in the thread below.
alpha for the grifters ahead of Thursday, don’t tell @XCOPYART 🤫
— Nifty Gateway (@niftygateway) March 23, 2022
Burning two “Afterburn” pieces will allow you to purchase open editions “DAMAGER”, “GUZZLER RED”, or “REACHBACK”
Loopring Teaming Up With GameStop for NFT Marketplace
Loopring's Head of Growth Adam Browman published news on Wednesday that GameStop's NFT Marketplace has taken its first step in development and is being built atop Loopring.
LRC, Loopring's native token on Ethereum, rose close to 35 percent in the past 24 hour window and sits at $1.14 as of the time of writing this article.
Data provider Messari indicated that this gain was the single largest of all cryptocurrencies in the market with a market capitalization of at least $1 billion.
Users are allocated early access to the project in order to set up usernames and profile information. GameStop stock (GME) also rose 10 percent in the 24-hour span since the news broke.
The future of #NFTs are here + they're powered by #Ethereum's second layer💙
— Loopring💙🏴☠️ (@loopringorg) March 23, 2022
Loopring L2 x @GameStop
Power to the players.
Power to the creators
Power to the collectors.#L222🌀https://t.co/0gdvKLivfp
As the NFT scene continues to hype 10,000-piece profile picture projects, various digital artists are diligently creating and growing in the NFT space. In this weekly recap, we'll break down some of the most notable NFT Artists and their upcoming works. This week we will be featuring a top selling photography artist, an established 3D animator, and three other unique NFT artists.
XCOPY
After being featured last week, XCOPY decided it was a great time to release his newest collection. Coming to Nifty Gateway on March 24, XCOPY will be releasing a series entitled "Traitors Redemption."
Two pieces have been previewed thus far on his Twitter, with further details coming soon. XCOPY stated that "There will be a burn. Only Afterburn qualifies for this."
There are currently 870 editions of "Afterburn" with a floor of 7.69 ETH at the time of writing.
🔥 @niftygateway pic.twitter.com/kTD9Em3XXp
— XCOPY 🏴 (@XCOPYART) March 17, 2022
Alpha Centauri Kid
Alpha Centauri Kid, a notable 3D animator and artist, has captured the attention of some of the biggest names in NFT collecting.
For example, in August @VincentVanDough purchased "Lonely Neighborhood SpidePepe" for 46.2 ETH and ACK's most recent Foundation work "Draw me like on of your French girls" sold for 60 ETH in September.
Alpha Centauri Kid's art combines dark imagery, with crypto memes and icons such as Pepe and XCOPY. He has attracted nearly 20,000 followers on Twitter and in a recent teaser, ACK tweeted a possible PFP collection might be in the works.
sounds kinda fun ngl pic.twitter.com/e1s16IVcYS
— Alpha Centauri Kid (@lphaCentauriKid) March 22, 2022
Aaron Penne
Aaron Penne is a generative, digital artist specializing in engineering. Penne has been coding and creating art since 2018 and has amassed a solid following between Twitter, Archipelago, and Foundation.
In his most recent project Aaron is teaming up with FingerprintsDAO, creating what appears to be a generated series of animated kaleidoscope pieces. Planning to have a large allowlist including FingerprintDAO members and collectors of Aaron's past work, the full collection size has yet to be released.
Details on forthcoming @aaronpenne project:
— Fingerprints (@FingerprintsDAO) March 21, 2022
This project is aimed at being collector-focused, meaning a large allowlist. To do our best to avoid any bots and gas wars.
Allowlist will include: FingerprintsDAO members, Aaron’s collectors, @AvidLines, @_thejims, & @SeedCapitalNFT. pic.twitter.com/N3x3oEEhMG
Tony Babel
Tony Babel a designer, animator, and illustrator is self-proclaimed as "stuck in the 30s creating vintage loops." Babel's style is undeniably unique and can be compared to retro animations from the 30s.
The community has taken notice of his incredible style, as he has built a following of upwards of 150K followers on Twitter. With nine creations on SuperRare, his work has commanded steeper and steeper prices, with a most recent secondary sale going for 27.5 ETH.
We have a new member in the vintage family, congrats @_Harristotle_ & @0x_artifact! 🥃 https://t.co/rAtd29pHOo
— Tony Babel (@TonyBabel) March 21, 2022
DrifterShoots
DrifterShoots, who was featured in the first NFT Artist recap has been busy these last couple weeks. After releasing "Where Did My Goats Go" in collaboration with GaryVee's Gift Goat NFT, Drifter announced four upcoming 1/1 pieces in his "Where Did My Vans Go" collection.
His running series contains 188 photographs, trading upwards of 2.5K ETH on the secondary market, holding a floor of 52 ETH. The next four pieces will be available via English auction.
Four more grails have been added to “Where My Vans Go” and are now open for offers. Only two more pieces left to mint.
— Drift (@DrifterShoots) March 22, 2022
Please DM to inquire🖤 pic.twitter.com/rR65Mg0j3B
Disclaimer: Lucky Trader is not a registered investment advisor. You understand that the service is furnished for your personal noncommercial, information, purpose only. No mention of an NFT in the service constitutes as a recommendation to buy, sell, or hold that or any other NFT. Nothing within the service shall, or is intended to, constitute financial, legal, accounting, or tax advice. Any decision that you make to buy, sell, or hold an NFT should be based on an assessment of your risks in consultation with your personal advisers.
