Latest rektguy News

OSF shared mint details for his upcoming "Professional Degen 5" mint, which will take place on Magic Eden on March 11. 

The Deets

• Guaranteed Mints: Ownership of select OSF NFTs offers up to 10 guaranteed mints per NFT, with a snapshot on March 8. 
• Ecosystem Allowlist Raffle: Entry to a 2,000 spot raffle for multiple NFT collections owners including Degenz, Regenz, and more. 
• "Public" Raffle: Another 2,000 spots up for grabs through a public raffle, enhancing inclusivity via Pudgy Penguins, Punks, and more. 
• Community and Partners: Special mints allocated for community engagement and partners, ensuring broad participation.

The Bulk

Upcoming OSF mint, "Professional Degen 5," will allow a host of communities and active web3 participants to add OSF to their collections for free. Scheduled for March 11 on Magic Eden, this drop boasts a collection of 6,969 NFTs.

To ensure a fair and engaging process, minting is structured around an allowlist, with guaranteed mints for owners of certain NFTs and additional spots through ecosystem and public raffles.

Owners of select NFTs like "1/1s," "red lite district," and "dodgy dealer," among others, receive guaranteed mints. Furthermore, the ecosystem allowlist raffle opens 2,000 spots to owners of a wide range of NFTs, from Rektguy to Chimpers. 

The public raffle offers another 2,000 spots, catering to a broader audience and increasing the chance for many to partake in this unique event. Special allocations for community engagement and partners highlight the importance of community in the NFT space, rewarding active participants and collaborators.

Find the full list of projects here. 

🎤 Founder Feedback

🎬 Take Action

Want to get on the allowlist? Be sure to join the ecosystem or public raffles. 

For more web3 and NFT news, visit the Lucky Trader newsfeed.

Rektguy announced a surprise equity gift to NFT holders from a snapshot taken on October 26, 2023.

The Deets

• Surprise Snapshot: Unannounced snapshot of Rektguy holders on October 26, 2023
• Equity Gift: Holders to receive shares in Rekt Brands Inc.
• Non-transferable: Trading Rektguy NFTs won't transfer equity rights
• KYC Process: Eligible holders to complete KYC to claim equity

The Bulk

Rektguy surprised its community by announcing holders of Rektguys during a snapshot taken on October 26, 2023 will now have some equity in Rekt Brands Inc.

Rekt Brands Inc., the parent company, controls the Rektguy contract, Rekt logo, and the overall intellectual property, maintaining the NFTs themselves under a CC0 license. This initiative doesn’t change ownership of the NFTs but provides actual company equity. 

The snapshot, taken without prior announcement, rewards long-term collectors and supporters of the Rektguy project. This equity, however, is tied to the holder at the time of the snapshot and is not transferable through NFT trades. To claim this equity, holders included in the snapshot will need to complete a KYC (Know Your Customer) process, ensuring a compliant and secure distribution.

❗Why It Matters

This move by Rektguy represents a significant evolution in the NFT space, where now two collections have gifted equity to holders, further aligning incentives. It's a pioneering approach to reward and engage with the community, potentially setting a new trend in the NFT market.

🎤 Founder Feedback

🔜 What's Next?

Further instructions for claiming shares in Rekt Brands Inc. will be communicated soon to those eligible in the Rektguy community.

For more web3 and NFT news, visit the Lucky Trader newsfeed.

Rektguy co-founder OSF announced that Red Lite District is on auction at Sotheby's.

❗ Why It Matters

OSF headlined the NFT art scene last year, and a community has formed around his works of art. And he said it all began with "Red Lite District," which also acts as a utility token for lifetime monthly airdrops.

🧠 Need to Know

• The auction for RLD Edition #44 (out of 210) ends at 11:05 a.m. PT on March 31st.
• The estimate was set at 15,000 - 25,000 USD, and at the time of writing, the current bid is 17,000 USD (21 bids) with 7 days remaining.
• The floor price on OSF's Red Lite District collection on OpenSea is 12.69 ETH (~$22,500 USD).
• The bidder will also receive the entire set of 11 editions from Season 1 (ERC-1155):
  • FUCK CASH GRABS, professional degen 3, The Rekt Show, cruising, UPEROL SPRITZ, Send It!, Radio City, The Penrose Hotel, Insomnia, LAST ORDERS, Tin Tin Tatouages, FUCK CASH GRABS 2

🎤 Founder Feedback

4. It was originally meant to be a 1/1, but I liked how it came out and wanted to test @manifoldxyz - so I decided to make it an edition of 210, priced at 0.069ETH each.

Believe it or not, it didn't sell out. A lot of allowlists didn't buy, and I gave some away to fam/friends. pic.twitter.com/ACwtvACVtG

— OSF (@osf_rekt) March 24, 2023

🕳️ Go Deeper

• Sotheby's Auction Link for "Red Lite District #44 + Editions Season 1" Here
• OSF blog post on Mirror: OSF art, rektguy and beyond (June 6, 2022)
• NFT Artist Recap | OSF, XCOPY x Deca, Justin Aversano, and More (June 3, 2022)

Rektguy co-founder OSF announced a formal NFT buyback strategy this morning via a brief Twitter thread.

The team (OSF and Mando) will use 20 percent of profits from the following streams to fund the buybacks as they build out a rektguy vault:

• OSF Art
• rekt Merch
• rekt Events
• rekt Media
• rekt Sponsorships

It will be interesting to monitor those profit streams and how they perform. The rektguy founders are an integral part of the Rug Radio morning show, which shared that it has received over 300 ETH in sponsorship revenue since August. The team has recently launched a new show rektradio, with marquee guests such as Seedphrase, Bharat Krymo, and Cirrus.

The highest-performing profit stream may well be OSF's artwork. He is currently the 15th-ranked artist on SuperRare by total sales this year, with $744,504 in primary revenue and an additional $267,878 in secondary sales. That does not include his OpenSea editions, which have seen over 1,700 ETH in volume across Red Light District, and his OSF Editions. Those royalties plus ongoing primary sales are set up to be a major source of income, which will benefit rektguy holders now through these buybacks.

To date, the team has acquired 149 total rektguy NFTs held in two wallets. OSF shared that the NFTs may be used to secure partnerships, but the ultimate goal is to display them in a physical gallery in the future. 

The market has reacted well to the news, with rektguy up about 10 percent to a 1.08 ETH floor (+21% on the day). There are about 450 listings to the next major milestone of 2 ETH.

OSF has also stayed true to his word of getting a rektguy tattoo when the project re-took the 1 ETH floor, sharing images on his Twitter this morning. The tattoo appears to be a laser-eyed rektguy with a gm hoodie and is etched on OSF's abdomen.

It's doubtful this is the last rektguy tattoo to be debuted, at members of this rabid community have shared their own plans to get tattoos if the project reaches various meme prices such at 4.2 ETH and 6.9 ETH, amongst others.

The rektguy collection was in the news recently after news spread of a dormant account buying up rare NFTs. The wallet bought more than 60 rekt guy NFTs as well as a handful of ENS domains related to "rekt."

Project co-founder OSF shared a somewhat cryptic tweet this morning, calling out the "ghost" for sweeping 30+ ETH worth of rektguy NFTs during the night. The anonymous account is dubbed the "ghost" as their ETH wallet has been dormant for five years until now, with their first action being to purchase rektguy NFTs.

The sweep included several high-end buys, topped by the 6.9 ETH buy of a rare "victory" hoody. There were other above-floor buys at 3.8, 3.33, 2, and 1.888 ETH in this buying spree, which is the second major sweep from this account. The first sweep was eleven days ago.

The "ghost" wallet holds 61 rektguy NFTs now, along with 5 rektguy-themed ENS domains such as "rektghost.eth", "rektmania.eth". and "keepcalmandstayrekt.eth." The wallet also holds two "greed" NFTs from OSF's "7 Deadly Sins" collection and a "rektman" NFT from the "Grandiose Memes - GM" collection.

XCOPY Partners With Deca in 'Right Click Share'

XCOPY partnered with Deca Art to bring "Right Click Share" an NFT Art experiment to life. 

The experiment pits 574 pieces, each which contains one pixel out of the 1,024 pixels that make up the entire piece of "Right Click Share #0"

Doppelgänger from Justin Aversano

Photographer Justin Aversano is hosting an NFT mint, "Doppelganger," through Quantum Art. The collection pulls inspiration and content from Aversano's original collection, Twin Flames, the #1 NFT photography project (floor of 127 ETH).

Today's AI-based free-to-mint NFT project will be for holders of Quantum Key NFTs and holds an IRL component as well, allowing IRL minting until June 5. 

Looking to get in on the action? Quantum Keys hold a floor of 5.6 ETH at the time of writing. 

The Doppelgangers NFTs will use outtakes and manipulations of the original Twin Flames photographs.

Each of the 1,000 pieces has an algorithm that will add pixelated rectangles to transform the photos into more abstract art.

Pop Wonder 'This is Fine'

Pop Wonder, known for his iconic cartoon style, sold "This Is Fine" for 15 ETH on Tuesday through SuperRare.

Inscribed "The first time burns, but after a few dips it feels like home," the artwork might take inspiration from the recent bear market NFTs have experienced recently. 

Despite the bear market, Pop Wonder NFTs have held up just fine with a floor price of 22.22 ETH for Pop Wonder World NFTs on OpenSea.  According to Pop, this will also be the final piece in the Pop Wonder SuperRare artwork series.

Jim Carrey Purchases 1/1 From Ryan Koopmans via MoonPay 

Jim Carrey tweeted about his first NFT purchase, a 1/1 from Ryan Koopmans. 

Carrey noted, "This one stops me."

According to the transaction data on SuperRare the NFT was first purchased by MoonPay for 20 ETH and later transferred to Carrey. 

Ryan Koopmans is a Dutch Candian digital artist whose "Wild Within" series has garnered acclaim over the last year.

The collection delicately captures nature as it flourishes within photorealistic, rendered indoor scenes. 

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rektguy by @osf_nft leads all NFT projects in volume over the last 24 hours.

The project has done 1,990 ETH in sales during this 24-hour stretch which is more than Doodles, Clone X, Azuki, and Mutant Ape Yacht Club combined.

After revealing on Friday, rektguy has breezed through a 1 ETH floor to 1.37 ETH at the time of writing according to our project rankings page. 

The project was a free mint for OSF art holders, Degenz/Re-genz holders, and a handful of other allowlisted parties.

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