FULL DISCLOSURE: I own one edition of the collection in question.
Grant Yun Life In Japan 2. The drop broke Nifty Gateway. No easy task. But was it all flippers?
The numbers are off for The Road Ahead. Let's dive into the metrics and compare with his other collections.
By The Numbers:
Editions 1,299 - Burns 166 = 1,133
NG Secondary Sales 555 + Opensea Secondary Sales 342 = 897
NG For Sale 71 + OS For Sale 91 = 162
Remaining Supply - Tot. Secondary - Tot. For Sale = 74
¡¡¡ 74 FACKING HODLERS !!!
So what? People are flipping. Welcome to NFTs, boomer
Follow me here…
79% flipped🐬
14% for sale💰
6.5% 💎🙌
Flipped should only resell at least 15% higher after fees to profit. ie. $610+ at current floor of $520. Limited selling pressure remains. If you were to degen, this might be a great entry point.
Apples to Apples
Let's compare collections using the following metrics:
Mint Price / Last Sold (LS) / LS Mint Multiple
School & Apartments: $299 / $6,999 / 23.4x
Midnight Snack Run: $599 / $9,999 / 16.7x
Primera (collab): 0.09E / 1.47E / 16.3x
The Road Ahead: $299 / $530 / 1.77x
Yes, you’re reading that right. 1.77x! You can buy a Grant Yun piece for less than double the mint price with a credit card on Nifty Gateway. Pricing is even more affordable on Opensea with last sold at 0.21E or $406. Good luck, degens.
[School, Apartments, and The Road Ahead]
Links to collections: