10,000 Wall Street Bull NFTs sell out in 32 minutes
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Launched in October, the NFT series of 10,000 Wall Street Bulls sold out in 32 minutes.
This collection of products has become a way for shoppers to engage with local retailers.
Now, the designers of these series have added a way for retailers to add an extra layer of risk to their NFTs.
In October, oil artist Cam Rackam was stunned to watch a collection of 10,000 NFT Wall Street Bulls sell out in seconds.
Thousands of creative and colorful rocket bulls were sold within the first five minutes of the announcement of NFTs aimed at retailers after GameStop enthusiasts. In about 8 minutes, half of the collection will be purchased.
It sold out in 32 minutes.
"I'm at home drinking champagne and smoking cigarettes and I'm really crazy. You know, I'm going crazy. I've been performing for 20 years and I've been working hard for payroll."
Four founders of the Wall Street Memes Instagram account reportedly surfaced "meme stocks", sparked by the global hit "Wall Street Bet". - Earned up to $2.5M in initial trades and continued to receive credit from NFT bulls. According to OpenSea, the current minimum price for a cow is 2 Ether, or around $638.
NFT is a digital art archive of the Ethereum blockchain which is the artifact of the iconic Wall Street bull ride. They must express stock market expectations, otherwise most traders would say “stocks go up and down, not up”.
"We're just bulls and we hate shorts. We hate the bear market," said Boris, co-founder of Wall Street Meme Pages.
The NFT series has become a way for shoppers to identify themselves as members of the local retail market. Bull owners can party and celebrate, Rackam said, and owners of multiple bulls will soon receive Wall Street Intern's new free NFT.
But beyond the NFT and the original community, the makers want to add the risk that Wall Street casino traders love.
New gamification features allow bull holders to risk NFTs being more profitable or less valuable. When NFT holders purchase these features, a random generator will intercept the digital gear or add new features to make the cow even cheaper.
"It's like a stock option," Boris said. "Your options can be zero or you can have 100x options and you can take a risk. And that's what we bring to the NFT world."
Rackam and Boris see their video as a continuation of the Fellowship which began in January 2021. Millions of entrepreneurs have gathered on Reddit to reap the big profits in short stuff like GameStop.
"It's a beautiful message that when people come together, they can run a big business like the Wall Street market. The message of this NFT series reflects what has happened over the years in dav expansion. "
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