What an amazing Lost Poets drop, masterfully and smoothly executed by Pak and Manifold — unlike anything in NFT history, allowing many small collectors to participate without gas wars (or lost gas): Some of the innovations in the drop included: 1) Use of ERC1155 tokens (Page NFTs) that resulted in gas being paid on the number of transactions and not the number of token mints in the transaction. A transaction to mint 1000 tokens (max) costs the same as to min 1 token.
Nice work, some great insights here. Even though there are 65,536 Poets in existence, the actual number available in the market will be far lower due to single addresses holding multiple Poets, Pages never exchanged for Poets etc. This is the brilliance of the design of the game, the community is very much in control of the outcomes. My own view is that the OP and its 64 latents is going to be extremely valuable as you can then ‘write’ part of the game.
Thanks for the analysis. Hope that the minimum entry of 10 is not happening. That would be 2.5 ETH which would be tough on small collectors.
Nice work, some great insights here. Even though there are 65,536 Poets in existence, the actual number available in the market will be far lower due to single addresses holding multiple Poets, Pages never exchanged for Poets etc. This is the brilliance of the design of the game, the community is very much in control of the outcomes. My own view is that the OP and its 64 latents is going to be extremely valuable as you can then ‘write’ part of the game.