The Cooks Newsletter #1

Welcome to The Cooks first edition by Ola & Nics!

This edition will be divided into 4 parts:

1. Trend analysis

2. Upcoming projects

3. Secondary plays

4. Palio in the Kitchen + Giveaway link

Gaming trend:

It's now been 2 weeks since this trend calmed down a bit and most of the secondary projects are no longer making ATH.

A few reasons:

- Ethereum up → NFT down (last week)

- More and more projects on the secondary market

- Some disappointing mints (PvP Gaming Hub, for example)

- More and more liquidity spread over several projects (AoD sold out at 0.59e with 5000 supply is an example).

- $GRAPE is not performing as well as expected, making investors more skeptical about projects where aidrop is on the way, such as AOF, Blockgames.

After phase 1 of the gaming hype that characterized upcoming NFT projects mint + teasing airdrop tokens (past 3 months)

We're gradually entering phase 2:

time to deliver a high-quality games

Pixelmon, Treeverse, Skyborne, Spellborne, Seedworld for example are in this phase.

And the more projects we have in this phase, the more investors will lose interest in those that are only just launching phase 1.

(They're late, except for the projects with proven track-record or very well backed)

The next good bets will be those who launch games that appeal to and attract players → and therefore have a token that makes sense.

Upcoming mints not to be missed:

• XTREMEVERSE

➯ 6M+ VC funding

➯ Game live - 100s of thousands of downloads, 75K MAU, 1M+ on-chain data

➯ 25+ AAA mobile gaming veterans from Tencent, Epic Games, Ubisoft

➯ Mint Price & Supply TBA 

• KAKARBOOM

➯ Gen-1 FREE to 2.9eth 

➯ Gen-2 PFP collection. Fair Mint Price

➯ VC backed. Partnership includes top companies like Activision Blizzard, EPIC (Unreal Engine), Sony Naughty Dog, Microsoft, 2K Games, EA, NetEase, Tencent, and many more.

➯ Game testing coming soon. Token airdrops & more. This will be a cook.

• MOFUMOFU

➯ A collaboration between Toho Co., Ltd., and Universal Music Artists LLC, MMMC is a cutting-edge anime IP project that integrates NFT collections, music, and potential anime content.

➯ Low Supply free mint.  

➯ Rumored to be backed by VCs. 

➯ Cooked by @conduct03. Their recent cook is @sparksordinals. 

➯ This is still very early. Keep an eye out

Position yourself cooker.

Secondary plays:

Welcome to this section where Nics talks about projects he bought on the secondary market, you'll never see a sponsorship or anything else here.

(There is no financial advice)

MOVING BLOCKS BY DEBLOCK (mid/long term)

To be quite honest for me at 0.08 it's an instant buy. I'm a holder of 2 NFT from the genesis collection and 4 from this one.

Let me explain my theory:

First of all, you have to understand that Deblock was created by 4 former directors of Revolut and Ledger, and has raised over $20 million.

The goal of the project? To create the new Revolut bank crypto-friendly connected with a decentralized wallet.

In fact, imagine an application where you have a real bank account connected to your metamask.

They don't own any of your crypto funds compared to CEXs, and it lets you bridge Crypto -/- FIAT currency ($,€) with lower % transaction fees than any other exchange in the world.


They are the FIRST to obtain a license from the Banque de France and a license from the French crypto regulator, this is so POWERFUL to have both.

So they're ready to launch in France Q1 2024 (currently in private beta). Then UK soon after.

What's the utility of the NFT, currently worth 0.08?

It gives you the best LIFETIME subscription, just wait, you'll understand:

Deblock offers 3 subscriptions:

- Free (large transaction fees)

- Premium $200/year (small transaction fees)

- Native, only with 1 NFT (0% fees almost everywhere)

So we currently have the NFT, which is worth the same price (210$) as the premium subscription (200$)??

I'm buying these NFTs because there's going to be a trade-off, the native plan (holding 1 nft) should be priced at least x3 compared with the premium plan.


Especially as the supply of NFTs will not be increased and is limited because they lose money on it.

In the worst case, at the launch, I wouldn't be surprised if the team swept the floor → because if NFTs aren't at least $500, their business plan isn't viable.


PS: This is not a short-term flip but more mid/long term (3- 6 months)

———————————————-

Some other projects I’ve bought recently:

• InfiniGods

• Shrapnel

• Pixelmon
  
  
  NFA/DYOR please DM me here if you want to ask me more questions.
  

Palio in the Kitchen:

Could be the AI x Web3 project of the year, another cook by Xterio Games, who launched recently Overworld (2eth) and Age of Dino (1eth).

It seems that Palio has closer ties with binance than with other xterio games, thanks to AI integration, which was one of the reasons given for the latest round of funding.


They're on a mission to create an "emotion engine" that will breathe life into non-playable characters (NPCs), making your interactive adventures feel more human and inviting.

Lamboland explained here why this could be a big thing.

NFT Collection:
- 3333 Supply
- Paid Mint
- ETH


🎁 We made a partnership with them to offer you 1 WL guaranteed, you just have to put your mails on which you subscribed to this newsletter and follow their X account (no RT or other requirements)


→ Click HERE to enter the giveaway (24 hours)

We hope you enjoyed it.

Please leave us any questions or thoughts here - We will respond to everyone!

And if you thought this was interesting, please consider subscribing to this Substack and following us on Twitter Ola & Nics for more contents on NFTs and Web3.

Disclaimer: The content covered in this newsletter is not to be considered investment or financial advice. It is for informational and educational purposes only.