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City Oasys: An Oogy NFT Deep Dive

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3 years ago

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Welcome to the City Oasys, an @oogyNFT deep dive. Here is what you need to know going into reveal tomorrow 🧵👇 1/10
If you enjoy this thread, follow @NFTomics {token} for venture capital, crypto, and macro deep dives.
{what is oogy} Oogy is a 10,000 PFP collection out of the @solana ecosystem that has a chance at taking the #1 spot. ‘community driven art collection’, with a central character "oogy", meaning that the team hopes to spark innovative sub-communities under it's IP. 🔽
{the team} 3 co-founders doxxed + 19 members @Jussterino; product design engineer @Andy_Oogy; tech lead @bcamp_nft; tokenomics, finance Learn more about them via a chat with @marccolcer, here: youtube.com/watch?v=CWSVd1UTZeI 🔽
{the art} The team knew their art had to be 10/10 b/c PFPs are the most effective marketing drivers in Web3 & each person only has one spot for a PFP {scarcity}. "the importance of winning the digital identity race" So, they studied everyone BAYC, DeGods, Azuki & nailed it
{utility} The crowd normally associate utility w/ tech applications/revenue sharing. When projects aren't building tech, they are often viewed as "just another art project." The true definition of utility is when the net value of holding a NFT > the net value of selling a NFT.
{utility II} Art - springboard for brand and IP opportunities. Spice - stake to earn spice. The accumulation of spice will serve as a utility in the oogy world. Software Products - social connection software products. Team - global team of founders, engineers & devs.
{the buildup} They’ve recruited 50 of the best artists to create their own 1/1s. The pieces were auctioned off (via @A2KDeFi's @exchgART) utilizing the promotion & brand of various artists like @SCUMSOL @pencilxart @degenpoet & more to build hype. exchange.art/oogy/nfts
{buildup II} Furthermore, the team aligned themselves with top-tier builders like the @n00unsdao who @justin_oogy has been a part of. As well as the @DeGodsNFT / @y00tsNFT who have clearly driven value/purchasing power for them. @frankdegods plug 🔽 (twitter.com/oogyNFT/status/1640417847318052864?s=20}
{buildup III} They show up IRL, and spread the word, everything from giving out ooze tickets to @SolJakey & others at events. To their community manager (@Crypto_Slice) going viral at a male only DeGods Paris NFT party, {kinda joking about the party}. twitter.com/Crypto_Slice/status/1634207430694383616?s=20
{mint} Oogy killed it on pre-sales, with ~5700 presales across 200 DAOs (the likes of @n00unsdao) with 36% unique holders (data from Oogy). So on mint day 3/16 the remaining allocation couldn't have gone quicker. twitter.com/oogyNFT/status/1635299124936572929?s=20
{real traction} Post-mint the team spent 24/7 dev-ing a unique game-theory driven approach to minting, which includes "oozy" a substance that allows "re-rolls" of NFTs at mint. Additionally, there is strong engagement post-mint/an active following. twitter.com/glennhodlNFT/status/1635330217886781442?s=20
{next steps} the ultimate oogy reveal guide: your guide to a seamless intergalactic reveal. twitter.com/oogyNFT/status/1641132744339230720?s=20
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Michael Pinto

@TokenVC_

investor @_Frictionless_ / prev @invescous vc ($4.5b FoF), tech @Oppenheimer.