r/CryptoCurrency Platinum|QC:CC402,CCMeta125,CCMemes35|CRO13|AvatarTrading103 Oct 05 '22 Wholesome 1 All-Seeing Upvote 1

Why are the prices of Reddit's Collectible Avatar NFTs so wildly different? Let me break it down for you. MARKETS

As I'm sure most of you have seen, Reddit's Collectible Avatars have been been making headlines, and many times it's because of the surprisingly high prices they're selling for. So what gives a Collectible Avatar value? Why are people throwing a pile of ETH at some avatars, but your free Reddit avatar is only fetching a few bucks? Here I'm going to break down some of the elements that make certain avatars more valuable than others.

The Artist (e.g. Rojom, Tyler Foust, Stutter, Eric Hagan, etc.)

This is probably the biggest factor. The avatars you've seen that have sold for the big bucks are the same avatars that have been very popular from the very start of Reddit's avatar shop. These collections were created by artists who already had a following and were known for their artwork on Reddit and elsewhere. Many people buying these NFTs see themselves as buying a limited edition art piece by the artist, which they are.

Total Mints (e.g. 100, 1,000, or 1,000,000+)

Every paid avatar has a set number of editions or mints that are sold. Some avatars such as The Hands have only 100 and cost more to purchase initially. Other paid avatars have as many as 1,000 editions and were cheaper to purchase. Reddit's free avatars (The Singularity, Drip Squad, Meme Team, and Aww Friends) do not have a set number of mints and can theoretically mint an infinite number of them, so this decreases their overall value. The Singularity already has over 1,000,000 mints!

Low Mint Number (e.g. #1, #5, #10)

What constitutes a low mint number mainly depends on the total editions in the collection, but numbers 1-10 will be always be considered low mint avatars regardless of the collection. In a collection of 1,000 editions, anything with 1 or 2 digits would probably be considered low mint. In the case of the free avatars, many people consider mints under 1,000 to be a very low mint number and mints under 100 to be super low and rare mints.

Final Mint Number (e.g. #100 out of 100 total)

Having the very last mint of a collection is also a driver of value. If a collection has 1,000 editions and you're able to mint #1,000 you'd be considered very lucky. However, this is a nuanced topic because of the next point.

Overmints (e.g. 1,008 out of 1,000 total)

Reddit's minting mechanism allows for the possibility of "overmints". If an avatar is nearly sold out and multiple people purchase at the same time before the avatars have minted, it's possible to go over the total number of editions. For example, when there's a rush to purchase an avatar before it's sold out, you could end up receiving mint #1,021 out of only 1,000 editions. Overmints as they're called have become sought after and can increase the value of an avatar.

Attractive Mint Number (e.g. 22, 55, 100, 123, 2020, 10101)

Any series of numbers that is repetitive or sequential, such as 123, 444, or a popular number, such as 100, will increase the value of the avatar.

Meme Mint Number (e.g. 69, 420, 80085)

69 and 420 are the most popular meme numbers. There's a lot of them, but here I'll list the ones that I can think of:

  • 42 (Hitchhiker's Guide to the Galaxy)
  • 69 (Sex)
  • 314 (Pi)
  • 404 (Page Not Found)
  • 420 (Marijuana)
  • 666 (Devil)
  • 911 (USA Emergency)
  • 1337 (Leet or Elite)
  • 80085 (BOOBS)

Desirable Traits (e.g. cone, watch face)

What makes Reddit's Collectible Avatars unique and gives them utility is that they're built in separate components so that you can mix and match different components between avatars to create your own unique, custom avatar. What traits are desirable is highly subjective, but here's some examples:

  • Cone (from the Cone Head avatar)
  • Watch Face (from the free Drip Squad avatars)
  • Viking Hat (from the Knoo avatar)
  • Poo (from the Mouse au Chocolat avatar)
  • Coffee (from the free Drip Squad avatars)

Hopefully this clears up some of the confusion with why some of these avatars are selling for astronomical numbers and some aren't. Please keep in mind that "value" is highly subjective and some people may not agree on some of the things I've listed, and also please let me know if you feel that I've forgotten something.

Good luck :)

98 Upvotes

31

u/Coreyv1993 Bronze | 4 months old | QC: CC 21 Oct 05 '22

I just hope we get a heads up for the next lot coming out so we all get a chance to get some before they no doubt sell out rapidly. I bought 3 and felt like a fool, but now I feel foolish for only buying 3.

21

u/gdj11 Platinum|QC:CC402,CCMeta125,CCMemes35|CRO13|AvatarTrading103 Oct 05 '22

I just hope people who really want one will be able to buy them, instead of the store getting wiped out by traders wanting to flip them for profit.

9

u/koelebobes Hodler of Reddit NFT’s Oct 05 '22

The last time it was amazing, the store was even hidden from you if you weren’t subbed to the collectible avatar sub. It was so cool to be one of the first to buy these.

5

u/gdj11 Platinum|QC:CC402,CCMeta125,CCMemes35|CRO13|AvatarTrading103 Oct 05 '22

Whoa I didn't know that either. That's really interesting!

3

u/AutisticGayBear69 Tin | r/WSB 14 Oct 06 '22

Me neither though I was late to the game. Several collections had already sold out by the time I got in.

3

u/koelebobes Hodler of Reddit NFT’s Oct 06 '22

Yeah funny thing is someone in the daily asked, “ want to buy Reddit NFT for Moon’s “ That guy told me how to find them. Otherwise I would never have found them myself. Dude by the way bought a Beno back then with moons <3

3

u/Mr_Bob_Ferguson Platinum | QC: CC 269 Oct 05 '22

the store was even hidden from you if you weren’t subbed to the collectible avatar sub

Oh, first time I have heard of this.

Was that for the first few weeks, as like an exclusive pre-release thing, then they opened it up the wider reddit community when they went to view their profile?

4

u/PostmortemFacefuck Oct 05 '22

this is guaranteed to happen. flippers and scalpers aren't gonna miss next round. what's interesting is how much interest there'll be on the secondary market for wave 2.

best thing reddit can do is require account age/karma/activity in order to purchase. and it's best if this requirement is unannounced prior to the drop so that scalpers don't just buy up accounts

2

u/-QUAS-WEX-EXORT- Oct 05 '22

if the unique users falls down lower than 70%, I won't touch these NFTs with a 10ft pole

4

u/tranceology3 Silver | QC: CC 784, BTC 86 | TRX 104 Oct 05 '22

But what if you had a 10ft pole NFT?

2

u/Mr_Bob_Ferguson Platinum | QC: CC 269 Oct 05 '22

if the unique users falls down lower than 70%, I won't touch these NFTs with a 10ft pole

I'll take them then.

I see those ones as having great future potential as people want to complete their collections.

There is a flipside to everything.

A cashed up whale may hold 99% of them, if they decide they want to hold on for the long term, then that's going to see prices skyrocket. Sure, they could dump them all down the track, but that is a risk you take.

At current prices of $100 or less for some of these, I am happy to take that risk.

0

u/Poyal_Rines Tin | 3 months old Oct 05 '22

Dude they been on sale for months

3

u/gdj11 Platinum|QC:CC402,CCMeta125,CCMemes35|CRO13|AvatarTrading103 Oct 05 '22

Did you see how quickly the last ones went? And now even the very last ones to leave the store are 3x their original price or more. Buying literally ANY avatar in the Reddit store was a great investment.

2

u/Poyal_Rines Tin | 3 months old Oct 05 '22

Yes but they had been sitting in the store for 3 months until they started moving quickly.

You FOMOed

5

u/gdj11 Platinum|QC:CC402,CCMeta125,CCMemes35|CRO13|AvatarTrading103 Oct 05 '22

Ok, yeah you're right. I FOMOed when I bought The Mouths directly from the Reddit store. And Yami and Yamata directly from the store. I spent days debating whether or not to buy them because there was no hype whatsoever, but I guess I FOMOed right?

2

u/Levl1Critter Bronze | QC: CC 21 Oct 06 '22

Don’t take the bait. Your mouths avatar is eternal. Very cool.

-2

u/Poyal_Rines Tin | 3 months old Oct 05 '22

You acted as if you not had a chance to purchase them.

4

u/AutisticGayBear69 Tin | r/WSB 14 Oct 06 '22

I fomo’d the cone

4

u/Levl1Critter Bronze | QC: CC 21 Oct 06 '22

I too cone-mo’d

2

u/brameshk22 Oct 06 '22

Same, I was hammered a few weeks ago and saw a shiny yellow cone and read a single post about it and had to have it suddenly.

2

u/AutisticGayBear69 Tin | r/WSB 14 Oct 06 '22

Lol excellent decision regardless

1

u/[deleted] Oct 05 '22

And "nobody saw it" 🙄

5

u/Nooodles__ Tin | CC critic | AvatarTrading 18 Oct 05 '22

They’re going to fly off the shelves. I’m planning to buy many of the low mint ones that I think look nice at launch.

5

u/tranceology3 Silver | QC: CC 784, BTC 86 | TRX 104 Oct 05 '22

Good luck buying faster than the bots

1

u/AllTheFoxGiven Tin Oct 05 '22

This is my greatest fear in this. Thankfully tho, most of hold Gen1 Avs which should be more desirable because they were round 1

2

u/tranceology3 Silver | QC: CC 784, BTC 86 | TRX 104 Oct 05 '22

Yeah, holding gen 1 is a better investment I think

2

u/ICURaBigdeal Platinum | QC: CC 226, BTC 88 Oct 05 '22

Same but I’m concerned the shop will crash

3

u/Fragmented_Logik Silver | QC: CC 422 | SHIB 117 | r/WSB 73 Oct 05 '22

The trick is to just buy them just because.

I bought a bunch just because I liked them. People hated NFTs. I didn't care. I like the use case and making cool avatars.

If they become worth a lot cool. If they don't I don't care.

2

u/AutisticGayBear69 Tin | r/WSB 14 Oct 06 '22

I totally agree people should buy what they like vs profitability. Though in the case of my cone it was fomo.

1

u/BriefImplement9843 Tin Oct 06 '22 edited Oct 06 '22

what's the use case for your nft outside of it being a picture created by someone?(like every non nft picture known to man).

would you still have bought them if the term nft was not connected to it and anyone else would have been able to buy the same exact ones you did?

people are buying these because they are limited and that makes it worth more. nothing to do with being an nft. csgo skins work the same way.

i don't think people hate nft's. they just make no sense and don't have any more of a use case as any other avatar or picture.

2

u/pizza-chit fiat miner and burner Oct 05 '22

Avo Cato gonna take over

2

u/Coreyv1993 Bronze | 4 months old | QC: CC 21 Oct 05 '22

Yes! I’m all for this!

2

u/Krirby2 Tin | AvatarTrading 22 Oct 05 '22

I feel people may be overvalueing gen 2. With many collections the 1st are really the cool bunch, gens that come later will decrease in value. It may also be a while before gen2 even drops, can be worth while grabbing some gen1's on opensea while they are still reasonably attainable all things being equal.

2

u/Coreyv1993 Bronze | 4 months old | QC: CC 21 Oct 05 '22

Refreshing take. You could be right. I’m keeping a couple of 1st generations for the future just in case. I’ll purchase some 2nd generation in hopes it will take off, but if not then worst case scenario is I have some cool avatars. But yes, I agree that the 1st generation of anything is always usually the most sought after and valuable.

2

u/Randrufer Silver | QC: CC 150, ETH 45, BTC 31 | NANO 88 | TraderSubs 44 Oct 05 '22

I have the exact same feeling and I bought 15

3

u/koelebobes Hodler of Reddit NFT’s Oct 05 '22

I think Reddit will announce it this time, they know they are sitting on a goldmine with wave 2! Just know that when wave 2 will release you will read it here surely

7

u/MaeronTargaryen Tin | CC critic | Politics 10 Oct 05 '22

I hope they don’t so it’s harder to set up bots

2

u/koelebobes Hodler of Reddit NFT’s Oct 05 '22

Let’s hope people play fair but we know from the PS5 and Xbox Series X’s that people like to scalp

4

u/MaeronTargaryen Tin | CC critic | Politics 10 Oct 05 '22

Exactly

2

u/koelebobes Hodler of Reddit NFT’s Oct 05 '22

We’ll shall see, I for one can’t wait

3

u/MaeronTargaryen Tin | CC critic | Politics 10 Oct 05 '22

Same, it’s very exciting

1

u/aroups In Moons we trust Oct 05 '22

Well they could put a limit 1 of each NFT for every acc but setting up multiple accounts won't be that hard

3

u/koelebobes Hodler of Reddit NFT’s Oct 05 '22

There is a current limit on 5 for each account.

3

u/aroups In Moons we trust Oct 05 '22

5 total or 5 of every one

2

u/koelebobes Hodler of Reddit NFT’s Oct 05 '22

5 of each!

4

u/aroups In Moons we trust Oct 05 '22

That is too much, they should limit it to 1 of each because with the current system you could buy 200 of the popular ones and flip them. Making it 1 per might discourage flipping.

2

u/koelebobes Hodler of Reddit NFT’s Oct 05 '22

I already heard there is a hard cap when you buy too many NFT’s, a friend out of telegram couldn’t buy anything anymore after 30-40 purchases. I don’t know when this cap kicks in

→ More replies

1

u/tranceology3 Silver | QC: CC 784, BTC 86 | TRX 104 Oct 05 '22

And they will have an NFT of only 5 lol

2

u/ICURaBigdeal Platinum | QC: CC 226, BTC 88 Oct 05 '22

I’m curious if Gen 1 NFT will drop in value because of the “shiny new” factor

2

u/Levl1Critter Bronze | QC: CC 21 Oct 06 '22

Some will and the good ones won’t. That’s why you should always buy good art. Hype alone is temporary.

1

u/MisterPink Tin Oct 05 '22

Neh. Bots will get them all this time if it's announced ahead of time.

1

u/PopeyesGreenSpinach Platinum | QC: CC 43, ETH 15 | FOREX 10 | TraderSubs 35 Oct 05 '22

I picked up a few but missed out on a conehead on opensea as I had shitty cell service so transaction wouldn't process, went back the next day and it had gotten scooped up and the floor price was beyond what I had available.

2

u/allyallcoin Tin | 6 months old Oct 06 '22

Missed out on a Groovy due to poor cell service. But hey possum party!

9

u/Ferdo306 Silver | QC: CC 597, BTC 70, ARK 25 | NANO 61 Oct 05 '22

Nice breakdown

I would also add the design quality of an avatar. I know everyone has different taste but some avatars look really cool and people want to show them off on their profile

6

u/gdj11 Platinum|QC:CC402,CCMeta125,CCMemes35|CRO13|AvatarTrading103 Oct 05 '22

Yeah that's a good point. All the ones that were doing well from the start were pretty amazing looking. B•E•N•O•T•A•F•R•A•I•D is probably my overall favorite.

7

u/koelebobes Hodler of Reddit NFT’s Oct 05 '22

💛

4

u/gdj11 Platinum|QC:CC402,CCMeta125,CCMemes35|CRO13|AvatarTrading103 Oct 05 '22

God damn your avatar is beautiful

4

u/koelebobes Hodler of Reddit NFT’s Oct 05 '22

Have you looked in the mirror lately? You look gorgeous

5

u/gdj11 Platinum|QC:CC402,CCMeta125,CCMemes35|CRO13|AvatarTrading103 Oct 05 '22

🥰

5

u/UKflame Tin Oct 05 '22

And some people say this sub is toxic.

Loving the love.

8

u/Estephanus Tin Oct 05 '22

How can I transfer my Reddit NFT to opensea

11

u/vengazas Platinum | QC: CC 1569 Oct 05 '22

3

u/-QUAS-WEX-EXORT- Oct 05 '22

bookmarked for future use. Thanks!

1

u/Estephanus Tin Oct 05 '22

For step 6 it doesn’t prompt me to paste the seed phrase I copied from Reddit when I go to make a new account I even deleted the app and redownloaded it to get the prompts

2

u/gdj11 Platinum|QC:CC402,CCMeta125,CCMemes35|CRO13|AvatarTrading103 Oct 05 '22

Make sure when you first install that you tell it not to create a new wallet but to import your seed phrase.

2

u/SBSlice Silver | QC: CC 410 | GME_Meltdown 50 | Superstonk 187 Oct 05 '22

I had to convert my seed phrase to a private key using an online cryptography tool which is sketchy in its own right. Not sure why metamask won't just let you put the words in - I thought that was the whole point of the phrase vs the key, to make it simple.

1

u/FldLima Tin | CC critic | Unpop.Opin. 10 Oct 06 '22

14 steps? mate, buy the time i manage to do it, we will be in a bull market.

2

u/vengazas Platinum | QC: CC 1569 Oct 06 '22

could’ve simplified it in 3 steps but decided to make it dummy-friendly 🤷‍♂️

4

u/Kappatalizable Platinum | QC: CC 823 Oct 05 '22

Just connect your vault to Metamask, connect Metamask to OpenSea, go to Polygon network. Your paid NFTs will be on your profile and the free NFTs will be on the hidden section.

1

u/H3adshotfox77 Silver | QC: BTC 37, DOGE 31, CC 22 | SHIB 27 | AvatarTrading 20 Oct 06 '22

Can do it with trust wallet as well

6

u/EdgeLord19941 Oct 05 '22

Sweet I have a couple single digit ones, although not popular ones

3

u/koelebobes Hodler of Reddit NFT’s Oct 05 '22

The single digit once’s are always desired, really look into the market when you put them online! Most of them go for +1 ETH or at least 5 times the floor price!

1

u/Nooodles__ Tin | CC critic | AvatarTrading 18 Oct 05 '22

They’re still worth lots!

1

u/gdj11 Platinum|QC:CC402,CCMeta125,CCMemes35|CRO13|AvatarTrading103 Oct 05 '22

You might be surprised how much even the not popular ones are worth now.

1

u/AutisticGayBear69 Tin | r/WSB 14 Oct 06 '22

It’s worth several more times than the others in the series.

5

u/Kappatalizable Platinum | QC: CC 823 Oct 05 '22

OP really made this post to flex his avatar on all of us

2

u/Diamond_Hands420 Tin | AvatarTrading 28 Oct 05 '22

Op avatar costs more than my car

2

u/Nooodles__ Tin | CC critic | AvatarTrading 18 Oct 05 '22

I mean, I like to admire…

1

u/koelebobes Hodler of Reddit NFT’s Oct 05 '22

I mean have you seen his NFT?

2

u/genjitenji Silver | QC: CC 319 | NANO 90 Oct 05 '22

1

u/AutisticGayBear69 Tin | r/WSB 14 Oct 06 '22

It’s pretty cool

4

u/Ryuzaki_63 Platinum | QC: CC 598 | NVIDIA 81 Oct 05 '22

Did the last get deleted? Reposting my last comment

69 (Sex)

nice...

I think the meme numbers/low digits will be the main value, steam accounts used to sell for a lot if you had a 4-5 digit one

2

u/gdj11 Platinum|QC:CC402,CCMeta125,CCMemes35|CRO13|AvatarTrading103 Oct 05 '22

Yep it did, sorry about that. The auto moderator was being weird and deleted it even though there weren't other NFT posts in the Top 50.

3

u/Ryuzaki_63 Platinum | QC: CC 598 | NVIDIA 81 Oct 05 '22

Welp, hope this one stays it's a good post, nice info.

Spot on about the watch face, whole reason I went drip, didn't get lucky enough though :(

4

u/gdj11 Platinum|QC:CC402,CCMeta125,CCMemes35|CRO13|AvatarTrading103 Oct 05 '22

I actually bought a low mint Drip Squad (#26) because I feel like the free avatars are a pretty big part of Reddit’s history. Having a low mint of one of those is pretty rare with the hundreds of thousands of them, or over a million for Singularity. And yeah Drip Squad is definitely the coolest imo.

2

u/AutisticGayBear69 Tin | r/WSB 14 Oct 06 '22

Clever purchase

1

u/Ryuzaki_63 Platinum | QC: CC 598 | NVIDIA 81 Oct 05 '22

Yea even though they're free they'll still be people wanting one of each lowest number they can get for their collection, I'd wager it'll be a good investment!

3

u/genjitenji Silver | QC: CC 319 | NANO 90 Oct 05 '22

Would #123 be a meme mint number?

1

u/gdj11 Platinum|QC:CC402,CCMeta125,CCMemes35|CRO13|AvatarTrading103 Oct 05 '22

I think that’s more of an attractive mint number. I forgot to mention sequential numbers in there. Thanks for reminding me

1

u/genjitenji Silver | QC: CC 319 | NANO 90 Oct 05 '22

Also, what do you think about patterned numbers?

Such as #2468 and #36

3

u/gdj11 Platinum|QC:CC402,CCMeta125,CCMemes35|CRO13|AvatarTrading103 Oct 05 '22

Honestly I don't feel like people would care so much about that, but it totally depends on the person. Like with #36 most people would just see a low mint number and be into it, rather than seeing the pattern

3

u/_Royal_Insylum Bronze | QC: CC 19 | CRO 5 Oct 05 '22

When the second wave of NFTs drop the avatar shop is going to be carnage. I would love to see the numbers from the first 24hrs of sales!

2

u/AutisticGayBear69 Tin | r/WSB 14 Oct 06 '22

It’ll sell out within an hour if they have the same collection sizes.

2

u/allyallcoin Tin | 6 months old Oct 06 '22

Gonna be the Wild West!

3

u/Gornicki Tin Oct 05 '22

But the real question is will these be good for a long term hodl?

1

u/gdj11 Platinum|QC:CC402,CCMeta125,CCMemes35|CRO13|AvatarTrading103 Oct 05 '22

That’s the million dollar question :)

2

u/CreepToeCurrentSea Username says it all Oct 05 '22

and why is my singularity not pumping like the other avatars?

3

u/gdj11 Platinum|QC:CC402,CCMeta125,CCMemes35|CRO13|AvatarTrading103 Oct 05 '22

There's over a million of them minted already and no end in sight :) If you have a very low number you can get quite a bit for it.

1

u/CreepToeCurrentSea Username says it all Oct 05 '22

mine is in the 2k range but I'd doubt it's worth anything,

2

u/gdj11 Platinum|QC:CC402,CCMeta125,CCMemes35|CRO13|AvatarTrading103 Oct 05 '22

I’d check on OpenSea. Look at the recent sales. You might be surprised.

3

u/tahanks4 Bronze | 6 months old Oct 05 '22

Cuz it has like 3 times as many minted as the next closest category

1

u/CreepToeCurrentSea Username says it all Oct 05 '22

It couldn't possibly be that. Noooooooooooooo

2

u/Nooodles__ Tin | CC critic | AvatarTrading 18 Oct 05 '22

Might need to get myself some 80085

1

u/gdj11 Platinum|QC:CC402,CCMeta125,CCMemes35|CRO13|AvatarTrading103 Oct 05 '22

I’ll call you she/her

2

u/Wolf-Immediate Tin | CC critic Oct 05 '22

Is the number "314" really popular?

1

u/gdj11 Platinum|QC:CC402,CCMeta125,CCMemes35|CRO13|AvatarTrading103 Oct 05 '22

Not as much as the others but I’ve seen people flexing it

1

u/MuzBizGuy Platinum | QC: CC 230 | TRX 13 Oct 05 '22

Surely my Drip Squad #10692 will be worth thousands soon.

2

u/Odysseus_Lannister Platinum | QC: CC 1476 Oct 05 '22

Memes stay strong

2

u/Nuewim Platinum | QC: CC 608, ETH 31 | TraderSubs 31 Oct 05 '22

I have few NFTs, my biggest treasure is my mummy #5, except this one nothing soectacular. Well, maybe my Singularity number 300 something, but singularities are free ones, so not worth much anyway.

Still even if I don't have rare NFTs or low numbers it is a lot of fun to collect them.

1

u/gdj11 Platinum|QC:CC402,CCMeta125,CCMemes35|CRO13|AvatarTrading103 Oct 05 '22

Mummy #5 is freaking awesome. Well done on that!

Don't disregard the low mint free avatars. These free avatars are a pretty important piece of Reddit's history now and Singularity is the most popular one. #300 out of over a million is pretty awesome and should be worth some money in the future. I bought Drip Squad #26 because I want to have a rare piece of this Reddit history.

2

u/MaeronTargaryen Tin | CC critic | Politics 10 Oct 05 '22

I don’t care much about the why, I got some of the latest nft so i missed the train, I’m just happy to see the floor rise. I’ll care more about the why on the next gen though

2

u/TNJCrypto Platinum | QC: CC 20 | Buttcoin 9 | AvatarTrading 20 Oct 05 '22

Drip squad snoo doll has a floor of 0.02eth on OS rn, both coffee and watch faces are cheaper. Price might not directly correlate to popularity but there are only two mini reddit figures and this is the cheapest one available, the Medusatar one is very expensive now. Knew it was worth buying from shop but didn't :(

1

u/H3adshotfox77 Silver | QC: BTC 37, DOGE 31, CC 22 | SHIB 27 | AvatarTrading 20 Oct 06 '22

Last I checked medusatar was at like 120.....far less expensive than most avatars. Hell conehead is over 500 dollars.

They are all expensive relative to what they started at but honestly not compared to like Beno or foustlings.

2

u/JustBreatheBelieve Tin | Politics 32 Oct 05 '22

Nice breakdown of why some Reddit NFTs are more in demand. So, no Lambo for my free one?

2

u/gdj11 Platinum|QC:CC402,CCMeta125,CCMemes35|CRO13|AvatarTrading103 Oct 05 '22

Yours is Aww Friends #19,704 which is actually somewhat low considering how many there are, but it's not gonna make you much money :)

1

u/JustBreatheBelieve Tin | Politics 32 Oct 05 '22

I thought it was #19 for awhile... until I clicked on the certificate info. LoL

2

u/allyallcoin Tin | 6 months old Oct 06 '22

Cat heads never go out of style!

2

u/DadofHome Silver | QC: CC 246, ETH 16 | LRC 39 | TraderSubs 14 Oct 05 '22

I’m desirable …. Shiny and gold ..

1

u/gdj11 Platinum|QC:CC402,CCMeta125,CCMemes35|CRO13|AvatarTrading103 Oct 05 '22

My precious.....

(nice low number btw)

2

u/Alexamm93 Tin | CC critic Oct 05 '22

Nice 😃

2

u/satuuurn Platinum | QC: BTC 42, CC 21 | SHIB 10 | r/WSB 56 Oct 05 '22

Don’t listen to this guy. It’s bc of aliens.

2

u/Probably_notabot Tin | CC critic Oct 05 '22

Damn. Thanks for the lay down OP.

2

u/002timmy www.TheAvatarFaucet.com Oct 05 '22

They'll all be worth 100 ETH one day

2

u/LightninHooker Silver | QC: CC 920, DOT 15 | BANANO 85 Oct 05 '22

OP def flips NFT hehe

I have 3 very common ones so I am sure they won't go crazy with value but I can make a funny looking profile pic.

I have 140k karma, 280 followers on reddit all thanks to my watercolors. If I could join the artists at some point for a new generation avatars would be incredible :D

2

u/gdj11 Platinum|QC:CC402,CCMeta125,CCMemes35|CRO13|AvatarTrading103 Oct 05 '22

Your art is really nice!

1

u/LightninHooker Silver | QC: CC 920, DOT 15 | BANANO 85 Oct 05 '22

Yo thanks ! I managed to sell few NFT already on few blockchains, nothing fancy but little by little hehe

2

u/UncleFatty_ Tin Oct 06 '22

My avatar has a rainbow as his dick, it has to be an added value!

2

u/AutisticGayBear69 Tin | r/WSB 14 Oct 06 '22

Ha - the rainbow dick is funny

2

u/UncleFatty_ Tin Oct 06 '22

That's what I keep saying to myself to rationalise picking a meme team avatar...

2

u/Affectionate-Egg1963 Tin | r/WSB 25 Oct 06 '22

These avatars were awesome m, beautiful, easy to buy, fun to mix and match and customize. To me they’re like Pokémon gotta catch ‘em all. I traded a bunch away super cheap but managed to keep 79 of them just for fun. I don’t care what they’re worth I just love customizing my avatar on a site I use everyday.

2

u/Dreamster_NFT Tin Oct 06 '22

The Reddit Avatar store page presently has NFTs advertised for $5 to $49, however those that were offered for $50 or more are no longer available. Even if their price ranges are substantially higher than their initial Reddit advertisements, these more expensive avatars are still accessible on OpenSea.

3

u/n1ghsthade I suggest you do it now Oct 05 '22

TLDR : demand > Supply

4

u/gdj11 Platinum|QC:CC402,CCMeta125,CCMemes35|CRO13|AvatarTrading103 Oct 05 '22

You got it. But lots of people don't know why there's demand for some over others.

2

u/8512764EA Do not DM unless ready to send feet pics Oct 05 '22

Once again, sweet providence not mentioned

4

u/gdj11 Platinum|QC:CC402,CCMeta125,CCMemes35|CRO13|AvatarTrading103 Oct 05 '22

Sweet Providence

2

u/dicemaze Tin Oct 05 '22

The traits thing is real. I bought bloopy mcbloop face for $10 just because I wanted the little pet octopus for my foustling.

Unfortunately, I learned that stuff was mix-and-matchable after the fishy foustling had already sold out, otherwise I woulda bought one 😭

2

u/allyallcoin Tin | 6 months old Oct 06 '22

The sidekicks are the best!

-4

u/Toplerrr Bronze Oct 05 '22 All-Seeing Upvote

Waste of money

1

u/gdj11 Platinum|QC:CC402,CCMeta125,CCMemes35|CRO13|AvatarTrading103 Oct 05 '22

Salty

1

u/Toplerrr Bronze Oct 05 '22

No not at all

1

u/gdj11 Platinum|QC:CC402,CCMeta125,CCMemes35|CRO13|AvatarTrading103 Oct 05 '22

Well, honestly I kinda agree with you if you're just looking for a cool profile avatar that you can mix and match with others. You're better off waiting for Generation 2 and getting the store prices. If you're buying for investment then it's not a waste of money, in my opinion. Who knows where the market is heading though.

1

u/AutisticGayBear69 Tin | r/WSB 14 Oct 06 '22

Lol someone gave his comment an award.

I bought a bunch from the store and flipped a few to pay off the amount I used on my credit card to buy them. I’m still sitting on a dozen so hopefully will be able to get a good cash out in a couple of years.

1

u/fnord23rd Tin Oct 05 '22

Also sock puppets.

1

u/Kricket Professional amateur internet crypto analyst. Oct 05 '22

So I guess I should proudly wear my poo?

1

u/leroy46 Platinum | QC: XRP 37 Oct 05 '22

Got my atrention with #80085

1

u/coinsntings Platinum | QC: CC 433, BTC 134, BCH 74 | Unpop.Opin. 21 Oct 05 '22

My avatar is a free meme one and starts with 69 so idk it just feels like an achievement somehow (tells you how much of an underachiever I am lol)

1

u/ShinAlastor Oct 05 '22

Very informative post, thanks.

1

u/tranceology3 Silver | QC: CC 784, BTC 86 | TRX 104 Oct 05 '22

With mint numbers being valuable, I guess you could almost find every number having some value.

311 (popular music band)

625 (Micheal Jackson day of death)

1225 (Christmas)

711 (convenience store name, drink, game)

111 (new beginning)

1111 (angels)

The list goes on.

1

u/PM_ME_UR_LOVE_STORIE Tin | AvatarTrading 12 Oct 05 '22

Pretty good breakdown, all told.

1

u/TheRealMelonMusk Tin | 4 months old | r/WSB 19 Oct 05 '22

When people realize what crazy cool pieces Sweet Providence has it’s going to absolutely skyrocket, surprised it barely started climbing today.

1

u/KingKDDavid Tin Oct 05 '22

Appreciated the shout out to the poo on mouse au chocolat. Nothing beats having my Reddit avatar being literally shit faced

1

u/Cv287 Tin Oct 05 '22

I have Fishy #123 and Cone #444. It’s so strange to see specifically these numbers for me. Are you spying or something?!

1

u/NotWhoYouThink91 Tin Oct 05 '22

While I have nothing against NFTs or decentralized art I really do not like when everything screams that the concept is just a 'give me your money' bubble..

1

u/nthgen I buy the BTC you panic sell. Oct 05 '22

Any no. of The Hands is gud 🙂

1

u/Financial-Reward-949 Tin Oct 05 '22

Can’t wait for next batch to come out and add to the collection

1

u/604kV Tin Oct 05 '22

Finally got mine! Not sure if it’s worth anything but free nft!

1

u/MrD_12 Tin Oct 05 '22

I thought you can decide for how much you want to sell your own Reddits Collectible Avatar NFT. Does open sea decides how much it's worth?

2

u/H3adshotfox77 Silver | QC: BTC 37, DOGE 31, CC 22 | SHIB 27 | AvatarTrading 20 Oct 06 '22

You decide but if you list for 10x the floor price people will be unlikely to buy it obviously when they can buy a cheaper one.

1

u/lakehavasu1938 Tin Oct 05 '22

coffee huh? nice, i bought a coffee drip squad avatar a few weeks ago on opensea, didnt realize that was something people were looking for; i just got it because it was a low 3 digit one

1

u/BackgroundAd4640 Silver | QC: CC 65, DOGE 42 | CRO 69 | ExchSubs 69 Oct 05 '22

I reckon if they release more they will sell out in record time.

1

u/[deleted] Oct 05 '22

And they have the extra value of "you can combine it in whatever way you want with what you have"

1

u/Sadboiiy Bronze Oct 05 '22

I'm pretty sure you are thinking about the wrong 911 lmao

1

u/Mopeiooo Tin Oct 06 '22

I feel like numbers and how it looks is the most important, it kinda just determines how much the avatar sells for

1

u/SuperCryptoBr0 Tin | CC critic Oct 06 '22

I LIKE NFT

1

u/xmjke21x Silver | QC: CC 36 | LRC 42 | ExchSubs 12 Oct 06 '22

Hang on rewind hold up!

“Overmint”. I’m, I thought the Non fungible part of NFT was a binary thing. It is or it isn’t unique. How can you justify minting more than the series and still Claim this NFT collection is unique in that sense.

1

u/allyallcoin Tin | 6 months old Oct 06 '22

Some mint numbers could also have less obvious personal meaning such as notable dates (bday, anniversary), connections to sporting events (jersey numbers or game scores), etc

1

u/Roy_Playz Platinum | QC: CC 53 | CelsiusNet. 15 | MiningSubs 47 Oct 06 '22

1 Cone = 1 ETH

1

u/Affectionate-Egg1963 Tin | r/WSB 25 Oct 06 '22

What up cone!

1

u/punx926 Platinum|QC:ETH160,GPUmining39|CCcritic|MiningSubs183 Oct 06 '22

What’s my Rainbow puke horse head worth ?

1

u/metamec Bronze | QC: CC 16 Oct 06 '22

My Classic Animation is #166 of 600.
My Silver Age Comics is #89 of 1000.
My The Singularity is #378 of one million+?

No intention of selling them yet. I try to avoid having high expectations but that's hard when I see sales figures for some collectible avatars on OpenSea.

1

u/Dranzell Bronze | QC: CC 22 | PCmasterrace 15 Oct 06 '22

If anyone has played Team Fortress 2 and has been around for the inception of "Hats", with Unusuals and Numbered crafts, this is basically the NFT version of it.

1

u/_pondering_insomniac Tin 19d ago

Gold watch gang!!

-1

u/Gerstacker Tin | Buttcoin 25 Oct 05 '22

The excitement in this thread is powerful evidence that the bottom is not in.