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🦉 Empty Nest Syndrome?
There's a lot of justified FOMO going on around the Moonbirds NFT and it's unique nesting feature that rewards you with additional benefits the longer you hold
Hey there, in this week’s Alts by Flippa newsletter I discuss:
Minting a Moonbird
Porting existing websites over to Handshake
Shopify acquiring apps good or bad?
Buying .gg domains
Remember, every heading in this newsletter is a channel in the Discord - come join over 900 of us.
Richard Patey, Director, Investor Community at Flippa
#nfts
There’s a decent chance, even if you had not read last week’s newsletter on buying NFTs for their utility, that you have now heard of Moonbirds.
It blew up Twitter (and not just crypto Twitter).
Founded by Kevin Rose (who I’ve been following since his Diggnation days), it’s the first NFT project by an entrepreneurial product team that have already had huge success in web2 business and investing.
I had a 1/4 chance to win the raffle to mint a Moonbird for 2.5ETH:
And I was one of the fortunate ones:
Within hours the floor got to 10ETH and Kevin published a short video of gratitud where he states:
We see this as day 1, the very beginning of what’s going to be a multi decade journey to build a new media company
Super interesting to me how he is describing this as a media company.
And as of this morning, the floor is now over 20ETH:
And celebrities have started buying them:
I mentioned in last week’s email, I now only buy NFTs for utility (ok Kureiji would have been a flip if it had gone the right way but no more!).
As such, as much as I love Gary Vee, the utility of Veefriends Season 2 isn’t enough for me:
Gary said himself in the VaynerSports Pass (which I bought in last week’s email) Discord that utility will be limited:
I also finally bought the The Nifty Portal NFT for community access, but mainly as find the content that Nick, Pio & Kix put out hilarious.
One NFT software tool I discovered there is NFT Nerds which has a NFT membership limited to 96 passes currently trading at over 4 ETH. As you may know, I love this model for #microsaas businesses and with over 400 ETH total trading volume to date with 5 or so trades a week and assuming something like a 7% royalty, this is likely a lucrative business.
And news just in, Coinbase has just launched their NFT marketplace in beta:
#websites
Michael Michelini from Sky Include dropped a great website post/video on how he’s creating Handshake websites in 2022 using Cloudways. To connect the hosting to a HNS domain you can use hshub for DNS (similar to Cloudflare). Mike also has a great service where he will port over your existing website into Handshake.
#domains
I bought a couple of .gg domains as I explain in this tweet:
Swetha Yenugula is the master in .xyz sales which has become the most popular TLD for crypto companies.
#ecommerce
And finally, we’ve been discussing the pros and cons of Shopify buying apps from their store and making them free to users:
Ok that’s it for this week. If you’re reading this on the web and you’re not yet subscribed just hit the button below.
And come join the discord where we discuss:
Alts by Flippa is owned by Flippa. Nothing in this email is financial advice and we are not professional investment advisers. We send weekly updates on what we're doing personally - consider it informational and for entertainment purposes only.
Congrats on winning a Moonbird! I see one just sold for $1MM!
Good point about the .gg names. These might be flying under the radar a bit with everything else going on.