Content pfp
Content
@
0 reply
1 recast
1 reaction

ilemi pfp
ilemi
@ilemi
Zora launched ERC1155 -> ERC20 mints yesterday, where certain NFTs can have a timed open mint and then trade on a Uniswap pool after. But is it working? I whipped up a quick dash to take a look at mint versus secondary behaviors 👀
2 replies
8 recasts
23 reactions

ilemi pfp
ilemi
@ilemi
The core thesis is that when memes "take off" there currently lacks liquidity/volume because NFT marketplaces are broken. But Uniswap/memecoin trading always works, and may be a better market value fit.
1 reply
0 recast
3 reactions

ilemi pfp
ilemi
@ilemi
Taking a look at some of the top collections from yesterday, and you can see the thesis somewhat playing out! Some collections have much higher secondary volume than mint volume, but some don't. It's an interesting way to approximate velocity of a meme.
2 replies
0 recast
3 reactions

Miguelgarest  pfp
Miguelgarest
@miguelgarest.eth
Got a question that still haven't figured out. Do all mints end up with a different token name on uniswap for secondary or do they all join the same token ($ZRATKN). Hopefully my q makes sense, lol
0 reply
0 recast
0 reaction