Bored Ape Yacht Club Stadium
The Web3 corporate structure…
For those of you who already see this clearly, I apologize…I, for one, am just kind of starting to grasp what is really going on here.
Prediction: within 3 years we will have a BAYC Stadium.
I hear you laughing.
Probably start with soccer…call me crazy.
Being a bit older, I remember things. Like the Internet.
Like 1994, when Monster.com became the 400th website, or thereabouts, and nobody noticed outside of Boston.
Nobody at that moment would have foreseen a Monster Super Bowl ad 3–4 years later. Well, almost nobody….Save that for another story.
NFT Projects are the new eCommerce Startups. On steroids. Moving even faster than Monster and all the other Information Super Highway fossils from 1994.
NFT Projects bundle all the elements of a Company without ever calling themselves one. In a wonderful Wild West moment in business history, some really smart people have figured out where this puck is heading and have staked out a claim.
When you buy an Ape or a Boonji or a Dad…or a….pick em…
…..You are making an early stage micro investment. These used be reserved for the beautiful people…Angel Investments we used to call them.
Angel Investments bring all the hassle, overheads, a-holes and well meaning folks who all expect a pound of flesh and quarterly updates just like the VCs…for their $5k investment in your idea…
That was then…..NFTs are Now!
I know many of you reading this are like…really, you just figuring this out?
I am pretty sure the masses have not yet. Just like the masses would not at all have imagined that Sears would be eaten by Amazon.
Who doesn’t want to receive the phonebook sized Sears catalogue? It turns out that nobody wanted to receive the phonebook sized Sears catalogue once they got a look at Amazon.
That is the way these things go. Without proper context, new things just look like blips. Until they aren’t…
This NFT fad will pass……..
Uh, no it won’t. You may decide you don’t care, but NFTs ain’t going away. Every NFT purchased includes a down payment and phantom stock on the future of the Project represented by the Ape or Astronaut or Kitty..
Or Donkey….In startup company land, there are failures…remember Pets.com? We now call them Rug Pulls.
So, when you are laying down for your next or first NFT, and you think it is pure speculation on the rise on value of the NFT itself, you are way short of the mark as to what is really happening. And it should make you very happy.
A new Investment and Startup Factory is being built.
And the BAYC cats know this as they plan to takeover Giants Stadium in about 3 years.
You heard it here first…well, probably not first, but you heard it here, anyway.
Now let’s go investing in the future of Web3 and the Metaverse.
One Ape at a Time.
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