Gollum's Gems

2021-09-23 22:58:00 RELIANCE APPROVED So Revolver have a presale coming up tomorrow and immediately it made me think of Switchy but on a grander scale. Essentially Revolver is a claims project but with a twist. They will switch the claim coin that investors receive every… Open / Comment

2021-09-23 20:11:32 Olympus x Gollum Partnership

So the guys at Olympus reached out about their upcoming pre-sale platform that is being released under 2 weeks. It quickly became apparent that they share the same ambitions as us to make the BSC space safer.

We have felt for a while that some of the other more popular pre-sale platforms have issues or shortcomings and the Olympus team have clearly done their research and have sought to deliver a more complete product.

So we will be recommending to any projects which we hear about that are in pre-sale stage to opt to host their pre-sale on Olympus' platform.

There seems to be some exciting discussions in terms of how to reward Olympus holders in relation to the hosted pre-sales.

What caught our eye most was the mention of potentially having a section on their platform for KYC'd pre-sales which adds another layer of safety.

Overall, think the team seem really solid and the project already has a very strong reputation in this space to build this platform off of.

Definitely a project to research and consider as a long term hold as they continue to add new utilities and grow their existing ones such as their LP lock feature.

https://t.me/OlympusOfficial

https://poocoin.app/tokens/0x18b426813731c144108c6d7faf5ede71a258fd9a

Bear case?
The platform despite being backed by a huge project fails to draw a significant amount of custom away from established platforms like DXsale. We have seen this with BSC and the different chains trying to dethrone it. It is always tricky to truly challenge the status quo as people are creatures of habit. Open / Comment

2021-09-23 15:01:00 GOLLUM GLANCE Loud Market So we were keeping tabs on this project and we quite bullish on the fundamentals but weren't sold on the 1k hard cap and were concerned about a slow or no fill. Seemed we were wrong and if filled in a couple of minutes yesterday.… Open / Comment

2021-09-22 19:47:52 GOLLUM GLANCE Loud Market So we were keeping tabs on this project and we quite bullish on the fundamentals but weren't sold on the 1k hard cap and were concerned about a slow or no fill. Seemed we were wrong and if filled in a couple of minutes yesterday.… Open / Comment

2021-09-21 20:53:19 GOLLUM GAMBLE

PUSSYPUNKS

So we have seen this NFT project mentioned quite a lot and have been doing research and keeping tabs on its progression over the past week.

So basically pussypunks is on the BSC network which makes it a gamble as NFT projects go. This is because we have only seen a handful go on to establish a decent floor after full minting and many struggle to fully mint. Personally we think the standard 10,000 mints most projects go for is too high as often hype and demand fizzles out. The plus side of  BSC NFT projects is the lack of insane gas fees and a familiar network for most.

So this project is a strange one as often we feel bullish on the artwork of the NFT projects we find but they can lack the fundamentals to make it a success. Pussypunks is the opposite as we aren't huge fans at all of the bit artwork but are bullish on the future plans and fundamentals of the project. We do note, however, many love the style so it can just be personal preference.

So the project has been going just over a week and it at nearly 4k mints - which isn't too bad. The mint price is super cheap at 0.06 bnb. At 4k mints the price increases to 0.08. Annoyingly there isn't rarity lists at the moment so no surefire way to check how potentially in demand your pussypunk may be.

The minting process is very easy and we have seen many fail to deliver a seamless process which offputs a lot of people.

So the reason we are bullish on the project is the team's plans for a utility for the NFTs. They are planning to build an ecosystem, with a marketplace due to launch next month which will be cross chain to allow you to purchase ETH NFTs with BNB. Also a custom game called Among Pus (based on Among Us) is scheduled for release in next few months. The team have also spoke about plans for a token release which will have a usecase within the ecosystem. From my understanding holdings of the pussypunk NFTs will get benefits in terms of access and rewards from various aspects of the ecosystem which should only increase as it expands. It does all sound ambitious but its refreshing to see an NFT project with actual plans and proof of progress/steps taken to make it happen. Of course there is always the risk they do not materialise but we got a good sense of the team's commitment in chat.

We guess the gamble is the fact that BSC NFT projects thus far have rarely taken off as seen on ETH and Solana but  PussyPunks does a clear vision and utility planned unlike most.

Definitely worth checking out the socials and getting a feel for the project. Again, we wish on a personal note the NFTs themselves were more high quality/original looking but we are looking more at the project's ambitious goals.

Here are the links if interested:

https://t.me/pussypunks

http://pussypunks.com

Bear case?
That despite marketing interest slowly fizzles out like seen in a fair few other BSC projects and they don't fully mint. This could be alleviated by potentially burning some if it ever came to that point though. Also the team have a challenge to get their marketplace to stand out to build up an active userbase. Open / Comment

2021-09-21 17:56:06 GOLLUM GLANCE

Loud Market

So we were keeping tabs on this project and we quite bullish on the fundamentals but weren't sold on the 1k hard cap and were concerned about a slow or no fill. Seemed we were wrong and if filled in a couple of minutes yesterday. Was definitely helped by the max contribution of 5 bnb though and we aren't a fan of such a large amount to be honest. They launch today at 5 PM UTC so will be watching post launch closely for a good entry point.

The project offers a novel solution to an existing problem as it aims to address the issue of artists not receiving a fair % of the royalties for their music. The team have already got some artists who I hadn't heard of but assume have more local followings on board but interestingly claim they have links with connections to major artists that are already being worked on.

The team are all doxxed and are very active in video chat and are on there almost daily. They also have a registered company in UK so it definitely feels both safe and a project of real intent to realise their usecase.

The team have only assigned 51% of presale funds for LP so a huge chunk of funds will be used to try on board major artists and market the project further.

With the crypto crash yesterday and such a high contribution per wallet for presale - we definitely feel it is best to wait for a dip post launch from presalers selling before deciding to invest.

We would imagine it will take a while for the project to really pick up momentum so it would be likely one for the long term hold.

Overall, it is definitely one of the more ambitious and unique projects on BSC at the moment and it will be interesting to see how they progress.

Here are the links if interested:

https://t.me/LoudMarket

Loudnft.co

Bear case?

Short term risk is that with market sentiment low the launch gets sold off due to a lack of buying pressure and high presale wallets contribution. The long term risk is definitely that there is no uptake of the project by noteable artists and therefore the usecase isn't really ever realised. Open / Comment

2021-09-20 22:43:04 Not a great day to invest after the crypto dip - seems market wide sentiment is low. Everyone is entering and exiting every new launch today for quick profits.

Definitely a day to invest very carefully - if at all.

We are instead going to take today to research into some more NFT projects we have had our eyes on. Open / Comment