As we all know, The Bastards is minting today and is heavily hyped. The public mint will be raffled, with a 0.1 SOL fee, on the Taiyo Launchpad. If you want to test your luck, go for the public raffle, but I feel it will be a whales game in who gets the winning tickets (this raffle is going to have so many entries). Looking past the mint and raffle, is what we all want to be eying up. The secondary is going to be very hectic, and - from my own research - people are assuming that the level of entry will be around 7 - 8 SOL floor price straight after the mint. I think this pricing is quite reasonable, but I don't think this level of entry will be open for long. I can see the floor price going over 10 SOL pretty fast, and will slowly continue to rise up until the reveal (which is 48 hours post mint).
The play here - for people who haven't got whitelist, presale or just want more - is to be ready straight after the public mint and the unfreezing of the whitelist mints. Aim to get those steals at 7 - 8 SOL floor price, and HODL up to reveal. If you want to play it safe, you can sell before reveal or chance yourself in getting a rare reveal by holding.
RISK: Presale Airdrop
Now, this is the main factor that could affect this play. From the past, presale airdrops have taken hours to be deployed post mint-out of a project. So when you are looking at picking up The Bastards NFTs on secondary markets make sure to check how many presales - or if any - have been airdropped to current presale buyers. If we are seeing a large portion of presale holders that have not been airdropped their NFTs post mint, then the floor won't represent it's true intrinsic value. This is because less supply is being circulated and when more holders have their airdrops there's a larger risk of people dumping the floor. The entry of presale buyers is 1.5 SOL, people are going to take their profits.
Overall, this mint is HYPED, and A LOT of whales and people with a significant amount of liquidity are going to ape into this project. If you've got presale & whitelist, I recommend to sell to cover initial costs and hold the rest of your NFTs up to the reveal day. After that, it is truly your decision on whether you want to sell before reveal or hold the project. Good luck today guys, hope everyone gets some nice gains
Socials / Links:
Twitter - https://twitter.com/TheBastards_xyz
Discord - https://discord.com/invite/thebastards
Tensor - https://www.tensor.trade/
Information regarding chances in the public raffle:
To cover recent FUD: eJ (the founder of The Bastards) has spoken out about the reasoning behind the takedown of Skypunch's site! He said, and I quote "we took it down because it had pfp spoilers, in hindsight shouldn't have, wasn't expecting people to think we aren't a real studio". To further legitimise Skypunch Studios, they are also the people working on Taiyo: Pilots art! Yes, previous members also worked on communi3 art too. Hope these pieces of information help clear up people's mis-understanding ❤️