Today I am sweeping the floor on Hive Punk NFTs (HIVE PUNKS HERE) because they were still right at their original mint price of 20 HIVE, but the price of HIVE is significantly lower than when they were minted. If my memory serves me correctly HIVE was around 80 cents per token, so these were roughly $16 per NFT from day one - a huge discount with today's value of around 98 cents with HIVE at only $0.0488.
I was able to buy all 17 of these "floor punks" for only $16.60 which is a hell of a deal if you ask me. Over the last two years I have accumulated 86 Hive Punks throughout this bear market as prices have continually fallen. There are a total of 10,000 NFTs in this collection and only about 19.35% of those are listed for sale. I hold 0.86% of the total Hive Punks supply.
VIPSERVICE GALLERY HERE
One of the reasons why I decided to sweep the floor is because other Hive Punk holders like @sn0n have been accumulating some of the ones that I was eyeing earlier. I don't want to miss out in case there is another big wave of holders that want to get their hands on PFP NFTs like this one, seeing as its one of the older OG collections that is nearing 5 years old next month.
The curation account has been growing at just under 10% combined APY, which is really good for real world yields but relatively low for crypto, especially if prices are falling. But we are growing every single day nonetheless.
Here are the current
@vipservice account stats:
- Effective Power- 33,251.890 HP
- Vote Amount (100%)- $ 0.073
- Estimated Account Value- $ 1,624.91 USD
VIP Service is a curation token project where VIP token holders with 100 or more VIP receive votes on their Hive blogs.
VIP is also backing the PUNKZ project by providing market liquidity and holding the underlying Hive Punk assets backing the PUNKZ tokens. PUNKZ is a "fractional NFT token" proxy which mimics the market prices for Hive Punks NFTs.