Investment Notes｜A Brief Talk About Guanxige NFT Outsourcing Event

Image Source

I think the Chinese may be no strangers to Edison Chen. Edison Chen is very popular among female fans because of his handsome appearance and somewhat ruffian image. It is really a classic example of "men are not bad, women are not loved", but in 2008 The pornographic incident has severely damaged the image of many actresses and supermodels, and caused him to withdraw from the Hong Kong entertainment industry, but although others have already withdrawn from the entertainment industry, the voice is still there. All I can say is "He's so handsome."

Non-fungible tokens (NFTs) have become more and more popular recently, and many celebrity users want to make profits through trading. Among them, artist Edison Chen also jumped on this trend and publicly released his NFT project "NVLPE Series" on February 15, 2022. Collection 01", and his project will be composed of 8 groups of creative units in different fields, including: international tattoo artist Dr.Woo, Heart NFT x trend brand Emotionally Unavailable, fashion brand CLOT, etc. A total of 8,888 works are expected to be released, each priced at 0.1888 ether (ETH).

Image Source

However, netizens criticized the design of one of the NFTs for being too weird, and even called it "the most terrifying NFT in history" . Since then, there have been transaction problems, such as "I still can't receive the goods 15 hours after payment (usually it only takes up to 30 minutes)”, “paid one transaction amount but received more than 1 NFT”, etc., and OpenSea data shows that the transaction volume of this NFT series is also quite sluggish, except that the Dr. Woo series with the highest transaction volume has a floor price of 2.3 NFTs In addition to Ethereum, the floor prices of NFTs in other series, including CLOT, Sandra Jockus and other series, have broken down and fell below 0.1888 ETH. However, this NFT project still allowed Edison Chen to earn 40 million Hong Kong dollars in 3 days ( about 140 million Taiwan dollars).

In fact, the issue of NFT cutting leeks has been raised many times on the Internet, such as "NFT cutting leeks? Jay Chou's launch is no exception? ” , the original intention of NFT is to specially design for digital art collectors, for the purpose of commemorative nature , so NFT collections are often sold at high prices and not resold in a short period of time. For NFTs issued by stars or artists, the main audience is their fans. NFTs themselves have no value. The value depends on the relationship and interaction between artists and fans . Therefore, the outsourcing event will seriously damage the fans' willingness to hold NFTs. , If it is an NFT speculator, as long as the situation is not right, it will sell decisively, causing an avalanche-style crash.

I hope this article is helpful to you. If you think the article is well written, please follow, clap, or share it with your friends. If you really want to invite me for a cup of coffee, click here to sponsor , and you are also welcome to use the following encrypted virtual currency trading platforms 's referral link to register, we can both get some great rewards.

• Binance Exchange: Register an account through the exclusive link to get 10% lifetime cash back.
• MAX Exchange: Register an account through the exclusive link to get a 20% lifetime cash back.
• ACE Exchange: Register an account through the referral code 75312115 or the exclusive link , and get a rebate of up to 60% of the handling fee.
• Coinbase Exchange: After successfully opening an account with my referral code , you will receive an equivalent of US$10 bitcoin
• FTX Exchange: Sign up with my referral link and get 5% lifetime cash back
• Huobi Global Exchange: Use my referral link to register and get a 15% lifetime cashback. Newcomers who complete the registration and meet the trading conditions will receive $170.
• ZBEX: Sign up with my referral link and get 8% lifetime cash back

This article is my personal opinion and sharing. The information in the article is for reference only and does not intend to constitute an invitation or suggestion for any investment transaction.