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The Captainz NFTs are being used as collateral for loans on X2Y2fi, resulting in a payout of approximately 34 ETH. Gondi, a decentralized NFT lending service on Ethereum, offers instant refinancing and continuous underwriting for flexible credit. Collectors on Gondi can wait for lenders to refinance their NFT loans for better terms, especially if the NFT appreciates in value. Alien Captainz NFTs have claimed 76 ETH of $MEME, with a floor value of 40 ETH. Art Blocks sales in the past 24 hours include Meridian for 7.5 ETH, Anticyclone for 6 ETH, Chromie Squiggle for 9.1 ETH, and Memories of Qilin for 3.5 ETH. The pricing of Captainz NFTs and the locked-in value of $MEME are causing confusion. X2Y2 has seen over 240 ETH in sales of Memeland NFTs in the past 24 hours. Over $320,000 worth of NFTs have been refinanced on Gondi, with various APR rates. Sales of Captainz NFTs in the past few hours include Alien for 31.5 ETH, Kaiju for 11 WETH, Kraken for 8.9 ETH, and Human for 3.8 ETH to 4.2 ETH. Gondi has become a popular platform for Art Blocks collectors seeking NFT loans. A Captainz NFT with mythical mapz has $1.2M worth of $MEME claimable over 18 months.
Pretty crazy that I grabbed this captain for 3.9 ETH a few months back, and since it has 3 mythical mapz alongside the rest of it's maps, it has 1.2M $MEME claimable. $30,000 USD worth of $MEME over 18 months for $7,000 USD, and the fp is higher than when I grabbed it. https://t.co/LbNMc13H5a
Collectors of @artblocks_io assets continue to make Gondi their GO-TO spot for NFT loans β¨ In the last few days, there have been over a dozen Chromie Squiggle listings on Gondi ππ These Squiggle listings look to be in search of USDC / 1 year+ NFT loan offers There have beenβ¦ https://t.co/ySINRn3gul https://t.co/Ac0RPhCFVP
Sales happening in the past few hours of all tiers of Captainz: Alien: 31.5 ETH (6.85mn $MEME) Kaiju: 11 WETH (2mn $MEME) Kraken: 8.9 ETH (1.3mn $MEME) Human: 3.8 ETH - 4.2 ETH (685k $MEME) https://t.co/0KTcDu9u4K
Over $320,000 worth of NFTs have been refinanced this morning on Gondi π€―π₯ Hoodie Punk #8770: 11.88% APR -> 11.50% APR on a 135wETH/90 Day loan Earring Punk #2309: 9.30% APR -> 9% APR on a 42,500 USDC/113 day Clown Nose Punk #4798: 12.5% APR -> 12% APR on a 35,000 USDC/40 day https://t.co/d1McTDP0Gv
Currently, each Captainz holds a greater value in $MEME locked within it than its floor price of 4.2 ETH. Only a small fraction was unlocked today. The remainder unlocks over the next 2 years. How will the price of MEME affect the FP of Captainz? What's the intrinsic value? https://t.co/MEfdSPQgaA
AHOY! π΄ββ οΈ @Memeland NFTs are absolutely on π₯ at X2Y2 with over 240 ETH in sales the past 24 hours! https://t.co/zPNs3z65sS
The most confusing part of this $MEME drop and Captainz NFT pricing: -A floor Human Captainz has $14,250 worth of $MEME locked in it (at $0.026 current price) -Yet the Human Captainz NFT costs $7,500 (4.19 ETH) Have never seen a scenario like this...
Some top Art Blocks sales, past 24 hours 1) Meridian: 7.5 ETH 2) Anticyclone: 6 ETH 3) Chromie Squiggle: 9.1 ETH 4) Memories of Qilin: 3.5 ETH https://t.co/ry5C9cywb0
This Alien Captainz sold for 37.156 ETH two days ago. This morning it was able to claim 76 ETH of $MEME. While only 20% of that is immediately sellable, aliens still likely have double-digit ETH value (floor is 40 ETH). https://t.co/oEERPLkns7
This Alien Captainz sold for 37.156 ETH two days ago. This morning it was able to claim 76 ETH of $MEME. While only 20% of that is immediately claimable, aliens still likely have double-digit ETH value. https://t.co/MPuguoLMQO
Collectors on Gondi with outstanding loans can sit back and wait for lenders to refinance their NFT loans for better terms This is especially important if the NFT appreciates in value - collectors aren't locked into rigid loans, and lenders can refinance them! Feels good man https://t.co/S2xPzRRlTQ
Now tracking @gondixyz on @ethereum Gondi provides a decentralized NFT lending service with instant refinancing and continuous underwriting for flexible, competitive credit https://t.co/XIRlmDrgV2
ARRRRGGGHH! π΄ββ οΈ A savvy @Memeland hodlr was just able to collateralize 8 of their The Captainz NFTs for a pirate's booty of ~34 ETH in loans using X2Y2fi! π₯ https://t.co/Acnski1YU7 π€ #X2fi #NFTfi #NFTLoan #Memeland https://t.co/ZSUuLFJFT4
Top blockchains by NFT sales volume (last 24hrs) π https://t.co/NS6SoVeSri