• Press Releases
    • Submit a press release
    • Read All
  • Advertise
  • Contact us
Crypto.com Logo Crypto.com Logo
Bitcoinist.com
No Result
View All Result
  • Bitcoin
    • News
    • Price
    • Businesses
    • Acceptance
    • Technology
    • Investment
    • Regulation
    • Reviews
    • All Bitcoin News
  • Altcoins
    • News
    • Price
    • Ethereum
    • Ripple
    • Litecoin
    • EOS
    • NAGA
    • All Altcoin News
  • Tech
    • Blockchain
    • Security
    • FinTech
  • Industry
    • Industry News
    • Press Releases
  • Price
    • Bitcoin Price
    • Ethereum Price
    • Litecoin Price
    • Binance Coin Price
  • How to
    • Buy gift cards/mobile Top Ups with Cryptos
    • What Is Bitcoin?
    • Best Bitcoin Wallet
    • Bitcoin vs Ethereum
    • Why Use Blockchain Technology?
    • Bitcoin Cash ABC vs. Bitcoin Cash SV
    • How to Buy Cryptocurrency
    • Bitcoin Mining
    • Best Bitcoin Brokers
    • Best Bitcoin Forex Brokers
    • How To Earn Bitcoin
    • What is Facebook Libra?
    • Ripple and XRP: The Complete Guide
    • Bitcoin Casinos – Where, What and How to Play
  • Events
  • Play Games
  • Play Casino Games
  • Win 1 BTC
Breaking News: Breaking: DCG And Genesis Close Initial Agreement With Creditors
  • Bitcoin
    • News
    • Price
    • Businesses
    • Acceptance
    • Technology
    • Investment
    • Regulation
    • Reviews
    • All Bitcoin News
  • Altcoins
    • News
    • Price
    • Ethereum
    • Ripple
    • Litecoin
    • EOS
    • NAGA
    • All Altcoin News
  • Tech
    • Blockchain
    • Security
    • FinTech
  • Industry
    • Industry News
    • Press Releases
  • Price
    • Bitcoin Price
    • Ethereum Price
    • Litecoin Price
    • Binance Coin Price
  • How to
    • Buy gift cards/mobile Top Ups with Cryptos
    • What Is Bitcoin?
    • Best Bitcoin Wallet
    • Bitcoin vs Ethereum
    • Why Use Blockchain Technology?
    • Bitcoin Cash ABC vs. Bitcoin Cash SV
    • How to Buy Cryptocurrency
    • Bitcoin Mining
    • Best Bitcoin Brokers
    • Best Bitcoin Forex Brokers
    • How To Earn Bitcoin
    • What is Facebook Libra?
    • Ripple and XRP: The Complete Guide
    • Bitcoin Casinos – Where, What and How to Play
  • Events
  • Play Games
  • Play Casino Games
  • Win 1 BTC
Bitcoinist.com
No Result
View All Result
Breaking News: Breaking: DCG And Genesis Close Initial Agreement With Creditors
Advertisement

The Andy Milonakis NFT Show, EP. 1 – Our Hero Falls Down The Rabbit Hole

Eduardo Próspero by Eduardo Próspero
1 year ago
in Altcoins, Ethereum, NFT
0
Advertisement

Starting today, Bitcoinist will follow Andy Milonakis NFT journey. And by documenting this man’s path, we will document everyone’s. The jury’s still out on NFTs. Are they this cycle’s speculative bubble or are they the art market’s new facade? Is this the beginning of something big or is it just a fad? Will NFTs prove to be a worthy investment? That’s what we’re here to find out.

Related Reading | NFTs In A Nutshell: A Weekly Review

Don't wait! Jump on this Crypto Deal and get a 150% Welcome Bonus plus 100 Free Spins on your deposit today!

One thing’s for sure: Andy Milonakis deserved another tv show. When MTV canceled “The Andy Milonakis Show,” television, in general, took a nosedive. The Internet is here to save the day, however. Using this novel art collector’s tweets and videos, Bitcoinist will document a period in time. 

ETHUSD price chart for 09/03/2021 - TradingView

ETH price chart for 09/03/2021 on Kraken | Source: ETH/USD on TradingView.com

The NFT boom, with your host Andy Milonakis

As far as Bitcoinist can tell, this was Andy Milonakis’ first buy. A Mad Dog Jones piece titled “I no longer exist.” There are 99 editions of the short animation. Considering the last one sold for over $13K, we could say Milonakis went big from the get-go. 

BitStarz Player Lands $2,459,124 Record Win! Could you be next big winner?
570% up to 12 BTC + 300 Free Spins for new players & 1 BTC in bonuses every day, only at Wild.io. Play Now!

I just bought this Mad Dog https://t.co/8TylrbKjaZ (no ad, no nothing, i just wanted to show you which one i bought)

— Andy Milonakis (@andymilonakis) August 25, 2021

Our host, a man of culture, quickly started asking the big questions. For example, the reason why “NFT creators have 10,000 of one series. Isn’t it sexier to have way less?” The best answer Milonakis got was, “There’s many levels to NFTs, not just the art end. Memberships, community, content, whatever. 10k is a club vs 1/1 is art.” To that, our host answered, “I needed to know that for sure because I want to start making them eventually.” So, from day one, Andy Milonakis’ NFT journey has a clear objective in sight.

I'm so fucking hyped to have you fucking with NFTs.

There's many levels to NFTs, not just the art end. Memberships, community, content, whatever. 10k is a club vs 1/1 is art.

We've met a few times at gigs, I'd happily help guide a bit if you ever need.

A rich dude's fish food

— JxhnnyRxq?Jahbless.eth (@TheJroq) August 26, 2021

Volatility was another factor in Milonakis’ mind. “Of course there is a lot of volatility and risk involved with NFTs. Pretty cool though, I’ve seen a few of my buys rise 30% in 48 hours.” Under each of his tweets, there are a thousand NFT projects trying to get him to buy one of their pieces, to join their team. There are also community elders trying to explain to him the in and outs of the culture. And naysayers, making fun of NFTs or asking disingenuous questions.

Of course there is a lot of volatility and risk involved with NFTs. Pretty cool though, I've seen a few of my buys rise 30% in 48 hours. Some didn't move at all of course as well. It's a nice change for me instead of staring at numbers in a crypto wallet.

— Andy Milonakis (@andymilonakis) August 27, 2021

No one is immune to public opinion, even Andy Milonakis feels the need to justify his new hobby. “People are buying houses and cars with money they made with NFTs.”

People are buying houses and cars with money they made with NFT's and some stupid ass people on the internet are like "duh wast3 ur moneY ON Pixals Mah Man go aHEad" haha

— Andy Milonakis (@andymilonakis) August 26, 2021

Withdrawals And NFT Addiction

Andy Milonakis’ first day in the NFT world ended with a video summary of everything he bought. Press play to watch the Mad Dog Jones piece in action and Milonakis saying “cute” over and over, among other things.

Here are all the NFT’s I bought today, thanks for the help pic.twitter.com/n8DWE4Ea68

— Andy Milonakis (@andymilonakis) August 25, 2021

Was that the end of the day, though? A few hours later, our host was experiencing withdrawals. “Someone sell me 2 eth plz i need a cartoon rat before i can go to sleep.” Of course, Milonakis got all kinds of offers, including free rats from different projects.

someone sell me 2 eth plz i need a cartoon rat before i can go to sleep. it's 2021

— Andy Milonakis (@andymilonakis) August 26, 2021

A few days later, our hero sacrificed sleep and mental sanity to get a mutant ape from the popular collection Bored Apes Yacht Club. About the experience, Milonakis said, “My adrenalin is still racing, I feel like I smoked meth. So worth it.” This man is so far gone it’s not even funny.

Staying up til 8am, woke up 3 hours later for a flight all so I could snag a Mutant Ape this morning. My adrenalin is still racing, I feel like I smoked meth. So worth it. @BoredApeYC pic.twitter.com/cYEeUqh6RL

— Andy Milonakis (@andymilonakis) August 29, 2021

Related Reading | Here’s Why Ethereum’s Overnight Plunge May Help Clear a Path to $700

These are his mutant ape’s traits.

sorry did i as a quote tweet pic.twitter.com/qn4x29glLF

— Andy Milonakis (@andymilonakis) August 29, 2021

Join us next time to see how Andy Milonakis NFT collection is growing. Our hero will also go back in time, find his artistic archives, and mint his first NFT. Plus, he will take to Twitch to talk about his new obsession. 

Featured Image: Andy Milonakis screenshot | Charts by TradingView
ShareTweetShareShare

Sign Up for Our Newsletter!

For updates and exclusive offers enter your email.

I consent to my submitted data being collected and stored.

Eduardo Próspero

Eduardo Próspero

Eduardo Prospero is an author, a content writer, and a professional rapper. A Bitcoin maximalist in disguise. Working on a Bitcoin book. Beware of my Telegram impersonator!

Related Posts

Check

How Checks VV Drove The Latest ‘Open Edition’ NFT Meta

14 hours ago
AI tokens institutional investors

AI Tokens Lead Crypto Market Gains As Institutional Investors Bet Big On The Technology

18 hours ago
Squiggles

One Year Later: Federal Investigators Eyeing Squiggles NFT Creators For Wire Fraud & Money Laundering

4 days ago
Groundhog Day bitcoin altcoins crypto winter

Groundhog Day: Will We Get Six More Weeks Of Crypto Winter?

5 days ago
NFT

Here’s Why The NFT Landscape May Have Changed For Better During Bear Market

5 days ago
Zhejiang Testnet For Ethereum Staking Withdrawal Goes Live

Zhejiang Testnet For Ethereum Staking Withdrawal Goes Live

5 days ago
Please login to join discussion

Premium Partners

Premium Casino Partners

Top Casinos

BitStarz
BitStarz
Punt Casino
Punt Casino
mBit
mBit
Metaspins
Metaspins
1xBit
1xBit
Coinplay
Coinplay
K8
K8
Vegas Casino
Vegas Casino

Sportbooks

Coinplay
Coinplay

Press Releases

  • Which Is The Best Crypto Meme Coin To Invest In 2023...

    19 mins ago
  • Cardano On The Climb, Whilst Big Eyes Coin Extends 200%...

    39 mins ago
  • Big Eyes Coin can boast the biggest pre-sale in recent...

    44 mins ago
  • OptionBlitz Leverages Ethereum Layer 2 Protocol Arbitrum to...

    2 hours ago
  • SIDUS HEROES Wins Top Gaming Metaverse Award in UAE

    4 hours ago

Bitcoin news portal providing breaking news, guides, price analysis about decentralized digital money & blockchain technology.

Bitcoin

  • News
  • Price
  • Businesses
  • Acceptance
  • Technology
  • Investment
  • Regulation
  • Reviews

Altcoins

  • News
  • Price
  • Ethereum
  • Ripple
  • Litecoin
  • EOS
  • NAGA

Categories

  • Blockchain
  • Security
  • FinTech
  • Technology
  • Trending
  • Breaking News
  • Press Releases
  • How to

Pages

  • Contact us
  • Editorial Policy
  • Advertise
  • Crypto Prices from Nomics
© 2023 Bitcoinist.com. All Rights Reserved.
  • Bitcoin
    • News
    • Price
    • Businesses
    • Acceptance
    • Technology
    • Investment
    • Regulation
    • Reviews
    • All Bitcoin News
  • Altcoins
    • News
    • Price
    • Ethereum
    • Ripple
    • Litecoin
    • EOS
    • NAGA
    • All Altcoin News
  • Tech
    • Blockchain
    • Security
    • FinTech
  • Industry
    • Industry News
    • Press Releases
  • Price
    • Bitcoin Price
    • Ethereum Price
    • Litecoin Price
    • Binance Coin Price
  • How to
    • Buy gift cards/mobile Top Ups with Cryptos
    • What Is Bitcoin?
    • Best Bitcoin Wallet
    • Bitcoin vs Ethereum
    • Why Use Blockchain Technology?
    • Bitcoin Cash ABC vs. Bitcoin Cash SV
    • How to Buy Cryptocurrency
    • Bitcoin Mining
    • Best Bitcoin Brokers
    • Best Bitcoin Forex Brokers
    • How To Earn Bitcoin
    • What is Facebook Libra?
    • Ripple and XRP: The Complete Guide
    • Bitcoin Casinos – Where, What and How to Play
  • Events
  • Play Games
  • Play Casino Games
  • Win 1 BTC

© 2022 Bitcoinist. All Rights Reserved.

This website uses cookies. By continuing to use this website you are giving consent to cookies being used. Visit our Privacy Center or Cookie Policy.