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The Andy Milonakis NFT Show, EP. 14 – How Milonakis Made One Million Dollars

Eduardo Próspero
by Eduardo Próspero
3 years ago
·
Posted in Ethereum, NFT
Trusted Editorial content, reviewed by leading industry experts and seasoned editors. Ad Disclosure

Tonight, on The Andy Milonakis NFT Show: As predicted, the Goat Soup NFTs sold out in a matter of hours. And the public sale did the same in a record breaking nine minutes. The official website reads “Goats are sold out and can be purchased on secondary! 3,744/3,744 minted.” Each mint was 0.08 ETH, so the project’s first drop made almost $1.4M minus expenses. Hate to say we told you so, but we did.

Related Reading | Bitcoin Expert Explains Why An NFT Armageddon Might Be Coming Next Month

Let’s start from the beginning and make our way to Andy Milonakis’ thank you video. In it, the man promises all kinds of real-world utilities for Goat Soup, his first serious NFT collection.

Milonakis’ Day Before The Whitelist Mint

Let’s summarize Goat Soup’s story so far, for those of you who haven’t been paying attention to The Andy Milonakis NFT Show. 

  • The first thing our hero did was open a Discord channel to gather the community. 
  • Almost 8500 people joined in just a few days. 
  • The newly formed Goat Soup team had to close the group.
  • They gave those already in the chance to get whitelisted. 
  • More than 1000 people got whitelisted. Plus, a number of people who won giveaways in other projects’ Discords.

And that’s where we were when Andy tweeted this:

My NFT series WL mint is starting this coming Tuesday Nov 30th 4PM PST / 7PM EST public sale will be Dec 1st 4PM PST / 7PM EST. The discord will be unlocked after mint. The website is not up yet but the minting will take place on https://t.co/f8peNMi1Xf (1/2)

— Andy Milonakis (@andymilonakis) November 28, 2021

Bear these two things in mind, “The discord will be unlocked after mint. The website is not up yet but the minting will take place on http://goatsoup.com.” Also, let’s refresh what does “fully on-chain” means, and the rationale behind the NFT’s characteristics. “The reason why Goat Soup is pixel art is because the nfts actually exists on the block chain and there are size limits”

The project is fully on chain/ethereum, a lot of projects use terms that makes you think it's on chain, but really the image is stored on some random server. The reason why Goat Soup is pixel art is because the nfts actually exists on the block chain and there are size limits

— Andy Milonakis (@andymilonakis) November 28, 2021

The day before the mint ends in excitement.

Time to sleep. Goat Soup NFT whitelist mint in 14 hours. I'm mostly excited and just a little nervous. After the public sale on Dec 1st, gonna start some major planning and setting things in motion.

— Andy Milonakis (@andymilonakis) November 30, 2021

First Holders Showing Their Goat Soup NFTs

Let’s just enjoy the art. 

  • Drecks got this:

Who else got the @andymilonakis GoatSoup #NFT? Here's what I got and it honestly looks pretty dope! 🔥 pic.twitter.com/VkXiewKbw1

— DRΞCKS 💎 (@0xDrecks) December 1, 2021

  • Crypto Adler got this one:

The Goat of Goats… @andymilonakis Congrats. Stellar rollout and artwork… https://t.co/cMQchqnP9B pic.twitter.com/WeIvM4mcn5

— Cisco Adler (@MrCISCOADLER) December 1, 2021

  • apeX got all of these:

wtf is wrong with me? @andymilonakis help im a degen!!!🐐 pic.twitter.com/XObFu4kb64

— Apex | Juice Team ⚡️ (@apex_eth) December 1, 2021

  • J How got another cop:

https://twitter.com/JhowYu/status/1466273530065076226

  • And Milonakis showcased this one before the public sale:

Public sale is 1 hour away 4pm PST TODAY
https://t.co/f8peNM0qyF
2 per person
.08 ETH and 3.5% royalty
Fully on chain pic.twitter.com/hZkVHP9F0X

— Andy Milonakis (@andymilonakis) December 1, 2021

The White List Sale’s Results

It took 24 hours, but 979 of the whitelist people got 1200 of the Goat Soup NFTs.

We only allowed 1 per person on the Goat Soup WL, tomorrow for the public mint we will allow 2, aiming for the coveted 50% owners to pieces. The 1 per person gave us a head start. https://t.co/f8peNM0qyF public mint tomorrow 12/1 4PM Pacific pic.twitter.com/RhIbGPMurG

— Andy Milonakis (@andymilonakis) December 1, 2021

Hours before the public sale, the NFT audience was buzzing:

A little less than 7 hours away before the public sale of the @andymilonakis project Goat Soup 🐐 🍜

Fully On-Chain
No reveal bull 💩
IRL Utility
Going to be epic 🙌

Pre-Sale for WL’d peeps ongoing until 7pm est. Immediately after public sale begins! #NFTCommunity #NFTs

— Guy ¬¬ (@treefiresmoke) December 1, 2021

Goat Soup’s Road Map And IRL Utility

Our hero transformed into a stick of butter to give us the road map and explain the real-life utility that the Goat Soup NFTs will have. 

My Goat Soup road map, sorry that I'm a stick of butter https://t.co/f8peNM0qyF Public sale at 4pm Pacific pic.twitter.com/7U2YSwh2tt

— Andy Milonakis (@andymilonakis) December 1, 2021

Summarizing: Milonakis will organize parties, events, participate in art shows, and create merchandise based on the Goat Soups. Also, he will airdrop other NFTs to holders. Milonakis promises constant action. He’ll put his life into the NFT series.

If you don’t like butter, in the following video the man himself gives you similar information with a high-energy attitude:

🐐 🍲 pic.twitter.com/QAALRwSfor

— Andy Milonakis (@andymilonakis) December 1, 2021

Adding up to what the stick of butter said, in this one, Milonakis promises a free mint of his first hip hop NFT single for all Goat Soup holders.

ETHUSD price chart for 12/02/2021 - TradingView

ETH price chart for 12/02/2021 on Cexio | Source: ETH/USD on TradingView.com

Goat Soup Sold Out In Nine Minutes

Consider this one Andy Milonakis’ victory lap video:

public sale sold out in 9 minutes pic.twitter.com/VzOOZEmFDy

— Andy Milonakis (@andymilonakis) December 2, 2021

In the video, Milonakis explains why the Goat Soup series consists of 3,744 NFTs only. “I’m in it for the long haul,” he promises. And leaves the door open for a second series.

Related Reading | Deloitte Predicts That Sports NFT Sales Will Double In 2022

The Aftermath

This one’s a big move, Milonakis got space in The Sandbox for a Goat Soup gallery of sorts.

Got some space in @TheSandboxGame Just in case them Goat Soup babies want to slide around someday

— Andy Milonakis (@andymilonakis) December 2, 2021

The Sandbox is one of the leading metaverse/ virtual gaming world projects.

And well, we can’t finish today’s episode without sharing with you all this crucial information:

Last Goat Soup tweet for the night. Sorry, I know it's a lot. We just hit 100 ETH Volume on the series! Thanks to everyone that joined us

— Andy Milonakis (@andymilonakis) December 2, 2021

The secondary market for Goat Soup is already doing numbers, 100 ETH on the first day and 144 at the time of writing. There’s a demand for Andy Milonakis’ deranged brand of art in the NFT space. 

Featured Image: Screenshot from Goat Soup's Site | Charts by TradingView
Editorial Process for bitcoinist is centered on delivering thoroughly researched, accurate, and unbiased content. We uphold strict sourcing standards, and each page undergoes diligent review by our team of top technology experts and seasoned editors. This process ensures the integrity, relevance, and value of our content for our readers.
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Eduardo Próspero

Eduardo Próspero

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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!

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