Logan Paul’s 99 Original NFT has already exceeded expectations, despite being in the early stages of the collection. We talked to Shahan Khoshafian, the first Originals NFT purchaser, why he joined the project, his belief in Logan Paul, and why he believes 99 Originals is a solid investment.
In May 2022, Paul’s brother unveiled 99 original NFT collections. 99 different Polaroids portray different things and events in his life, each auctioned by fans.
There’s a lot of speculation about what the 99 Originals will be, and it’s still in its infancy, but it’s sold at a premium price.
The most expensive to date was the # 14 42 Bored Ape, which sold for 46.5 ETH or $ 104k at the time of sale. However, the first — # 1 ORIGINAL_ONE — was still sold for a significant 25 ETH / $ 58k to Shahan Khoshafian, who fully believes in the future of Logan and the 99 Originals project. He really believes so much that he bought a second.
For many outside spectators, buying a YouTuber NFT seems like a one-way ticket to a disaster. There have been a lot of fraud allegations since cryptocurrencies and NFTs grew as they moved into the mainstream, Khoshafian There was no doubt that it was 99 original.
“I bought this NFT and joined the Logan Paul ecosystem,” he told Dexelt. “Logan is a legendary content creator. He and Jake have revived the sport of boxing and launched Prime at KSI. He has a huge impact on culture. Logan Paul says he’s just YouTuber He has proved many times not. He is a world-class athlete, podcaster, entertainer, and entrepreneur, surrounded by the world’s most creative and business-minded individuals. Logan’s success Is not a coincidence.
“Logan is a generation-level content creator and believes in his team, beliefs and vision for the success of this project.”
If someone invests this amount in a project (about $ 85,000 including the purchase of # 92 CANNIBAL a few days later), Khoshafian can be expected to be a good NFT holder with a full-scale investment in the market. ..
In fact, this is not so true. “This is my first and second major NFT investment,” he said, pointing out a few hints from FOMO as the reason for the investment. “I feel like I missed the boat with Vee Friends, so I chose this as my first NFT investment.”
VeeFriends is an NFT collection created by popular internet personality and entrepreneur Gary Vaynerchuk, with a minimum price of 7.88 ETH (~ $ 16.4k) at the time of writing.
Shahan believes in Logan as a person, but he is also fully involved in the 99 Originals project itself. “I really like the fact that each NFT holder receives 1/99 membership and voting rights from the Originals DAO. The Originals DAO has a Community Treasury and 50% of the profits go directly to the Community Treasury. Will be sent.
“Since we have only 99 owners, we have the opportunity to make a big impact on the success of this project. I thrive in a more intimate environment and this is my role in inserting myself and making this project a success. I felt it was suitable for sharing my 6+ years of cryptographic knowledge and experience to fulfill. I believe the growth of this project is very exciting, original and profitable. Originals NFT Wanted to be a member of DAO and play an active role in determining the future of the project. “
The 99 Originals collection is on explosive track, and Shahan is confident that the project is on track. Therefore, when he asks about NFT’s future plans, his answer is unquestionable.
“I was the first member of The Originals DAO, and I’m going to stick with it in the long run,” he said. “I believe in Logan Paul, so I put a lot of trust in this project as the first investor. I actively participated as a member of the Originals DAO and worked with other members to make this the best. We look forward to growing into one of the NFT projects and the community. “