Emerald Auctions

The VeeFriends 2 auctions for the new Emerald Spectaculars ended yesterday. While all of the results are not in yet, most are and I think the results will surprise some folks. Someone in Discord mentioned that these results serve as a de facto ranking of VeeFriends characters. This seems as good a theory as any so let's take a look at the results.

I've sorted all of the characters based upon hammer price. I've included the top 50 prices. All of this data is available in Tableau -- LINK HERE.

The first two are no surprise -- everyone love the Black Cat and Rare Robot. Three Horned Harpik is in the third spot at about half the price as the top two. Emapthy Elephant is usually considered a top 5 character but it was 7th in the auction. As we round out the top 15, where is Patient Pig? We have to go all the way down to 38th to find him. This, I think, is shocking. It was the first character Gary drew in the series and already has a song and video. Either the rankings are changing or someone picked up a terrific bargain at 7.35ETH.

Do you see any surprises on the list?

VeeFriends 2 Reveal

The VeeFriends 2 character/pose/scene/spectacular reveal will most likely take place in the next 12 hours. I have been working on getting data for VF2 into Tableau. I've also worked out a rarity score.

The rarity score I've come up with is the sum of Character Rarity Score, Scene Rarity Score, Pose Rarity Score and Spectacular Rarity Score. I think the characters are evenly distributed so that one shouldn't be a factor but I'm including it just in case.

An individual trait rarity score takes the total number of tokens in the collection: 55,000 and divides by the number of items with that trait. So the rarity score for Emerald Spectacular would be 55,000 divided by 235 = 234.04.

I'm including Rarity Score as a general guideline. It remains to be seen how important it will be. Also, keep in mind that Rarity Scores won't be finalized until all the tokens have been minted and that may not be until the end of the year.

Please consider these resources as works in progress and under construction. I will try to get them updated ASAP after the character reveal today. Let me know if you see any issues with the data.

GOOGLE SHEETS LINK HERE

TABLEAU LINK HERE

Good luck to everyone with today's reveal!

Discord Raffle Results and More

The VeeFriends 2 Discord Raffle was held overnight. There were 14,551 spots and 27,332 entries giving each participant about a coin flip chance of being selected.

Some were surprised that so many FL spots went unused but I was not. There are still about 6,000 unclaimed Book Games tokens and FL spots were allocated to that group in case the tokens were claimed during the minting period. That makes up approximately 1,700 spots. There are also likely many disengaged Book Games players not paying attention to what's going on. I'm sure there were liquidity issues as well. The good news is that those unclaimed FL spots were rolled over and given to those who entered the Discord member raffle.

The next exciting event up in the VeeFriends universe is the Emerald auction which will be held on OpenSea beginning today, April 25th. The current floor price for a VF2 spectacular is about 4.5ETH. Since this is a new spectacular, I expect these auction prices to be even higher than that. Hopefully, there will be some bargains for lesser-known characters.

We can expect a character reveal for VF2 on April 26th sometime after all tokens are minted. Then we can expect some level of pandemonium as people begin trading for the characters they want. I want to urge you to consider delisting your VF2 tokens prior to the reveal. Imagine if you left a Black Cat listed at 1.5ETH!

The new character burn raffles begin on April 27th. You can check out the recent probabilities for those HERE AT THIS LINK.

It will be an exciting couple of weeks here. I can't wait to see the character reveal. I have been working on VeeFriends Series 2 Tableau page HERE AT THIS LINK. I still consider this a work in progress so please give me any feedback you have about it. I plan to add a rarity score for VF2 as well. Probably a simple one that takes into account Character, Pose, and Spectacular. Please leave a comment with any opinions you have on that.

Good luck to everyone on the auctions, raffles and character reveal!

Public VeeFriends 2 Mint

Gary threw us a curveball this week by changing the public mint to a Discord raffle. You needed to be a VF Discord member by Thursday, April 21st at 6:10 PM EDT in order to enter the raffle. You can read all about the raffle HERE AT THIS LINK. 

You need to have 0.335ETH in your wallet in order to enter the raffle. You need to enter the raffle no later than Midnight on Sunday night April 24th Eastern time (New York City).

Important Dates:

Thursday, April 21st at 6:10 PM EDT - Cutoff to be a Discord member in order to be eligible.

Monday, April 25 at 12:00 AM EDT - Cutoff to enter the raffle.

Monday, April 25 at 12:30 AM EDT - Raffle winners announced.

Monday, April 25th at 1:00 PM EDT - Raffle winners can mint 1 VF2.

Tuesday, April 26th at 1:00 PM EDT - Cutoff for Raffle winners to mint their VF2.

If you don't win a spot in the raffle, they will waitlist you. If there are unclaimed spots in the public mint, they will go to the waitlist.

How many will enter? There are over 300,000 members in VF Discord but I expect the number to be far lower than that. Probably less than 100,000.

How many Friendslist mints have already been claimed? As of about 10AM Eastern time on Saturday, the numbers were as follows:

VF1 Count: 5,695

FL Count: 23,925

That means about 8,000 Friendslist spots have not yet been claimed. I update these numbers in VF Discord for time to time and will be monitoring closely over the next day. All of the unused spots will roll over to the public mint. These will be added to the 10,000 reserved for the public mint.

Good luck to everyone!

Friends List Mint

It feels like forever since I wrote an update here while in reality it's only been a week. I took a bit of a break while the VF2 Minting process was also taking a break. It seems like everything is back up and running with that now. As of this morning, about 22k VF2 tokens have been minted and the floor has remained just a tad under 1ETH for the past couple of days. I think the floor remaining steady here is a bullish sign for the project. With the way the minting process started out, things could be much worse.

In other news, Gary has hinted heavily in the VeeFriends Discord and on Twitter that he'll use a raffle for the remaining 10k+ minting spots rather than let them go to the public (and most likely the bots). How that raffle will be held remains to be seen. The Book Games floor is still rather low -- under 0.2ETH so it's a possible opportunity. If there was a raffle for Book Games holders, the probability for any given token would probably be very low -- around 10%. I wouldn't buy Book Games just for that possible opportunity. It might not happen, and if it does that's a very low probability to bet on.

Meanwhile, the Burn Raffle probabilities continue to drop. You can check them all out HERE AT THIS LINK. Emerald is no longer a sure thing at about 95%. The Red Devil is just under a 50/50 chance. I'm sure these odds will only worsen as money flows back into Book Games from VF2 sales. Keep in mind that these probabilities are worst-case -- only if all eligible sets are entered in the raffle. I don't think that will happen. The first raffle on April 27th should give us good insight into the Burn Raffle participation rate.

Finally, I've been working hard to get a VeeFriends 2 dataset loaded into Tableau. I hope to have that all ready to go for the day of the metadata reveal next week.

Have fun out there with the VF2 mint, stay safe, and keep in touch.

VeeCon

Looks like I'll be able to make it to VeeCon after all -- probably on Friday afternoon. If you're there, be sure to say hello. Gary told me we already have selfies together so he won't take one with me. :-)

This picture is so old, he wasn't even doing his signature "five fingers" move yet.

Good luck with the VF2 Mint this week. Stay safe out there.

Friends List Mint

The big day is almost here -- those of us lucky enough to win Friends List spots in the raffle last week will be able to mint our VeeFriends 2 tokens starting tomorrow. I know some will rush to do it right away but remember that you have 12.5 days to mint so there is no hurry. I'm afraid many buyers will try to be first and gas could still be rather high.

In order to minimize gas, be sure to check with a Gas Tracker before minting. LINK HERE for the Rarible Analytics tracker.

I have no idea what the secondary price floor will be for VF2 during the pre-mint period but I see many guesses in the 1-3ETH range. Let me know what your guesses are.

Meanwhile, the Book Games floor continues to drop. At the time I'm posting this it's down to about 0.2ETH. I see this is a huge opportunity. The next time there is an event, we'll likely see prices soar once again. I'm particularly interested in Ponies and Koalas listed for under 4ETH right now. From what Gary has said, those should likely trade at about 1/2 the value of the VF1 floor implying a price of about 6 or 7ETH.