šŸ¶ BoDoggos

This week I discuss The Nifty releasing its NFT collection, content site vs newsletter risk, and a 830% domain flip

Author

Richard Patey
June 28, 2023 ā€¢ Estimated Reading Time: 7 minutes

Together with

Hey there šŸ‘‹,

In this weekā€™s newsletter, I discuss:

  • The Nifty PFP collection selling out

  • Content sites becoming more risky due to AI

  • Owned media becoming more valuable due to AI

  • A nice 830% domain flip in < 45 days

  • My take on the overall digital asset market - for Insiderā€™s only (hidden using beehiivā€™s new feature)

Cheers!

Richard Patey - @richardpatey

NFTS

As mentioned last week, The Nifty just launched their first PFP collection Bodoggos. It minted yesterday at 5 SOL and is now trading at a 12 SOL floor on Magic Eden.

This is not just a generic mint, and itā€™s not just about the art as JackGK states on twitter:

The Nifty have been building their own free NFT platform, powered by its team of creators and shows such as The Morning Show which I havenā€™t missed an episode of for close to a year now.

As co-founder Nifty Nick posts on Twitter, things are going well by this chart of user growth on the site (who are also email subscribers):

I minted a BoDoggo, then sold it for an immediate 2x, and purchased more of a premium one which will become my new PFP (as soon as Twitter Blue allows it):

CONTENT SITES

AI is making content site acquisitions risker, but not because Google will penalise good content thatā€™s created using it. Rather, itā€™s the fact that Google with its Bard ā€˜experimentā€™ will likely be taking more and more traffic away from content sites:

So if we canā€™t rely on content sites for traffic, and the cost of paid acquisition on social continues to increase, what are we left withā€¦?

NEWSLETTERS

In 2023 itā€™s now a necessity to own your own traffic, so newsletter acquisitions make a lot of sense.

Alx zoo has sold SEO-driven content sites and is now building a newsletter. He asks on Twitter asks, why would anyone sell newsletter businesses:

Iā€™ve been asking myself this question ever since I sold funnelengine.com which had a 15K list back in the day!

But Iā€™ve also held onto assets for too long, especially NFTs, and would rather sell something on the up, then on the way down.

DOMAINS

Hereā€™s a nice domain flip with mypickleballclub.com, 830% ROI in < 45 days:

Just donā€™t make the mistake that .coms are last century tech!

There really isnā€™t any better TLD then .com for most names (i.e. sponsorships.com).

CLASSIFIEDS

LoopGenius brings your business ideas to life. Craft a dynamic landing page in just 30 seconds and start capturing leads seamlessly, setting your side hustle on a fast track to success. Check it out

Digital Asset Investor Manual is becoming the most comprehensive guide to investing in digital assets. Itā€™s now at over 7,500 words (no fluff), plus screenshots and videos, all for just $17 Check it out

beehiiv was founded by some of the earliest employees of the Morning Brew. You get built-in referral functionality, customization, and analytics where you can see the results of paid acquisition. Check them out*

*affiliate link (I get paid a commission for recommending)

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Disclaimer: Nothing in this email is financial advice and I am not a professional investment adviser. I send weekly updates on digital asset news and what I'm doing personally - consider it informational and for entertainment purposes only.

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