An NFT That Offers Free Food for Life: What Would That Be Worth?
NOTE: This dispatch originally ran on my Ministry of Alpha page at Substack in mid-August. This has been slightly edited for content and timing.
This is a story about chicken.
Like, literally chicken. As in fingers. As in real-world chicken fingers sold by a real-world chicken-finger restaurant called Sticky’s The Finger Joint.
Because of that, I suspect most people have probably already stopped reading. And those who’ve made it this far will very likely not heed this advice:
Mint a few Hungry Robot Chicken Club NFTs before they’re gone. They cost all of one measly SOL, or about $31 today. Stick them in your hardware wallet, and then go on about your day. (You can mint them here. There are 472 left, last time I looked on Sept. 2.)
Then, forget you own them. Don’t even think about them.
And one day, when you’re reading about this wacky, chicken-finger joint that launched a trend among restaurants, you’re going to remember: “Holy chicken shit! I own some of those!”
And you’re going to go check on them … and then you’re going to hop on the Twitter machine (or some Web3 iteration of it) and effusively praise that Jeffo dude for telling you to spend a few SOL on the Hungry Robot Chicken Club.
Now, before we go any further, I want to set expectations.
- Yes, totally serious about the Hungry Robot Chicken Club.
- For sake of transparency, I minted four. They’re in my Ledger. I will not be selling them anytime soon, so I am not trying to pump up a small, under-the-radar project just to dump it. Why I have no intention of dumping it I will come to in a moment.
- This is not going to be a quick flip. Do not mint a Hungry Robot Chicken and then expect this is going to race from 1 SOL to 10 SOL.
- This is a long-term hold. It’s going to pay off in time as Sticky’s continues to expand its footprint through company-owned and franchised eateries.
- As such, this story is really for people who can spend a few SOL on a slow-burn opportunity and who will not worry about needing liquidity to mint the next hyped Baked Monkey Bear.