Up to date August thirtieth, 2022
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I believed it could be amusing (and treasured) to trace the cash I’ve earned flipping more than a few VeeFriends collectible merchandise from VeeFriends UNO playing cards to Collection 2 collectible buying and selling playing cards in addition to my income/losses on VeeFriends Collection 2 NFTs.
Then again, this text is now not about what quantity of money I made, it’s about documenting the revel in as a result of I consider within the VeeFriends NFT venture.
This identify draws readers, and sure, I can report my purchases and gross sales of VeeFriends collectibles and NFTs so you’ll be able to practice alongside the adventure (particularly in case you are a skeptic!). If you wish to skip immediately there, head to the ground of this text.
However I can additionally proportion my private framework for amassing. I can now not inform you what to do or the way to do it. I’ll merely proportion what I’m going and you’ll be able to take from it what you’re going to.
This article is going to do 4 issues for you:
(1) Give an explanation for why I feel in 10–15 years, sure VeeFriends bodily collectibles will retain and building up their worth
(2) Define the framework I take advantage of to set budgets and make a decision what to shop for and when together with what to promote and when
(3) Supply good judgment for my long-term VeeFriends collectible holds and which explicit merchandise creditors will wish to purchase
(4) File my purchases, gross sales, and holds — this might be ongoing for so long as I personal StartWithNFTs.com — if you wish to get correct to the bucks, scroll right down to this segment
I’ve written about this sooner than, however I feel in 10–15 years, call for for explicit VeeFriends bodily merchandise will explode.
Should you’re a skeptic or assume those merchandise are “money grabs” — learn my tale first, then inform me what you assume. Bear in mind, I’m now not telling someone what to do. Should you don’t love it, don’t purchase it. It’s all just right!
To provide an explanation for why I feel those collectibles will explode in 10–15 years, I wish to proportion a bit of bit about my tale (it’s brief, I promise):
In 2019, as I approached my thirtieth birthday, I skilled intense nervousness and couldn’t break out from the sensation that I used to be supposed to do greater than product control paintings at a big corporate.
I used to be caught in that function for years however overthinking averted me from taking motion at the myriad of concepts I had in my twenties.
I’d by no means won a role be offering outdoor of the corporate I labored for in spite of interviewing with best firms like Fb and Hubspot and at all times had an hobby in entrepreneurship, however I didn’t know the place to start out.
Level clean, I felt hopeless.
Then, I placed on a Gary V podcast and he mentioned how storage saleing used to be a start-right-now aspect hustle that provides sensible trade revel in.
I performed it — I spent the summer time going to storage gross sales to re-sell on eBay. I even mentioned my absolute best turn with Gary Vaynerchuk on Tea With Gary Vee, which you’ll be able to watch right here.
In 3 months, I made $5,000.
I took that cash and started to industry sports activities playing cards. I earned $40,000 or even were given employed to write down about sports activities playing cards for ONE37pm.com.
Speedy ahead two years from that Tea With Gary V interview, and I’m now the co-founder of a seven-figure tool corporate in the house products and services vertical.
I haven’t “made it” in anyway, however I discovered the method I like and I’m such a lot happier.
There are a large number of main points in between the ones two years, however the gist is that I performed Gary’s recommendation and it snowballed into an entire new lifestyles (quitting the activity I hated, transferring to my favourite state, and falling in love with entrepreneurship, the nice and dangerous).
Gary’s recommendation modified the trajectory of my lifestyles, and because of this, I would like to assemble the rarest and maximum fascinating VeeFriends pieces that I will come up with the money for.
Many of us pass over the truth that Gary spends a large number of time together with his group, target audience, fan base. He solutions questions and provides sensible recommendation.
He’s performed it persistently for so long as I will take into account and on account of that, Gary has introduced a large number of other folks a large number of worth.
It’s the similar as Michael Jordan bringing NBA fanatics worth thru leisure and awe. It’s why his rookie playing cards promote for loads of 1000’s of bucks.
It’s why I wish to gather the product Gary V drops in terms of VeeFriends.
And I’m now not on my own.
There are a large number of “me” available in the market at this time who don’t seem to be best happier but in addition rising companies and careers.
In 3–5 years, I wager my explicit cohort (who began following Gary in 2019–2020) will frankly mint a large number of new millionaires thru entrepreneurial endeavors.
Gary’s following has best grown since then, and a large number of children are becoming concerned within the emblem and product.
Believe what number of of them received’t get a summer time activity however will as an alternative storage sale and earn more money.
What number of of that team will beginning companies or in finding one thing that makes them glad, with monetary luck a spinoff of a passionate procedure?
In 10–15 years, I feel two cohorts of Gary’s fans will execute his recommendation and in finding themselves with cash to spend and Gary to thank for locating one thing they love.
That’s going to be his collector base, and albeit, I’d wager they’re much more likely to have extra disposable source of revenue.
It took Pokémon collectibles about two decades to blow up with common YouTubers spendings a variety of cash at the playing cards, and I feel it’ll occur even sooner with VeeFriends.
Please take into account a couple of issues:
(1) That is simply my opinion and now not monetary recommendation
(2) This doesn’t imply each and every VeeFriends card, hoodie, or bodily collectible will dangle its worth
(3) It will take for much longer, or by no means occur — nobody is aware of what’s going to occur
People like to assemble issues, and with the best way Gary V brings worth to other folks, it’s onerous for me to peer a state of affairs the place he doesn’t have a large number of call for for the goods he gives to {the marketplace}.
I give up my activity 10 months in the past with a purpose to move “all-in” and full-time at my start-up.
This implies I raise a large number of chance, so my framework is also extra excessive than yours, however I’m now not right here to inform you what to do, best what I’m doing in hopes that it brings you some worth:
(1) I care for 1 yr’s price of bills in money, it doesn’t matter what
Gary V advised a tale in his newest e-book, which I broke down right here, that one in every of his largest purchasers threatened to go away VaynerMedia if Gary didn’t fireplace an worker of his that made a mistake.
Gary declined however defined that he had sufficient cash stored to glide the trade if it used to be wanted.
On a Props and Drops podcast, Gary V defined that (jokingly) he had money buried within the backyard for a wet day. He made it transparent that there’s a definite sum of money he would now not move under.
I favored the mindset and followed it myself.
May I purchase a VF1 at this time? Sure. May I snag sealed containers of VeeFriends Collection 1 buying and selling playing cards? Sure.
However I received’t.
My group and I’ve an actual shot at rising our trade considerably, and since we bootstrapped (we didn’t tackle funding), my flexibility in having money within the financial institution may imply going unpaid for some time or infusing money to stay us working longer to expand the trade.
It doesn’t have the rest to do with my self belief in VeeFriends NFTs or bodily merchandise.
It has the whole lot to do with having the monetary safety to execute what I consider in probably the most — my (and my group’s) talents as marketers.
Word – as you’re going to see towards the tip of this text, I broke that rule, and needed to paintings a large number of hours to make up for it. Inside the ultimate month, I have gotten again to at least one yr of bills within the financial institution and going ahead, I can care for that it doesn’t matter what alternative comes alongside.
(2) I best spend cash that I’ve 10x of within the financial institution
If I’m going to spend, $333 at the Flex’n Fox (which I did) figurine, I’d higher have $3,333 in liquid money so the acquisition doesn’t tension me out.
In most cases, I’ve my minimal sum of money (1 yr of bills) and don’t move under that.
I make an exception for the rest $1,000 or underneath, as I’m relaxed if I fall $1,000 under my minimal if a possibility comes up as a result of I do know I will make up the ones bills thru aspect hustles.
Take note, StartWithNFTs.com earns about $1,000 monthly, and when I’ve time to write down for ONE37pm.com (I take a look at, however I best have such a lot mind area), I will earn additional source of revenue to fill up what I spend.
Between us, I overspent on NFTs all over the VeeFriends Collection 2 and Ebook Video games Frenzy, however thankfully, I used to be ready to make maximum of it again, and provides me the danger to be affected person with my holdings.
So as to add viewpoint — I lived at house with my folks for five months to avoid wasting on hire and not too long ago offered my automotive ($8,500 benefit, the used automotive marketplace is upside-down). I don’t drink alcohol, I consume out perhaps a couple of times per week and in a different way stay my bills to a minimal.
Once more, you don’t want to try this, I’m best sharing what I do.
At the flip-side, I’m transferring to Raleigh, Carolina, a spot I’ve sought after to are living for roughly 4 years, and my hire fee is doubling.
This supposed promoting my automotive and taking up some additional paintings to extend the liquid money I’ve in my financial institution.
It additionally method I best dangle 1 VeeFriends NFT, a Collection 2 Resilient Pink Satan. I wish to purchase extra, however want to be affected person.
(3) I promote any NFT or collectible when it reaches a price that I wouldn’t pay to obtain it
The general public ask when to promote an merchandise.
They’re petrified of feel sorry about (understandably), so I in my view expand a framework and persist with it.
Let’s use Flex’n Fox as an example.
I feel it’s a really perfect 10-year dangle play, and at this time they’re promoting for $550 on eBay.
I’d pay $550 for it, so I received’t promote it.
I wouldn’t, then again, pay $1,000 in my scenario (take into account, that’s my higher restrict of spend), so if it hits $1,000, I can promote it.
Now, I broke my rule with VeeFriends Collection 1 0 cool buying and selling playing cards when sealed containers hit $15,000. I feel sorry about now not promoting and I received’t make the similar mistake.
Markets get chilly, economies move into recessions and you’ll be able to at all times construct a trade, get promoted, or get monetary savings in different spaces to shop for one thing again later if it signifies that a lot to you as a collector.
If I combat to get a hold of a bunch that I’d pay for an merchandise, I take advantage of every other rule:
If the rest I purchase doubles in worth, I can take a troublesome have a look at promoting it.
Once more, as a result of I’ve my baseline, I do know I don’t want the cash but when the Flex’n Fox figurine doubles in worth and begins promoting for $666 or extra, I’ve to a minimum of imagine promoting and purchasing again later.
Replace: The Flex’n Fox collectible figurines did hit with reference to $666 in worth and I offered mine for $640. I am extra of a card collector, and I would not pay $640 for the figurine, so I offered it.
(4) I don’t purchase the rest at the assumption it is going to move up in worth
This can be a onerous one for me, as that’s maximum of what I did in 2021 with NFTs.
If the Flex’n Fox figurine is going to 0, I received’t lose a 2nd of sleep. I’ll make up what I spent with StartWithNFTs.com and I’ll have a novel, restricted product with an autograph from Gary V.
I feel it is going to move up in worth (and it has, as the ground is ready $550), however I didn’t purchase it because of this.
I’m lucky in that I’m a collector, so I know the way creditors assume because of this, I purchase issues to assemble, now not simply to comprehend and assume that’s a greater technique within the long-term.
As an added instance, Gary V chatted into the VeeFriends Discord team “Mint Mink”.
I may’ve spent $700 or so on a VeeFriends Collection 2 to gamble that it supposed one thing extra. If it had, I’d have tripled my cash as they’re promoting for over 1 ETH after Gary introduced proudly owning one of the most NFTs would act as a mint move for different initiatives.
I’d have misplaced sleep doing that, particularly if that announcement by no means took place.
I studied the sports activities card marketplace for 3+ years.
I even sourced Budweiser collectibles from a collector I met on eBay who bought from me.
I wish to gather VeeFriends NFTs and bodily merchandise.
Blended, this helped me shape a viewpoint of things that somebody would wish to gather in 10–15 years, however be mindful, that it might be totally flawed.
Thus far, those are the core pieces I’d need in my VeeFriends assortment:
VeeFriends UNO — Gary Bee Foil Card
That is the rarest foil card within the VeeFriends UNO set, and if I’m a collector, I’d desire a PSA 10 replica as it’s the flagship card of this unlock.
They’re on the market on eBay now and you’ll be able to take a look at them out right here.
They promote for round $1,000, however it’s the cardboard of that set. That’s what everybody used to be chasing and stand out to me.
Intense creditors would possibly need the total set of foil playing cards, which you’ll be able to in finding on eBay, however for my part, a VeeFriends Gary Bee Foil PSA 10 might be a staple merchandise in a major VeeFriends creditors stock.
Sealed VeeFriends Collection 1 Buying and selling Card Field
There have been just one,000 of those containers ever made, and my recommendation is to regulate eBay auctions for the product.
They promote for roughly $4,000, however it’s the first buying and selling card product ever to characteristic any NFT let on my own VeeFriends NFTs.
Why sealed?
As it’s uncommon and an unknown amount is extra amusing than a recognized amount.
For some time, we tracked VeeFriends 0 cool Collection 1 field breaks, which you’ll be able to check out right here, and controlled to trace 1,066 playing cards.
There have been 10 playing cards in keeping with field, so we tracked a minimum of 106 containers being opened, and know that many, many extra had been opened.
In 10–15 years, an unopened field might be onerous to seek out, and reliving the newness of ripping a field might be onerous to come back via.
The rarest playing cards within the set will most probably promote for extra, but when sure playing cards nonetheless aren’t pulled, the danger at getting the Very Very Very Very Fortunate Black Cat 1/1 auto (for instance) would most probably give any severe collector a hurry.
Or, it is going to give them the facility to possess one thing only a few folks personal.
VeeFriends Collection 2 Buying and selling Playing cards — Emerald or 1/1 Vehicles
Should you’ve made it this a ways, you’re getting some worth:
Stay a watch out for VeeFriends Collection 2 Emerald 1/1 buying and selling playing cards.
The Emerald impressive used to be offered with VeeFriends Collection 2 for the primary time, which means that it used to be now not integrated within the Collection 1 buying and selling playing cards, and the present best sale of a VeeFriends Collection 2 Compete and Acquire used to be an Emerald 1/1 for $5,000.
It’s distinctive, and there’s just one in keeping with personality.
For a major collector, it once more signifies that they are able to personal the primary and best of one thing for a personality that nobody else can personal until they promote it.
If I’m a major collector, I would like a minimum of 1 Collection 2 Emerald buying and selling card in my amassing portfolio.
I additionally in reality just like the automobiles out of the containers since you best have a zero.4% likelihood of pulling one.
A lot extra persons are ripping open those containers, and at some point somebody who spots one on eBay will assume to themselves “jeez, I opened 15 containers looking to get an auto and not may. Now I will come up with the money for to shop for it at the secondary marketplace!”
You may even see those automobiles promote for greater than Collection 1 because of this on my own.
VeeFriends Collection 1 NFT — The Grail
This may at all times be the grail, and the typical individual would possibly be prepared to promote all in their collectibles if they might pay for a Collection 1.
Gary will proceed to roll out software and this would be the grail.
It’s a fascinating dynamic as a result of, in many ways, it places a ceiling at the bodily collectibles.
If the general public are nearly at all times prepared to industry up for a VeeFriends Collection 1, they might promote any collectible that comes with reference to the ground of VF1.
A major collector is most certainly gunning for specifications, however even I’d promote all the above if I didn’t have a Collection 1 NFT.
That concludes my record . . . for now. I’m now not a large fan of the attire as a collector, even though I do dangle some OG Hustle Like My Title is Gary Vee Hoodies that had been restricted in quantity and got here out sooner than VeeFriends.
You’ll store for the ones on eBay right here.
The Flex’n Fox rather well is usually a cornerstone piece to a suite, particularly since top class collectible figurines and toys are confirmed to have a marketplace with severe cash at the back of it.
The Flex’n Fox is first, but when Gary V does different releases with other characters, particularly restricted runs, it may not be probably the most collectible of the gang, so I’ve to carry it off the record for now.
This may exchange through the years, however I search for one collectible from every unlock that may be a flagship.
As a collector, I would like the rarest, maximum recognizable merchandise from every “set” (assume UNO, Collection 1 playing cards, Collection 2 playing cards, bodily collectibles) as a part of my assortment.
Let’s beginning first with what I’ve bought:
VeeFriends 0 cool Collection 1 Top rate Buying and selling Playing cards Sealed Field (x1) — $2,500
VeeFriends Mattel UNO Units (x10) — $250 (does now not come with transport)
VeeFriends Collection 2 Buying and selling Playing cards (x5) — $0
VeeFriends x Coolkicks Flex’n Fox Gold Figurine — $373 (comprises transport)
I did acquire VeeFriends attire, a Kick back Chinchilla t-shirt, a Passionate Parrot Hoodie, and a Type Kudu Hoodie (I gave this away to somebody within the Discord who didn’t get one sooner than it offered out) however those are for me to put on, to not gather.
Now, let’s move during the gross sales information.
VeeFriends Mattel UNO Units — $20.50 LOSS
VeeFriends Uno Yolo Yak Foil Card — $20
VeeFriends Uno Yolo Yak Foil Card — $20
VeeFriends Uno Yolo Yak Foil Card — $20
VeeFriends Uno Sharing Squirrel Foil Card — $80
VeeFriends Uno Devoted Pheasant Foil Card — $25
VeeFriends Uno Prudent Polar Undergo Foil Card — $20
VeeFriends Uno Sensible Peacock Foil Card — $20
VeeFriends Uno — Devoted Pheasant (x2), Sensible Peacock — $50
Overall: $255
eBay Charges: $25.50
Last Income: $229.50
Benefit / Loss:-$20.50
I misplaced $20.50 on VeeFriends UNO, however I’m k with this. I have a look at it as though I spent $20.50 for 10 probabilities at a Gary Bee foil card and forewent the chance to make the remainder again as I didn’t promote the containers (I’m transferring and couldn’t have compatibility it into my agenda so I donated them to Excellent Will).
VeeFriends Collection 2 Buying and selling Playing cards — $778.05 PROFIT
I won 3 containers to this point, and am set to obtain 2 extra, all for free of charge to me.
Ripping makes probably the most sense, since they’re unfastened, in order that’s what I did. Packing containers promote for roughly $250, you’ll be able to purchase them right here, so opening the field is a $250 alternative value.
Let’s have a look at the gross sales information:
VeeFriends Collection 2 Be the Larger Particular person Uncommon /500, Alert Ape Core, Affected person Panda Core — $70
VeeFriends Collection 2 Enough Shrimp Uncommon / 500 — $50
VeeFriends Collection 2 Gratitude Gorilla Core — $14.99
VeeFriends Collection 2 Tricky to Beat a Computer virus from the Filth — $40
VeeFriends Collection 2 Core Viewpoint Pigeon – $9.99
VeeFriends Collection 2 Core Package deal – $12.99
VeeFriends Collection 2 Professional Llama Uncommon /500 – $49.99
VeeFriends Collection 2 Affected person Panda and Empathy Elephant Core Package deal – $39.99
VeeFriends Collection 2 Alert Ape Very Uncommon /100 – $150
VeeFriends Collection 2 Productive Puffin Uncommon / 500 – $49.99
VeeFriends Collection 2 Adaptable Alien Uncommon /500 – $150
VeeFriends Collection 2 Motivated Monster Core – $15.55
VeeFriends Collection 2 Core Package deal (10 playing cards) – $65.00
VeeFriends Collection 2 Core Package deal (124 playing cards) – $146.00
VeeFriends Collection 2 Element-Orientated Dumbo Octopus Uncommon /500 – $29.99
VeeFriends Collection 2 Prudent Polar Undergo Uncommon /500 and Core – $19.99
Overall: $914.47
eBay Charges: $91.44
Last Income: $823.03
Benefit / Loss: +$823.03
Now, you’ll want to argue that I misplaced a definite sum of money as a result of I didn’t promote the containers for $225 (after eBay charges), however I have a look at it as I made rather less cash for the danger to drag playing cards probably price 1000’s of bucks.
I nonetheless have two containers left to obtain. I be expecting the marketplace to chill as extra containers are delivered and provide hits the marketplace (that is already going down), however $823.03 in benefit for a couple of hours of eBay paintings and the possible to hit 4-figure playing cards is a candy deal.
Thus far, I’ve made $802.53 in benefit via promoting VeeFriends collectible buying and selling playing cards.
Now, if we wish to have a look at my overall funding in VeeFriends collectibles, we want to upload in the price of the VeeFriends Collection 1 field ($2,500):
$802.53 in benefit minus $2,500, which equals -$1,697.47.
There’s a key lesson in what I’m about to mention:
Till the cash is for your checking account, DO NOT depend the bucks.
At the moment, the Flex’n Fox figurine sells for roughly $550, and nil cool sequence 1 sealed containers promote for roughly $4,000.
I latterly offered my Flex’n Fox for $640, which is $576 in benefit after eBay charges. This bumps my benefit to $1,045.53 at the collectibles I have offered.
If I offered my Collection 1 field for $4,000 This is able to put my gross sales at $4,645.53 (this quantity comprises the eBay rate aid), which would go away me with a benefit of $2,145.53.
However I haven’t offered the VeeFriends Collection 1 field, so it doesn’t depend, and I’m lately ~$1,700 within the hollow.
My restrict is $3,000, which is why I haven’t spent any cash on person playing cards. I would like the versatility if every other marvel release occurs.
I nonetheless have 2 Collection 2 buying and selling card containers coming my approach, and expectantly, I will pull a larger card.
Yet one more factor, we want to have a look at the NFT buying and selling with Ebook Video games and Collection 2.
Consistent with Immutascan.io, I paid 10.9 ETH for e-book video games tokens and offered 4.97 ETH.
I spent $31,362.18 on Ebook Video games NFTs.
I offered $13,487.32 of Ebook Video games NFTs.
I used to be -$17,874, however I stopped up getting a VeeCon price tag and four Collection 2 NFTs that I offered to deliver this again to a a lot more tolerable quantity. I didn’t practice my very own laws, and were given too heavy into NFTs and needed to make up for it via furiously freelancing and getting StartWithNFTs.com to earn some cash.
Should you’ll take into account, VeeFriends Collection 2 NFTs had been performed raffle taste, and I received 4 of them.
I paid $4,183.10 to mint 4 VeeFriends Collection 2 NFTs, bringing my overall loss on the time to $22,057.10.
I offered my VeeCon price tag for $954.75, I offered 1 Collection 2 NFT for $2,995.08, I offered 1 Collection 2 NFT for $2,903.39, I offered 1 Collection 2 NFT for $3,953.57, I offered 1 Collection 2 NFT for $3,345.33.
This totaled $14,152.12.
I used to be at a internet lack of $7,904.98, however I earned a place to mint a Resilient Pink Satan and burned my two champagne Ebook Video games tokens to take action.
The bottom present worth is 4 ETH, which is price $6,400 in as of late’s ETH worth.
Once more, I haven’t offered it, but when I did I’d be down $1,504.98 (sooner than royalty charges and taxes).
Finally, we want to issue within the 48 books I bought with bank card issues, for which I paid $19.27 every at transport, so $924.96 overall.
That leaves me with a $2,429.94 loss if I offered my Resilient Pink Satan.
With out promoting, I’m down $7,904.98 on Collection 2 NFTs, and $1,700 in bodily collectibles, totaling $9,604.
On paper (and best on paper), I’m down ~$1,600 throughout VeeFriends NFTs and bodily collectibles, with 2 extra unfastened containers of VeeFriends Collection 2 buying and selling playing cards at the approach that may help in making up for a few of these losses.
Now, being down $9,604 is well past my restrict, however I earned $6,000 doing a personal NFT analysis document, every other $2,100 doing freelance NFT articles, and over $1,000 in take advantage of this website online (after paying a developer to spruce it up), and I went again to my storage saeling roots and earned $200 for three hours of labor, leaving me with $9,400 to offer me persistence with the present losses.
In spite of everything of this, I’m best down $204, however I’ve a VeeFriends Collection 1 sealed field I plan on preserving for the long-term, a Resilient Pink Satan Collection 2 NFT that I’m in it for the long-haul with, and a pair of extra containers of VeeFriends Collection 2 buying and selling playing cards at the approach.
I’ll additionally proceed to earn from StartWithNFTs.com and do freelancing that may lend a hand me spoil even and sooner or later return into the golf green, however for now, that is the place I take a seat.
Keep tuned for my updates over the approaching days, months, and years to peer how those purchases pan out ultimately 🙂
