Private
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1st February 2022
The House (THH): An Art-Focused P2E NFT Trading Card Game
Bull Case: The art and story are fantastic, and the creator has focused on organic growth. A slow mint out is not the kiss of death but rather could allow for the same kind of organic growth as in the anticipation phase, which will attract engaged and enthusiastic investors instead of quick flippers. The team is mostly IRL-doxed and the creator appears to be heavily involved in NFT’s, so the likelihood of a rug is very low.
Bear Case: This is an overly ambitious project that’s simultaneously ahead of its time and just a different kind of wrapper on the clichéd PVE/P2E meta. The team rushed community building, resulting in a failed launch. The 10k size and “nerdy” premise, combined with an initial presale per-wallet limit of 3, has killed momentum for a concept that already had tepid support at best. Launching the same week as Starkade, Raid Party, and Cyber Turtles was a bad choice and the creator seems to have put most of his resources in art and backend development rather than in community building. Six months is not enough to realize the metaverse-playable game.
Red flag count: About 8 🚩 🚩 🚩 🚩 🚩 🚩 🚩 🚩