ICI 4.55% 2.3¢ icandy interactive limited

have noticed The Engineers have had solid growth this month;...

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    have noticed The Engineers have had solid growth this month; however it still looks like we have at least another month or two to go to potentially being able to sell all 10K NFTs & achieving a return:

    https://hotcopper.com.au/data/attachments/5446/5446044-52418e61dd7258b0c7b2235df72e0fd3.jpg

    https://hotcopper.com.au/data/attachments/5446/5446041-5f57823bb73caa4c053eed5cbbd38217.jpg

    if the Engineers were to mint now i'd estimate we'd only sell 500-1000 & for less than $200 each because all i can gather is that these NFTs will be playable avatars in The Sandbox, Alterverse & Otherside; i don't think that's enough utility in this market to warrant a healthy target price of $400-600/NFT to bank $4-6m. (i'm assuming we will self publish & not pay a third party a publishing commission, as we have internal talent/expertise for that)

    an interesting comparison is to the Grapes NFT project; they have less than 1K unique owners of their 3,333 NFTs. a floor price of $560+, trading volume is $3M+ in less 2.5 months earning a royalty of $150K @ 5% & they have some unsophisticated games that have had initial solid earnings:

    39.6K on Twit verse our 16.6K:
    https://hotcopper.com.au/data/attachments/5446/5446067-8e480c87cc5d5b21433a528e28199392.jpg

    8,693 on Disc verse our 3.1K
    https://hotcopper.com.au/data/attachments/5446/5446064-5b25d74629740cad10883f1cd8e9281c.jpg

    https://hotcopper.com.au/data/attachments/5446/5446061-225ef5608efc709211e9f0384131507d.jpg

    https://hotcopper.com.au/data/attachments/5446/5446058-10c708fd30c4c3a9afe9b6901826963e.jpg

    https://hotcopper.com.au/data/attachments/5446/5446055-08776cea10fc9a391b669757d0fc5cd1.jpg
 
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