Early this year, the BSCWIN DAO decided to allocate 0.75-1.25ETH towards investments for the short/medium term. Over half a year has passed since we invested in the Bulls & Apes Project. We are pleased to say we have made a profit & now it is time to cash in on some of that profit & diversify if the DAO is in favor of this proposal.
Bull & Apes Project (BAP) Investment made: 0.51ETH + Gas NFTs acquired: #3258, #3259 & #3260 Current Floor Price per Bull: approx 0.4ETH $METH Tokens Collected 5,220 (Daily Passive Income): approx 0.5ETH
Total profit if we were to sell everything: 1.19ETH gross (rough estimate)
Option 1: Listed all our BAPs for sale & exit the project entirely & find new investment opportunities elsewhere. Walk away with roughly 1.7ETH gross.
Option 2: Sell 1 BAP & all $METH Tokens, keeping our rarest two BAPs which will allow us to continue earning Daily Passive Income for holding. The long-term plan at BSCWIN is to acquire multiple streams of income independent of the Token or NFT trading volume. Walk away with roughly 0.9ETH gross.
Option 3: Keep all BAP Investments and sell our Daily Passive Income Tokens. Walk Away with roughly 0.5ETH gross.
Option 4: Keep all the investments in the Bulls & Apes Project & review it in a few months.
Prices above are estimate based on the BAP floor price and doesn’t take into account Royalties and OpenSea fees.