The fast rise of Loot and Bloot NFTs (overhyped?)

Loot and Loot-derivative NFT projects are growing incredibly fast right now. We now have Loot, mLoot, Bloot, FPS Loot, Sloot, Gear and many more. In this video I explain what these are and whether they're overhyped or not.

Let's look at Loot itself, the original project. These were sold for free (just had to pay for gas) and they're simple text files with a list of items in a high fantasy setting. A big part of why these sold out so fast and why people became so excited initially was because they were released by Dom Hoffman, the founder of Vine and also a creator behind huge web 3 projects like Blitmaps and Nouns. The guy just knows how to make valuable projects.

But the other reason why people are excited is because Loot represents a new development in NFT collectibles, gaming and even the metaverse. That's because Loot basically acts as a base layer for others to build upon, and this makes it bottom-up, decentralized world building as opposed to all other NFT projects, like bored ape yacht club, cool cats, on1 force, pudgy penguins, etc., where there is a centralized team delivering top-down world building.

On September 4th Dom also released mLoot, which greatly expanded the cap of the NFTs in the collection to 1.3 million in order to let basically anyone "play" and build on top of the network. As a result the current price point is less than .01 eth and you can almost think of this as being an early buyer into a project that is a cross between an L1 protocol (where people build and you hope for network effects) and a traditional NFT collection (where you have a unique NFT that can play a role in the lore of the game world). Whether this works or not depends on the builders, but I bought into mLoot because I'm happy to take a chance and I'm excited to see what comes out of this.

0:00 intro
0:48 what is loot?
1:30 the thing about the Loot founder
2:12 how Loot changes NFTs
3:27 Loot value stack
3:55 Loot is like ethereum?
4:34 the problems with OG Loot
6:05 why "More Loot" is HUGE
7:04 mLoot value stack
8:20 wen moon??
9:02 BLOOT
9:48 are these overhyped?

[giancarlobuystokens]

the party continues on twitter, follow me @giancarlochaux . Also you can find mLoot on opensea under "more loot" with ~17k owners right now.

[discopa]

Fantastic vid about loot! Can you cover Creature World NFT? It's taking a different approach in NFT space and the audience might be interested!

[zakhendo]

lol sLoot (scammer's Loot) is perfect. The team behind it is actually solid, they plan on bringing an infrastructure to sLoot before loot even does it, their also airdropping sLoot gold soon too

[schiffanee]

Apple
Bottom
Jeans
Boots
With
The
Fur

[MichaelArmijo]

Thanks for the grounding on this. I'm constantly trying to fight the FOMO and when you talk about the analysis behind your decisions, it really helps to put me back in my place. Still the best NFT content on youtube and highly underrated.

[ArcticMushishi]

i just buy a bloot dogg, now Sit, Wait & Take profit

[Rcnfgurd]

Thought on the Logan Paul NFT drop Cryptozoo? Can you make a vid discussing your thoughts. Would love to know your take, thinking of scooping an egg or 2 on ooensea. I heard the launch was absolutely insane, and sold out within a minute

[Rslttchnq]

sLoot (scammer's Loot) stealth-launched yesterday and I think it's the most clever copycat yet.

[aguwankenobi]

Me: going to buy more loot for <0.01
Opensea: gas price = $200+
Me: ✌️

[niloufarkalvakhi]

Hi, How can I reach out to you through Email?? for business inquiries?

[chinaapagas]

Hello, hope someone can help me how to contact sir Giancarlo buys tokens
Hope you can notice me too sir
Thank you

[jonborup]

Love your channel buddy! Professional, informative content that stands out in the NFT space. Would love more content on how you determine whether projects have potential and some of the projects that inspire you, as a great NFT content creator. Cheers!

[mcryan]

Guys this is the end of the bubble, this is turning into madness and the supply is outstripping the demand.

[nielsoldeheuvel]

Let's SMASH that LIKE BUTTON everybody! Giancarlo really deserves it for all the great work, reviews, tips & tricks he is giving us! Let's help him grow faster then he already does. In my opinion he's the BEST!

[buttaflyski]

I'm trying to see LOOT and BLOOT as more than another cringey bs project but it's hard

[CallMeNeo]

Guys, forget about all those copycats.
Open Palette will be the new hype!

[sinjunart]

This is so helpful thanks for doing the research and sharing!

[jiettan]

Any thoughts on Lost Poets by Murat Pak?

[mertsargin]

I lost all my money, because I aped into gear. Thought it was going to be huge because it was the first deriv of loot, but then bloot came at the very same day and took everything over. Fuck my life

[JordanBown]

insanely good video, your the best man