Gary Vee & Psychedelics Anonymous

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Happy Friday, we are so excited about this article. Grab a coffee and sit down for this one it's well worth the read!

What's Dropping ⚡️

• The UK Government just made it officially illegal to steal someone's digital art. NFTs are now recognized as personal property in the country.

• Game company Square Enix has recently sold the rights to the long-time franchise "Tomb Raider". They landed nearly a 300M$ deal for the games, and word is they will be putting those funds directly into future blockchain-based games.

• Artist, Satoshi Uzu, from Tokyo Japan releases his small Bored Boneheads collection directly to Open Sea with hopes to earn funds for disadvantaged children in his home country and beyond.

• LA Kings hop on the crypto train, announcing their first NFT drop. They will be dropping digital ticket stubs that are set to debut during the first playoff game.

Psychedelics Anonymous & VeeFriends Twitter Space

Conversations take on an iconic status when the speakers involved are figures with tremendous reputations. Such is the case in the latest Twitter spaces that featured Voltura the lead for Psychedelics Anonymous and Gary Vee the leader and visionary behind VeeFriends.

The similarities between PA and Gary Vee’s VeeFriends are uncanny. Not only do these projects have strong and resilient floor prices, but above all, these projects have committed and passionate communities backing them, thereby reinforcing their value. With solid communities secured, fearless devs can do what fearless devs do - build.

Below we can see Gary's community in action and how much he truly cares about what he preaches. Bringing people together who are passionate about what they do is his life mission.

Just as a reminder for those that don't know...

Gary Vee has brought immense value to his holders with his 10.3k collection VeeFriends 8.8 ETH floor and VeeFriends Series 2 which is a 50.9k collection with a floor of 0.7 ETH. Voltura in a similar fashion with Psychedelics Anonymous had one of the cleanest high-value mints in history, has put on several incredible live events (NFT LA was out of this world), and continuously rewarded its holders with its Genesis and components that hold a value of 5.91 ETH at the time of writing.

Gary Vee has constantly built value for his communities - for literal decades. Conferences. Endless content. Podcasts. Books. Airdrops. Alpha. Gary Vee has done it all. And with the mindset of constantly creating value comes new innovative ideas that can revolutionize the space as we know it. For example, in the space, Gary talks about changing the way that Dutch auctions are run. He says, “What if people could bid on the specific character that they want?” Think about this. It would allow individuals with higher liquidity to mint rare characters, while also allowing illiquid folks an equal chance. With this principle, entry creation is expected. And endorsed. This is just one of the many ideas that Gary talks about in the Twitter space.

My two favorite quotes in the space:

“We should be cheering for every project” - @garyvee 

“A win for one of us is a win for all of us” - @BAYC2745

The pair spoke extensively about uplifting the community as a whole and how the space should always be on the lookout for not falling into the dangerous act of bringing other projects down in an effort to make their own better. In reality, this space is so new we simply do not have time to waste energy talking bad about other projects. A rising tide lifts all boats and Gary and Volt truly believe that and is building a future in which that sentiment thrives.

Gary's VF2 is full of characters that have names resembling attributes and qualities that he is trying to empower his community with. For instance, Gary speaks extensively about being patient and therefore one of his VF2 NFTs is "Patient Panda".

Gary Vee has made abundantly clear in his conversation with Voltura is that VeeFriends will be a lifelong dedication for him. He uses the fact that he hand-illustrated every NFT from the genesis collection to highlight the personal care and commitment he has for the project overall. He wanted to embed his provenance in the illustration. According to him, if Vayner X is his IRL company with over 1800 employees and a strong international presence, VeeFriends is the Web3 initiative that he plans to develop just as thoroughly. For him, PFP projects are where teams should be proving that they can churn out a consumer-facing product. What does he look for in projects? He looks for people like him or Voltura, people who have had real-life experience with running successful businesses and who have far too much to lose if they don’t execute their Web3 project perfectly. As an example, he cited Kevin Rose (founder of Moonbirds) as someone who has both prior experience and someone who won’t let his project fail.

Voltura and Gary both agreed that the type of pressure facing PFP development teams is truly arduous. For people who are new to building a product or community in general, they are most likely drowning in the inability to keep up with the constant innovation and development required to keep things moving. Voltura mentioned that several times he has woke up in the night in panic just to oversee the completion of new checkpoints for Psychedelics Anonymous. Both of them are of the position that they will bleed out of their eyes just to make their projects insanely successful, and therefore feel a lot of joy for their holders because they know that they’ll be set in the future. With their positions, they also have to not only answer to their holders but the public at large. Below we see this type of commitment to the space in action. Gary (in one of his countless acts of defending the NFT space) went on CNBC to reinforce what this space is about and why it's so important to have a long-term vision - a vision that isn't through the lens of Web 2.

The way that Gary Vee and Voltura run their communities is unparalleled. Their communities not only cherish them for their work in the NFT space but also for their real-world accolades. And that’s because they’re always building value. That’s their main goal. And that’s the main reason why they will continue to succeed.

What's Upcoming

These two projects are building faster than many can even report on but we will do our best to give the most recent update.

Psychedelics Anonymous

Build, build, build. Volt is on what I would call a bender of providing value and delivering on goals. Most notably, Component 3 "C3" was dropped, and if you claimed you will have the ability to participate in the Psychedelics Anonymous mini-game experience that is quickly approaching.

All these updates are shortly after NFT LA in which Volt put on one of the best IRL experiences out of the many projects in attendance. You can see that with your own eyes below. It's safe to say we are all excited to see what happens at NFT NYC!

Let's also not forget the fire merch drop that holders are soon to be receiving.

VeeFriends

Gary recently launched VeeFriends Series 2 which is by far one of the most successful massive scale projects launched to date. Recently, there are 15 brand new characters being welcomed into the VeeFriends universe and the team is holding all sorts of raffles for an opportunity to mint them. Most notably, VeeCon is quickly approaching (May 19-22) in Minneapolis. VeeCon is a Web3 conference built around NFTs, Pop Culture, Entrepreneurship, Marketing, and Innovation with some of the biggest speakers in the world attending. Below you will see what it's all about.

In conclusion, when it comes to investing (this is not financial advice) it is always smart to dig deep into knowing the vision of the founders. In this space more than anything when you are investing in a project you are truly investing the founder's ability to deliver on his or her goals and carry out the vision of the project and the community at large. Gary Vee and Volt are definitely two founders that have a good head on their shoulders and leading the space in the right direction.

Did you like this write-up? Let us know by responding to this email. What could we have done better? As always thank you for reading and have a wonderful day.

Meme Drop 💧

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Disclaimer: The Drop DOES NOT provide financial advice. All content is for informational purposes only. The Drop is not a registered investment, legal, or tax advisor or a broker/dealer. Trading any crypto-related asset is extremely risky and could result in significant capital losses.

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