Untamed Elephants is going down in history as an OG NFT project. It was the first charity driven project, and unfortunately it was also soft-rugged early on. Now a new team is in place and the project has been coming to life a lot in the last couple of months and is on the move.
We did a deep dive in the history of the Untamed Elephants in two parts a while back:
Saving The Elephants In Order To Save The Elephants - Part 1 & Part 2
Top 5 Reasons We Are Bullish on the Untamed Elephants:
The New Leadership & Rugs to Riches Story in the Making
First Charity Driven NFT Project
Price up 50% & Volume Trend Up 367% Last 30 Days
Attractive Price Point
Art Upgrade Coming Soon
Key Data Points
Floor Price: 0.03 ETH
Market Cap: $562,500
Total Revenue: $1,080,938
Unique Owners: 3100
Twitter Followers: 18.1K
Price Trend 30 days: +50%
Volume Trend 30 days: +367%
Team & Community
Untamed Elephants will go down in history as an OG NFT project. It was the first charity driven project, and unfortunately it was also soft-rugged early on. Since then Adam Ghahramani has taken over the project with the help of a strong community that wouldn’t let itself be rugged. A core team is in place and they are investing a lot of effort, time and funds in this project.
The team has recently released the Untamed Matriarchs and they are working on a significant art upgrade for the entire project.
Rarity Snipes
There has been a series of higher sales for rare Phants lately, ranging from 1.5 ETH up to 2.5 ETH. Check them out here.
Growth and Monetization Opportunities
This is one of several projects that might benefit hugely from the tidal wave of NFT collectors who will be onboarded in the coming months through Coinbase and other big players with a massive user base.
The upcoming trip to Sri Lanka with the Saving Ganesh Foundation might also become the foundation for a PR strategy. As one of our junior analysts pointed out: “There is a statuette of Ganesh in every Hindu home, the elephant is sacred in Hindu culture. There are 1 billion hindus and only 7,500 Untamed Elephants…”
With the upgrade to the art, the NFTs will be more impactful as PFPs and more opportunities for leveraging the commercial rights will most likely arise.
FULL DISCLOSURE: Studio TBD has an initial position in Untamed Elephants and will look to increase it when our initial NFT membership token sale is 25% sold out.
TO THE STUDIO TBD DAO MINT PAGE
Not Financial Advice, Do Your Own Research.