Why this Logan Paul fan spent over $80k to buy Originals NFTs: \u201cLogan is a once in a generation creator\u201d Instagram: onwithshahan, Logan Paul\/ 99 OriginalsLogan Paul\u2019s 99 Originals NFTs are already exceeding expectations, despite the fact it\u2019s still early days for the collection. We spoke with Shahan Khoshafian, the buyer of the very first Originals NFT, to discuss why he bought into the project, his belief in Logan Paul, and why he believes 99 Originals is a solid investment. In May 2022, the older Paul brother launched his 99 Originals NFT collection \u2014 99 different polaroids depicting various different things and events in his life, with each one going to auction to fans. There was a lot of speculation over how things would go with 99 Originals, and while it\u2019s still extremely early days, the pieces have been selling at premium prices. The most expensive so far was #14 42 Bored Ape, which sold for 46.5 ETH or $104k at the time of sale. The first, though \u2014 #1 ORIGINAL_ONE \u2014 sold for a still-substantial 25 ETH\/$58k to Shahan Khoshafian, who believes fully in Logan and the future of the 99 Originals project. He actually believes so much that he even bought a second. For many onlookers from the outside, buying a YouTuber\u2019s NFT seems like a one-way ticket to disaster. We\u2019ve seen scam allegations in abundance since the growth of crypto and NFTs as they shift more into the mainstream \u2014 but Khoshafian had no doubt in 99 Originals. \u201cI bought this NFT to get involved in the Logan Paul ecosystem,\u201d he told Dexerto. \u201cLogan is a legendary content creator, he and Jake revived the sport of boxing, he launched Prime with KSI, and he\u2019s a huge influence on culture. Logan Paul has proved time and time again that he is more than just a YouTuber. He\u2019s a world-class athlete, podcaster, entertainer, and entrepreneur, and he surrounds himself with the greatest creatives and business-minded individuals in the world. It\u2019s not by accident that Logan is a success. \u201cLogan is a once in a generation level content creator and I believe in his team, conviction, and vision to make this project fly.\u201d For someone to invest this much money into the project \u2014 around $85k, including his purchase of #92 CANNIBAL several days later \u2014 you might expect that Khoshafian is a serial blue-chip NFT holder with some serious investments in the market. Read More: Top 10 most expensive NFTs ever sold – In fact, this couldn\u2019t be less true. \u201cThis is my first and second major NFT investment,\u201d he said, pointing to a slight hint of FOMO as his reasoning for investing. \u201cI chose this as my first NFT investment because I feel like I missed the boat with VeeFriends.\u201d VeeFriends is the NFT collection created by popular internet personality and entrepreneur Gary Vaynerchuk, which has a 7.88 ETH (~$16.4k) floor price at the time of writing. While Shahan has a lot of belief in Logan as a person, he has also bought fully into the 99 Originals project itself. \u201cI really like the fact that each NFT holder receives a 1\/99 Membership & Voting Rights in the Originals DAO. The Originals DAO has a Community Treasury, with 50% of profits routed directly to the Community Treasury. \u201cSince there are only 99 holders, I have the opportunity to make a huge impact on the success of this project. I thrive in more intimate environments and felt like this was the right fit to insert myself and share my 6+ years of crypto knowledge and experience to do my part in making this project thrive. I believe that the growth of this project will be highly exciting, original, and lucrative. I wanted an Originals NFT to become a member of the DAO and have an active role in deciding the future of the project.\u201d The 99 Originals collection is on track to blow up, and Shahan definitely believes that the project is going places \u2014 so there\u2019s no doubting his answer when we asked about his future plans for the NFTs. \u201cI was the first member of the Originals DAO and I plan to stick around for the long term,\u201d he said. \u201cI took a leap of faith with this project as the first investor because I believe in Logan Paul. I look forward to actively participating as a member of the Originals DAO and collaborating with other members to grow this into one of the most premier NFT projects & communities.\u201d<\/p>\n","protected":false},"excerpt":{"rendered":"
Why this Logan Paul fan spent over $80k to buy Originals NFTs: \u201cLogan is a once in a generation creator\u201d Instagram: onwithshahan, Logan Paul\/ 99 OriginalsLogan Paul\u2019s 99 Originals NFTs are already exceeding expectations, despite the fact it\u2019s still early days for the collection. We spoke with Shahan Khoshafian, the buyer of the very first […]<\/p>\n","protected":false},"author":2,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[1],"tags":[],"class_list":["post-64623","post","type-post","status-publish","format-standard","hentry","category-uncategorized"],"_links":{"self":[{"href":"https:\/\/dejan.au\/index.php\/wp-json\/wp\/v2\/posts\/64623","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/dejan.au\/index.php\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/dejan.au\/index.php\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/dejan.au\/index.php\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/dejan.au\/index.php\/wp-json\/wp\/v2\/comments?post=64623"}],"version-history":[{"count":0,"href":"https:\/\/dejan.au\/index.php\/wp-json\/wp\/v2\/posts\/64623\/revisions"}],"wp:attachment":[{"href":"https:\/\/dejan.au\/index.php\/wp-json\/wp\/v2\/media?parent=64623"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/dejan.au\/index.php\/wp-json\/wp\/v2\/categories?post=64623"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/dejan.au\/index.php\/wp-json\/wp\/v2\/tags?post=64623"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}