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The Andy Milonakis NFT Show, EP. 13 – Goat Soup

bitcoinist November 22, 2021
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Tonight, on The Andy Milonakis NFT Show: It’s Goat Soup time. Milonakis announced the title of his first serious NFT collection and released the first sample, pictured above. The Goat Soup team chose pixel art and a 24×24 format because the project is 100% on chain. That means, their pieces have to be light because they’ll live in the Ethereum blockchain. We’ll get back to Goat Soup soon enough, but first…

Related Reading | 7 Eye-Popping NFT Statistics From Next Earth

Did you notice the parallelism between Andy Milonakis’ first-ever NFT and his Bored Ape?

Look, they’re both crying and everything.

Is it fate or did Milonakis mastermind this? We wouldn’t know, but he bought the Bored Ape in the previous episode for 30 ETH. Today, the floor price for the BAYC is almost 50 ETH. That’s what we in the industry call timing.

Fair Compensation For Goat Soup ’s Pixel Artist

Andy Milonakis is here to make the world a better place. The artist who drew his pixel goats charged him way too little, and he asks the community, “You think if i give her a 50x bonus what she quoted me originally is fair?” Later on, we will learn that the woman asked for just $500.

But wait, Milonakis wants to help but, let’s not exaggerate. He won’t give her a percentage of the sales until Goat Soup version two. “I think if we sell out I should give her like 50K and maybe for Version 2 i’ll help her with crypto and give percentage?”

He has a reason for that, though. And it’s a good one, Milonakis plans to spend the rest of his life building utility for those Goat Soup NFTs. The artist, on the other hand, only spent a few days drawing them. Is Andy right or is he being exploitative? In the end, he decides to give her the $50K. “I tweeted this because I wanted to be transparent. I think 100X asking price is fair.”

In the replies, the community seems to think what Milonakis did was more than fair. Remember, the Goat Soup artist only asked for $500. The question remains, should he have offered her a percentage? 

ETHUSD price chart for 11/22/2021 - TradingView

ETH price chart for 11/22/2021 on Bitfinex | Source: ETH/USD on TradingView.com

Intermission: Andy Milonakis Inspired Art

Speaking about pixel art, Milonakis got another gift from an artist in the NFT community. This one is an homage to Andy’s obsession with sushi.

Will they mint it as an NFT? Will Milonakis buy it?

The Goat Soup Collection’s Behind The Scenes

There are details about how the Goat Soup collection came about that’ll be interesting for future NFT artists and entrepreneurs. For example, why didn’t Milonakis release Goat Soup tokens?

The reasons are that Milonakis wanted to consult with a lawyer first and that he wanted to build a community with people that were interested in the art and the real-life utility, and not with rent-seeking crypto bros.

In the following tweet, he explains why he decided to make Goat Soup a 100% on chain, a fact that dictated the project’s direction. “Most of the NFT’s on opensea are not on chain, and the images are housed on a server somewhere. My project will exist on the etherium block chain, and that’s why its pixel art”

And, finally, here Milonakis announces Goat Soup as the collection’s name and shows a sample piece.

Intermission: The Toddlerpillars

Another piece in Andy’s collection, here, he tells the story of how he helped The Toddlerpillars by suggesting a trait through their Discord server. 

“Disclosure: They hooked me up with 2 nfts as a thank you.” Good for you, Andy.

Milonakis Fights The Masses, Pt. 1000

Another chapter, another case of Milonakis feeding the trolls. He loves it. This time, though, the criticism is about his Goat Soup collection.

This is a poorly researched opinion, considering the Goat Soup Discord server has over 8000 members and every post gets this kind of reaction:

Goat Soup Discord screenshot

And here, a degen calls Andy a scammer. Milonakis responds, “It shows lack of character that you just randomly accuse people of sh*t without doing any research. Sorry but with that attitude you’re not gonna make it.”

Related Reading | ‘Right Click, Save As:’ Meet The NFT Pirate Bay

Goat Soup Essentials

By the public’s suggestion, the Goat Soup project has a Twitter account:

Andy and the team also bought the .com domain. No site yet, though.

http://goatsoup.com/

And well, Milonakis is already thinking about the future. And about how to bring value to the NFTs. “When I release my first hip hop single on opensea, everyone that has a Goat Soup nft (my series coming soon) will get a free mint of it.”

The Goat Soup NFTs will be out in a week. There will be a private sale for members of the Discord server that were fortunate enough to get whitelisted and, right after, there will be a public sale for everyone interested. Chances are the project will sell out in a few hours. We’ll let you know what happened in the next episode of… The Andy Milonakis NFT Show.

Featured Image: The first goat, revealed through this tweet | Charts by TradingView

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