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The Forgotten Lads Have Just Become Interesting - Earn 1 BCH for 6 Lads With 8 Traits
When I first saw the new "Forgotten Lads" NFT series, I didn't get the appeal. At all.
However, having looked at the artwork for some time now, I not only got used to their looks, but - to my own surprise - I started to like them.
The last time I had this reaction was when I first saw the Tesla Cybertruck and I thought that Elon Musk lost his mind and would bankrupt the company. The opposite was the case and the Tesla stock price 10x-ed in the months after the reveal- meaning the stock price increased tenfold.
After "getting used to the artwork" I suddenly got very interested in the "Forgotten Lads" after a contest was announced that gives me the opportunity to earn a 1 BCH bonus by minting some Forgotten Lads. The NFT creator announced in the official Forgotten Lads Telegram group that anyone who ends up holding 6 forgotten lads with the maximum amount of traits (8 traits), would receive a 1 BCH reward. 🤯
That announcement blew my mind. The minting price of 1 Forgotten Lad is just 0.026 BCH and you can mint them on their website. Including gas fees it costs just 0.1578 BCH to mint 6 Forgotten Lads - which may end up giving me a 1 BCH reward. That's a great deal!
Yes, you can buy qualifying Lads from oasis.cash, too. I did exactly that - and I paid less for my lad than it gives me as a reward. 😁 Someone definitely sold it too cheap as each lad with 8 traits is worth 1/6 BCH = 0.1666... BCH in rewards alone - and I paid only 0.127 BCH for it.
There is one caveat when you're buying from Oasis, though!
Check if the reward for the lad has already been claimed here.
That number is not known, but with some Math we can estimate it based on the trait list which has been published by the creator.
Every lad has at least 4 features: A background, a body, a top and some eyes.
The optional traits are eyewear (none for 4183 Lads), mouthwear (none for 5097 Lads), headwear (none for 2199 Lads) and extras (none for 4961 Lads).
We can now estimate the probability of a Lad having all 8 features if we use the above information and multiply the probabilities for having a trait in each category in the following equation.
We used the information that there are a total of 7500 Lads minted and the result is that the probability for a lad having all 8 traits is 3.39%. We get an estimate for how many Lads have all 8 traits by multiplying this number with the total number of Lads (7500):
n*p = 7500 * 3.39% = 254.3
We expect that around 254 Lads exist with all 8 traits. As we can claim 1 BCH for every 6 Lads with 8 traits, we expect that about 42 BCH will be distributed to the community!
If not: What is wrong with you?! Why don't you love my sexy Math skills?!
Just kidding!
But this reward is truly great! And the roadmap was updated, too. And now it does look great, because for every forgotten lad that you mint or purchase, you will get an additional NFT of a present lad for free and you will be able to stake both the Forgotten lad and the present lad for passive income. Sounds great, right?
One present lad for free for every forgotten lad. One present lad for free for every forgotten lad. Two words that I love to hear. Especially together: "Passive income". 😍Two words that I love to hear. Especially together: "Passive income". 😍
By the way, the more artsy-inclined people may also get excited about the philosophical side of the project - which gives it a nice touch. 😊
SmartBCH is filled with NFTs now, getting more interesting and confusing to know which to mint for a good return