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September 2021: Month in Review

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September 2021: Month in Review
Calum Johnson

Every month we plan on bringing you a review of everything that happened on Otis – including which assets saw the biggest movement, which were most popular, and more.


Drops

5 new assets dropped on the platform in the month of September. We had 1 NFT, 2 pairs of sneakers, 1 graded toy & a 1st Generation iPod. 

1) Chromie Squiggle #524 (Drop Value: $25,300)

2) 1985 Air Jordan 1 "Red Metallic" (Drop Value: $15,800)

3) Original Darth Vader (Drop Value: $11,200)

4) Original Apple iPod (Drop Value: $20,000)

5) Nike Air Force 1 x Jay-Z (HOV Charity) (Drop Value: $10,500)


Top 5 Risers

42 assets on the platform had a trading price that increased during the month of September. Below are the five assets that showed the biggest gains. 

1) CryptoPunk #543 (+1000%)

2) Halo: Combat Evolved (+852.6%)*

3) Mike Tyson's Punch-Out!! (+400%)

4) Grimes NFT Collection (+275%)

5) Special Marvel Edition #15 (+140%)


*Uses buyout price rather than trading price.

CryptoPunk #543


The list is dominated by NFTs & graded video games with Special Marvel Edition #15 rounding out the top 5 following the release of Shang Chi & the Legend of Ten Rings


Bonus stat: if you take the top 10 biggest risers on Otis, half of them are video games - the category has been boosted by multiple buyouts & favorable recent sales.

Top 5 Fallers

58 assets had a trading price that decreased during the month of September. Below are the five  assets that showed the biggest declines. Four of the five biggest losers were sports cards.


1) Tomb of Dracula #10 (-60.0%)

2) Michael Jordan SP Gold (-43.7%)

3) Kawhi Leonard RPA (-42.9%)

4) Kobe Bryant RC (-37.5%)

5) Cristiano Ronaldo RC (-33.2%)

Tomb of Dracula #10


Tomb of Dracula was down big in the beginning of September but has since rebounded. The rest of the 5 are dominated by sports cards where the market overall has corrected over the last several months.


Buyout Offers

September had two buyout offers brought to Otis shareholders, the first was an offer for our copy of Halo: Combat Evolved. The original offer for the game was for $110,000, but after several back-and-forth bids, the final offer landed at $301,000. This was approved by shareholders making it the largest ever sale of a graded XBox game.

Later in the month a buyout offer for the Tetris Collection of $27,500 was rejected by shareholders. Following the rejected offer, Tetris finished the month up 125.5%.

1) Halo: Combat Evolved (+852.60%)* APPROVED

2) Tetris Collection (+70%)* REJECTED

*% is calculated from the drop value not last traded price

Top 5 Most Traded (Settled Trades)

When we look at the most traded assets on the platform in terms of completed trades, unsurprisingly NFTs & graded games dominate the charts once again. 

1) CryptoPunk #543

2) Pokémon Red

3) Mario Kart 64

4) Mike Tyson's Punch Out!!

5) Shattered Backboard AJ1


Returns by Category

When we look at the asset categories, there were a few big winners and two categories that were down. 

NFTs & video games were up big (637.5% and 88.6%, respectively). On the flip side, sports cards fell the most, down 10.1%. 


September Returns by Asset Category


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