Testing the Waters Materials Related to Series #36OWENS (06121253).DOCX

Testing the Waters Materials Related to Series #TOADZ3079

From the Rally App:

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The interactive Comparable Asset Value Chart (the “Chart”) plots historical sales of assets comparable to the Underlying Asset, showing price values on the vertical axis against time on the horizontal axis. The prices reflected on the Chart are not adjusted for inflation. Users of the Platform can opt to display varying ranges of time on the Chart’s horizontal axis, from one month to one year or longer to the extent such data are available. If multiple comparable asset sales occurred on a single day, the Chart provides an average for that day. By hovering over the points on the Chart, users can view price and date of sale represented by each point. The table below sets forth the data points plotted in the Chart.

Comparable Asset	Sale Date	Sale Price	Source/ Sale Venue
Cryptoadz #3079	9/22/2021	$5,388.04	OpenSea.io Marketplace
Cryptoadz #3079	9/19/2021	$5,991.93	OpenSea.io Marketplace
Cryptoadz #3079	9/9/2021	$4,109.09	OpenSea.io Marketplace
Cryptoadz #3079	4/5/2021	$12,049.98	OpenSea.io Marketplace

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DESCRIPTION OF SERIES CRYPTOADZ 3079 NFT

Investment Overview

·Upon completion of the Series #TOADZ3079 Offering, Series #TOADZ3079 will purchase a Number 3079 CrypToadz NFT with 3D Eyes for Series #TOADZ3079 (The “Series CrypToadz 3079 NFT” or the “Underlying Asset” with respect to Series #TOADZ3079, as applicable), the specifications of which are set forth below.

·Non-fungible tokens (NFT) are unique digital assets that exist on a blockchain (a distributed public ledger) and are used to represent tangible and intangible items such as art, sports highlights, and virtual avatars.

·CrypToadz is a collection of 6,969 NFTs conceived by anonymous artist Gremplin.

·The Underlying Asset is a Number 3079 CrypToadz NFT with 3D Eyes.

Asset Description

Overview & Authentication

·According to NFTNow.com: “After the Toadz minting concluded, it wasn’t only the whimsical character art that pushed the project forward, but hype from a slew of prominent influencers seeing the value in the collection. Most prominent were Punk4156, founder of the Nouns project, and Beanie, founder of PUNKS Comic, each giving Toadz a major cosign.”

·According to NFTEvening.com: “CrypToadz are owning the Collectible space with its referential art NFTs. It is the brainchild of Gremplin, the artist behind the iconic art of Nouns DAO. The sold-out series of 6969 toad-themed Collectibles leaped through the NFT charts since its launch last September 8.”

·While Gremplin is the main creator of the CrypToadz collection, there are eight other artists, all of which are CryptoPunk holders. Noah Davis of Christie’s is quoted as saying: “It’s like all the weird art kids and the finance club got a table together at university and started talking and building together 24/7.”

·In October of 2021, CrypToadz and ArcadeNFTs announced a collaboration: “We are happy to announce our first official collaboration & tribute entitled Toad Runnerz. The idea for this collaboration was suggested by the CrypToadz by GREMPLIN team who provided us with official in-game CrypToad assets. From this inspiration the game & Arcades was then developed and created by ArcadeNFT. While the Cryptoadz are in the public domain and are free for anyone to use, we are proud to announce that this collaboration is officially sponsored by CrypToadz and a portion of the revenue from sales of the game will go to the CrypToadz Team and Creator.”

·The CrypToadz project has made donations to several charities. According to thedefiant.io: “The project donated ~120 ETH to the Rainforest Foundation and also has a plan to build out a plot in Cryptovoxels, a user-owned virtual world, to be used as an entertainment area.”

·Cozmo de Medici, a well-known NFT influencer whom Snoop Dogg has claimed to be behind, has a number of CrypToadz in his possession. According to DappRadar: “While simply changing your profile picture might seem like an irrelevant detail, the magnitude of Snoop Dogg’s popularity changes this perception. By making CrypToadz #4236 Cozmo de Medici’s new profile image, Snoop effectively endorsed the collection to the highest possible extent.”

·Electronic music producer and DJ, Marshmello, holds a number of CrypToadz. According to TheRichest.com: “Marshmello has a total contribution of $780,000 in NFTs. Pastel reports that he has invested in Cryptopunks, BAYC, and Veefriends collections. His portfolio has around 120 NFTs, including 11 NFTs from the Cryptoadz collection by Gremplin. His collection's most valuable three NFTs are Cryptopunk #8274, BAYC #4808, and BAYC #9231.”

·The Underlying Asset is accompanied by proof of ownership stored on the Ethereum blockchain.

Notable Features

·The Underlying Asset is a Number 3079 CrypToadz NFT with 3D Eyes.

·The Underlying Asset consists of the following attributes:

·The Underlying Asset was minted on September 9, 2021.

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·The Underlying Asset was sold for 1.2 ETH ($4,109.09) on September 9, 2021.

·The Underlying Asset was sold for 1.8 ETH ($5,991.93) on September 19, 2021.

·The Underlying Asset was sold for 1.75 ETH ($5,388.04) on September 22, 2021.

·The Underlying Asset has a Rarity Score of 67.57 and is ranked 6,591 in terms of rarity by Rarity Tools.

Notable Defects

·The Underlying Asset is consistent with the proof of ownership stored on the Ethereum blockchain.

Details

Series CrypToadz 3079 NFT
NFT	CrypToadz
Number	3079
Feature	3D (Eyes)
Feature Rarity	2% Have This Trait
Feature	Dog (Body)
Feature Rarity	3% Have This Trait
Feature	Blue Smile (Mouth)
Feature Rarity	5% Have This Trait
Feature	Greyteal (Background)
Feature Rarity	7% Have This Trait
Rarity Score	67.57
Proof of Ownership	Ethereum Blockchain

Depreciation

The Company treats Memorabilia Assets as collectible and therefore will not depreciate or amortize the Series CrypToadz 3079 NFT going forward.

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