Adam Weitsman Posts a $100,000 Bounty for the First Mudwater 1/1

Adam Weitsman posted a $100,000 bounty on Oct. 23, 2026, for the first unique 1/1 card pulled from Mudwater. The offer put a six-figure incentive on being first to find one of the set's eight serialized cracked-ice 1/1s.

Within hours, collectors were crediting the bounty with changing their plans. Early on Oct. 24, @adamagb reported opening packs because of the offer, without finding the chase cards. @web3will_ wrote: “I wasn’t going to rip until I saw this my guy 😒” The reward was already giving holders a reason to open their packs.

Weitsman is the scrap-metal businessman behind Upstate Shredding, whose family business dates to 1938. His NFT buying extends well beyond individual rarities: in August 2025, he announced he was acquiring more than 5,000 Otherdeeds, Mega Kodas and Weapon Kodas directly from Yuga Labs. In an April 2026 post, he described his approach: “I have never sold a NFT in my life nor do I plan too.”

The weeks before the bounty brought another run of acquisitions. He added CryptoPunk #424 to his long-term collection on Sept. 2, announced buying 117 Pudgy Penguins on Oct. 11, and bought gold Bored Ape #197 on Oct. 17. The following morning, he reported another grail Ape purchase from the night before.

He has already donated his American stoneware collection to the New York State Museum. In a later Nov. 8 post about another Bored Ape acquisition, he said the collection he was building would someday be donated for everyone to enjoy.

Pack prices were already climbing before the bounty. An OpenSea screenshot shared by @NFTdavie roughly two hours before Weitsman's offer showed a 0.63 SOL pack floor, the lowest asking price, up about 34% over the preceding 24 hours.

By midday on Oct. 24, an OpenSea screenshot shared by @r_cky0 showed a 0.9945 SOL floor, about 58% above the pre-offer snapshot, with 698 SOL in 24-hour trading volume. A separate OpenSea sales screenshot posted minutes later by @0xmj_ showed completed pack sales at 0.9944 and 0.9949 SOL, close to that asking floor.

The offer had encouraged some holders to rip, while buying a pack to join the chase had become more expensive. @HasThreeKids captured that tension in an Oct. 24 quote-post of the bounty: “can someone pull this so pack prices come back to earth?”

The near-1 SOL floor did not hold. By the evening of Oct. 25, an OpenSea screenshot posted by @jbondwagon showed 0.72 SOL. That was about 28% below the Oct. 24 snapshot, though still 14% above the level recorded shortly before the bounty.