In 12 months from now a lot of NFT projects circulating today will not be around.
Even teams that have good intentions will also fail purely from a lack of funding / resources to keep going.
Considering long term sustainability has never been more important. Choose wisely. 🤝
We are NOT investing in JPEGs.
We are investing in Web3 digital brands, exclusive club memberships and metaverse collectibles for virtual worlds.
A few understand this...
Ask yourself, do you see society continuing to become increasingly digital?
Yes?
Then stay. Learn. Build. Foster relationships. Add value.
Spend the time now positioning yourself for where we’ll be in 3/5/10 years
A post-mortem on everything that transpired the past week is in progress. It will be published asap.
These are tremendously difficult times for everyone affected. The feelings are still raw. Please be safe.
The strength of the #LUNAtics has been amazing. More to come.
The next time someone comes with good faith critiques to an asset you like with don’t dismiss them as a “stupid maxi”
They might be a stupid maxi.
Or they might just be helping you avoid the next Luna.
Toxic groupthink is how we got here.
Rational conversation is the cure.
Crypto is eating the world. Y'all need to zoom out. Buy the shit that will matter, buy the NFT brands that you can see becoming household brands. Don't overextend yourself, don't fomo into pumps. Your mental health will thank you. And NFTs/Crypto aren't for everyone.
The death of Luna marks the end of the alt1 trade.
Where will the rotators rotate?
Ethereum & L2s.
Why?
- the merge
- security
- L2 tokens
- ETH fundamentals
- staking returns
It’s either ETH or BTC and they’ll pick ETH because it has DeFi, NFTs, and killer economics.
if NFTs are relationship products, context becomes critical in a project's launch & lifecycle.
with context, the entire feeling between an artist/project/creator and consumer changes-- highlighting passion, evoking emotion.
this next wave will become an era of storytelling
/1
next time something promises you yield,
i want you to ask where it comes from
if you can't understand where it comes from, then YOU are likely are the yield for earlier participants
🔮✨ Theory
- UST was wave 1
- Fears of regulation start now
- Reg fears cause wave 2 (real) capitulation
- Crypto bottoms
- Stonx continue to tumble
- US enters recession
- Inflation fades
- Fed Pivots in August before election szn
- UpOnly
I'll be here for the next 🌊
One of those “wake up to check the charts” kind of nights.
Don’t do anything stupid. Patience. Stay the course. Zoom out. You know, all of those things…