tl;dr β never fade VC money.
Blown away by the fact that 68/75 portfolio's were negative. Goes to show how unpredictable the market is, even for the most experienced of traders.
Shoutout to @OriginsNFT for the insightful contest! π«‘
Haven't found much time over the past month to check discord, let alone trade β but stoked to know that I've still got it.ππ€²
tl;dr: never fade @jenkinsthevalet & @azurbala
@9gagceo@keung Historically auctions have been recieved well so long as they were the only method of primary asset distribution.
It's only when assets were sold both via auction as well as whitelist based private sales have they underperformed.
@alexanderchopan A freemium model providing additional value additions (redemption rates, cohort analytics) to high value/volume POAP creators.
Example: @ryancarson & @gmoneyNFT have used multi edition POAP drops as an allowlisting mechanism for their main NFT drops; leveraging proof-of-history.
@maverick23NFT BAYC is a more volatile asset and as such has equal parts to outperform or go bust depending on Yuga's execution.
Punks however will always carry value due to their historical significance.
@MoonOverlord The most understated part has got to be the fun factor.
The amount of technical analysis required for shitcoins vis a vis illquid JPEGs cannot be compared.
@zjbrenner Yep, would have to confirm with the chain, but anecdotally would agree that the increase in transactions is attributable to the $BLUR drop.
Haha, don't think we'd see a lot of new speculators anytime soon, but innovation fuelled mass adoption? ππ€«
@punk9059 Imo, its dependent on whether or not there's been a fundamental shift on the long term success metric of the project (ex: Pudgy Penguins' revenue diversification).
Short term pumps are historically absent of any such change.
@alexlin@joecarmtv There are two kinds of NFT community members:
A - Members that benefit their community because of their ownership (@neymarjr)
B - Members who benefit from the community by virtue of ownership. (@ThGoodKnight)
Current NFT ecosystems socially recognise A whilst foregoing B.
@sevensevensix The most underrated value proposition by far is product evangelism.
Grassroots, non-sponsored advocacy is far and large an extremely under-sold benefit of having strong community members.