@KyleNFTX Genuine market and demand needs to be generated rather than churning out new projects -> pump -> dump & repeat. Community behaviour must change. Projects need more thought and this is reflected in greater community hesitancy to blindly mint. Greater fear. Boom is over.
@KyleNFTX My take, greater maturity in the community & market. NFTs are producing like fast fashion with extreme market saturation. There needs to be greater recirculation or utility. An economy by which every1 gets paid cannot work. Too many people in the space for $ and nothing else.
@NFTLlama created for founders. Legal implications for misrepresentation, chargeback ability. Vetting of funds received from marketplace owners. Real accountability, a deterrent to prevent this behaviour. (2/2)
@NFTLlama So much is wrong in this space. Namely the reveal lottery and minting as a concept. Minting should be done by founders/artists and insta listed on OS, where people purchase what they desire and income is via market sales. Market places KYC’d and contract (1/2)
@mooncat2878@Ukraine Powerful.
But please don’t forget the same atrocities that are taking elsewhere. Xinjiang and Palestine. Stand with peace and prosperity for all.
For every 200 Retweets we will giveaway 1 HYPEBEARS #NFT and donate $100 to the #UkraineCrisis Relief Funds.
Let's all show our love and support to them, especially to our team member @yura_elkin who have to constantly seek refuge in the bomb shleter while working💙
@g0d_nat This isn’t typical bear conditions based upon charting. This is literal warfare that couldn’t have been reasonably legislated for. Recovery may come. Global hyper inflation and economic collapse is the biggest market risk (08 equivalent). War is a crisis separate to that.
@mike_peartree @ameerhussain@alienfrens@garyvee Supply and demand really. NFT community needs to establish a level of maturity and knowledge before moving to a better place. People are cash hungry and crypto is the best legal avenue to extract (‘scam’) cash with no accountability or repercussions. Insanity.
@DallinNFT@ryandcrypto@PlayImpostors@Pixelmon OR mint at a fair price, deliver good art or future utility which creates steady and consistent market demand which results in organic growth and pays the project well via royalties which can be utilised to support continued investment? #cancelDAs
@ChakerZiri @ryandcrypto Will caveat that with this though. So@many project DGAF and are there to clear ETH at mint so prefer discord hype monsters, Twitter RT’ers etc. Normalise avoiding those projects, cancel the directionless hype machines.
@ChakerZiri @ryandcrypto Literally just tweeted this and then seen your reply, agree - 100%. Ban the gm, gn people from discords. Talk project only, discussion with substance. No holding for etc, 5ETH floor chat. Real discussion, real substance and interest. Easy way to identify supportive investors.
@AndreasCardi@ryandcrypto This x100.
Maybe I’m getting miserable in my old age but people sharing their life stories for 3 weeks to then disappear post mint isn’t ‘community’. Build something people want and see value in, cut the bullshit and everything takes care of itself.
@KyleNFTX @ryandcrypto Some of the questions I’ve seen in Discord have blown my mind (post mint, public auction). Media hype, celebrities etc is sure to keep the fire burning for a while. Squiggles and Cereal community response gives me faith on the integrity of a significant % of those in the space.
@KyleNFTX @ryandcrypto We’ll reach saturation point, where market begins to wise up and this behaviour won’t be profitable. Buyers become more savvy and the WL flip concept dies - sooner the better IMO. (2/2)
@KyleNFTX @ryandcrypto WL culture is bizarre. I die a little inside seeing people relentlessly grinding Discord ‘gm’ etc. people have no self worth. And, importantly, no interest in a project besides contributing to a hype machine to pump floors and flip. Rinse and repeat. (1/2)