Setting supply at 700 makes it nearly impossible for most WL wallets to actually mint, and it'll likely hurt secondary volume too. More supply = more eyes on secondary
That said, high supply isn't ideal right now either — but somewhere around 2222 or 3333 could've been a better middle ground
Bought more @tenthousandpixe
Merge your pixels into one
One pixel, bigger ad space
You can draw your pixel, add an image, a link, a description etc
https://t.co/Y7EnnENKX9
I’m not trying to FUD or say “I told you so.”
But it was somewhat predictable that things would unfold like this. The products TokenWorks has been launching are generally built on hype rather than being true consumer products
That’s why each new attempt tends to fail at some point. A model that is tied directly to a token isn’t really sustainable in the long run on-chain
Ten Thousand Tokens dropped from 0.15 ETH floor to 0.05 ETH
Here’s why:
People bought the launchpad news and pushed it to 0.15 ETH. Then the product released, and selling started
Most people don’t actually buy the product or the mechanism — they buy the narrative
After the release, there are still some missing points. There’s nothing strong enough to incentivize people to burn NFTs and launch tokens
So the real question is: why would someone choose to launch a token on Tokenworks by burning an NFT?
Bullish af on @v0punk
Thanks to the 1:1 source mapping, people can match their CryptoPunks. A few Punk holders have already joined and found their matches