Doesn't matter if you are using a $100k PFP or a $1 PFP in my books. The fact you are even using an NFT as a PFP means that you believe in something that the rest of the world hasn't figured out yet.
This alone makes you a friend and entitles you to have your own opinion 🤝
A Guide on How to Trade $APE for Otherside. 🧵(1/9)
What you need to know:
- $APE DAO treasury =/= BAYC profit
- Pitch to VC of revenue* of LAND means revenue to BAYC.
∴ This drop likely is not LAND as they announced all revenue locked to $APE DAO, which is not BAYC profit.
Cryptoart Clarification for the confused:
The Collector does not collect a digital file, they collect The Token created by The Creator.
The Token contains metadata, digital file being one of the contents. The Token is unique.
Over the years, marketplaces evolved to deliver more seamless experiences, and the same will happen for NFTs.
Vertical-specific features & signals will help users find the right product, and marketplaces can even learn from users' behavior to determine what to surface.
The economics of NFT communities:
When an online community is fixed in size instead of growing unbounded, each member can directly increase the value of their membership (e.g. by building, marketing, or operating).
Fixed supply + increasing demand = increased per-unit value.