@EmJaeCaer I agree with everything your saying here regarding economics. I also agree that the space if full of bad actors, scams, pyramid schemes and rug pulls. I also believe there are some interesting projects and use cases occurring within the space outside of just PFPs and status.
@EmJaeCaer lots are scams - some have bad economics - some are genuinely interesting atleast to me - but its more about the use case for this tech is expanding imo from just being PFP NFT's.
@EmJaeCaer I mean yeah sure some of the P2E setups can be like that - own a NFT you can use to stake players and earn while they play. Others is just straight passive income from online casino profits or game machine profits. Some give those in raw eth monthly others create there own token.
@EmJaeCaer Some of the more popular utility NFTs I am seeing generating this are based around online gambling and casinos. P2E style or simply profit share from casino's being launched. Ethics aside the concept is interesting.
@EmJaeCaer I feel like there are lots of interesting use cases and concepts that could be discussed around DeFi and Blockchain but we always seem to come back to PFP NFTs and right-click save π
@CozomoMedici yeah this NFT space is wild - Ccongrats on the success! I'm keeping my eye on this Kobe NFT project at the moment @KB24NFT among a couple othersπ