Discover and read the best of Twitter Threads about #FrogFrens
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1/ I want to break down how @FrogFrens is planning on using the funds from minting because it's really well thought out and important for sustainability.
Most nft projects plan on buying into projects like $THOR, $STRONG, $PXT, $RND, $COMB, etc. Which isn't a bad idea...
Most nft projects plan on buying into projects like $THOR, $STRONG, $PXT, $RND, $COMB, etc. Which isn't a bad idea...
2/ The thing they currently largely lack is diversification. Meaning? If they only use % of funds in #nodes, their reward plan hangs on those nodes succeeding. If they don't, there won't be much to reward holders with. If they do, everyone wins!
But what happens if they fail?
But what happens if they fail?
3/ If the projects don't find other ways to bring in outside funds, the less likely they'll succeed. Not saying artwork isn't enough though!
This is where #FrogFrens has found a solution for that.
Here's their investment breakdown:
docs.frogfrens.co/whitepaper/fre…
Let's unpack it ⬇️
This is where #FrogFrens has found a solution for that.
Here's their investment breakdown:
docs.frogfrens.co/whitepaper/fre…
Let's unpack it ⬇️
