Discover and read the best of Twitter Threads about #UtilityNFTs

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1/n @mcuban came back to the @BanklessHQ Podcast. Since the last appearance on the podcast he researched, invested, and given the market, lost a lot of money. Nevertheless, he has lots of optimism about the future of crypto. Learn or get burned 🧵 Image
2/n He made it through the last bear market & he clearly sees the difference between the 2017 crash and the 2022 #bearmarket: Back then it was an #ICO mania but no game-changing applications. The interest was mostly getting in early & lots of hopium.
3/n "First came the innovators then the imitators then the idiots": If something worked on #Ethereum it was ported to other chains or L2. Imitators need lots of volume to survive. That is why some turned into idiots with unsustainable business models. We all know some examples…
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