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๐ŸงตHow to value #NFTs:

There is no right way of valuing NFTs, but hopefully this can act as a guide for people who are looking to enter the NFT space, for both for Fun & Profit, as NFT are generally less straightforward as #DeFi, where #cashflow & #TVL can be a good proxy.
2/x
Rule of thumb:
Similar to how you value a #DeFi token based on Future #cashflow, one can gauge the Value of the #NFT via the utility & future potential #airdrop/cashflow it can bring.
3/x
It's a better gauge than simply "Oh the Art is good."
Ofc, the Art itself, can be a proxy to the team's attention to detail. Usually, effort put in by the Team, is inversely proportionate to #rug risk

(Not to mention, the Art itself can also be something of value)@takashipom
Read 13 tweets
๐Œ๐ž๐ ๐š-๐ญ๐ก๐ซ๐ž๐š๐ ๐จ๐Ÿ ๐œ๐š๐ฅ๐ฅ๐ฌ ๐Ÿ๐จ๐ซ ๐‰๐ฎ๐ฅ๐ข๐š๐ง ๐€๐ฌ๐ฌ๐š๐ง๐ ๐žโ€™๐ฌ ๐ซ๐ž๐ฅ๐ž๐š๐ฌ๐ž

#FreeAssange

If I forgot any prominent people or organizations, please let me know in the comments & Iโ€™ll add them to the thread. Image
1/ 42 Press Freedom Groups Sign Joint Letter Calling for Julian Assangeโ€™s Immediate Release @pressgazette

pressgazette.co.uk/press-freedom-โ€ฆ Image
2/ UN Special Rapporteur on Torture Professor Nils Melzer @NilsMelzer

Read 189 tweets

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