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10 Uncomfortable Truths About The Jpeg Game You Probably Don't Want To Hear...(But Should)

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1/

🖼TRUTH # 1: We Are *Not* All Gonna Make It

#WAGMI has become a popular meme in this space, but the reality is, it's 100% bullshit. You are playing a zero-sum game.

Act accordingly, or get rekted.
2/ The jpegs are like a modified version of (3,3) which is a bastardization of game theory, designed to provide exit liquidity for those with inside info

Your saving grace here is buying projects w/ strong teams & communities who consistently deliver additional value to holders
Read 55 tweets
"DELIST, OR CRY LATER U PAPERHANDED BITCHESSS!!🤬"

The (Sometimes Ugly) Truth About "Community" In The #NFTCommunity - a 🧵👇
1/ A lot of projects in this space claim to be "Community Driven" - they use community as a buzzword because everyone says you need it for a project to succeed.

But after degen'ing into many projects over the past year, it's clear many projects don't walk the walk when
2/ it comes to actually building the kind of community that can take a project from mint, to Valhalla.

That's why so many projects will see an initial spike in volume and floor price, then a slow bleed-out once the volume dries up.
Read 52 tweets

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