I think we saw the PFP top. I dont see a single project that you can flip profitably after launch right now.
Regardless. NFTs that come with
-Passive income/utility
-Private community access
-Functionality in ecosystems
Will be the new trend. Games intersect with all 3.
Derace Horses/Netvrk land for example
-Horses generate income via racing. Netvrk land renting/etc
-Elite horses will be a club/netvrk land is exclusive
-Both are required to operated in the eco system. The quality/amount determines your level of operation.
Just like any real world investment, we are gonna get back to the basis of revenue generation and utility as the basis of MOST (NOT ALL) NFT investments.
By after launch I MEAN, that PFP launches are going UP then just dragging down. If you buy in after the initial bump its a dead declining asset thats hard to exit.
I can think of one PFP thats increasing in value after its initial hype wave right now.
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Last and final warning, fucks not I give after this.
Me and @elliotrades mint will be WHITE LIST ONLY. On mint day the contract will be verified. If you buy something and are not on our verified whitelist you've been scammed.
Your decision are on you.
@elliotrades Granted I believe the above is a scammer passing fake history between wallets.
That said.
If you want to recklessly buy anything on Opensea, regardless of verification from us...
You are going to get reckless non verified results.
Idiots who cannot behave like adults are making me have to drop character and behave like a nanny taking care of children. Enough.
This my last warning. I won't say this clear again and will be fully back in cryptic mode. There will be zero help given to people who wont listen.
Compare the price growth of BAYC vs DOGE POUND...Both lollygagged first 50 days.
Was day 50 when BAYC started to pop. Its day 50ish right now for DOGE pound and the floor is sky rocketing.
Good projects don't blow up day 3. There has to be clean distribution. Then supply shock.
If you look at twin flames/Punks...Projects whove gone the distance there was substantial time while holders increased ORGANICALLY while price was stagnant.
Then POP.
Or I mean...just go buy an nft on its literal 5th day out at 7 eth cuz the nft shill crowd likes it.
Slow building via ACTUAL interest is needed to create HODLERs.
People that fomo into a project, also dump the project because the floor gives in.
This is why on1s floor dumped from 7-9 eth to 3.
Peeps been buying 1-2 doges at a consistent price for months. Now they arnt selln.