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Beanie
@beaniemaxi
I like finding special sits that can result in ridiculous returns (or losses). I talk my book. THIS IS VERY RISKY. Read pinned post. Venture: @gmcapital_
가입 January 2021
3.5K 팔로잉 중    223.9K 팬
This is the core problem with today's crypto scene. There's actually negative value being placed on building and loyalty. Even in cases where founder and teams have acted with the best intentions of the community and not at all extractive. The market is not rewarding good people.
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Do you seriously think a brand new NFT project is worth more than one that’s spent four or five years building a real moat? The market might price it that way for a few days or weeks, but that doesn’t make it true We see the same cycle constantly Mass hype, endless shilling, a scramble to mint, the reveal, then a couple of weeks later everyone has moved on to the next new thing It’s been happening for years Most new projects eventually join the tens of thousands that are forgotten and trend towards zero Sometimes the founders are scammers who understand the cycle and use it to extract as much money as possible Often they start with genuine intentions but get rugged by the process I don’t think this will ever change Excitement, speculation and gambling are part of what makes NFTs what they are The mistake is confusing short term attention with real value When you’ve been part of an OG project and lived through multiple cycles and metas, you understand the game and become fairly immune to it all No individual project can fix the wider market All you can do is turn up every day, stay relevant, create good work, build your own identity and make what you’re building more valuable over time Time is the greatest filter in NFTs Anyway, what are we minting today? 🙉
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