“I go so far as to say that 90% of NFTs produced, they probably will have little to no value in three to five years. You could say the same thing about early internet companies in the late ’90s too, though” - Coinbase co-founder Fred Ehrsam.
Which are the NFT projects that will thrive in the long term?
1) Those that add real utility to holders.
2) Those that play on social status, gamification, and other deep-seated human drivers.
Which ones could these be?
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Jobs_
2021-08-18
• 6 months ago
Speaking specifically about art:
✊Projects that foster a sense of community have utility not perfectly seen on the surface.
💯All art doesn't need utility, however the community factor does add an addictive element of helping others.
🥰Seeing others succeed feels way better than I would have ever imagined.
@URCORNY @Foxen @illumemenati
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ClementBourcart
2021-08-18
• 6 months ago
Nice one!! Community is definitely a driving force in all this, for sure. Look at Vee Friends and their Discord!
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