FFV
FFV
ETH+2.30%
Always been kinda bearish on NFT based L2s Why? Well for one big reason: Bag bias For the most part ppl heavy into BAYC, Azuki, doodles etc etc don’t really participate on abstract, it’s mostly just penguins Same with ApeChain Same with Animechain Same with $DOOD And for the obvious animosity, they have feuding between floor prices One project that launched during the deep bear on mainnet was GoodVibesClub Those have been selling for 5-18 ETH, WAY above floor and one of the big reasons for that is because they’re on mainnet, where EVERYONE participates With NFT based L2s you cut a lot of participants off for even looking because of their bag biases launch on mainnet and you’re inviting all communities. I don’t like it and even tho most don’t admit it, that’s how most of us navigate, only loyal to their tribe.
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