If 14% of Americans hold crypto, what % owns outside BTC, what % owns NFTs, what % has multiple accounts
Folks don’t understand the impending price shocks that are going to come from a yield bearing asset that has a float of only 10,000. Blue chips with great tokenomics are going to offer elite returns.
my recommendation, find great teams with great community support from big holders/communities, make sure the artwork is original, not a BS copy cat, make sure the artist isn’t just some guy hired off fiverr, make sure the dev has had prior crypto experience or silicon valley tech at the least, make sure the nft has a roadmap that focuses on a utility that brings the community together and creates a network with the token being used to power the digital economy, make sure the tokenomics are sustainable, make sure issuance is small enough for the utility (and has a burn rate) that users have to go on the secondary market to speed up the network effects which will drive demand for the token on the secondary market, make sure the discord doesn’t talk about or care about the floor price, make sure the team doesn’t waste their money on sweeping floors or buybacks and burns.
bears deluxe has the potential to hit every single note and become a future blue chip. Supducks to a lesser extent.
anonymice have elite tokenomics and are worth looking at as a barometer of potential. Follow the bears roadmap as well. Each of these projects takes the kongz playbook and evolves it beautifully.
if you’re looking at derivatives dao’s, follow what mutantcats is building. Buying blue chips should be done from a marketing standpoint to bring attention to the project while backstopping the token and driving value for the underlying nft. It shouldn’t be the only thing in store. There should be a network and sustainable economy being built.
these are brands in the making. 95% will fail. But the ones that last will have created an entire metaverse around their jpeg.
get on the discord if you’re new and ask as many questions as possible. I’ve gotten some private conservations with some projects, they will open their dms to you if you can show value to them.