There are 20K Nakamigos, yet the floor price is over .2ETH with over 5,300 unique wallets. People regularly pay 10-20x premium on floor.
Reducing supply under 1K is not the answer. Onboarding the next generation with aligned incentives and culture production is.
Nakamigos.
Gonna say something out loud that everyone dances around and no one wants to admit about this space.
Long term, pfps in general are useless UNLESS you get supply down substantially and then they become collectibles and scarce. I’m talking 500-1,000 NFTs per collection and that might even be too high.
AND WE DON'T EVEN HAVE A NFT STRATEGY!
What's everyone else's excuse?????
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