Think about the amount of fees currently being captured by DEXs on fungible token trading (Uniswap, Jup, Meteora, Axiom, etc. etc.). My thesis on NFTStrategy coins is that they are this in many ways for NFT trading except every bit of the fees is returned to the NFT holders themselves. I think that they will swallow a large percentage of all speculative trading volume, holdings and market cap on their respective NFT collections. For some collections that is upwards of 50-75% MC, and for most PFPs is at least 20-40%. I think this is a utility of them that most haven't even considered. They essentially operate in many ways like a decentralized, autonomous perp DEX for NFTs will a positive feedback loop back to the NFT collections that drives value higher. Whether people buy or sell the token, the volatility drives value back to the collection. It's a win:win positive feedback loop. I am becoming more convinced by the day that this will change the entire landscape of NFTs,...
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