Dan

It is human nature to collect and trade things. Collecting and trading digital goods is obviously something that a large portion of the human population will do. The digital goods that people will desire the most will not be the "obvious" ones that fit into a single box. It's the way the internet is already moving. Imagine the "norm" for teenagers today: • TV show host becomes the President. • Mr. Beast owns a billion dollar chocolate bar brand. • Ryan Reynolds buys a football club. • Apple produces TV shows. • Elon buys Twitter. • etc... The internet is global by nature, compressing our world into one without labels. We used to define people by demographics, like age and interests. Now, the lines blur. Labels like "gaming" or "brand" or "art" mean less to the newer generations. Everything comes together into a world without specific labels (a label-less world). That's why I think that NFTs and digital collectibles will likely be a massive industry with many sub-categories. For example, the fashion industry has always had many sub-categories: sneaker-heads, luxury brand buyers, merchandise, etc. Within those categories, there are even more. Sneaker-heads can be separated into sports fans vs. those who buy just for style. Luxury brands have different levels of how expensive or easy to get they are. "Merchandise" has billions of consumers connected by completely different interest graphs - while it's still mostly apparel. It'll be easier to flip a digital sneaker than a physical one. It'll be more profitable for the company that produces the digital sneaker vs. a physical one. It'll be easier for the consumer to collect & trade them too. Community-based NFTs (aka PFPs) are really digital symbols that represent ownership of internet tribes. These tribes all provide different experiences for their members. It's human nature to create competition around these tribes. That's where the NFT markets come in. The "floor" simply represents the demand for entry into that tribe. The same is true for the "floor" of a digital artist. The cheapest available collectible from their work is the most convenient indication of the current market demand. Most of you are looking for the NFTs that will be more valuable in the future. The question is... would any of those NFTs grow in value without the people that care about them? Maybe we should be looking for the strongest tribes. Most well-capitalized companies will survive. But without a tribe - they won't thrive. But I'm just a guy sharing my thoughts. Maybe I'm wrong.

New DeGods art