We are still early overall as a space.
When crypto is an actual thing in the real world, proper mass adoption beyond “retail”, those people will need a community to associate themselves with.
Big up if you are still in NFTs, I’m almost certain people will return to JPEGs.
It’s inevitable. Show up everyday, contribute to your community. It’s only a matter of time.
Don’t fade.
BREAKING 🚨 Finally some good news for NFTs!! Magic Eden buybacks are LIVE.
I know it’s hard to believe but 30% of ALL secondary marketplace revenue on Magic Eden will go towards buybacks.
- 15% towards $ME buybacks
- 15% towards NFT buybacks
For example: If Sensei NFTs generates 10k SOL in volume on Magic Eden, 15% of the fees generated on that volume are used to sweep Sensei panda nfts from the floor.
Those NFTs then go to The Garden of Eden (publicly visible wallet) in which the NFTs will be held forever.
(This applies to all NFT collections)
Buybacks are automated btw. As soon as enough fees are generated to buy a single NFT, the sweep goes live.
Let’s hope this move can increase volume and attention around Solana NFTs.
Regardless of the outcome, I’m very grateful and bullish on the intention behind this.
MAKE NFTS GREAT AGAIN!!
I have done the research so you don’t have to.
Here’s a step by step guide to happiness:
1/ open a long perp with the amount of a @DeGodsNFT floor price equivalent
2/ wait for a 2x profit
3/ close your long perp for profit
4/ head to your favourite marketplace to buy a degod
You are welcome.