1BusyGuy
5.3K posts
Here is some Utility NMKR has right now or has had over the years: - Reduced fees for every NFT you buy through NMKR - Multiple Governance Votes on governance.nmkr.io - There have been buybacks from NMKR Studio revenue for 6 months - If you log into studio.preprod.nmkr.io you'll see that we've experimented with binding the amount of storage for IPFS uploads to $NMKR - There have been many Mints where holding $NMKR lead to reduced fees from both our own projects but also partner projects But of course, you're right. This is not quite the utility we originally outlined in the Whitepaper. The Artist Verification System exists on paper and we have a clear plan for it. But honestly, it doesn't even matter if we release that now because the NFT market collapsed, half the projects we outlined in the whitepaper have failed for us & we had to shift our whole focus massively. NMKR Studio is barely making enough money, so no matter the utility we release right now, it won't be enough to drive more adoption for the $NMKR token. There is good news though: We're in the middle of pivoting. As you can tell we've experimented with a few projects this last year, launching finest, building Masumi, adding more chains to NMKR Studio, and even creating ADAmail. Trying to find a new direction that we can go into, seeing if that direction works and then going all in. We believe we've found that direction now and are in the middle of pivoting. The $NMKR token will play a crucial role there. But it takes time. Even if you comment every day under the posts, it still takes time. I wish it would all go faster but it is what it is.
