Complexity

Often see people talking about the thriving culture on Tezos and why more collectors should collect there. While the art culture over there is great, the opportunity cost of using a base currency that raised way too much during the ICO days and has failed to deliver real value to holders is often too big to ignore. False narratives around “green or clean” NFTs surely didn’t help. Anyone holding XTZ over ETH or BTC has gotten absolutely shafted on value creation since 2020 shitcoin summer. Given the weakness of the chains currency, it doesn’t make sense for collectors to spend a large portion of their capital in their ecosystem. I look at my tezos NFTs fondly, but they also represent less than 2% of my art collection and likely will never be much higher than that.

Often see people talking about the thriving culture on Tezos and why more collectors should collect there. While the art culture over there is great, the opportunity cost of using a base currency that raised way too much during the ICO days and has failed to deliver real value to holders is often too big to ignore. False narratives around “green or clean” NFTs surely didn’t help. Anyone holding XTZ over ETH or BTC has gotten absolutely shafted on value creation since 2020 shitcoin summer. Given the weakness of the chains currency, it doesn’t make sense for collectors to spend a large portion of their capital in their ecosystem. I look at my tezos NFTs fondly, but they also represent less than 2% of my art collection and likely will never be much higher than that.