Cass Street
3.3K posts


@NFT_Shooter I think it will happen, just not maybe like we think. “Web3” will be for everyone when the barriers to entry come down and people don’t think about it as “web3”, but just use it for everything bc it’s easier. Tech will survive, most projects prob won’t.
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@DaveToronto_xyz @kevinrose Should consider that it’s a core goal the team has to make the nfts more valuable price-wise.
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@DaveToronto_xyz @kevinrose Exclusive. For instance, projects may not directly have rising price as a goal, but may be assuming or planning for the price to rise based on the goods and services they offer. Again though, even that is tricky bc it’s indirect - would be good to know from teams whether ppl -
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@kevinrose (1) It seems to me most people who bought into Moonbirds likely are one or more of these 3 camps - 1) Community 2) Art but mostly I would say most people in the community here are interested in the overall ROI.
Everyone wants to maximize their return on investment
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@DaveToronto_xyz @kevinrose Didn’t mean to direct this at you kevin - just putting my general nft thoughts and things i ponder here
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@DaveToronto_xyz @kevinrose I’m asking this generally, and i understand projects can’t currently really be investments/securities for legal reasons, but i do think many buyers think of them like that, and since that’s the case, should they be thinking of them like that 🧐
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@EB7 This is the biggest point. We put a lot of money in, but we didn't actually "invest"; We (mostly) just paid a former holder, and we have no control.
The tide is rapidly going out, and now we'll have to see which projects have the capability of turning into real businesses.

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A 🧵 w/ @JPLUSPV On the complacency of NFT Holders and the constant failures of founders and projects
The blind following will kill the space.
In order to understand why we are in the place we are and teams that are so lackluster are still thriving and getting backing we must
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If you are a @moonbirds who likes to play chess, shoot me a DM, we have a chess club on chess.com ♖🦉🥃 @proof_xyz

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@azfnft Really interesting thread, thanks! I’d guess a large percentage of nft holders, while knowing they’re not officially equity holders, invest bc they feel the projects will financially reward them for holding in one way or another as the utility.
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@0xWave The anti bayc crew interestingly enough also argues by calling out logical fallacies, while simultaneously using the same fallacies & false correlations to support their points. They create a “damned if you do, damned if you don’t” situation, and spin things to their narrative.
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As one of the earliest apes and someone who explored 4chan and the dark side of the internet as a youth, the claims about BAYC have always been obviously laughable.
Moreover, I helped establish content/conflict moderation in BAYC disc and the focus was always on inclusivity
GordonGoner (Wylie Aronow) 🍌@GordonGoner
Made us feel like it was time to come out and put an end to all this. @team_69582/a-letter-from-the-founders-678e5a3431e7" target="_blank" rel="nofollow noopener">medium.com/@team_69582/a-…
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