John

I did everything “right” for a traditional finance career. Master’s in Finance. Corporate background. Models, structure, Excel. Still, something felt off.

@Genuinrisk great thread (and corrections)🤝

nice write up but some parts are factually incorrect. how do I know? I was there… sit up kids, let’s go down memory lane together. PHBT was a novelty! it was a radical idea that brought notoriety, eyeballs, curiosity jpeg enthusiasts and more…. but the reality once implemented was quite the unintended effect was it the smartest move? Nope. Did it cause floor price to moon? No, no , and no. what then did it do? it was a bold idea, it brought attention, eyeballs, curious Jpeg enthusiasts and it molded diehard @DeGodsNFT holders! what then was the smartest move? We’ll get to that… x.com/degodsnft/stat…

stop the bots, yes. i don’t agree completely tho, i can see why you think so but when DeGods did this it was only one project, and the most discussed blue chip project of them all. if on the other hand, a marketplace, let’s say ME, would do this, volume might tank and drag all projects down with it.

@JohnChain Tbh, all solana nft marketplaces need to do this to stop the bots from undercutting. It’s literally the reason why sol nfts haven’t made it.

one of the smartest moves DeGods ever made: the “paper hand bitch tax”. 33.33% tax if you sold below floor price. sounds crazy, but it really changed everything.

@Senscr i can see why, but don’t misunderstand me. I believe in DeGods with passion, DeGods are dope asf. but NTFs in general comes with a huge risk, especially since the hype is completely gone. almost all projects slowly goes towards zero, DeGods may or may not be an exception.

@JohnChain Idk why but I found this statement funny af 😭

@Senscr if you have some sol to lock and eventually even lose, do it. 100% worth it imo.

@JohnChain I need me a degods

@CryptoYDao @de_dougdotsol @y00tsNFT @MagicEden welcome to the community brother

I did this, it was hard to choose because there are so many cool @y00tsNFT , welcome me to the club! And thanks everyone for support.

@hellerincrypto Let’s connect bro

I am a man of my own word If you reply, I’m following you

@DeGodsNFT box 50/50 secured🫡

Starter Pack 2.0 is Live Now. degods.com/starterpack Each box is uniquely numbered 1-50. Very limited. Good Luck.

@JETxSETx100 would absolutely love to see a fiwb-move and bring the tax back

@JohnChain IT’S TIME

@DIINERO___ agree🤝

@JohnChain Run it back

@notplutosol yea it should, bring back the phbt🫡

@JohnChain should be the norm by now 🤷🏼‍♂️

@jcesl2 good times

@JohnChain bring back phbt

most projects try to control price. DeGods controlled behavior. that’s a much more powerful lever. FIWB.

DeGods didn’t just build a community. they engineered one through incentives. something degens in the trenches still value and remember.