cst

the NBA is now basically about who’s better at drawing fouls

Monday Morning Thoughts: NFT’s need 2 major culture shifts. Both are tied to the WL distribution phase of projects. The first shift start with FOUNDERS. They need to become far more intentional and ACTIVE with the WL distribution. WL allocations should be about finding aligned people who genuinely fit the culture and vision of a community, not just using distribution as a short-term marketing tactic to inflate metrics and attention. This is the most valuable asset you have and represents your entire branding for your community and culture…you MUST OWN that process. The second shift is tied to consumers. needing to stop tying their entire relationship with a project to whether or not they receive WL. Too many people view WL as the investment thesis itself instead of asking a much more important question: “Do I actually believe in this founder/community long term?” If the answer is yes, your investment on secondary is worth far more than whatever WL comes next on your radar. The projects that will last are the ones where both sides understand that the real value has never been the cheapest possible entry. It’s access to the right people, communities, and ecosystems long before the broader market recognizes their value.

do you understand what happened to obsession.. a 26 year old former youtuber made a horror movie for $750k. it opened to $17.2m on may 15. then something happened that hollywood analysts called "really unheard of" second weekend grew 30%. Every single horror movie front loads, every movie loses 50-70% in week 2, and this one went up. - best sophomore weekend for a horror movie ever recorded, beating the record heart eyes set last year - on pace to cross $80m worldwide in just 10 days, already 100x its budget - a24 handed curry barker the entire texas chainsaw franchise with extraordinary creative control before the film opened wide - blumhouse already shot his follow up with aaron paul and bryce dallas howard it cost less than the catering budget for the mandalorian and grogu

you named the prequel. we shipped it. now let's bring NFTS back 🫡