ibothethird

$4,000,000 in total revenue! 🎂 Quai's chain revenue crossed a massive milestone of $ 4M, with over $ 177K generated in just the last 7 days. The revenue goes directly into $QUAI buybacks and burns. This is how Proof-of-Work scales.

At this point can everyone just admit that people love NFTs and they'll never die?

the art looks a lot better > $3000 than it did at $300

What NFT’s are we buying?

GIFT OF TIME 365 pieces minted at 0.02 eth after platform/marketplace fees, the artist maybe nets ~$10k. A few months of rent. A few months of bills. A few more months to keep creating. floor: ~1 ETH collection value: ~$840k even if the floor cuts in half, there’s still a ~$400k gap between what the artist was paid and what the market says the work is worth. that gap is the entire crypto art conversation. artists create cultural value upfront. collectors capture financial value as it compounds i think the artist deserves more. not entitled to more.. i just think creator sharing should exist when you create that much value.

The most successful people tend to have extremely high respect for others at the top of their field because they understand just what it takes to be there, while everyone else underestimates it

Love to see art coming back- but I absolutely HATE to see people simply talking about prices, daily flips, trajectory of price as though that’s the conversation to be had about a collection. I know it comes with the whole “Art’s back” territory, but fuck, gang, it sucks at the same time and looks absolutely gross from an outside pov. Folks wanting to adopt our space are gonna want to understand the culture and substance of the art and when they jump in to the surrounding conversation it’s all about “My God, Dumped at X but rebounded to X, you need to know art better…” it’s such a turn off. Do better.

Too many copycat NFTs are trying to launch With full of ai art or just changing basic things of existing collections easily in few hours. They are just sniffing the current trends, narratives to scam you. Be careful, watch your money & time!