We're being sold the dream of making $4,000 from a $0.30 mint.
But the same scenario won't happen again.
The only way that the price of an NFT pumps:
A surge in demand with limited supply.
But here's how Zora mints work:
Once an NFT hits 1,111 mints, a 24 hour countdown starts with unlimited mints.
With all the shills on Twitter about any NFT:
The supply shoots up drastically.
But the price will only pump if someone wants to buy it.
(zachxbt's NFT only had 2.8k mints)
I'm not interested in speculation, so I'm avoiding this completely.
Also because I suck at trading.
Yes, it's 'only' just $0.30 per mint or $31 for a max mint.
But I rather use those funds to grow my on-chain footprint elsewhere instead.
I still believe that Zora will favour creators more, and here's how I set this NFT's price to just $0.01:
x.com/FIP_Crypto/status/1797627113757172165
fipcrypto
But the same scenario won't happen again.
The only way that the price of an NFT pumps:
A surge in demand with limited supply.
But here's how Zora mints work:
Once an NFT hits 1,111 mints, a 24 hour countdown starts with unlimited mints.
With all the shills on Twitter about any NFT:
The supply shoots up drastically.
But the price will only pump if someone wants to buy it.
(zachxbt's NFT only had 2.8k mints)
I'm not interested in speculation, so I'm avoiding this completely.
Also because I suck at trading.
Yes, it's 'only' just $0.30 per mint or $31 for a max mint.
But I rather use those funds to grow my on-chain footprint elsewhere instead.
I still believe that Zora will favour creators more, and here's how I set this NFT's price to just $0.01:
x.com/FIP_Crypto/status/1797627113757172165
has been a great inspiration to everyone in crypto and i'm to mint max his collect!