As the weekly close of Bitcoin paints a fat green bar, we celebrate with others we may have never met before. We form close relationships with people whose only picture of us is probably our favorite NFT. Our future friends and workmates may never really know how we dress or what we drive although they may know what NFT project is our favorite. We work and play with increasing more hours a day online and individuals find new ways of interacting with peers and defining themselves. NFT culture is growing exponentially, for example, Twitter verified NFT can prove actual ownership. Warner Brothers’ new Matrix NFT was recently released and crashed the site due to demand according to Variety. Metaverse plays will only further adoption. NFT objects will be utilized every day In these virtual worlds defying our personalities and status. Many will become very exclusive just the way brands like Tesla and Gucci are and will be limited to only a few that have lived through these early times of first series NFT drops. This holiday season with inventory of many physical items being limited by shipping and shortages makes digital assets the perfect gift. Many retail investors will be purchasing their first NFTs and showing them off on social media afterward. Many of us will be flexing those NFTS on your technical lagging friends and family this holiday season, so get in the game guys!
My experience stems from buying NFTs on Cardono; I am a huge fan of this and I feel like many people will be entering these markets and interested in stories like this. I think that we can do a sample portfolio on CNFTs that could be very interesting. Thanks for stopping by happy New Year!
My main thesis is ETH flipping BTC and binary synergy of the two assets causing elongated bull market stretching into Q2 with reciprocal effects on Cardano ecosystem.
Cheers
Michael