crypto

Bull case for NFTs this cycle is 1) non-fungible media make them more fun than fungibles 2) belief that they will be more Lindy on a decade long horizon (ie crypto hodler mentality)

Bear case is 1) memetic speculation is reduced to its purest form in memecoins 2) decade long horizon is way more of a wealth sink 3) Doge is an example of Lindy memecoin

From the perspective of a crypto application, I'm definitely bullish in the long run. However, when it comes to specific NFTs as appreciating assets, only a very small fraction are likely to possess a decade-long Lindy effect. 

It's true that NFTs seem to have lost some hype recently, but just a few months ago, a survey by coingecko showed that still 63% of crypto users remain bullish on NFTs in the long term. The most promising use cases are gaming and metaverse items, but actually very few games can sustain a ten-year lifespan. Personally, I think the NFTs with the best chance of achieving Lindy effect might be in the art sector. 🤔