Dan Romero pfp
Dan Romero
@dwr.eth
Better articulation Two ways to increase asset prices in crypto: 1. attention 2. usage Attention is easier but fleeting. Few assets can create ongoing attention. And even in that case, hard to compete with the attention / memetic Schelling Point of Bitcoin at scale. The way to create ongoing value is transform attention to usage. But usage requires apps. Those can be onchain protocols, but likely also need retail / consumer apps to continue to scale. Attention without usage eventually fades for everything else except Bitcoin. Half-life can be long.
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Dan Romero pfp
Dan Romero
@dwr.eth
Reasonable that blue chip NFTs like Punks or Fidenzas are pure attention games. But remains to be seen how much they can scale in terms of total market cap.
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Astrid Valkyrie pfp
Astrid Valkyrie
@astrides
I totally agree! Blue chip NFTs def have the potential to scale up, especially as more people find value in them. Excited to see how the market evolves!
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