The health of an NFT collection is visible via the concentration of contributors versus extractors. If a community is largely asking what founders are doing for them, versus providing additive value to the founder, the project is in a downward spiral.

Benevolent internet pseudonym. AKA @boredelonmusk elsewhere. Founder of EDISON and proprietor of fun. https://edison.wtf/


There are many examples you can call out presently in a downward spiral. I won’t do that. But a few positive instances I’ve observed recently:

-Farcaster (duh)
-Forgotten Runes
-Opepen/Checks
-Solana Saga
-Pudgies

I must admit, I learned that one the hard way, as a collector. Blind enthusiasm prevented me from hearing the warning calls