Kyle McCollom
@kyle
Yesterday's NFT volume was $5M. Token volume was $132B. 26,400x higher. Please keep telling me how NFTs have PMF though.
7 replies
4 recasts
29 reactions
Coop
@coopahtroopa.eth
NFTs do not have PMF But I think it's important to highlight that volume is not 1:1 when it comes to NFTs vs Tokens. Creators make upwards of 100% of proceeds with NFTs. Creators make (on the high end) 1% of swap fees with tokens. Treating them the same feels wrong - they both have unique purposes and can coexist in new and exciting ways
2 replies
0 recast
0 reaction
Kyle McCollom
@kyle
Makes sense. My point is that NFTs don’t have PMF, and that those building in the NFT space need to think much bigger.
1 reply
0 recast
0 reaction
niftytime
@niftytime.eth
NFTs saw $500M in trading volume last month Sort of awkward to talk about PMF for a tech standard that continues to see non-trivial market volume and a large and growing addressable mkt instead of specific projets that make use of NFTs but curious why you think NFTs don't have PMF
0 reply
0 recast
0 reaction