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degen chad πŸŽ©πŸ€«β“‚οΈ pfp
degen chad πŸŽ©πŸ€«β“‚οΈ
@degen-chad
I’m going to serve up a dish 🍽️ for you to chew on before I step out of the Tavern for some football 🏈 NFT floor prices are a myth. That’s just the current price of the shittiest NFT in the collection. They are illiquid and can all go to zero. They also generally have no real utility. Now let’s look at Moxie fan tokens. They have a literal built in floor that rises every day with buy and burn. A rising floor with no ceiling is the definition of positive asymmetric risk. They are always liquid. There is no rug to pull. They have the actual utility of boosting your social capital as well providing you access channels and other token gated activities. Think about this… πŸ€” This is why I had zero hesitation locking
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Emily πŸŽ©πŸƒπŸ– pfp
Emily πŸŽ©πŸƒπŸ–
@mahla
Locked that’s mean we can’t trade and no moxie burn
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degen chad πŸŽ©πŸ€«β“‚οΈ pfp
degen chad πŸŽ©πŸ€«β“‚οΈ
@degen-chad
Locked jus means they are locked, but you are benefiting from the burn
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