Why do some people buy more than one Phaver-up NFTs?
At first, it might seem like a way to earn more points and level up faster, and that’s true to an extent. But there’s a bigger picture.
For example, Instagram has over 1 billion active users, and Twitter has around 400 million. Phaver, on the other hand, has less than 100,000 users right now. This shows that Phaver is a young project with a lot of room to grow. There are only 2,000 Phaver-up NFTs, and the value of these NFTs will be directly proportional to the number of Phaver users. Remember that the real value of this asset depends on the survival of the project.
Now, imagine if Phaver’s user base one day reaches just a quarter of the average social media platform’s user base. How much do you think the price of Phaver-up NFTs would be then? 0 reply
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