Empire Podcast

My notes from the NFT episode:
https://www.youtube.com/watch?v=VK4yakUIDpQ

2. We'll probably see a rotation back to NFTs because it's not as cool to flex your coin bag but flexing your NFT PFP is ok

3. @batsoupyum on twitter for the original photo + input from DeeZe and geebz

4. DeeZe thinks that memecoins are now its own sector of crypto that you should have exposure to; no longer something that you can ignore until the end of the cycle

5.  Opinions on this NFT cycle:
- gaming has high probability of success
- punk buying could be a signal for NFT markets coming back 
- PFPs went from a vibes-based to more like a brand
- Past bullish signals haven't had the same effect on NFT prices (Gary Vee announcing partnerships, alien punk sold for record amount)

6. NFT allocation in 2024:
- figure out what kind of investor you are (targeting monetary gains or wanting to support artists)
- blue chips on ordinals (nodemonkes, puppets, quantum cats), category still nascent and more likely to accrue value than ethereum nfts

1. Memecoins are very similar to the NFT bull run in 2021 in terms of playing the attention game

Trading volumes for coins are 100-200x of NFT trading volumes

Ethereum onchain coins: 2.5B
Solana coins: 1.7B
Ethereum NFTs 25m
Solana NFTs: 8m