I need to quote this post from connorkirsten.lens as itโs just that good:
Unpopular Opinion: You don't need to time the market if you have a strong community ๐
Firstly, shoutout nulien.lens for this A+ meme. As part of our ongoing content contest, he'll receive 1,000 $XBG for it.
Now, time for a story... ๐๐
Back in Sept 2022, in the depths of the bear market, we decided to mint our genesis NFT collection, the Prometheus.
Now, keep in mind $BTC was at $20,000. It was a dark time. We announced a 1,111 collection at a 0.24 ETH mint price, around $400-500, which was insane then.
We knew what we were building would be really valuable and that our genesis holders would receive a good chunk of that value. The price made sense for us; we wanted to build with loyal holders from an early stage, and thus, we stuck to the plan.
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