Nico.cast🐱
@n
Now that SOL grifting season is over It’s Base NFT season
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JAKE
@jake
Are you familiar with @basecolors I believe the most successful NFT projects on Base will be fundamentally different from those that did best on Ethereum last cycle because txn costs are negligible so large supply low price NFTs make more sense and enable much larger communities to form. Happy to gift you a color.
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Nico.cast🐱
@n
heard about it a while ago! do you see a different type of successful projects emerge with low tx cost instead of 10k? For exampls low mint cost, infinite or procedural generations
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JAKE
@jake
yea for example there are 16,777,216 base colors, 1 for every color on the internet according to the universal standard rgb model (hex codes), and each costs 0.001 ETH to mint, but it seems pretty obvious something like Bitcoin orange with the color name "Bitcoin" (color names are 1/1 as well) would be much more valuable than a random shade of blue with a not that special name like "NileRiverBlue" or something, so different from classic ETH collections in supply, price, and range of values, among other things. I'd expect at least those 3 differences for NFTs on Base
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