Fan Token Tavern Ⓜ️

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… 🤔 

This is why I had zero hesitation locking

Im a bit of a degen, but also a chad.
Base Maxi




Onchain gaias disagree. 

But otherwise my experience with nfts is pretty much painful so I have to agree with most of this 😅

Crypto & web3 enthusiast, an experienced #FPL manager and wine enjoyer.

I go where the chain takes me. ⛓️

Can’t argue with that and the fact that they are illiquid makes it a pain to watch once the floor starts dropping.

I’m not saying some high quality MFTs don’t do well, but the actual floor for all of them is zero.