Li Jin pfp
Li Jin
@li
Why do you mint free/low-cost NFTs? Is it a 'why not' thing? just enjoy collecting? or something else?
22 replies
1 recast
11 reactions

tldr (tim reilly) pfp
tldr (tim reilly)
@tldr
I suspect generally it’s a low-grade FOMO. An insurance against the pain your future self may experience by not being a part of the next Opepen or not having evidence that you were one of the true OGs in Farcaster. The other reason for me is to support people who are putting themselves out there as Creators
1 reply
0 recast
1 reaction

Li Jin pfp
Li Jin
@li
that's a really interesting framing of it, as not just financial FOMO, but social FOMO (why not collect this artifact showing that I was here, I am cool, etc just in case it becomes recognizable later on)
1 reply
0 recast
0 reaction

tldr (tim reilly) pfp
tldr (tim reilly)
@tldr
100%. And even the high value NFTs become high value as a proxy of cool. Which is why so many people held them through massive loss of value
0 reply
0 recast
1 reaction