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https://ethereum.org
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yuga.eth
@yuga
There was once a theory that Ethereum L1 provenance would be required for an NFT to hold a higher threshold of value. Do we still believe in that theory?
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daws.eth
@daws
Yes I still believe in that theory
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JussaBaby.eth🎩
@jussababy
I think it stands true for nfts that are currently at a high floor. However! I don’t think that is true for future state. There could already be “the next big thing” on an L2. If the theory of Coinbase bringing in “a billion new users” is true, then Base is going to make mainnet look like a thing of the past
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↑ antaur ツ
@antaur.eth
pudgies bs mochimon = hypothesis testing BC same artist and similar playbook. From different cohorts though so that's different. For NFT fine art, I think rich art collectors will ask their assistants to buy only top-end for quality and safety, they won't be bothered with gas prices.
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Patrick
@patrickjpatten
I think punks prove it. The luster might be gone but if the chain succeeds … they both benefit each other. Those that own punks etc want eth to succeed.
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Basehead 🔵 🎩🍖
@alfalpha
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Basehead 🔵 🎩🍖
@alfalpha
Ask onchain gaias!
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Simon
@simongoldberg
I think its far far far too early to say one way or another. I would say it's not a requirement, I will say we're so early in l2 "legitimacy/longevity" conversation. One way to look at it is the chain is your canvas of choice. We don't know what canvas people will love in 5,10,15,20+ years yet
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dlt.eth-Adam-DonatingCrypto.org
@ircadam
As an investor - ETH NFTs form the origin of the story, so the value stems from that. But when you look at what other chains & the tech provides, I feel it will be surpassed. As for the Brand I work for - Would I want to mint on ETH? No. But if an artist/brand we worked with insisted, we might. Otherwise, BASE/SOL.
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Metaphorical
@hyp
No, those days are over. It’s nearly impossible now to get over the threshold of value where trading makes sense. Base and Solana seem ripe.
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