(#20) I value creativity because there are no limits
+ Thoughts on the next waves of NFT adoption
I value creativity so much because there are no limits, I feel like it bridges the gap between the attainable, the unattainable, reality & things that aren’t real.
Somewhere in the middle of all that chaos is creativity.
🤔 Thoughts
Thoughts on the next waves of NFT adoption
I think NFT adoption is still in its early stages but bullish on the power of NFTs to power our digital future. Here are some key takeaways from Coinbase 2023 Crypto Market Outlook:
As the world continues to shift towards the digital realm, NFTs will be a critical component of the infrastructure that allows ownership and identity to function in a frictionless environment.
The market dynamics which categorize NFTs differ significantly from the broader crypto market in terms of available liquidity, as well as the concentration of activity in a small subset of collections.
Although there are over 100k projects in existence, the vast majority of secondary sales volume occurs within collections representing under 5% of the overall universe.
Market liquidity remains a concern but, marketplace aggregator functionality - has the potential to improve the liquidity dynamics of NFTs.
NFT marketplaces are still generating trading volumes ranging between $5-15m per day.
We believe corporations and brands will likely continue to view NFTs as a differentiated form of marketing spend and create projects that act as a powerful onboarding mechanism for non-crypto consumers.
Corporations are beginning to utilize NFT tech to provide digital verification of physical goods.
🐦 Tweets
Very real!! 💕 I love when I just vibe with someone on a soul level.
Bullish.
Good reminder, don’t overthink shit, if you are curious or want something need to send it asap!!!
✫ Quote
“An old alchemist gave the following consolation to one of his disciples: “No matter how isolated you are and how lonely you feel, if you do your work truly and conscientiously, unknown friends will come and seek you.”
- Carl Jung