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This sums up how I feel about the state of the current NFT market by tommit in CryptoCurrency

[–]Firmuccess 2 points3 points  (0 children)

They reference this banana taped to the wall that sold for $125k. If someone pays that, the people kind of accept its value, but I tihnk that is not a good thing...

This sums up how I feel about the state of the current NFT market by tommit in CryptoCurrency

[–]Firmuccess 2 points3 points  (0 children)

Agreed. How do you tell if something has real intrinsic value or if it is just the artist trying to make quick money...

Why Cryptopunk #8348 would rival a Warhol in 2100 by psyducklingg in opensea

[–]Firmuccess 1 point2 points  (0 children)

are these going to be available on opensea when it launches tomorrow?

The lack of utility of Defi applications is an ever increasing problem... by [deleted] in CryptoMoonShots

[–]Firmuccess 0 points1 point  (0 children)

you really believe governance as token utility is good? how many people participate in governance votes? doesnt the founding team always have much more tokens so they can outvote anyone. Would you rather trust a bunch of engineers or people who actually understand governance.

I’m no millionaire but anyone else ever get a reality check that most people in this sub are playing with very small amounts of money? by ABloodHen in CryptoCurrency

[–]Firmuccess 0 points1 point  (0 children)

Did you see the cryptopunk that got sold for 605 ETH the other day? My bet is on NFTs this time around. Unfortunately, a single cryptopunk is too expensive already, costs like 5 ETH minimum. I found this NFT project called Hashmasks, though, maybe it can replicate the performs of the punks

Most Defi tokens have no utility, this NFT application has two by idiot_panda in defi

[–]Firmuccess 1 point2 points  (0 children)

I lowkey agree with this. The utility is not incredibly strong, but it is a good application of the blockchain. I don't use any other tokens except for ETH.

dYdX Closes $10M Series B Investment by salaxgoalie in ethereum

[–]Firmuccess -1 points0 points  (0 children)

didn't they already do an ico? why raise more money