Or how to distribute drops and not get into trouble 😜
Based thread from Wale.smoosh
🚨For a long time NFT hold drops were the main advantage of this market.
You are buying expensive NFT and receive free ETH every few months in the form of new NFTs.
This process is called dilute (blurring, dilution of collections)
‼However, it is becoming increasingly clear that this model is unsustainable as it turns into a Ponzi scheme.
And in order to earn money, new people must come.
😱 And then there's a bear, and people don't come. And with each new drop from the collection, the demand is falling!
Many may argue that a bull market will come and everything will fly into space.
But it's not so simple! Honestly… 😇The NFT space doesn't work that way, the market remains largely speculative.
NFT is basically always associated with expectations.👩🚀
For example, people buy Moonbirds hoping for an announcement soon.
And it turns out followingthat if the project reveals all the secrets too early, too early or makes a lot of drops, then their ecosystem loses value.
Especially if formed not a very strong community.
Good example a large dilution of the collection is RTFKT ecosystem, it has already become too complicated,
to understand what is needed there and why, and this repels new investors.
🙈People always want something to look forward to! A secret, a new announcement, etc.
However, dilution of collections does not always have to be bad if done well!
This may provide an opportunity to enter the ecosystem at a lower cost. And grow your community.
💥Some working rules for the long-term and successful existence of collections:
1. Always maintain secrecy in a project
2. Don't drop too many drops too early
3. Form a strong community built on love for the project
💎Projects can also change the expectations of investors and holders)
Projects that manage to find the golden mean will be super successful!
Author: Tiistar
