source avatarzubic

Share

I’m getting flooded with DMs from NFT projects wanting to collab with @SpaceRidersXYZ. I’ve turned them all down because there’s no clear value in most of these drops. Launching a 5,000 to 10,000 supply PFP collection in this market makes zero sense. Free or paid, the demand simply isn’t there. The market does not need more collections. If you’re launching one, keep the supply small, make the art great and curate the whitelist properly. The best recent example is @wacky_ville. 111 supply. Meanwhile, most larger drops flop within a week. I genuinely want to support people, but I can’t back projects that refuse to read the room. Drop the ego. Do the research. It’s not 2021 anymore. Either heavily adjust your plans or don’t launch at all, because this market will humble you very quickly.

Disclaimer: The information on this page may have been obtained from third parties and does not necessarily reflect the views or opinions of KuCoin. This content is provided for general informational purposes only, without any representation or warranty of any kind, nor shall it be construed as financial or investment advice. KuCoin shall not be liable for any errors or omissions, or for any outcomes resulting from the use of this information. Investments in digital assets can be risky. Please carefully evaluate the risks of a product and your risk tolerance based on your own financial circumstances. For more information, please refer to our Terms of Use and Risk Disclosure.