NFTs are not dead 🪦
We are at the onset of a multi-year generational bubble as it relates to digital assets, fueled by the Genius Act, Clarity Act, and institutional adoption. As more people have access to easy onboarding and see digital assets as part of their day-to-day lives, versus "scary crypto," it will bring liquidity to many new and forgotten areas of this space.
Ultimately, NFTs, or digital collectibles, will benefit from this as the barriers to buying digital assets will be greatly removed. While I don't expect another speculative blow-off as we saw in 2021, there is room for strong project teams with fervent communities to expand their reach in the coming years.
Let's use @goodvibesclub as an example.
The core GVC community is aligned with a team of experienced animators with business experience, who are building a 3D world using IP that are easy to identify and connect with. The community becomes evangelists for this vision, sharing it with their wider networks, and bringing attention to the work they are doing. On top of this, the GVC team has leaned into web3-native principles such as $VIBESTR to remain aligned with the community's goals.
Today, the addressable market is limited to mostly-cautious crypto enthusiasts, but that market will expand. As the GVC team continues to roll out content and builds an audience, those conversations become easier and easier to have. Especially with a maturing Gen Alpha population that grew up on Roblox, Minecraft, Fortnite, and other games where digital assets are a natural move for them.
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