Need a generic NFT index token with perps just so it can be gigalonged after tweets like this.https://twitter.com/elonmusk/status/1371549960030842893 …
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can you guys just shill them on NFTX instead?* *i may or may not have a financial interest in it
Is NFTX not capturing the NFT market growth or just lagging? What do you think person who may or may not have a financial interest in it?
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It’s just not sufficient for when you need to get a broad exposure to the entire market. There just isn’t much liquidity and it’s way too expensive right now and only allows you to get exposure to the price floor. It’s a good start but a CEX can do better
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The price of nftx has been consolidating for the last 6 or 7 weeks, while the nft market has been breaking records
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my hands are strong, but I am beginning to re-think the value prop of an NFT index as an investment (ofc an issue for NFTX) value/returns distribution in NFTs is a gonzo version of a power law buying an index fund of NFTs is just not great, and I guess an issue for NFTX then..
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and so it's a good bet as a pure play but not sure still how much traction their products, and then by def'n the project will get
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Been waiting for NFTX for a little while now. Patience is key of course but I'm sure it just can't 100% reflect the REAL NFT craze happening rn :)
Thanks. Twitter will use this to make your timeline better. UndoUndo
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