1/ NFTs will be big. Maybe $1 trillion big. First, it’ll be game-based collectables. Skins, items, kitties. Eventually, we’ll store digital proxies of real-world assets on blockchains. While anything can happen, I'm now betting ETH wins the NFT mkt.
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Replying to @RyanSAdams
Just because NFT is $1T valuable doesnt make ETH the token $1T valuable
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Replying to @MustStopMurad
It’s not clear to me yet how much value would accrue to the protocol. But it’ll be greater than 0. And if utility proves to be a path to SoV, it will be much greater than 0.
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Replying to @RyanSAdams @MustStopMurad
utility has nothing to do with SoV. Oil has utility, but is not a good SoV because its supply could be extended as prices rise. Same here, if price of Eth will go up, people will spin up cheaper clones and increase supply.
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