Look there’s only 100ish Midas and The Hands…

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Why should this matter to everyone else?

it shouldn’t… but if you care about pricing/adoption it might intrigue you a bit to hear my thoughts.

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Think about this, would anyone really be interested in crypto if the stories of “bitcoin went from $1 to $100 to $1000”

arguably, yes… but only to the original adopters that actually use bitcoin as a decentralized currency

but mass adoption - which led to innovation - which led to us even being here was because of the stories itself. people get involved for the money, and usually stay for the tech/concept.

another comparison, when top shot, bayc, punks started mooning - it absolutely mooned everything, but also pushed adoption and gain real people that care about the concept of a virtual identity - people came in for the money, but many stayed for both

and here we are with Reddit avatars… there are only 100ish Midas, and 100ish The Hands… if we start seeing stories (which we are) that an asset went to $10,000 from very little - and then again to $100,000 and then again to $1m … don’t you think that’d spark interest?

now this is what I LIKE about reddit avatars… it’s the fact that reddit has some what centralized but decentralized the system… they control the quality of avatars that get out which i love, but also keep the users safe and really determine what we can do with the avatars (although a decentralized entity can use these avatars and allow them access to things) we have to worry LITTLE of reddit wrecking the average investor because they stopped working on it and disbanded it.

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now back to my point - there’s only very little low supply items… why couldn’t we see an asset hit $1m when it’s already happened with punks and bayc both (and others) having an INSANE amount of supply with only 300,000 or so active OS wallets when it was pumping…

we are talking about REDDIT. 50M active users…. if only 10% of the OS base came over, we’d see moons beyond’s imaginable but we’re not even thinking about the world…

even if 0.01% of those 50m users ended up buying an avatar, what would happen?

what would happen if pepsi spends millions to partner with an artist to get branding out there? wouldn’t other entities join?

this ultimately will result (in my opinion) very big pumps which will bring whales, which will be entities, which will bring adoption (BUT reddit can control all sh*t bags to prevent them from ruining this space)

side note: reddit is a text metaverse (i hate this word, but it’s true). there’s many worlds, communication, rewards, and visual identities now. so early with these avatars and it’s up to reddit and us to lead the way.

don’t fade reddit, don’t fade the early adopters that care.

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To give you background to help solidify my experience, i have been very successful in NFT secondary trading using fundamentals/analysis but also did insanely well with crypto as well.

hope you enjoyed my thread i wanna keep this cool in the comments let’s go back and forth and talk! interested in your opinions