Thank you for the detailed and insightful response. I agree about the BAYC and they are out of my budget too.
It’s funny, before the last bull market, I made a rule to only buy BTC and ETH. That rule left pretty quickly when I hopped into DeFi. I wonder if there will be a new innovation this cycle to draw in more people to the alt market? Maybe improvements in account abstraction, ease of use, a killer app, or something I can’t think of.
I also think it’s very cool how DraftKings used NFTs and look forward to playing again this season so maybe NFTs hold the answer? Your response inspired me to spew random thoughts.
I’d love to know if you or anyone reading this has thoughts on new crypto use cases that can fuel a new frenzy.