It’s a builder’s market
Ingredients for a successful NFT project — April 2022 update on the state of Solana NFTs
Two months ago I published On the state of Solana NFTs, the summary being that liquidity flows from one hyped project to the next, instead of teams that are consistently building. Partly, this is due to the non-existent gas fees, but as the supply of new projects increases, ones with proven track records are slowly, but surely rising to the top.
I ended the post with:
For now, I’m still having a lot of fun in Solana and have high hopes for the future. My plays will most likely involve accumulating more Famous Fox Federation and Solgods which both fit the community/project building throughout this whole cycle.
In hindsight, this was the obvious play and I should have accumulated more.
Famous Fox Federation
Solgods
The sentiment for crypto in February was negative, so the fact the floor price for these two projects continuing to rise during this period was insanely bullish. These two projects have a few similarities, and I think all…