The supply side is essentially infinite 

It's nearly zero cost to make

I don't see how value will accrue to 99% of NFTs

NFT technology allows for new forms of art and community that come with

- Global capital markets
- Internet-level memetic flywheels
- Cryptographic provenance 
- Low holding and exchange costs 

It is a volatile asset class but Illiquidity works in both directions

David

The supply side is essentially infinite 

It's nearly zero cost to make

I don't see how value will accrue to 99% of NFTs

https://x.com/punk8164/status/1926919529197637641