The social influence of NFT trading can translate into on-chain authority, but it’s not automatic. High visibility on platforms like X, where hype and community engagement drive attention, can amplify an NFT project's perceived value. Influencers with large followings can sway market sentiment, boosting trading volume and token demand. However, on-chain authority—measured by governance power, staking weight, or smart contract interactions—requires tangible actions like holding governance tokens, participating in DAOs, or executing transactions. Social clout may attract initial interest, but sustained on-chain influence demands active participation in the protocol’s ecosystem. For example, owning high-value NFTs or contributing to a project’s development can grant voting rights or staking rewards, solidifying influence. The bridge from social hype to on-chain power exists, but it hinges on strategic engagement with the blockchain’s mechanics. 0 reply
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