BTC Flower: In Realizing the Dream of Web3

  1. The barrier to entry is non-existent. There is no need for a well-defined concept, team with technical chops, or path to MVP.
  2. The barrier to success is more circumstantial than meritocratic, depending more on social norms set by influencers and celebrities than artistic quality or project outcomes.
  3. The barrier to manipulate is much lower. The near-zero overhead and unique market dynamics of NFTs make it a breeze for even the smallest projects to manipulate price and volume.
  1. Wealth from the community is distributed to an unproductive team.
  2. Wealth from the community is distributed to wealthy individuals.
  3. Wealth from the community is distributed to market manipulators.

--

--

Get the Medium app

A button that says 'Download on the App Store', and if clicked it will lead you to the iOS App store
A button that says 'Get it on, Google Play', and if clicked it will lead you to the Google Play store
FPDAO

FPDAO

Community controlled NFT launchpad by @btcflower — Merging the best Web3 stack with the finest art