If anyone wants an discussion aside from “nft itself are scam why bother drawing a distinction” or “crypto is a scam yada yada” here is one: NFT communities of

If anyone wants an discussion aside from “nft itself are scam why bother drawing a distinction” or “crypto is a scam yada yada” here is one: NFT communities often try to use the narrative to independently build off the collection without the help of the issuers. This is possible but it usually fails because nobody has the same level of budget as the issuer would have. And there are too many other opportunities and vibrant communities to be a part of that don't require repair. Outside of NFT land, the cryptopup meme currency $FLOKI has gone through two rug pulls and still got community support to attract a $1.7bn marketcap (by circulating supply). And FLOKI still has a transfer tax that pays the original rugging dev on every trade! I think only a handful of people know this, despite the community rallying to steward the token and order ongoing ad campaigns including on the sides of metro buses I’ve seen in major US cities.