Thoughts on NFTs “ripping” Won’t be bearish post it’ll be bullish. 1. Clearly these buys are institutional and constructed with purpose. This isn’t a bad thing. I guess I ask myself why? Is it more exposure on top of EVM? Does it outpace eth returns but more risk? Narratives I think will be tried. Again not bearish. 1. NFTs are a better memecoin because you can pick and choose distributions 2. The best VC investment is community because ai killed SaaS and made distribution the winner 3. Increases exposure to EVM? 4. App tokens and NFTs allow securities in dexs. So some form of 404 blend. Institutions make all markets so I just want to understand the motives. Excited for everyone in NFTs to make some money. It was a more fun time than memecoins.