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1) If you think the daily production of 130K $NCTs are going to add to the sell pressure, think again:
i. 130K NCTs are emitted across 16K unique hashmasks across thousands of different wallets. Gas fees will not permit investors to sell until there's a sizeable amount.
i. 130K NCTs are emitted across 16K unique hashmasks across thousands of different wallets. Gas fees will not permit investors to sell until there's a sizeable amount.
2)
ii. 130K NCTs produced per day only allows for 70 name changes, and again, this is accumulated across thousands of wallets.
iii. We will absolutely be STARVING for NCTs once the initial 60M supply (good for ~32K name changes out of 16K masks) based on the two points above.
ii. 130K NCTs produced per day only allows for 70 name changes, and again, this is accumulated across thousands of wallets.
iii. We will absolutely be STARVING for NCTs once the initial 60M supply (good for ~32K name changes out of 16K masks) based on the two points above.
3) And lastly, there will be other speculative investors who think THE EXACT SAME WAY. They'll lock up NCTs and I assure you NCT will be a much much more scarce resource than #hashmasks itself.
It'll only take 600 investors hodling 100K each to lock up the 60mill initial supply.
It'll only take 600 investors hodling 100K each to lock up the 60mill initial supply.
