People are nowhere nearly as bullish as they should be on NFTs. Every single thesis that made them so viral last cycle is still valid. Except for this time around, there are foundational communities and projects that already exist heading into the next bull run. There’s better tech to see some of the vision through. And there’s a ton more capital trickling down from the top to drive the mania when it happens. Digital art and collectibles just make sense in a digital world. They are a high beta play on the underlying ecosystem they’re issued on. It’s that simple.(K A L E O)