Why Another NFT Market
1.Liquidity is low
For most NFT successful projects (all token-id minted), the trading volume is very high for the first few days/weeks after minting starts. After a few peaks, the heat will gradually cold down, along with the floor price and discussions in the project's discord server. After that, no matter how hard the operators work, the project can not return to its former glory. Let alone the team may not be interested in maintaining after all tokens sold out. Few top projects can survive this pattern.Although techs like NFT bundle, NFT fragmentation event NFT recycle can be useful under certain circumstances, the low liquidity problem is still unsolved. DaiDai team are making efforts to mitigate this problem.
2.Current NFT market is not quite web3
Large NFT markets like OpenSea make tons of money(token). But their users can not share the profits. The only way for users to make money is to find good NFT and buy/mint low sell high. Users have little influence on OpenSea decision-making. And OpenSea has banned quite a few accounts for their violation of terms without telling them why. All in all, this is not web3.
3.Lack of community connection
Most of the current NFT markets are just secondary markets. The NFT dev team should build an official website for whitelist and minting. This distances NFT markets and NFT projects. Behind each NFT project, there is a vibrant community. It's those communities that drive the trend of the crypto world. If an NFT market fails to connect its real user, it won't last.
4.More than JPG
It is very funny to see the major part of NFTs are still JPGs (other formats included), although there are other famous applications like Uniswap v3 NFT for liquidity providers. The DaiDai team has a history of adding more features to NFT. In our view, the NFT should be the most efficient financial instrument. And it's happening now.
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