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Xeer· 2025-08-06 10:55
Wealth Accumulation Stages - The progression of wealth is often reflected in watch ownership, starting from no watch and evolving through various brands [1] - Early stages include affordable brands like Casio, Swatch, and Apple Watch [1] - Mid-tier brands such as Tissot, Seiko, Citizen, Tudor, Nomos, and Tag Heuer represent further financial progress [1] - Luxury brands like Omega, Zenith, IWC, Rolex, Grand Seiko, and JLC indicate significant wealth accumulation [1] - Ultra-luxury brands such as Patek Philippe, Audemars Piguet, Vacheron Constantin, and A Lange & Sohne signify substantial wealth [1] - Niche and independent brands like FP Journe and MB&F represent a high level of connoisseurship and wealth [1] - Richard Mille is associated with "dumb money," suggesting conspicuous consumption without genuine appreciation [1] - The final stage is "no watch," implying a return to simplicity or a transcendence of material status symbols [1] - Jacob & Co is considered an example of excessive and tasteless display of wealth [1]
X @Xeer
Xeer· 2025-08-06 08:58
3 years ago today, @TiffanyAndCo dropped made-to-order @cryptopunksnfts pendants for 250 holders willing to pay 30 ETH ($50,000 at the time).Today, that 30 ETH is worth $110,000.If Tiffany ran it back with another 250 custom pendants available to punk holders at 30 ETH today, do you think it will sell out? ...
X @Xeer
Xeer· 2025-08-06 03:11
Cryptocurrency/NFT Market Analysis - The market sees similarities between new NFT projects and "shitcoins", highlighting potential risks [1] - Free JPEG mints are used as an initial tactic to attract users [1] - Key Opinion Leaders (KOLs) who receive free NFTs promote the project [1] - KOLs profit by exiting on their audience, showcasing their gains [1] - Founders generate revenue through high royalties [1] - The model benefits founders and early participants, potentially at the expense of later investors (exit liquidity) [1]
X @Xeer
Xeer· 2025-08-06 03:01
tale as old as time:- free jpeg mint- kols who got in free hype it up- exit on their audience and tell them how many x they made to flex- founder profits off exorbitant royalties- win win except for you (exit liquidity)no different from shitcoins just with jpegs attached to it. just don’t be the last person holding the bag, anon. ...