X @wale.moca 🐳

Floor prices might not be the right way to value certain NFT collections.Definitely true for art, but also for pfp collections like CryptoPunks.For example, here is the CryptoPunks floor.Out of the 60 cheapest Punks, there is only one I would buy (can you guess which one).Most floors are ugly. When you think about collecting something, you usually pick NFTs that are rare or aesthetically appealing.Floor price as a metric only tells you:This is what the ugliest piece in the collection sells for today vs yest ...