The NFT collection for every color on the internet.
Joined June 2024
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@qrcoindotfun: a daily auction for attention.
@kondodotfun: batch swap tokens to clean your wallet.
@BaseColorsNFTs: NFT collection for every color on the internet.
it is better to be early than late
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the next generation of NFTs will be different from the first.
i believe we will see collections with supplies more comparable to fungible token collections, orders of magnitude larger than the 10,000 default of the previous NFT craze.
a larger supply allows for a large number of holders which gives the community more growth potential (i.e. power in numbers).
the fundamental reason the previous generation of NFTs had lower supplies was because transaction fees were high so you needed a relatively high floor price in order to justify paying those fees to buy and sell the NFTs.
but now transaction fees are negligibly low and so that constraint is removed and NFT collections can have low floors with high supplies and be very successful.
i'm aware of at least one NFT collection with a supply that is much closer to the supply of bitcoin than it is to the supply of punks or penguins or apes, and that's the collection for every color on the internet, @BaseColorsNFTs.
i created this collection to have a non-arbitrary supply of 16,777,216.
that's 1 NFT for every hex code according to the RGB model, which is the universal standard for digital colors.
also, every NFT has a 1/1 owner-modifiable name, so no two people can own the same color, and no two colors can have the same name.
i would argue it's the most fundamental and interoperable NFT collection possible, but that's just me.
my pfp is "BLUE" #0000FF
get yours: basecolors.com
.@cz_binance says that NFTs and DAOs will make a big comeback.
"I think tokenizing art is probably going to come back at some point, multiple times. I don't know when it will really hit big and stay... I think all of those things eventually should be much bigger than they are today."
"I think many things will have a second wind, but the second wind will most likely be a little bit different... DAOs, NFTs — the next iteration may be slightly different, but they may still be called NFTs or something like NFT2."
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If you like NFTs, check out @BaseColorsNFTs.
The NFT collection for every color on the internet.
16,777,216 colors, 1 per hex code, each with a 1/1 owner-modifiable name, so no two people can own the same color, and no two colors can have the same name.
basecolors.com
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non-fungibility is valuable.
what’s holding back NFTs is:
1. variable value = harder to trade
2. lower supply = smaller community
3. high unit price = barrier to entry
@BaseColorsNFTs solves 2 & 3 with a supply ~16M mint price / floor ~$2 and I think I have a solution for 1.
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