The more content I read about Pure Belief Assets (PBAβs) the more bullish I become on the sector.
I think the aeons were the first project to truly pioneer this type of thinking, but not the last. Becoming a PBA is arguably the hardest sector to achieve because it requires a long track record of proof of said belief. How long can your record of belief be tracked? Did you rebrand to try to capture the narrative or have you stood on business as a community since day one.
Youβre not investing in charts this cycle, youβre investing in community, culture, lore, meme-ability, narrative versatility and a whole host of other criteria.
A lot of these things canβt be faked, the market will sniff it out over time and 99.9% of participants are not willing to deal with the uncertainty that a path of conviction is riddled with. PBAβs offer a solution to this by building lore around the narrative of holding through extreme volatility (
@MustStopMurad) as a great example (even though his uncovering may have been accidental).
There are a handful of others that I wonβt list but the overall narrative rings true.
That narrative being that itβs time to stop trading and believe in something.
I have unconditional, unequivocal conviction and faith in the mf shark.
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