As it turns out there's a direct correlation between NFT prices and adjacent IRL adoption. It's just that most projects didn't live long enough to create meaningful IRL adoption. Azuki did. And its TCG success in mainstream collectible markets is now driving its NFT floor higher.
I think it is pretty obvious gachas are commoditized at this point and most of the new ones spinning up won’t be around in two years
Extremely bullish on them as a vertical but if you don’t have a larger thesis on where the tcg space is going you are probably ngmi
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