This post will be super short

There is no doubt that the NFT space did some crazy numbers last year. Billions of dollars passed around hands. We see strange-looking JPGs worth thousands, even millions of dollars. Why is that happening?

The answer is simple. Communities.

Yes, Fear Of Missing Out plays a huge role, but FOMO eventually disappears.

No one bought a Bored Ape for the art. They purchased them to access the private club and flex them on social media. Their floor price is high because they have a community full of celebrities.

Every single creator and collector should understand this.

That is all, folks. The conclusion is simple: Communities are the number one reason an NFT collection holds its value. If you have any questions, don’t hesitate to contact us here.

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