Whenever things slow down a bit, my brain gets triggered by that whole Jito Cabal situation. You know—when they announced plans to launch a 15,000-item NFT collection with a paid mint, then started promoting "exclusivity" for holders. The irony was just too much. How do you spin that kind of numbers into something exclusive? That disconnect between promise and reality pretty much summed up a lot of what was wrong with the NFT hype cycle.
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Whenever things slow down a bit, my brain gets triggered by that whole Jito Cabal situation. You know—when they announced plans to launch a 15,000-item NFT collection with a paid mint, then started promoting "exclusivity" for holders. The irony was just too much. How do you spin that kind of numbers into something exclusive? That disconnect between promise and reality pretty much summed up a lot of what was wrong with the NFT hype cycle.