✔️ Abstract Fugz Migrates to ETH 🖥 Reasons for Migration - To align with the strong infrastructure, collector pool, and ecosystem required for a digital art/IP collection - Because ETH appears to have more growth potential than Abstract It seems there is a trend these days where NFT collections are increasingly moving over to their home base, ETH. It feels like just yesterday that people preferred L2 because of the lower gas fees. However, since L2s are actually unable to defend their prices (worse than ETH) and NFT trading volume is gradually dying out, it seems they are moving. But those who are stuck in the Apps trap buy them to earn XP, not for the art itself. So what happens if they go to ETH? OpenSea #NFT #ETH #ABSTRACT
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Disclaimer: The content above is only the author's opinion which does not represent any position of Followin, and is not intended as, and shall not be understood or construed as, investment advice from Followin.
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