
Mental Models for Navigating Crypto Markets & Cycles
web3 with a16z crypto
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The Importance of Vertical Specific Metrics in NFTs
The right thing is to use vertical specific metrics. I care most about the extensibility of that particular NFT, like how many derivatives have derived from it essentially because that is the true art of an NFT being something that is composable and something you can build around. For decks, these sensors are used total volume is a far more precise metric. There's already some really interesting ones like the number of tokens in a collection that are on sale and they get in time. The average number of holders per 10,000 tokens in the collection. Yeah, totally. That's my own. Let's f*** up.
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