Published On Aug 17, 2022
It's looking more likely that the decline in royalties will finally put an end to the degen free mint meta. However, the current model might be replaced by something worse.
In this video I talk about how we got to the current meta, including how scammers evolved along the way.
For a while it started to feel like we were just going to continue to be bombarded with these free mints forever, but this model will get hit hard if royalties end up going away - the math just doesn't work.
But as a reaction to this, creators might resort to a more traditional pump and dump model in order to keep making money.
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0:00 START HERE
0:37 clown casino
2:06 the business behind a free mint
4:28 RIP royalties
6:23 the last of a generation
7:51 something worse is coming (WARNING)