Wednesday, December 8, 2021

The Katy Perry NFTs are not going to be as bullish as people think

Just some thoughts i had. The vast majority of Katy Perry fans are in America, and most of her fanbase is either Gen X or millennials. I feel like the majority of Gen X is still just beginning to even understand what bitcoin is, let alone theta. Millennials will probably not be interested in buying them. Theta and tfuel are not exactly easy to aquire in america, you many people have to go through multiple exchanges and conversions in order to aquire theta and tfuel if you want to avoid expensive exchange fees.

This is going to be something very new for many Gen X people, and i have a strong feeling that many of the Katy Perry NFTs will be quickly bought up by NFT flippers and not her actual fans, before relisting them several times above the cost they originally sold for. This event is going to leave many fans turned off from theta. The theta and tfuel prices will probably increase due to more investors, but the average person will probably be turned off from the expensive and complicated process of buying and selling on the platform.

What do you guys think?


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