SHILL Issue 66

@subaruimpreza09
We are seeing a lot more upcoming projects that are utilizing Web3/NFTs to deliver real consumer products (new
meta alert???) These projects look and act more like real business than your typical “community-driven” projects
Why is this shift happening?
Prompted by the inevitable movement towards lowering fees and royalties, projects will need to rely on other
revenue streams. This is possible if you have an actual product or service that is used by people (ideally both
inside and outside your community)
The decrease in royalties will drive mint prices higher since more funds are needed upfront. This will make investors
more choosy about what they mint. Projects will have to prove themselves as worthy. They will need transparency
and achievable, thought-out plans
I think this shift is good and something the space was bound to experience as it matured. The fact that this is
happening in a bear market is not surprising. Projects must stand out in terms of quality to even get off the
ground
Here are some upcoming/new projects that are hopping on the train as legitimate businesses
@SolNetRunner (minted 8 July): building a tax reporting dApp and portfolio tracker with referrals/rev share
Founder @Meat_netrunner posted a thread about the royalty debate and relying on other revenue streams as a
project.
Netrunner @SolNetRunner
We commend @YawwwNFT for being innovative & providing additional utilites for NFT owners in this ecosystem.
My (@Meat_netrunner) thoughts about the first democratized NFT Marketplace
@CrowdsurfNFT (pre-mint): building a pledge portal (investors make non-binding pledges) and a reporting hub
(creators give investment reports)
@blxckout_nft (mint 17 July): bringing public sector datasets
onto SOL to meet demand and expand functionality
for dApps
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SHILL Issue #66