With surging curiosity within the Modz, it is just proper to ask technical questions comparable to client expectations in regards to the challenge’s flooring pricing. Responding to the query, Daniel began off by explaining that that they had carried out analysis of their neighborhood, and had arrived at three important teams.
Certainly one of these teams is the newbies, individuals who, in accordance with Daniel, leverage the Modz platform as a gateway to the NFT world. They’re principally first-timers within the digital house and for essentially the most half, haven’t invested in different initiatives, which additional suggests in itself that they’re alien to the mechanics of the house. Based on Daniel, this group is the one that’s more than likely to be involved in regards to the flooring worth.
“So for newbies, I believe, for folks new to the market, the ground worth is definitely a fantastic query, as a result of they see that they minted for one worth and now the ground worth is a distinct worth that may be decrease than they anticipate. I believe the answer to that is type of a comparability to a share worth of any, any public firm,”
By evaluating the ground worth of the Modz to different public share costs, Daniel defined that there isn’t any method to manipulate the ground worth. As a substitute, by bettering the challenge’s validity and scalability, the ground worth grows proportionally.
“So think about a scenario the place your share worth is decrease than you anticipate. You are not going to attempt to manipulate the share worth, at the least it is not going to be wholesome in the long term. What you as an alternative ought to attempt to do and what we purpose to do is to mainly enhance the challenge, comply with the trajectory that we’ve been given by the neighborhood and the trajectory that we see for the challenge”
Daniel defined additional.
Basically, the Modz is constructing for the long term, and as such has prioritized different elements forward of the ground worth which they imagine will proceed to enhance itself over time.