5. Studies
The crypto space is evolving quickly, and more often than not, the community is what makes each cryptocurrency great!
From countless examples of community, we see the power of individuality inside a united cause.
NFT Communities: This is a more obvious case of the community moving the price up in value. We can see tens of millions of dollars raised inside of the NFT communities that offer nothing more than a unique profile picture with the only utility of the enjoyment of being a part of a community.
ENS: Ethereum protocol allows for users to change their address to a .ETH name, it costs about $18 to perform the action. Since its creation in 2017, over 630,000 domains have been registered. This is about a total of 13 million raised just for a unique name alone.
Space ID: BNB version of ENS which allows users to identify their BSCScan just came out in 2022 and over 50,000 names have been registered already with a total of $10 per name!
Growing our individual reputation in the space is what generated majority of the niched revenue in the space, these patterns lead us to believe a utility such as ours can prove similar results.
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