.FLAMINGODAO's NFT portfolio has joined the three comma club. It includes 215 CryptoPunks, 22 BoredApeYC, the Alien Punk citizen2890 and hundreds of artblocks_io pieces. The current buy-in? 3,000 ETH. 0x_bae reports.
“The whales are all together,” said Wright, who describes Flamingo’s members as a mix of traders, developers, artists and builders. “That’s what makes these things so powerful. They’re horizontally organized.”As Flamingo’s success sends its buy-in price skyrocketing, membership has increasingly attracted the attention of investment funds, said Wright.As NFTs have seen soaring adoption among major consumer brands, Wright said he could see a future where NFTs make up the majority of crypto.
“I think a lot of people on Twitter are DeFi-focused, but I see it becoming a smaller part of crypto. Other segments are growing faster,” said Wright.
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