The Cyberkongz $banana token remains the benchmark in the space for utility tokens. The first utility token…still the best version. Crazy. Every team that tries the “some for you, more for us” one time airdrop has sadly crippled their project. This, this no longer works, writing has been on the wall since 2022. Even if the token were to do mildly well out of the gate, many PFP holders insta-sell the underlying PFP the second they’ve locked in the tokens, which craters the IP. Now the one huge card the project had to play has been played, the floor for the token and PFP have been nuked. The lengthy process of trying to show your community that you understand strategy begins and endures. It’s understandable why the current meta is chosen by runners. It takes money to run the IP and finding revenue streams that are not considered vampiric by the community is not an easy feat…but it doesn’t mean it’s impossible and it’s way too early in the history of NFTs to set up camp on a dead meta. Many will blame the sellers as money hungry and in it only for the money, I will say there is some truth to that but I would argue that the sellers analyze the strategy of the team, understand their are no sinks to uphold the value, and feel the pressure to sell because their is no reason to hold. They are just behaving exactly how the team inadvertently incentivized them to. Hopefully the new @RTFKT owners are taking note. This meta is over, time to get back to innovating. When it comes to a utility token meta, you either set it or you should forget it. How can it be that the first utility token is still the most innovative? Absurd at this point. Runners would be wise to lean into the programmatic nature of the PFP concept, think outside of this dead meta, and better understand what the community is expecting. Consider stocks, there is a reason for the continued drip of dividends. It helps to entice people to hold the asset and helps to protect the floor. Stock issuers have known this since 1602, why is it taking this long for NFT runners to understand this concept? NFTs are not stocks, I get it, but imo they are the future of stocks. Stocks are boardgames, NFTs are videogames. Stocks have a major advantage currently, an incredible amount of sinks. Dividends are denominated in fiat, which has an unlimited amount of desirable sinks, figuratively and literally. Projects should iterate on the Cyberkongz banana distribution method, and focus on how to provide adequate sinks to balance the supply/demand of the token. Something desirable you cannot get with fiat. Otherwise, their token will be sold instantly for fiat to partake in its vast array of sinks. Maybe you think that continuing with this “been dead since 2022” meta of a one time airdrop that craters your project with zero installed sinks ready, is a great concept. You don’t think stocks and NFTs are even remotely the same, and can’t see why a company would be smart to update their stock certificate to a well branded, programmatic, interactive , and easily traded peer to peer asset (don’t worry, it’s coming)…in that case… Go News Yourself!