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Apr 14

NFT Trader Woes: it’s not a fair mint to begin with.

This a series where I dive into the barriers preventing you from making huge gains on your NFTs.Consider for a moment why the “allow list” concept exists for NFT projects. In the absence of the AL mechanism, the market uses first-come first-served auctions to mint an NFT collection. Not only is that gas inefficient (due to intense gas wars when the hyped project is released), but it also permits devious behaviors by sophisticated power users. In DeFi, it's the MEV frontrunners. In NFTs, ...

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