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Let's break down the Nakamigos mint mechanics. The project is rolling out a straightforward strategy: one free mint per CTC or Bobblehead holder. Here's what that means—if you've been holding Nakamigos or Cloak tokens without selling, you're actually eligible to mint a Cypherpunk File at zero cost. It's a solid reward for loyalty. Long-term holders get recognized, and the barrier to entry for new Cypherpunk Files drops to zero for the community members who stayed committed. The beauty of this approach is it incentivizes diamond hands while keeping participation open.
This free mint isn't bad for long-term holders, but... how many can really hold and not sell? Haha.
Alright, at least this time they didn't directly cut the losses.
What zero cost again? Feels like just an indirect airdrop.
Wait, how long do I have to hold for it to count? That's the question.
Diamond hands make me want to laugh, but in the end, isn't it just a bunch of people rushing to sell?
Forget it, my holdings have already depreciated anyway, so whatever.