Ethereum Merge - Top 5 NFT Tips

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The Ethereum merge is only 10 days away. Here are the TOP 5 things you need to know if you hold NFTs ✅ Spoiler - You probably already know #1, but there's still a > 0 chance the opposite happens. So be careful. 🧵

#5 Don't do any transactions during the merge. Just too much that could go sideways. twitter.com/Ledger/status/1565630494661902336?s=20&t=9UmL0I478Y-59DE1_vjE5w

#4 Don't be tempted to sell your NFTs on the PoW chain (at least immediately following the merge). In case you didn't know - you'll get duplicate NFTs on the PoW chain, BUT trying to make a quick buck - as many traders are planning - can open you up to possible replay attacks.

#3 Understand that most projects will only recognize their NFTs on the PoS chain for IP rights and utility. So don't plan on selling your PoS BAYC and using the PoW version to get into ApeFest 🤣 twitter.com/yugalabs/status/1560035176562016262?s=20&t=_Y6lVr9-al1dhGwpHYGdow

2. Most marketplaces will only support the PoS chain NFTs. @opensea and @LooksRare have already announced that they will NOT support the PoW chain. twitter.com/opensea/status/1565116435348590593?s=20&t=cZR_9ZDNlj11ey4obQIxFg

#1 Most collectors feel NFTs on the PoS chain will be the ones that hold value and their copies on the PoW chain will race to zero. NFA of course, just reading the room✌️

Bonus - In this @hnftfest space, we discussed NFT value implications for collectors on the PoS and PoW blockchains. @KenErwin88 also shared some details explaining replay attacks and other merge-related risks. Well worth the listen. twitter.com/hnftfest/status/1564574244637655040?s=20&t=cZR_9ZDNlj11ey4obQIxFg