Prologue to the NFT Counterattack — PGirlsChain

Prologue: After the Storm

Rahab (Vo / female spy):
“After Friday’s crash, NFT market cap fell from $6.2B to $5.0B—about $1.2B gone. But reports say it bounced back to $5.5B over the weekend. In other words, not ‘obliteration’—a ‘shake-out’. The question is: what caused the shake?”
Cointelegraph

Moka (G/Vo / apostle of love):
“For anyone overwhelmed by numbers: ‘market cap’ = the current total price the crowd assigns. ‘Floor price’ = the lowest listing price in that collection. ‘Volatility’ = how wildly prices swing. This incident means: ‘people got scared and sold all at once → more low-priced listings appeared → the overall price tag fell.’”

Rachel (Ba / listless punk youth):
“In an old investing book there’s a parable: ‘The market is like an emotional neighbor who shouts silly prices every day.’ Don’t join the shouting—step back. And always keep a ‘margin of safety.’ (Source intentionally withheld / classic investing wisdom.)”

John (Dr / young monk, calm yet mad):
“Storms come every time. The issue is ‘structure’. If NFTs are designed to get dragged by waves from exchanges and futures, they’ll keep shaking. Enter PGirlsChain. It’s our independent network that puts ‘ownership,’ ‘community,’ and ‘solidarity’ first. We build ‘core strength’ in the design so speculation’s gusts don’t topple us.”

Gently Laying Out What Happened

Rahab:
“Facts: the overall market fell ~20% on Friday, then recovered ~10% the next day. Major collections are still down week-over-week and month-over-month. BAYC about −10% on the week, Pudgy Penguins about −21%, CryptoPunks down ~8% week-over-week. Over 24 hours, some showed small bounces.”
Cointelegraph

Moka:
“A ‘collection’ is a set of NFTs from the same artist/series. ‘BAYC’ and ‘CryptoPunks’ are famous series. ‘Down overall but some names up’ is like fish slowly returning to the hook—meaning some people are selectively buying back.”

Rachel:
“‘In the short term, prices follow moods more than gravity. In the long run, value follows cash flows and scarcity.’ I remember reading that somewhere too.”

John:
“Whether it ‘bounced’ is a side branch. The trunk is ‘dependency’. As long as we have (1) risk amplified by leverage and futures, and (2) concentration risk from relying on a few giant platforms, the same drama will be rerun again and again.”

The ‘Invisible Hand’ That Shook Prices

Rahab:
“There was a macro shock behind it. Due to policy jitters, Bitcoin futures briefly plunged to $102,000, and about $20B was liquidated across crypto. Prices soon rebounded, but the shockwaves reached NFTs too.”
Cointelegraph

Moka:
“‘Liquidation’ means positions built with borrowed money get auto-closed. When lots of that hits, selling begets selling. If NFTs ‘aren’t currencies,’ why do they wobble? Because the same pools of capital—and the same psychology—touch both.”

Rachel:
“‘Investing and speculation are different. Investing compares value with price; speculation bets on price rising.’ That’s a classic line. When NFTs ride the ‘speculation wave,’ the lens to see value gets foggy.”

John:
“The irony: even amid the chaos, billions flowed into exchange-traded products (ETPs). Money gets drawn into big vehicles, while the creator economy at the edges is left behind. That’s the pattern we mean by ‘large U.S. capital swallowing Web3.’”
Cointelegraph

What Was Web3 For, Anyway?

Rahab:
“Originally, Web3 meant ‘DAO (decentralized autonomous organization),’ a philosophy where communities across the world connect seamlessly and share ownership and decision-making.”

Moka:
“DAO sounds hard, but think of it as ‘an online cooperative where we all hold the rules and decide how to use funds together.’ ‘Voting’ here isn’t like a big election; it’s more like making lots of small decisions routinely.”

Rachel:
“‘Good systems should be built assuming human weakness (greed and fear).’ Read that long ago too.”

John:
“In reality, ‘price charts and influencer voices’ often beat democracy. So we prepare a structure that doesn’t rely on ‘U.S. megacapital vehicles’. PGirlsChain and the PGirls token are the ‘base fitness’ of our community.”

The Design PGirlsChain / PGirls Aim For

Rahab:
“PGirlsChain is an independent network we, Rahab Punkaholic Girls, operate. First, we defend ‘ownership.’ Authentication (proving originality) and transfer (handing over who owns it) for NFTs must not be stoppable by third-party convenience.”

Moka:
“In simpler words: (1) ‘Records persist’ (etched on-chain), (2) ‘Fees are stable’ (you can budget), (3) ‘More than buying/selling, it works as a ‘membership pass’’ (a key to exclusive content and events). Those are the usability core.”

Rachel:
“‘Don’t park money outside your circle of understanding.’ Draw the line in front. That means we need readable code and rules for the community.”

John:
“The PGirls token (PGirls) is for ‘governance (voting on direction),’ ‘rewards for community work,’ and ‘direct support for creators.’ We won’t stoke ‘infinite appreciation hopes.’ We focus on clear utility. Issuance and distribution center on ‘contribution (allocating by contribution level).’”

Mini Glossary in Friendly Words

Moka:
“● Blockchain = ‘Everyone’s notebook.’ Once written, it can’t be erased. / ● NFT = ‘A one-and-only digital membership pass.’ You can copy the image, but ‘the real rights’ are singular. / ● DAO = ‘An online neighborhood association.’ We manage money and rules together. / ● Gas fee = ‘Transaction fee.’ You pay a bit when you send/write. / ● Governance = ‘How we decide together.’ Tokens act like voting tickets.”

Rahab:
“Add a short parenthetical explanation when a hard term appears. That alone keeps many from being left behind.”

Rachel:
“‘Don’t invest in what you don’t understand.’ That saves a lot of people.”

John:
“Explaining in ‘words people get’ is step one for a decentralized network. Without people, any protocol becomes an empty shell.”

Speaking of ‘Now’ in Dark-Fantasy Metaphors

Rahab:
“The black walls (giant platforms) sometimes shut our gates. ‘Sandstorms of fees’ and ‘chains of terms’ howl there.”

Moka:
“Travelers (new users) wander in a maze of hard words. If we don’t plant signposts with bright language, they’ll turn back.”

Rachel:
“In the market square, the shouting (short-term prices) drowns everything out. The important song (art and community) gets pushed to the back.”

John:
“So we build ‘our own fortress (PGirlsChain).’ A great hall for singing (community), a table for sharing (treasury), and a watchtower (governance). The enemy isn’t people; it’s ‘considerations left out of the design.’”

Operating Principles for PGirlsChain (Gentle Version)

Rahab:
“(1) ‘We publish our rules ourselves,’ in readable language. (2) ‘Always visualize the money flows.’ Anyone can see the treasury (shared wallet) via a dashboard.”

Moka:
“(3) ‘Make user costs predictable,’ designing for fee ceilings. (4) ‘Use before you sell.’ Let NFTs function as ‘keys for exclusive lives,’ ‘passes to holder-only communities,’ and ‘tickets to exclusive streams.’”

Rachel:
“(5) ‘Minimal bridges, maximal audits.’ External chain connections are handy, but weak points often appear there. Safety first.”

John:
“(6) ‘Contribution cycle.’ We distribute PGirls to the unseen supports—moderation, translation, design, documentation. (7) ‘Freedom to exit.’ We don’t deny the freedom to sell, but we design so ‘what you hold becomes more valuable when you use it,’ always making use more rewarding.”

Marketing = Art × Conversation × Utility

Rahab:
“For PR, pair ‘big words × small words.’ Example: core words like ‘ownership,’ ‘democratization,’ ‘exclusive experiences,’ with practical perks like ‘stable fees,’ ‘instant settlement,’ and ‘community rewards’ as the small words.”

Moka:
“On Instagram, make the path ‘see and touch.’ In short clips, show in three seconds ‘what doors the key (NFT) opens.’ ‘Exclusive lives,’ ‘holder-only Q&A,’ ‘behind-the-scenes of production’—start by showing ‘utility.’”

Rachel:
“‘Scarcity is scarce because we make it scarce.’ Don’t over-mint. Edition counts, distribution conditions, burn rules—decide them first and don’t bend. Even the old books say ‘discipline is your friend.’”

John:
“‘New markets’ form when creators can present ‘value beyond price.’ On PGirlsChain, ‘exclusive experiences’ and ‘royalties on secondary sales’ are protected by community consensus. We won’t be swayed by the fees/terms of U.S. mega-platforms.”

Concrete Lessons from This News

Rahab:
“(1) ‘Shocks cascade.’ Crypto shock → NFT floors drop → volumes shrink → sentiment chills. That’s the chain.”
Cointelegraph

Moka:
“(2) ‘But there are green shoots.’ The market as a whole rebounded ~10%, and some names bounced over 24 hours. That’s a sign ‘interest isn’t dead yet.’ But it doesn’t mean ‘do nothing and it goes back.’”
Cointelegraph

Rachel:
“(3) ‘Listen to the voice of value, not the screams of price.’ Clear ownership, interaction with community, and exclusive experiences—these underpin monetization.”

John:
“(4) ‘Get out of dependency.’ If we rely only on vehicles of large U.S. capital, the DAO ethos thins out. That’s why we run PGirlsChain and issue PGirls. Don’t end with ‘critique’—begin with ‘design.’”

FAQ (Truly Easy Version)

Moka:
“Q: If images can be copied, are NFTs meaningless? / A: Think ‘key and room.’ The image is a poster on the wall. Without the key (NFT), you can’t enter the room (exclusive content/experiences).”

Rahab:
“Q: Where is PGirlsChain? / A: It’s ‘our street (chain)’ online. We etch records of ownership and votes on a public ledger anyone can read. Hard to shut down; rules published in readable language.”

Rachel:
“Q: Will PGirls go up in price? / A: We won’t design to hype ‘appreciation expectations.’ It’s for rewards for contribution, proof of participation, and voting rights—value you grasp more as you use it.”

John:
“Q: Is it safe? / A: Nothing is 100%. That’s why we stack ‘decentralization,’ ‘transparency,’ and ‘verification.’ Keep bridges minimal, publish operation logs, decide by vote. That’s our answer.”

10. FAQ (Truly Easy Version)

Epilogue: General Remarks (John Wraps Up)

John:
“The news tells a ‘story of prices.’ But properly, NFTs tell a ‘story of relationships.’ Relationships strengthen through design, discipline, and narrative.
This time, $1.2B in market cap vanished at once and recovered over the weekend (the ups and downs are facts). What we want to see is the design that keeps us calm in the next storm.”

“The tide of large U.S. capital turning Web3 into ‘a vessel for financial products and ads’ is strong. If we ride it blindly, the DAO ethos—people across the world connecting autonomously and sharing decision-making and value creation—will thin out.
That’s why we operate PGirlsChain and issue PGirls—not to ‘pump the price,’ but to run our community, deliver our work, open exclusive experiences, and reward contribution.
Listing criticisms is easy. We fight back with design and operations. Even in the dark, we keep a drum’s double-time beat pounding. The next step is your participation.”

Epilogue: General Remarks (John Closes)