NFT momentum kept building with big Punk sales and stronger collection activity, but the show quickly turned to the risks that come with more attention, including scammers, fake giveaways and community trust. Cap framed security as something Web3 should support before the next hack, while the crew debated what permissionless NFT ownership can and cannot solve when digital clubs cross into real-life events. Hyperliquid’s prediction market launch added a product angle, with lower fees and existing trader liquidity making it worth watching. Later, the show tied HV-MTL, Otherside galleries and digital art experiments into a bigger question of whether NFT season two can be built around better experiences, not just floor-price momentum.

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