Back to collectionA record NFT month meets an unsigned runway plan
Background: At month’s end, the studio was still waiting for financing and contracts to be finalized, while record NFT sales were making headlines. Today: August closed with BTC at 47,000; NFT sales for the month set a record. Impact and next steps: A lively market brought confidence, while making funding plans feel more urgent.
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Background: At month’s end, the studio was still waiting for financing and contracts to be finalized, while record NFT sales were making headlines. Night Watchman was watching the community’s mood; management needed to judge what market excitement and the studio’s runway each actually meant, without treating hope as money already received.
Today: August closed with BTC at 47,000; NFT sales for the month set a record. The team felt that the runway could extend if financing moved forward, but that remained an expectation, not a signed or funded outcome. Night Watchman reminded the chat to keep market exuberance separate from the studio’s actual progress.
Impact and next steps: A lively market brought confidence, while making funding plans feel more urgent. The studio’s remaining time still depended on financing coming through. Management continued waiting for signatures and reviewing the cash plan; Night Watchman tempered excessive optimism while they waited for the autumn commitments to have documentary backing.