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3/ They all look the same
The lack of differentiation among PFPs within a single project makes commercialization of "characters" impossible.
There are only 39 characters in the Sanrio-verse and 898 in Pokemon...
And the differentiation of characters is not a different hat.
2/ Your Monkey isn't Hello Kitty
Evergreen IPs are far and few between.
The majority of character IPs, regardless of their initial popularity, have a limited lifecycle.
You can count the # of evergreen character IPs with the digits on your two hands.
There seem to be only five 5 DRIP #CloneX in existence.
The more you DRIP, the closer you touch the divine face of @takashipom perfection.
Here are two:
6/ Capital Runway
@RTFKTstudios had always been one of most well-funded projects in the space.
@Nike's acquistion has opened the flood gates of access for copious amounts of further investment, insane production infrastructure and one of the world's largest fan bases.