The term option refers to a financial instrument that is based on the value of the underlying NFT. An options contract offers the buyer the opportunity to buy or sell the underlying asset. Unlike futures, the holder is not required to buy or sell the asset if they decide against it.
PFP NFT is a brand, and the ONLY long-term value it brings to its owners is its exclusiveness. The exclusiveness can be represented by membership, utility, Merch, or simply the floor price.
According to the DappRadar Q1 industry report, DApps lost $1.2B to Hacks just in Q1 2022. The report also suggested over $12 billion worth of NFT trades were conducted in the same period.