Beanie, a small-cap tech and crypto venture investor, highlights a critical transparency issue with the Phygitals platform regarding Fwog cNFTs. The inability to view the total number of cNFTs minted creates uncertainty for collectors and could signal a lack of transparency or potential liquidity concerns for the Fwog project. Investors interested in Fwog cNFTs should exercise caution until this key data point is made publicly available.