4 ms·
I think we are missing the main point: NFTs are all about speculation. You buy an NFT not because you want to own it (and hang it in your virtual residence in t
by tkiolp4 6y ago
I think we are missing the main point: NFTs are all about speculation. You buy an NFT not because you want to own it (and hang it in your virtual residence in the meta verse), you buy it because you hope you can sell it later at a higher price. Marketplaces are taking a fee for every sell and saying who owns what (ridiculous because you can check that yourself... but not everyone knows how blockchain works).
It’s like art in the real world. The ones who own a Picasso, sure enjoy it by showing it to guests... but the real pleasure comes when they are able to sell it for double the price they have paid for it.