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> NFTs legit or mania? So you are comparing it to Canal Mania in 1793? I think yes, there will be NFT's sold far to high for investment purposes right now, bu
by aaron695 6y ago
> NFTs legit or mania?
So you are comparing it to Canal Mania in 1793?
I think yes, there will be NFT's sold far to high for investment purposes right now, but others that are profitable, it will be an on going business / art form.
I personally think $2.5m for the first tweet in a mature market would be embarrassing. Are you allowed to destroy the first tweet, if you are getting true control then yes I think it might be worth $2.5m. Else you are not actually buying the first tweet, unlike art created only as NFTs. So that has a embarrassing side, you're a rich person who doesn't even truly own it.
https://en.wikipedia.org/wiki/Canal_Mania https://en.wikipedia.org/wiki/Canal_Mania
- cloudking 6y agoYes and Tulip Mania https://en.wikipedia.org/wiki/Tulip_mania https://en.wikipedia.org/wiki/Tulip_mania