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We already have artificial scarcity. It's called steam. You buy a game in steam, you can't resell it. This allows you to resell the things you buy.
by HeadsUpHigh 6y ago
We already have artificial scarcity. It's called steam. You buy a game in steam, you can't resell it. This allows you to resell the things you buy.
- HellDunkel 6y agoIt cant be artifial scarcity when there is endless supply.
- lottin 6y agoYou can't resell a game in steam because Valve doesn't let you, not because the game is being made artificially scarce. Which it is, but this is not the reason you can't resell it. The point is that reselling an NFT doesn't require a central ledger. The central ledger is necessary to prevent the same token from being sold multiple times by the same seller. In other words, to create the illusion that the seller doesn't have something (and therefore can't sell it) when in fact they actually have it.
- HeadsUpHigh 6y agoEach NFT is separate. You can authenticate a digital game by owning the nft. The publisher can sell as many tokens as they wish, that's entirely different. The point is that they can't stop you from reselling, because it's on the blockchain, not on steam.