4 ms·
The entire point of NFTs is that you can attach a verifiably limited supply to a set of collectables. Just like with their real world counterparts, you can have
by Taek 6y ago
The entire point of NFTs is that you can attach a verifiably limited supply to a set of collectables. Just like with their real world counterparts, you can have knock-offs and reproductions that people collect, but the owner of the actual original one knows they have something of a limited set.
- Can_Not 6y agoWhen beanie babies have limited supply, it's because the factory has to manufacture other goods for their next contract. When imaginary cryptohashes have limited supply, it's kind of pointless, or at least there is nothing good for the buyer or society.
- xfkechyk 6y agoThere are plenty of products where scarcity is intentionally created, though. Disney DVDs are a prime example.