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At least for some, you can ballpark it. Decentraland land is said to sell by the millions. Virtually nobody plays that game. In the hundreds of virtual worlds o
by cblconfederate 5y ago
At least for some, you can ballpark it. Decentraland land is said to sell by the millions. Virtually nobody plays that game. In the hundreds of virtual worlds out there the price is maximum ~$300 per month. That doesn't compute. Of course as gambling instrument it is fun, but there is no price discovery here, just a passing fad novelty
There is going to be some actual value in the nft mechanism, but in a future version of it (apparently this already exists). Right now the nft market doesn't give long term incentives to creators to maintain the high value of their work
- nathias 5y agocreators tax trade of their work and get a cut on every transaction, so there is an incentive to keep interest high in long term