4 ms·

Despicable. Only way to describe it.

• TedShiller 5y ago
  Not at all, they've built something awesome that people love to use and benefit from
  • bla3 5y ago
    36k wallets own 80% of NFTs, 10x that number of wallets own all of them [1]. And that's wallets, not people. That's not what "people" want, that's what a bunch of millionaires push, hoping to get out first. 1: https://nwn.blogs.com/nwn/2022/01/second-life-nft-ownership-rate.html https://nwn.blogs.com/nwn/2022/01/second-life-nft-ownership-...
    • fastball 5y ago
      And in the beginning of SecondLife, SecondLife owned 100% of all content.
    • okwubodu 5y ago
      Oh wow that’s actually a better distribution than the stock market [1]. But maybe Wall Street’s a Ponzi scheme too. 1. https://www.cnbc.com/2021/10/18/the-wealthiest-10percent-of-americans-own-a-record-89percent-of-all-us-stocks.html https://www.cnbc.com/2021/10/18/the-wealthiest-10percent-of-...
      • m_ke 5y ago
        It is
      • bla3 5y ago
        The link you posted says that ratios are similar, but number of involved people is several orders if magnitude bigger.
  • deanCommie 5y ago
    They've built an exchange for fraud, money laundering, and pump-and-dump ponzi schemes. Which scammers, money launderers, and ponzi schemers love and benefit from, yes.
    • TedShiller 5y ago
      That's not what they've built. You may want to check out their product.
    • gjs278 5y ago
  • WoahNoun 5y ago
    Constant wash trading and front-running; truly innovative. A lot of people will lose a lot of money because grifters told them their NFTs will be worth something.