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No, think scarcity in the "artificial scarcity" sense where only 1000 copies of a certain handbag were made so they can market it as "limited edition" and deman
by jsmith45 4y ago
No, think scarcity in the "artificial scarcity" sense where only 1000 copies of a certain handbag were made so they can market it as "limited edition" and demand a higher price than if they were making as many as they could.
- seibelj 4y agoYes - Ferrari could make far more cars than they do. But new cars are limited edition and sold only to prior owners of Ferraris. This is a marketing strategy that keeps them artificially exclusive cars.
- hdlothia 4y agoThe problem is web3 hasn't yet come up with an experience as cool as owning and driving a ferrari and it's much easier to recreate/knockoff an nft than it is to make a facsimile ferrari