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Care to offer some evidence of that? I haven't heard that and I am in the vertical. I agree that Impact Theory was selling securities, and I think it's pretty c
by dumbfounder 3y ago
Care to offer some evidence of that? I haven't heard that and I am in the vertical. I agree that Impact Theory was selling securities, and I think it's pretty clear. But bored apes a security? I don't think many share that opinion. How is it any different than art or pokemon cards? People buy both all the time with the expectation they go up in price.
- sroussey 3y agoDo the Pokémon card makers make money continuously as the cards change hands?
- _trampeltier 3y agoSpecial edition sneaker for sure. How can a sneaker cost 10'000$, 100'000$, 1'000'000$? https://luxe.digital/lifestyle/style/most-expensive-sneakers/ https://luxe.digital/lifestyle/style/most-expensive-sneakers...
- TimJRobinson 3y agoNo and bored apes don't either. Royalties on NFT sales have mostly gone away now when big marketplaces like Blur started ignoring them.
- Dylan16807 3y agoIf the buyer's expectation of profit from the common enterprise pushes something closer to being a security, wouldn't that kind of money extraction move it further from being a security?