Re:NFT/crypto art is exploding – so here come the tech mogul...
by PragmaticPulp on Friday February 19, 2021 @02:01PM
(#26196626)
It's naive to think that existing NFTs aren't a product of those so-called tech moguls.
The difference is that they want to close the door behind them. NFTs are a tough sell when the market is flooded. It's easy to flood the market because the cost of production is basically zero, so anyone with licensing rights will be looking to "sell" their merchandise as an NFT, which costs nothing to produce, deliver, or support.
The difference is that they want to close the door behind them. NFTs are a tough sell when the market is flooded. It's easy to flood the market because the cost of production is basically zero, so anyone with licensing rights will be looking to "sell" their merchandise as an NFT, which costs nothing to produce, deliver, or support.