Re:NFT projects are just MLMs for tech elites
by smt88 on Thursday September 30, 2021 @11:55PM
(#28714308)
> That doesn't mean there is an infinite number of any given collection.
For digital collections, there are an infinite number. The only finite thing, in this case, is the NFT.
NFTs are not digital representations of art. They don't create scarcity. They're digital trading cards: their scarcity is only relevant and verifiable in and of themselves.
Re:NFT projects are just MLMs for tech elites
by stickfigure on Thursday September 30, 2021 @11:04PM
(#28714011)
Any given collection will have all the staying power of a beanie baby. Everyone moves on to the next non-fungible thing.
Re:NFT projects are just MLMs for tech elites
by omarfarooq on Thursday September 30, 2021 @11:06PM
(#28714022)
> will have all the staying power of a beanie baby.
You're making a future prediction about an entire category invoking a specific instance from physical collectibles. Have all physical collectibles been subject to the fate of beanie babies?
That doesn't mean there is an infinite number of any given collection.