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Re:NFT projects are just MLMs for tech elites by baby on Thursday September 30, 2021 @11:43PM (#28714228)
There is no “scarcity” notion in NFT, each is by design unique.
Re:NFT projects are just MLMs for tech elites by miracle2k on Friday October 01, 2021 @05:02AM (#28716161)
That is actually correct and very smart. I can mint an infinite number of ERC20 tokens on Ethereum, and I can create an infinite number of Bitcoin clones. Bitcoin is only scarce in terms of its social support base being different than other coins; the same is true for any NFT. They simply have a supply of 1.