Re:NFT projects are just MLMs for tech elites
by willio58 on Friday October 01, 2021 @12:13AM
(#28714450)
Just minting something does not give it value. Sure, you can give it a price. Likely nobody will pay for it unless they think it truly has value. It’s the responsibility of each NFT creator to convince people that it’s worth anything.
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Re:NFT projects are just MLMs for tech elites
by bravetraveler on Friday October 01, 2021 @12:18AM
(#28714485)
Subsequent 'owners' too. One could say having your name on the trail diminishes the value
Just smells like laundering to me
Re:NFT projects are just MLMs for tech elites
by tsimionescu on Friday October 01, 2021 @12:40AM
(#28714629)
Well, the art market is also largely powered by the elites' need to launder money, so in this sense they are similar.