NFTs
NFTs
Out of context: Reply #106
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- grafician4
"The real winners of the NFT craze, in fact, may not be the people speculating in NFTs, but the companies and technologies enabling them to speculate. Ether, for instance, is benefiting from its widespread use in NFT transactions, which provides a new real-world application for the cryptocurrency.
And while some speculators will get rich and others will end up losing money, the companies running the exchanges where these NFTs are traded may well clean up. (Dapper Labs is now raising money at a reported $2 billion valuation.)
You can make money being a gambler. But in the long run, it’s much safer to be the house."
- Don't dig for gold, sell the shovels.Nairn
- Dapper Labs is now raising money at a reported $2 billion valuation. = same company that started crypto kittiesjonny_quest_lives
- Dapper labs also claims NBA Top Shot is still in "beta" and takes 3 to 6 weeks to verify users before allowing them to redeem the "money" in their accounts.jonny_quest_lives
- virtual "gains" with no clear exit for users to cash out or remove their initial stake or "gains". sounds like most crypto companies...jonny_quest_lives
- Exactly. It seems like an endless wheel of being nickeled and dimed to death.CyBrainX
- jOIn tHe rEvolUtiOn!palimpsest
- the middle man always comes out on top.dopepope