NFTs
NFTs
Out of context: Reply #473
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- Salarrue0
NFT oligarchy? A study of 6.1M NFT trades finds a few folks at the center of the market
The top 10% of traders account for 85% of transactions & trade at least once 97% of all assets
10% of buyer–seller pairs have the same volume as the remaining 90%
https://www.nature.com/articles/…
source :
https://twitter.com/emollick/sta…- sorry :(Salarrue
- Because they trade among themselves and there's no actual NFT market?********
- *shocking*formed
- nasty stuff.neverscared
- while they are fucking the enviroment for all of us .. let that sink in.neverscared
- aren't we doing the same with traditional trades in a way? like when stocks move a lot it's because some big investor buys / sells assets.uan
- this causes the masses to follow and that's where money flows in or out the stock markets. the big guys (banks) know about it and gain value from those trades.uan
- the new thing with nft is, it's new markets. because it's new, they are still under development and therefore the trades are still concentrated in some small %uan
- now if the market grows, are the artists who got some profit take the money out of the market or are they investing in new artists.uan
- they need to make the market grow. in a way this algorithms will force ppl who think about personal gain to act in a social way that will benefit the market.uan
- @uan wtf are you talking about? Seriously! Who in their right mind would waste time getting wallets, crypto, etc. browse badly designed websites to buy jpgs?!********
- and ofc the artists take the money out, if someone would pay you millions overnight would you "reinvest"?!
no, wait, sure, here's 10 TZ for that jpg thanks******** - buying jpgs? lol:-) it's like saying when you buy a real picasso painting, do you buy canvas and pigments.uan
- I am not sure this ethereum thing is the best solution, I expect us to see some better tech in the future as this transition progresses.uan
- yeah "buying jpgs" is what common folk understand from NFTs
people barely understand crypto, NFTs are a little fractal in all that
You guys live in a bubble?******** - oh wait********