NFTs

Out of context: Reply #734

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  • neverscared0

    More broadly, one analysis from the Alan Turing Institute, which focused largely on data from OpenSea, found that 75 percent of NFTs that sell at all go for less than $15, while the majority never sell in the first place. Only 1 percent traded above $1,500. “It’s very clear that very few people can really go over $1,500 in selling,” says Mauro Martino, head of IBM’s Visual AI Lab and one of the researchers on the analysis. “It's not a magic place where everybody becomes rich. It’s really much the same reality in any other type of business.”

    https://www.wired.com/story/nfts…

    https://www.turing.ac.uk/blog/no…

    • yes. and that's why qbn is free and the last bastion of freedom and liberty. all hail the qbn coin.shapesalad
    • Very few artists can sell a physical piece for over $1500 either.
      OpenSea is an open marketplace, meaning anyone can post any shite.
      microkorg
    • Have a look around OS. 98% shite.
      Stats for 'invite only' platforms like Foundation/KnownOrig... would tell a different story.
      microkorg
    • knowing origin has a lot shit floating around...90%neverscared

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