@NateAlexNFT It is hard to maintain a sustainable career when your first NFTs are selling for 5 ETH. We need galleries and institutions to cater for artists, maybe a foundation of a bunch of DAOs would be cool for this.
@KeyboardMonkey3 Many people will buy 20 works from an and then send one to auction and buy it for 10x what they bought it for. Then they will sell the other 19 privately for triple what they originally bought it for. Looks like a deal compared to the auction result.
@KeyboardMonkey3 They will just bid them to the moon because they are verifying an auction result for the traditional art world to look back on. It is no different then bidding way over the estimate high for emerging art. The 2,000 owners control the supply and now drive the demand.
Anyone else think itโs hilarious when someone tweets โShill me your coins that will 10x in 2021๐๐โ and the whole peanut gallery comes running?๐ฅ๐โโ๏ธ
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