The NFT market bottomed out on July 2nd.
Next Monday @jenkinsthevalet’s Bored and Dangerous will light a spark in the NFT market and on Saturday @OthersideMeta’s First Voyage will throw gasoline on that fire.
Buckle up buttercup, shit is about to get weird.
can devise a way to make this the new industry standard. It's an idea whose time has come. @opensea@LooksRareNFT@rarible it's time to protect your customers.
offeree, then shouldn’t the tech align with time tested and proven principles of contract law that protect buyers and sellers from unintentionally finding themselves forced into an involuntary sale of their property? Maybe some devs or coders out there
them "smart" contracts shouldn't they be at least as smart as traditional contracts, so that offerees can't go back and resurrect "stale" offers that it's clear the offeror no longer intends to be bound to? If "smart contracts" are in fact "contracts" between an offeror and an
later the offeror changes any material term of the offer (e.g. price), then the original offer is considered revoked and cannot later be accepted, binding the original offeror to an old offer. If we are going to continue to call
A NEW LISTING AT A DIFF PRICE SHOULD AUTO-CANCEL ANY OTHER LISTING ON THE SAME #NFT. I HAVE A SOLUTION BASED ON TRADITIONAL CONTRACT LAW. Admittedly, I'm not a dev, but it seems to me this would be a relatively simple fix.
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#Crypto, #NFT's and other digital assets make #EstatePlanning even more of a necessity than physical assets due the complexities involved in holding, managing, and transferring them. Most Executors are not equipped to handle such assets. Be prepared.