Reply To: NFTs for Comic Books – First Impressions

[joshdahl]

I have yet to read any explanation of what VALUE NFTs may have.
Market value is set by t he interplay of supply and demand. NFTs have created an artificial SUPER LIMITED supply. There is only ONE of each token.

However… No one has demonstrated any DEMAND. I have yet to see a reason that anyone might WANT one… Other than the very vague “Someone else might want it eventually!”
More and more, the only real use I can see is as a vehicle to launder money in illegal transactions

“Guns? No, no, no, officer! I simply wired my friend three million dollars for a gif of a kitty!”
For exactly that reason, I think there will be massive regulatory hurdles for anyone actually trying to include these things in a legit portfolio.

[joshdahl]

I have yet to read any explanation of what VALUE NFTs may have.
Market value is set by t he interplay of supply and demand. NFTs have created an artificial SUPER LIMITED supply. There is only ONE of each token.

However… No one has demonstrated any DEMAND. I have yet to see a reason that anyone might WANT one… Other than the very vague “Someone else might want it eventually!”
More and more, the only real use I can see is as a vehicle to launder money in illegal transactions

“Guns? No, no, no, officer! I simply wired my friend three million dollars for a gif of a kitty!”
For exactly that reason, I think there will be massive regulatory hurdles for anyone actually trying to include these things in a legit portfolio.