And certain NFTs also have scarcity built in. Both NFTs and crypto coins can cho... | Hacker News

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cortesoft on Oct 1, 2021 | parent | context | favorite | on: NFT projects are just MLMs for tech elites

And certain NFTs also have scarcity built in. Both NFTs and crypto coins can choose the level of scarcity they want, and all of the value for that scarcity is determined by whatever people believe it to be. NFTs are the exact same thing as crypto coins.

fortuna86 on Oct 4, 2021 [–]

> And certain NFTs also have scarcity built in.

Right, the "limited edition" sales ploy (limited to how many they can sell).

Because they can also mint a "new collection".

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