These are some of the lowest-volume days I’ve seen in NFTs, but I think that’s actually healthier than folks schizo-trading jpegs every day.
For character IP NFTs (pfps), which are akin to season tickets or club memberships, you want these to slowly find their forever homes. Low-velocity secondary markets should also attract long-term holders with low time preference, a better audience now that every dollar spent by the teams has to come from traditional revenue sources and not royalties.
Show original
1.04K
2
The content on this page is provided by third parties. Unless otherwise stated, OKX is not the author of the cited article(s) and does not claim any copyright in the materials. The content is provided for informational purposes only and does not represent the views of OKX. It is not intended to be an endorsement of any kind and should not be considered investment advice or a solicitation to buy or sell digital assets. To the extent generative AI is utilized to provide summaries or other information, such AI generated content may be inaccurate or inconsistent. Please read the linked article for more details and information. OKX is not responsible for content hosted on third party sites. Digital asset holdings, including stablecoins and NFTs, involve a high degree of risk and can fluctuate greatly. You should carefully consider whether trading or holding digital assets is suitable for you in light of your financial condition.