FTX's (Blockfolio) NFT platform is live...and pieces are priced in dollars. No evidence anyone is using this over FTX US's SOL-denominated platform, but interesting nevertheless.
@HideNotSlidepic.twitter.com/lvxhZdYKhD
Interesting... thanks for sharing. Do you think FTX's NFT marketplaces will beat the Solanarts/DigitalEyes/Opensea's of the world eventually?
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Pro et contra that come to mind: - Tax avoidance is impossible on FTXUS - Solanart is a curated, safe market for Metaplex NFTs, FTX can only limit selection by barring NFTs with security-like features - Cost of NFT-dealing on Solana is very cheap already + Cost of Opensea is high
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Ostensibly the reason Solana NFTs took off was because there was a huge carveout of retail who were unable to participate in NFTs on Ethereum due to high cost. FTX can solve that problem in a centralized custodial product and marketplace.
End of conversation
New conversation -
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