Yes, there has been a hyper-financialization in the NFT space, but money is not a dirty word in art. Money and art are interlinked. NFTs, being so transparently connected to the content that’s being produced, is not negative thing from my perspective. That being said, in the last two years, because of the bear market, there hasn’t been as much turnover. People have had time to really focus on their projects, spend more time building and to understand what they want to communicate. There’s fewer people throwing something out there trying to make a bunch of money and then pulling away from the ecosystem.
The Saylor-Buffett Ratio: A New Lens on Market Speculation | by Daniel Kaufman | The Capital | Nov, 2024
In a market dominated by headlines of uncertainty and innovation, few metrics capture the clash of traditional and speculative investments...
