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RE: The Virtual Economy Will Be Enormous

in LeoFinance • 3 years ago

So in a way, the NFTs might have a high value but no buyers.

Why do you think that? Art has no liquidity yet tremendous value. The liquidity in real estate is very low yet people are selling stuff all over the place.

In reality, it only takes one buyer to make a deal.

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3 years ago in LeoFinance by
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     3 years ago  

    The problem is that real estate is still a part of daily life while art seems more like a hobby. After all people need a place to live.

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       3 years ago  

      And Art is a hobby that people spend million on.

      The point holds regardless of the reason for the need. There are many non-liquid markets where stuff is sold.

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