teddit

it is WILD to me that we only have allowlists for minting and NOT for secondary sales.

that’s not how the trading of art, luxury goods, family heirlooms, homes, even surfboards works.

most secondary marketplaces IRL have a curation layer to filter buyers.

this is why NFT marketplaces lose volume to private txns :)

/ted | exploring the onchain frontier | surfing @ venice, ca | eating @ gjusta / gjelina

I think private txns *are* that curation layer for secondary sales. The ecosystem is too small and young for that sort of marketplace specialization—with few exceptions, sellers want liquidity, buyers want smooth txns that settle quickly.

In those rare exceptions, you have private txns and the trad auction houses.

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Experimental 2D/3D artist. Data science Pythonista. He/They. Nerdy++; (Nearly) all work CC-BY/CC0/FOSS

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From my experience, the PFP mania is why people don't take NFT art seriously. I offered to airdrop one of my NFTs to an acquaintance, and the convo instantly became derailed and fell into the "overpriced monkey JPEGs" ravine.

I had to show him my work for him to realize, "Oh you make ACTUAL art as NFTs." 🤦‍♂️

sure, I agree with your POV on the current state of NFT marketplaces and ecosystem. and its why most people don’t take NFT art seriously. 

i tend to think about blockchain pragmatically: how it can enhance human behavior and systems.

private txns are time consuming for the seller, which is why sotheby’s exists.