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Are NFTs Just a Pyramid Scheme? | #209

The Milk Road Show

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The Future of NFTs

Last week the Zuki announced a new NFT collection in their IRL event in Vegas. They raised 40 million after selling these NFTs at 2e. Once everyone bought and they were kind of expecting this big reveal, the art was exactly the same as Zuki's. So what they did is it's actually diluted their initial collection because now if someone wants to be a Zuki because they like the art, they can just buy this new collection that's caused to way less than in a Zuki. But there's a lesson to be learned here. And we're going to talk about some numbers on chain later on in this episode of how NFTs are not in fact

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