3min chapter

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NFTs - Blockchain-Powered Art, Trading Cards, Music, and More with Aftab Hossain

Modern Finance

CHAPTER

The Block Chain Collectibles - The Bonding Curve Theory

Oiler beats was really the first project to combine that, that bonding curve mechanic with this kind of collectable. The unique thing about oiler beets is anyone can sell it, or burn it, is what they call it. Anyone can burn it at any time on the block chain. And so there is always liquidity. It creates a highly efficient price discovery mechanism which you don't have with other collectables because you're waiting for someone else to basically buy or sell it.

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