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Tom McLeod: Genius of the Commons - [Web3 Breakdowns, EP.39]

Making Markets

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How Does Pricing and Valuation Work?

The only thing wilder than crypto is art and collectibles. The amount of accelerated knowledge i feel like i've got in the last eight months or so. You think chenanigans are happening on web three, there's a ledger. People are doing stuff in art. I mean, ther're families in switzerland or buying things at 20 % off but agreeing to lock them up in mountain vaults for 30 years as scarcity. And it's all unregulated, and it's never gong to get regulated because everyone moves their money through these things.

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