The kind of item that you're selling in all three of these contexts are very different. So like scarce block space, these fungible tokens and these non-fungible sort of very unique products that you can sell for different prices. In the context of an NFT you have one single item whose value you're trying to figure out or like a batch of replicas of single individual items that you're Trying to Figure Out. And it's sort of remarkable that sort of the same auction theory helps you price all 3 of these different, very different kinds of products.

Get the Snipd
podcast app

Unlock the knowledge in podcasts with the podcast player of the future.
App store bannerPlay store banner

AI-powered
podcast player

Listen to all your favourite podcasts with AI-powered features

Discover
highlights

Listen to the best highlights from the podcasts you love and dive into the full episode

Save any
moment

Hear something you like? Tap your headphones to save it with AI-generated key takeaways

Share
& Export

Send highlights to Twitter, WhatsApp or export them to Notion, Readwise & more

AI-powered
podcast player

Listen to all your favourite podcasts with AI-powered features

Discover
highlights

Listen to the best highlights from the podcasts you love and dive into the full episode