Lovelace World
  • Abstract
  • Background
    • Limited Secondary Market with NFTs
    • Current NFTs are Without Purpose
    • Oversaturation of Non-Differentiated Marketplaces
    • The Case of Too Little or Too Much
  • Solution
    • Metaverse-as-a-Service
    • Incentivization
    • The Future of Crowdfunding
    • Interoperability
  • Our Products
    • Lovelace Marketplace
    • Comprehensive Creator Tools
    • LoveLoot Launchpad
    • Adanimals
  • Infrastructure
  • LACE Token Functionality
    • Governance
    • NFT Discounts
    • Native Staking
    • NFT Experiences
    • Lovelink Connector
    • LaceUP Launchpad
    • Economics
  • Our Stakeholders
  • Roadmap
  • Partners
  • Disclaimers
  • Additional Resources
  • Telegram
  • Twitter
  • Website
  • Github
Powered by GitBook
On this page

Was this helpful?

  1. Background

Limited Secondary Market with NFTs

We have found that most projects revolving around art and collectibles are purchased based on speculation and hype, but due to low demand their secondary market is extremely limited resulting in poor resale value. Without a strong secondary market, the value of such art in its first issuance becomes questionable, and in time we believe the NFT market for digital art and collectibles will diminish unless the approach is reimagined and re-engineered.

PreviousBackgroundNextCurrent NFTs are Without Purpose

Last updated 3 years ago

Was this helpful?