Artwork for podcast Floor is Rising
Price Manipulation in NFTs, What is it and how is it done.
Episode 410th July 2021 • Floor is Rising • Floor is Rising Podcast
00:00:00 00:17:44

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Podcast summary service @Thereadingape did a good summary of this podcast nobody wants to talk about it.

  • It's not much discussion because
  • Promoters of NFTs don't want to talk about this because it will damage the NFT market
  • Others just don't collect enough NFTs to know anything about this
  • Beeple's history making sale 5000 Days involved a multi-month plan to increase the hype and prices around Beeple.
  • The rise of pricing for Cryptopunks with stories of specific celebrities who raised the floor with their purchases.
  • Gatekeeping methods in the traditional art markets will come into play in cryptoart markets as well.