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Re: cbrad10480 post# 70583

Wednesday, 11/10/2021 12:08:17 PM

Wednesday, November 10, 2021 12:08:17 PM

Post# of 82727
It's a catch 22, prices of buddies on secondary will adjust for fiat $ compared to ETH. It's harder to demand .10eth for an NFT when the price has almost 3x'd.

But there monetary cut is still 5% of total sales no matter the ETH value.

It just adjusts how much ETH they will get per sale.

If ETH drops then NFTs will cost more ETH but less fiat dollars.
If ETH rises it will cost less ETH but more fiat dollars.

All in all they still get 5%



My posts are my opinions and nothing else. Read them and analyze at your own discretion.

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