Exploring the Concept of Beauty in Art
Art Basel Hong Kong Returns To Pre-pandemic Measurement For 2024 Version
“If you need to stimulate extra wash buying and selling, you’d have to kill the royalties,†Salah Zalatimo, CEO of NFT marketplace Voice, informed ARTnews. Wash trading refers to when a trader sets up multiple wallets to sell NFTs to themselves, rising the value every time to trick outside patrons into pondering that the asset is growing in value. If a platform mandated royalty funds, each time a hypothetical dealer offered an NFT, they’d have to pay out a royalty payment each time – sometimes 10% of the sale…
