NFTs Flashcards

1
Q

ethical issues

A
  • copyright issues
  • ownership is meaningless
  • rug pulls
  • wash trading
  • whitelisting
  • benefits the rich through capital
  • decentralization of the free market
  • privacy
  • lack of regulation
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2
Q

recs to mitigate ethical concerns

A
  1. regulate the NFT space
  2. high quality creation
  3. avoid fruad
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