https://cointelegraph.com/news/the-feds-are-coming-for-the-metaverse-from-axie-infinity-to-bored-apes?utm_source=hodler
fuck the dude who wrote this lol
the opening blanket statement that nfts should generally be considered utilities is trash, and his argument that its because many nft projects are partially funded through the presales or sales of nfts prior to full development....ok so why when I preorder Call of Duty, is that not purchasing a security versus simply purchasing a presale of yet-to-be-fully developed project
https://cointelegraph.com/news/the-feds-are-coming-for-the-metaverse-from-axie-infinity-to-bored-apes?utm_source=hodler fuck the dude who wrote this lol the opening blanket statement that nfts should generally be considered utilities is trash, and his argument that its because many nft projects are partially funded through the presales or sales of nfts prior to full development....ok so why when I preorder Call of Duty, is that not purchasing a security versus simply purchasing a presale of yet-to-be-fully developed project
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