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by CryptoPunk 1916 days ago
The article is baseless speculation, like this:

>>The name of this game is “number go up.” This is about pumping B20, so holders and Metapurse can benefit when they go to sell the token—i.e., get more ETH, buy more NFTs, rinse, repeat.

First of all, the buyer putting the art up on a digital museum is exactly what you'd expect from someone spending $70 million on an NFT. The author spins it as some scandalous revelation.

Similarly, the buyer selling tokenized shares in their art collections is being cynically spun as nothing more than a "number go up" game, which completely discounts the value this business model could provide, in democraticizing art ownership, enabling art to be more readily used as financial collateral to access liquidity, etc.