NFTs, Investing, Warnings
Careful Buying NFTs Via Collection Offers on LooksRare and Probably Other Marketplaces
A $130 lesson learned from an earlier article I wrote.
Well, $130 or so isn’t the end of the world, right? In the NFT space, that’s pretty much chump change. But, it still pisses me off to lose out on any amount of cash — especially when the whole system is so messed up. Here’s a quick cautionary tale for you to hopefully help you avoid the issue I experienced.
And btw, it’s all so weird because, just one year ago, I had no idea that OpenSea would account for about half of my working life. As the largest NFT marketplace, OpenSea is simply where most of the action lives. But it’s also not perfect, not by a long shot.
Back in May I ran an article looking into lowballing NFTs (making below-floor offers to see if bargains could be scooped up that way). I’d written the whole thing off as a failure (although also a learning experience). Here’s the piece:
