Hacker News Reader

Imagine starting an NFT market and not even doing the standard wash trades to set the ridiculous prices for all of the FOMO spam.

Oh my god, these guys were true believers. That’s even more hilarious.

Washing is pretty abrasive when there's a 5% sales commission.

Not for the people running the market.

I think they are suggesting that the exchange would use bot accounts, exempt from trading fees.

You gotta spend money to grift money.

Even if they did pay it they would be collecting their own vig

You need to work on your grindset - Washing is cheap when there's a 5% sales commission.

A low price to pay when you're laundering money, which is the only real NFT use case.

It's pretty weird to call your product "a fully decentralized platform" as you announce that you have unilaterally shut it down.

In other news companies launch products that fail. Not sure what is suprising about that.

What's surprising is that anyone believed it was a product.