Is NFT A Pyramid Scheme?
NFTs are not a pyramid scheme. NFTs provide proof of ownership of digital assets. Regarding a pyramid scheme, recruiters receive a percentage of the fee for joining as a member, and the remaining percentage flows to the person on the top.
NFT provides only royalties to the creator. There are a few differences between NFT and Pyramid scheme which are as follows:
• The first point is that recruiting someone to purchase an NFT line that you own will not deliver any commission or direct benefit.
• The second point concerns the NFTs with meaningful value and utility. In contrast, pyramid schemes have no intrinsic value at all.
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