9% of the wallets hold 80% of the value of the market. So much for decentralization.

AgreeableLandscape · 3 years ago

9% of the wallets hold 80% of the value of the market. So much for decentralization.

peppermint · edit-2 3 years ago

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seragold · 3 years ago

This is complete FUD. How much is held by how few wallets does not of necessity have anything at all to do with how a project is governed or how decentralized it is. Decentralization does not mean that the majority of wallets hold a roughly equal amount in the least.

null_radix · edit-2 3 years ago

this is a one type of centrilization. And in this context it is with NFT ownership. @AgreeableLandscape@lemmy.ml it looks like you don’t think NFT are credible so why would you think the ownership of NFT is a credible mertic of decentrilization? For refernce there are many metrics for decentrilization. I would argue NFT ownership is not a very useful one.

null_radix · 3 years ago

Nullius in verba

ericbuijs · edit-2 2 years ago

deleted by creator

9% of the wallets hold 80% of the value of the market. So much for decentralization.

9% of the wallets hold 80% of the value of the market. So much for decentralization.

12ft |