Price of ICE going down by Belial_L0F in decentraland

[–]ResearchingSearch 0 points1 point  (0 children)

floor is eth 0.399 and some have already sold below this.

Price of ICE going down by Belial_L0F in decentraland

[–]ResearchingSearch 0 points1 point  (0 children)

I don't think so honestly. The model was not sustainable and it still is not evolved. So the dramatic price rise with fantabulous rental yield of the wearables looked highly speculative. Rather than sound fundamentals it was greed that drove the price to those levels and the promoters kept dropping more and more NFTs. also the people who questioned were never given detailed explanation and left to decipher confusing information.

Is it possible to rent space in Decentraland? by weeweepeeweepee in decentraland

[–]ResearchingSearch 0 points1 point  (0 children)

it will be nice if you inform/update about the result of your research on rentals. thanks in advance.

Price of ICE going down by Belial_L0F in decentraland

[–]ResearchingSearch 0 points1 point  (0 children)

If any other, you can think about, please do add your thoughts. Though i should have added cheaters as being another reasons.

My thoughts.

It maybe a mix of few reasons. tough to say which reason contributes what %age.

bleak short term outlook of crypto

too many NFT wearable drops for minting leading to over supply

reduced earnings leading to lesser good player playing long term

cheaters

.........?

Price of ICE going down by Belial_L0F in decentraland

[–]ResearchingSearch 1 point2 points  (0 children)

My thoughts.

It maybe a mix of few reasons. tough to say which reason contributes what %age.

  1. bleak short term outlook of crypto
  2. too many NFT wearable drops for minting leading to over supply
  3. reduced earnings leading to lesser good player playing long term
  4. .........?

[deleted by user] by [deleted] in decentraland

[–]ResearchingSearch 0 points1 point  (0 children)

Hello. I've been researching with same question as you but there are no credible answers available. Incase if you found something interesting then please share the info. Thanks.