So what happened with the market? Why is people selling

It’s really simple supply and demand. Prices dropped as demand dropped. Demand went up some due to the lower prices and prices have settled a bit. They probably dropped significantly since they were overvalued. People are also worried that the Disney NFTs won’t be minted in Immutable and can’t be transferred to another market like OpenSea.

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22.11.2021

JM

Is that confirmed? The part about Disney nfts

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22.11.2021

Michael

JM
Is that confirmed? The part about Disney nfts

What we know is that some big brands are not on board with NFTs moving off the VeVe app. Don’t know which ones yet. Disney could be one of the ones that doesn’t let them move off the app.

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22.11.2021

Cynthia AmaZix

Michael
What we know is that some big brands are not on bo...

It's best not to speculate and wait for official announcement, to avoid fud.

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22.11.2021

David’s fr⭕️zen Hair Croc?

Michael
What we know is that some big brands are not on bo...

Where is this written?

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22.11.2021

Michael

Cynthia AmaZix
It's best not to speculate and wait for official a...

Well it’s all speculation, right? Some people buy hoping the price will go up and they can sell for a profit. It’s good to consider all possibilities. It’s not FUD, it’s what they said on the AMA.

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22.11.2021

Michael

David’s fr⭕️zen Hair Croc?
Where is this written?

It was said by either David or Daniel on the AMA. Can’t remember which one. They said some big brands are not on board with interoperability.

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22.11.2021

David’s fr⭕️zen Hair Croc?

Michael
It was said by either David or Daniel on the AMA. ...

Once they can make $$$ for it they will be.

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22.11.2021

Cynthia AmaZix

Michael
It was said by either David or Daniel on the AMA. ...

Agreed 100%, but the brands are not yet known. Let's not assume which is and is not. We've always said in the community "some" can be transferred. But there's no official info about which yet.

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22.11.2021

Michael

David’s fr⭕️zen Hair Croc?
Once they can make $$$ for it they will be.

That’s just as much speculation as my concerns. Good to consider both sides. Could go either way, but important to consider all possibilities while investing.

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22.11.2021

Michael

Cynthia AmaZix
Agreed 100%, but the brands are not yet known. Let...

Wait so we can’t guess about what might be happening to our NFTs? I haven’t at all said that it’s definitely Disney. Just that it might be, which is true. It could be any of them. We don’t know which yet, but you’re saying that we can’t talk about which ones it might be?

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22.11.2021

Cynthia AmaZix

And if it turns out the ones you speculated on are not among, while many have dumped their holdings based on that assumption?

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22.11.2021

Michael

Cynthia AmaZix
And if it turns out the ones you speculated on are...

Okay, so just to be clear. We are also not allowed to say that we think certain NFTs are really great and that we think they might go up, right? I’m just discussing something that company leadership said. I don’t remember seeing any rules saying we couldn’t do this. Can you please post the official rules here again so that we are all on the same page?

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22.11.2021

T C aka Bob · Accepted Answer

T C aka Bob

Why dont you ask those who selling....

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22.11.2021

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So what happened with the market? Why is people selling

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