Second largest NFT marketplace apparently 87% wash trading

I’m surprised.

Not by a libertarian techbro LARP of what they imagine a free market to be being riddled with fraud; that’s a baseline expectation; but that the absurd inefficiency of blockchain transactions(and associated high transaction costs) make that much wash trading economically viable.

When it comes to gas prices; Ethereum makes the high cost bits of Western Europe look like some sort of heavily subsidized petrostate by comparison.

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