Ora-Ora Founder Tsui-Leung on the Art Market

Ora-Ora Founder Tsui-Leung on the Art Market

Assessment

Interactive Video

Business

University

Hard

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The video discusses the fall in valuations of tokens, comparing it to past market bubbles. It explores the potential of NFTs in the art market, highlighting the interest among young collectors and the challenges faced by traditional art markets. The discussion extends to China's unique approach to blockchain and NFTs, and the use of cryptocurrency in art transactions, emphasizing the volatility and strategic considerations involved.

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3 questions

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1.

OPEN ENDED QUESTION

3 mins • 1 pt

In what ways can NFTs transform the art market?

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2.

OPEN ENDED QUESTION

3 mins • 1 pt

How do collectors perceive the value of NFTs compared to traditional art?

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3.

OPEN ENDED QUESTION

3 mins • 1 pt

What factors contribute to the volatility of NFT prices?

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