Price Floor: What is Price Floor and How Does It Affect Price Determination and Market Equilibrium
When moving from fungible tokens such as Bitcoin (BTC) or Ethereum (ETH) to NFTs, this qualitative element is a key shift. Because NFTs are unique, collection-level floors are a convenient shorthand for the minimum cost to gain exposure to that community or asset class. However, floors do not capture individual rarity or trait desirability, nor […]