web3/concepts/artificial-scarcity.md

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# Artificial Scarcity
The abstract notion of creating an asset which has no physicality or underlying and whose demand curve is not generated by [use-value](use-value.md) or [income-cashflows](income-cashflows.md).
Financial instruments like bonds, stocks and derivatives are not artificially scarce because of their underlying cashflows. Commodities are not artificially scarce because of their physicality and intrinsic value.
Products like [crypto asset](cryptoasset.md) and [nft](nft.md) are artificially scarce.