I don't see a future of NFT in artwork, how come the most being SOLD NFT are memes and very low-class art, a lot of good artists are putting in so much effort and time but only a few people appreciate their art, but I see that NFT will be the future of games. NFT games are the next-level gaming, and everyone doesn't want to miss out. A lot of good projects are coming out where you can purchase, play to earn, stake NFTs and compete in the Future of Defi Based Gaming
I'm excited about the future of gaming.
Topic: Is it wise to invest in nft art work? - page 4. (Read 612 times)
NFT market is booming recently, many people are investing more and more in NFT art work.
But I think the potential of these art work might be overvalued.
Take an example, I've just participated in an NFT art work value prediction on X Predict market.
Most people estimated the final bid value will be more than 150 busdt, but actually it reminds at 77 budst.
I think it's a sign that most nft art work is overvalued.
It's so easy to make nft art work now, the value of the work itself depends on it's art value after all, nft didn't really add anything on art itself.
But I think the potential of these art work might be overvalued.
Take an example, I've just participated in an NFT art work value prediction on X Predict market.
Most people estimated the final bid value will be more than 150 busdt, but actually it reminds at 77 budst.
I think it's a sign that most nft art work is overvalued.
It's so easy to make nft art work now, the value of the work itself depends on it's art value after all, nft didn't really add anything on art itself.
NFT is really the number 1 trend withing cryptos right now, but that also means that a lot of people are trying to ride that hype wave and just want to make some quick bucks with that with putting only minimum effort into it. I only invested into some crypto projects that are about NFT trading and creation and so on but i did not look into buying NFT artwork yet. I got some NFT cards as an airdrop though but i never did anything with them so far so they are still in my wallet. If you want to buy NFT artwork i think you have 2 choices.. the first would be to buy a piece of a well known artist but that will probably be pretty expensive but of course the price for that piece could still increase heavily in the future or you buy art from unknown artists but there it is very much possible that those will become worthless in the future.
NFt artwork was a good thing but the artwork that can be used as investment should be have limitation on its artwork. Did you see the crypto punk? some crypto punks already bought for a few millions USD.
That means the value of art was always there but remember if this can't happen with the whole of NFT artwork.
Only the rare NFT that will be very valuable in the future
That means the value of art was always there but remember if this can't happen with the whole of NFT artwork.
Only the rare NFT that will be very valuable in the future
NFT market is booming recently, many people are investing more and more in NFT art work.
But I think the potential of these art work might be overvalued.
Take an example, I've just participated in an NFT art work value prediction on X Predict market.
Most people estimated the final bid value will be more than 150 busdt, but actually it reminds at 77 budst.
I think it's a sign that most nft art work is overvalued.
It's so easy to make nft art work now, the value of the work itself depends on it's art value after all, nft didn't really add anything on art itself.
They really are, those expensive NFT artworks? they're really overvalued but I think there's really value with those in the future but we don't know and we can't determine. Although the favor is with the art maker and those digital prints that they create have been valued nicely on their end. But I think the potential of these art work might be overvalued.
Take an example, I've just participated in an NFT art work value prediction on X Predict market.
Most people estimated the final bid value will be more than 150 busdt, but actually it reminds at 77 budst.
I think it's a sign that most nft art work is overvalued.
It's so easy to make nft art work now, the value of the work itself depends on it's art value after all, nft didn't really add anything on art itself.
And for the buyers of those arts, if they sees the value on it, they won't care even it is quite expensive and seems to be overvalued for the perspective of other people.
Nft trend is really amazing. I didn't understand the logic of NFT. People now showing great interest toward nft and even simple Images are sold on 50 ETH. I did not understand what will happen to this nft if no buyers there.
NFTs are non fungible tokens, they are just like coins, if the demand increase the price of the token will also be increasing, if the demand decrease, the price of the token will also be decreasing. In nfts, if their is no buyer, the token will be useless and has no worth or value.I don't think all NFT art work will have a bright future. The card or artwork should have a unique purpose or use case in NFT market. Without any impressive use case I don't know if there's a bright future on it. For example play to earn now is NFT at the same time the character has a unique purpose and gen. A simple artwork without purpose is not attractive. I won't buy.
Maybe, but I do not think it will not have bright future, what is the purpose of paintings, people like painting and like to buy it, also some people will like digital art works and will want to buy it to claim the owner of the token associated to it, that is just how it works, people can go for even irrelevant thing and make it has value.
I don't think all NFT art work will have a bright future. The card or artwork should have a unique purpose or use case in NFT market. Without any impressive use case I don't know if there's a bright future on it. For example play to earn now is NFT at the same time the character has a unique purpose and gen. A simple artwork without purpose is not attractive. I won't buy.
Nft trend is really amazing. I didn't understand the logic of NFT. People now showing great interest toward nft and even simple Images are sold on 50 ETH. I did not understand what will happen to this nft if no buyers there.
NFT market is booming recently, many people are investing more and more in NFT art work.
But I think the potential of these art work might be overvalued.
Take an example, I've just participated in an NFT art work value prediction on X Predict market.
Most people estimated the final bid value will be more than 150 busdt, but actually it reminds at 77 budst.
I think it's a sign that most nft art work is overvalued.
It's so easy to make nft art work now, the value of the work itself depends on it's art value after all, nft didn't really add anything on art itself.
But I think the potential of these art work might be overvalued.
Take an example, I've just participated in an NFT art work value prediction on X Predict market.
Most people estimated the final bid value will be more than 150 busdt, but actually it reminds at 77 budst.
I think it's a sign that most nft art work is overvalued.
It's so easy to make nft art work now, the value of the work itself depends on it's art value after all, nft didn't really add anything on art itself.
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