NFTs and Value go hand in hand (so I think). The value of NFTs is determined by several factors, and one of them, which I consider the most important is Demand. It is quite an interesting concept.
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NFTs and Value go hand in hand (so I think). The value of NFTs is determined by several factors, and one of them, which I consider the most important is Demand. It is quite an interesting concept.
yeah very true, demand is a necessary factor to consider the value of NFTS... Unlike in 2021 when it was a big hit, now people do not really venture into it even though it tokenized
It goes back to the basics of everything that has value in the economy. It's always about Demand & Supply.
The issue with NFT though is that they always attract the force of Demand through aggressive marketing without any tangible use case
I think the real value is the use case, currently on the market there are many NFT but without any sense that makes you think why you would have one, a clear example of spl's RUNNI of course I would buy it.