I'm young enough to understand investing thousands into crypto but old enough that I don't understand why you would invest in NFTs.
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I'm young enough to understand investing thousands into crypto but old enough that I don't understand why you would invest in NFTs.
Quick example, this week I went after Topps MLB Series 1 packs, the premium packs which were $100 each and quickly sold out. They're now starting at $400 on secondary markets just days later, how about in a year from now, or 10 years from now? So from an investor stand point it can be very profitable.
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Oh I get that part. I've been buying stuff and selling it for a higher since on the internet for decades. The problem is the only people I know that have interest are investors and not people interested in collecting them. I understand Bitcoin cause it is a currently that can be exchanged for goods. BAT is trading attention for marketing opportunities. I get all that. I can understand NFTs that are used as ingame items. Its the rest I don't get. Buying thousands in artwork you can't hang on a wall.
gotcha, yeah that's hype, the nft bubble!