A number of elements, like demand and rarity, affect an NFT's value, but its usefulness and ability to solve a specific issue may be the most crucial ones.
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A number of elements, like demand and rarity, affect an NFT's value, but its usefulness and ability to solve a specific issue may be the most crucial ones.
While demand and rarity are crucial for NFT value, it's also important to look at how useful a token is. Some NFTs do more than just look good, they solve real problems. For example, they might help prove who owns something online.