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What makes an NFT valuable?

Posted: 17 Mar 2023, 06:41
by martinnura
There are several factors that contribute to an NFT’s value. Of course, you have the value that comes with the creator. An NFT of a high-profile celebrity would definitely be more valued. And you also have the value of the underlying asset itself that determines the token’s value. The utility an NFT provides you with is also a major deciding factor. When it comes to an NFT collection listed on an NFT marketplace for digital collectibles, an important determinant is how rare an NFT is or how rare certain attributes are.