The biggest problem in the NFT market that nobody mentions
Over the past year or so, there have been many new developments in the crypto industry. In particular, the development of non-fungible tokens (NFTs) has attracted investors from all over the world. for
In August alone, total NFTs reached $ 5.2 billion and increased by $ 4 billion in September. In recent months, NFTs have become more profitable. Any amount of income associated with anything under the sun like art, digital collections, real estate, etc. can be used to represent commercial products and not for the need of intermediaries. , allows homeowners to supplement their income stream. for
Although non-fungible tokens (NFTs) have offered new concepts of currencies, as part of their existing development, all companies are motivated by the thinking of certain platforms such as OpenSea and Rarible. for
The original authors of NFT could not prevent clients from advertising their work on another platform, which could potentially affect future revenue. In fact, digital systems that share the cost of partners are often self-sufficient, so they cannot reach the applications that most people familiar with blockchain technology have already used.
Another major factor affecting rapid growth today is the reduction in the high market costs often associated with the registration and sale of digital tokens when NFTs are sold through private sales, and the old manufacturers have it. have retained.
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