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Showing posts from April, 2022

FIND RARE NFT

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 For the last year, the NFT world has seen a dramatic spike in interest. This resulted in the sale of numerous NFTs for millions of dollars and numerous appearances in the news. Beeple (Mike Winkelmann), a well-known artist, recently sold his art collection for 69 million dollars. It wasn't his first piece of work, and he had sold several others previously, but this large transaction elevated him to the status of one of the highest-paid artists alive. From a single Doge image selling for $4 million to the first tweet by Twitter's founder selling for more than $3 million, there have been other NFTs that have fetched exorbitant prices. This prompted the question, what makes any NFT so valuable? Typically, the response is due to the item's scarcity and desirability. Popularity is not easily quantifiable (albeit social media helps in that regard). However, because there are a finite amount of specific qualities in any NFT and you can see how many exist, rarity can be incorporat...