What factors affect NFT valuation?
NFTs are non-fungible tokens that have become increasingly popular in recent years. Factors that affect NFT valuation include the uniqueness of the digital asset, the artist or creator behind the artwork, the historical significance of the art, and the demand for it in the market. Other factors such as the condition of the artwork, the size of the market, and the current status of the blockchain platform can also play a role in determining the value of an NFT. Ultimately, the value of an NFT is subjective and can vary greatly depending on numerous factors.
This mind map was published on 22 June 2023 and has been viewed 151 times.
