Altcoins Talks - Cryptocurrency Forum

Marketplace => Marketplace & Bitcoin Services => Advertise Your Stuff => Topic started by: martinnura on April 26, 2023, 09:13:21 AM

Title: What draws people to own NFTs?
Post by: martinnura on April 26, 2023, 09:13:21 AM
Ever since their rise to popularity in 2021, new use cases have been cropping up for these digital assets. Initially, they were sought after for their collectible value and for the exclusivity they offered, but more recently, we can see a shift in the motives of NFT holders. A recent survey by CoinGecko ranked 11 reasons why people invest in NFTs… And utility and long-term profits top the list. It would appear that people are interested in owning assets from NFT marketplaces for digital collectibles only if they offer some tangible use and/or financial benefit in the long run. While other aspects do play a role, these are the main reasons why people invest in NFTs.