NFT market is booming recently, many people are investing more and more in NFT art work.
But I think the potential of these art work might be overvalued.
Take an example, I've just participated in an NFT art work value prediction on X Predict market.
Most people estimated the final bid value will be more than 150 busdt, but actually it reminds at 77 budst.
I think it's a sign that most nft art work is overvalued.
It's so easy to make nft art work now, the value of the work itself depends on it's art value after all, nft didn't really add anything on art itself.
Investing into NFT artwork is like you are buying a piece of art but digitally encrypted on the blockchain. However for the long-term in my opinion, I would rather invest in an NFT with special use cases such as Axie Infinity, Cryptoblades, Splinterlands, Trade Race Manager, etc.
If you are deciding to invest in a piece of artwork and hopefully flip it for profit later on, just decide at your own risk. Only invest what you can afford to lose and DYOR as much as possible.