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.
You are answering your own question and the answer is a clear no, are we going to see a bunch of NFT art being valuable over the next years? I think the answer is yes, however is the majority of that art going to be completely useless and will have no value during the next months or years? And the answer to that is also yes and it is almost impossible to try to predict which piece of art is going to be valuable and which will not so the majority of those that are investing in this market are just wasting their money.