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.
It's like any other market really. NETS have made a lot of people a lot of money but then there are those that paid high and are stuck with an unsellable asset. Buy at your own risk. For my owning an internet picture sounds worthless to me, but that's just me. Think this is just a fad.