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.
If indeed this work of art can be made very easily by people, then the steps they take are very inappropriate, especially at such a high price, this is not a good solution in my opinion.
NFT is a new project in this field that they are starting, many people are starting to look at them to invest, but the issue of price is also an important note for them to fix, if people don't want the artwork to be abandoned.