There are only 2 types of people who buy tokens including NFTs.
First group are simply laundering money, which is why you suddenly see a random NFT appear and immediately be sold for millions of dollars by complete anonymous sources.
The other group are the gamblers who think buying the current hype is going to give them a lot of profit in the shortest time possible. They don't pay much for these tokens.
First group are simply laundering money, which is why you suddenly see a random NFT appear and immediately be sold for millions of dollars by complete anonymous sources.
The other group are the gamblers who think buying the current hype is going to give them a lot of profit in the shortest time possible. They don't pay much for these tokens.
And there is a third group... people who want to collect something... like stamps, coins... and todays generation has discovered NFTs. If you check opensea.io (largest marketplace for NFTs) you will find out, that most people are buying and collecting these items.
And this third group is by far the largest
