NFTs are digital assets of unique items like: collectible sports cards, virtual lands, trading game items, clips, photographs and more.
Like all assets, supply and demand are the key market drivers for price. Due to the scarce nature of NFTs and the high demand for them from gamers, collectors and investors, people are often prepared to pay a lot of money for them.
The most expensive NFT is Dragon the CryptoKitty sold for 600ETH !!
NFTs have become hugely popular with crypto users and companies alike because of the way they revolutionized the gaming and collectibles space. Since November 2017, there has been a total of $174 millions spent on NFTs.
Where to sell or buy NFTs?
OpenSea.io is the largest NFT digital marketplace. You can buy, sell or explore digital assets, huge marketplace with thousands of new collectibles every day is waiting for you, but as you dig deeper, you see huge price differentials and that begs the question, is it worthy to sell there? I am photographer and I love to create digital photographs, using different methods of post-processing my images. Recently I ask myself if it wouldn't be a good idea to connect digital photography and NFTs.
Other NFT marketplaces I know: rarible, axie marketplace, decentraland marketplace.
OpenSea is compatible with open blockchain standards, so you can create your work on other platforms, and come back and sell your work on OpenSea.
NFTs and digital photography?
I have been dealing with photography for over ten years. Everything I know I learned myself by searching for informations in books and on the Internet. I was slowly building my portfolio, I joined many photography groups, and finally I started selling my photos, mostly in the form of prints. I found my own style of creating digital photographs, combining many techniques.
What was a result??
Not quite what I was expecting. At the very beginning the biggest problem was traffic to my portfolio. My sites was almost invisible, I started working on promoting my work on instagram, FB and other sites, I was creating challenges with prizes, no response from the other side (buyers). It was very difficult to sell anything and it is still now, so I wonder if there is any point in combining modern digital photography with NFTs.
Conclusion.
In my opinion NFTs will show its strength in the years to come, I guess a lot of people don't know about it yet. My biggest question is: Is it worthy?? Yesterday while I was signing my transaction with METAMASK wallet the gas price was 170$, today somewhere around 100$, luckily at opensea.io you are paying once for your transaction, and you are ready to start selling your digital assets, but you don't know if you gonna cover your gas fee with your future sales.
Join me on OPENSEA with my referral link: OpenSea
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