NFTs, what are they worth??

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Now NFTs are pretty simple, you buy media (images, video or audio) and then sell it off for a higher price! right??

No. The image itself is worth nothing, the demand is what counts. A good example of demand is Just Bricks: Just bricks - Collection | OpenSea Image of Brick 441, price: $1,906.52 USD.

Just Bricks only has a supply of 500 bricks in the market, and also importantly has hype around it. a NFT is nothing without hype. Just Bricks supplies that with promotion and buyers selling. Most people buy just to sell and not to keep it, which may hurt your feelings if you are selling your own work, but its all apart of the NFT market. It doesn't matter how good the artwork is it will always sell for less if there isn't hype around it.

Now this isn't a Just Bricks promotional article, there are many others that also supply, but sometimes a little too much. I have seen some NFTs up to their 100 thousands and most of them sold for less than a cent. This can be what you want with your NFT, but also requires you to randomly generate your NFTs which actually requires hard work and programming skills, which a lot of people don't have or want.

In my opinion, its a lot more risky to buy and sell and actually make a profit. Then again, creating original artworks in the current NFT climate requires a lot of hard work and dedication. Not only to actually design and make the artwork, but getting people to see it online. Open Sea and a lot of other NFT websites practically have no discovery system. So yours will not show up that easily and to get your artwork to make a profit I suggest getting on social media and scream your brand and NFTs to the world as loud as you can. But yet... still might not work out..

Regulation and Society adoption

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