Hi All…
In this session, I am going to share my understanding of why NFT has monetary value and my idea of how as a startup you can reap huge profits in that realm.
NFTs are considered as the proof of ownership of digital or physical assets so their value is purely based on buyer and seller. That means when the creator decides that the value of his NFT is 10M dollars and the buyers also agree with those values then the NFT’s value is 10M dollars.
As a startup, you must understand that the monetary value of the NFT among the users is a huge opportunity to create your own NFT business and reap profit. The world of NFTs is an everloving and expanding space, so as a entrepreneur, it will be very difficult to identify the path on your own. That’s why here I suggest you read the informative blog Top NFT Business Ideas 2024, this blog will give you an understanding on what NFT business module will be suitable for your goals.
That’s all for today have a great day