Why should you buy NFTs ?
What drives people to spend millions on NFT, (Non-Fungible Tokens) when there is no guarantee that their value will increase?
The YouTube video you will find by clicking on this link explains it very well in less than 2 minutes: https://youtu.be/OMIzJ57zE7Q
For many people outside the cryptographic world, the NFT seems to have come out of nowhere. Here’s what you need to know about the reasons for this NFT boom. The NFT generated billions of dollars and one NFT sold for nearly 70 million dollars.
Many people question whether these digital assets will retain their value over time and some investors compare the NFT boom to the dawn of the Internet.
Over the past month, users have spent more than $1 billion on digital assets.
Cryptographic art has been around for more than half a decade, but for many people outside the cryptographic world, these digital assets, known as non-fungible tokens or NFTs, have apparently come out of nowhere.
The madness of the NFT
So what drives people into the NFT mania, investing hundreds of dollars, and in some cases millions of dollars?
Cryptographic art investors claim that this is a combination of several factors, including the pandemic and the rise in the price of bitcoin.
In recent months, crypto art artists have attracted more attention than ever to NFT marketplaces with flashy sales.
Last week, digital artist Mike Winkelmann — better known as Beeple — made history selling a piece of cryptographic art for nearly $70 million. Other artists like Grimes and 3LAU have also made millions in a matter of hours by dropping crypto-art collections at the NFT market
Last March, at the simple suggestion that Tesla’s CEO, Elon Musk, sold his own digital asset, the auction for the work exceeded a million dollars, before Musk declined the offer.
Creators and buyers alike have benefited greatly from cryptographic art. In February, Miami-based art collector Pablo Rodriguez-Fraile showed for the first time how lucrative the market could be by reselling a Beeple work for an increase of nearly 1,000% over its original price.
A platform has been created to develop your own NFT with great ease of use: You can create your NFT in 1 click with your Credit Card:
Why are people buying NFT now?
Bitcoin reached a record high in early April, exceeding 60,000 USD. Since the beginning of the pandemic, more and more people have been saving money.
59% of those with incomes above $100,000 significantly increased their savings in 2020. With confidence in the US dollar seeming to be at an all-time low, the NFT could be another way for people to invest.
Many platforms open, including the 1ClickNFT platform which is being finalized, spread the news around you to make the project live, go in the comments on the channels YT Cryptos, NFT, Sports, Gamings, arts and cultures, paintings, sculptures, museums, exhibitions, photos, manga, etc.
Posting a comment regularly, even 1 a day would be a real support to our project and this can bring big returns to the avant-garde investors in the long term.
For example, in less than 5 minutes, you can comment here:
https://bitcointalk.org, https://cryptotalk.org/register/,
You will also be able to discover the news of this project on many social networks such as Twitter, Instagram or Telegram:
Twitter: @1ClickNFTs
Instagram: @1ClickNFT
Telegram: https://t. me/joinchat/c2bBpQUZvYFjN2Vk
Tsu: https://tsu.onelink.me/znrO/66faf574
Webtalk: https://www.webtalk.co/o/r/6792027
People have long used art to “store value”, cryptocurrency easily extends to digital art. It’s just a more modern approach to investing in art and using it as someone would use gold or bitcoin.
The NFT boom would therefore have been accelerated by the pandemic, but ultimately inevitable — a product of the technological boom that the younger generations would eventually lead anyway.
For many artists, especially in the music industry, the multi-million dollar sales of 3LAU and Grimes have captured the spotlight and created a kind of gold rush, but for buyers, the reasoning is less clear.
Will the NFT retain its value?
Almost all investors are formal: The NFT market works like a bubble, but that doesn’t mean they won’t have lasting power.
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