worthless

The NFT space doesn´t currently make it easy for at least unknown artists to create valuable art and at the same time receive acceptable remuneration for it. Instead, the market is flooded with countless worthless copies. In the best case, burning creates movement and reduces the total supply to create the illusion of rarity. In this way we increase network utilization but still want low gas costs. But people keep demanding masses of NFTs without wanting to pay a proper price. The result is that worthless NFTs are piling up and are hard to resell. And no one wants to invest in that project because no one wants to invest in this project, its a vicious circle. The trading volume must be high...View all