NFT pricing strategy: How to price your NFTs?

NFT pricing strategy: How to price your NFTs?

NFTs can be fixed-priced or sold during an auction. However, creators should consistently sell to demonstrate a proof-of-concept to boost the NFT’s floor price. Early in 2021, markets for nonfungible tokens (NFTs) started to gain some notoriety, and by the end of March 2021, this new market for digital assets had a total lifetime traded volume of about $550 million. Any digital asset can be an NFT including collectibles, artwork, video game characters, virtual world objects and digitized sports. A blockchain, often one on the Ethereum network, is where an NFT’s ownership is recorded.....


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