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How do you assess the value of an NFT

How do you assess the value of an NFT

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How do you assess the value of an NFT

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  1. krazykong.monster/

  2. Honestly, there is no step-to-step guide to assess the value of NFT. The value assessment of an NFT art is just like any other physical portrait that is being auctioned. The value is determined by the creator or the seller of the NFT. The perception of the buyer and seller drives the NFT value. It is hard to estimate the price that the next buyer wants to pay.

  3. The common mistake that buyers do during the price evaluation is that they overlook the properties of NFTs. The lack of strategic thinking cost them hugely. Therefore, it is important to consider the factor before determining the value of NFTs. Below are some of the factors that will help you evaluate the value of NFT.

  4. Rarity Utility Tangibility Interoperability

  5. How you can approach NFT? If you are planning to buy NFT then Krazy Kong NFT collections are the right choice. Krazy Kong is one of the modern apes who is trying to get over his tumultuous past and fit into modern human society. The main motive of this NFT project is to bring awareness towards environmental and social issues including deforestation, animal rights, inequality, conflict within and between animals and humans.

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