How to Identify NFT Projects That Are Likely To Succeed In The Future
Identifying NFT’s with value can really be a demanding job, but here are two important factors that make an NFT valuable.
1) The NFT Community:
When you own a community club membership, you are automatically welcomed into its exclusive community with access to all its perks. This is similar to owning an NFT, as it has its community of people who also own a part of the NFT series.
This community can be made up of celebrities and the most influential people. Regardless, you are granted access to that community by owning the NFT.
This ownership and access can then be transferred when the NFT is sold. An example of this would be JJ Lin, who is now an owner of a Bored App NFT.
2) An NFT’s Reputation (aka look at its Backers):
The names and value of an nft are extremely important.
It’s important that one pays special attention to those with backers who put their money where their mouth is by purchasing and clamouring for the latest nft release.