The NFT world

in Steem Schools3 years ago
Hello to all Steem Schools community, I have several days thinking about the token market, and coincidentally two days ago in my country was announced a project to buy nifties in presale, running out of 1200 of them, in half an hour surprisingly (I did not think it was so volatile that market), this was reported on the Instagram portal of the person who launched the project.

source:pixabay.com

Also recently I have seen how in my country has grown the information, interest, and the NFT market, valued in the world market up to 12,3000 dollars, I guess that part of the economic interest behind these tokens, is the fact that many people recognized in the international art scene, have ventured into the world of the NFT, launching their own collections, or buying and auctioning those that already exist, which has enhanced if you will, a market that was already interesting economically speaking.

What strikes me about NFT is that they have been compared to pieces of common art that we know, and that although they only exist in the digital and blockchain world, they are equally coveted to obtain in their original design, just as with traditional art. It doesn't matter if they are copied or reproduced on a large scale, what matters is who has ownership of the original, and for that well they pay.

source:pixabay.com

From what I was reading about the nature of these tokens, to enlighten me a little on the subject that has caught my attention deeply, I see that there are two currents that merge together for their appreciation, as it happens in the non-digital world. For some the NFT are redeemable economic assets and with that purpose they are acquired, that is to say they are bought to be launched again to the market and to obtain most probably a greater benefit, it depends on how appreciated these designs are. There are others who seek them for a genuine emotional interest in terms of affinity with the work, or with the artist creator, so that the subsequent value it may have for better or worse, does not matter to the buyer of the moment since its objective is not to profit from the token.

Personally, at least from my little knowledge of the subject and being an amateur, I think that given the changing world of blockchain and the digital market, these NFT can have a limited period of glory as they can be easily replaced by some other token that adapts in the short term, better to the needs of the market and the moment, which would make them unstable as an economic investment, I think they can be appreciated more for the artistic value that each one has, and for the personal connection that the buyer may have with the design or technique, I think that an investment as high as those currently managed, should be mobilized quickly while there is demand, if they want to have it as a real asset and not to run the risk of depreciation or be replaced by some other more attractive token. This is where I believe these NFTs differ from traditional art, which has proven to be sustainable over time, from the point of view of recoverable or profitable economic investment.

source:pixabay.com

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