WHAT DETERMINES THE VALUE OF AN NFT, AND WHY ARE SOME WORTH MILLIONS?

5 min readOct 15, 2021

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WHAT DETERMINES THE VALUE OF AN NFT, AND WHY ARE SOME WORTH MILLIONS?

You’ve probably heard about the NFT space boom unless you’ve been living in a cave for the past nine months. The value of CryptoPunks (which were given away for free to everybody with an ETH wallet in 2017) has risen to over USD 7…

Fintelics

Written by Fintelics

Software consulting company that focuses on emerging technology such as AI, Blockchain, Cloud Computing, and Data Engineering, MERN Stack, and Fintech

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