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Definately not worth that that much money but creating the collections does take a lot of time, skill and also a lot of work to create the different parts of most nft collections so that each part fits with each other even when jumbled up. The simple pixel stlye images look simple and easy to do but are normally created by a person so takes time and work to design it all, its definately a skill and creative, the images then have to be put through a program which takes all that hard work and creates loads of random variations which is just faster than doing it manually. Then all the layers are formed into single images then have to be converted to nfts, all the info and metadata has to be added and uploaded with the nfts then they have to be minted, then listed and put up for sale, then there is advertising, social media and getting people to be interested in the collection, Its not easy and normally there are teams of people working on these collections. longer than 1 second to do all that.
The crash of the NFT market is inevitable.
I hope small investors pull out in time.
NFT art will go down as the stupidest thing in modern history
They payyo pump up speculation in any industry tech market and also to support top spiders
Marina could you please make a video " where to sell your own NFTs"
Money laundering and/or marketing
The only reasonable explanation I have found is money laundering
Nice information sister
So basically I can draw whatever I want and sell it for billions dollars??!
The value of an NFT right now isn't the quality of the art, it's the quality and quantity of the marketing.
Yeah, I think one day they will have some 'reasonable' value. But now it's all hype and a lot of people playing a lottery and they will get burned.
Marina pls teach us Russian Alphabets
To all the dreamers out there. Follow your dream, believe in your dream. Because dreams come true, if you have the dedication to give your all…