Why the NFT bubble won’t burst? Market analysis with 1MillionNFTs

So why is the NFT market still promising and growing?

  • People are status-seeking monkeys [sounds like a punk-rock band];
  • People are looking for the most efficient way to maximize their social capital.
It would be impossible to sell Beeple’s “Everydays” for $69.3 million if there was no way to prove that the owner bought the official version.

Social Capital

Utility

Entertainment

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1 Million NFTs

1 Million NFTs

What if you can become owners of the internet instead of just its users?