Advantages NFTs
Another big advantage is that different parameters can be given in advance with an NFT. When an artist puts an art object on the market as an NFT, one can, for example, choose to charge a 10% resale percentage. Every time the art is traded, the artist still earns 10% selling. This allows a fairer revenue model to be realized for artists.
Opportunities and risks
In short, the NFT market is hopeful and is still in its infancy. In the coming years it will become clear how NFT technology is mixed with the traditional world of, for example, art and objects. Investing in NFTs is possible in 2 different ways. By purchasing an NFT or an investment in the technology that makes it possible to trade NFTs. Investments at NFTs are accompanied by the corresponding risks. Certainly not every NFT has value. When investing in NFT technology, it is important that you read well and have knowledge of things.
