ilmscore | Prediction Details
"but what can help is probably you can figure out what is the Rarity of the nfts right so nfts usually like in any kind of game if you go and play a game when you buy an in-game asset you will have a rarity to that asset right or there'll be only certain number of assets for that particular category so all these nfts that we launch have a rarity tone to it so basically let's say a car which is which has about out of the 60 000 nfts that we're launching um let's say around 10 000 would be on certain category and about 3 000 would be on certain category and then it kind of goes down as as it progresses right so if it buys which is on higher Rarity lesser in number basically higher in Rarity and better skill set as well then the possibilities of you probably holding on to it and selling at a much higher price later on in the secondary Market is very high"
By CA Rachana Phadke Ranade | March 7, 2023 | Pending
From video
NFTs | What Does The Future Hold? | CA Rachana Ranade ft. Ramkumar Subramaniam 00:12:10 - 00:13:05
Interpreted Prediction
The rarity of an NFT is a key factor in its potential value. NFTs with lower numbers and higher rarity are more likely to appreciate and sell for higher prices in the secondary market.

Prediction Details

Topic
Rarity and NFT Value

Comments

0 comments

Be the first to share your thoughts.

Like this prediction?

Join to make your opinion count.