ilmscore | How To Make Money With NFTs (MY TOP 3)

How To Make Money With NFTs (MY TOP 3)

Predictions from this Video

Total: 10
Correct: 0
Incorrect: 0
Pending: 10
Unrated: 0
Prediction
Topic
Status
The NFT market has grown from $17 million per month in January to $27 billion in total value, with $2 billion exchanged monthly.
"at the beginning of this year in january the market was exchanging roughly 17 million dollars a month worth of nfts but fast forward to today and the market has grown to be worth 27 billion dollars where we're exchanging roughly 2 billion a month"
NFT Market Growth
Pending
99% of NFTs are predicted to become worthless within a few years.
"i believe 99 of nfts today are gonna end up becoming worthless in just a few years"
NFT Value Depreciation
Pending
The cheapest Board Ape Yacht Club NFT has a floor price of approximately 52 ETH, valued at around $200,000.
"the cheapest board ape you can buy today has a floor price of about 52 eth which is worth roughly 200 000"
Board Ape Yacht Club (BAYC) Floor Price
Pending
Board Ape #8817 sold for 819 ETH, equivalent to approximately $3.4 million.
"this board ape number 8817 which sold for 819 ethereum worth roughly 3.4 million dollars"
Board Ape Yacht Club (BAYC) High Sale
Pending
Fractionalized NFTs, allowing division into smaller parts for lower-priced investment, are emerging, similar to fractional shares in stocks.
"they can divide it and split it up into hundreds if not thousands of pixels for people to invest into at a much lower price kind of like fractionalized shares in the stock market"
Fractionalized NFTs Potential
Pending
A specific VeVe Spider-Man collectible, purchased for $12,000, is predicted to reach $50,000 early the following year, with a current floor price of $26,500.
"my spider-man right here which retailed for four hundred dollars i bought for twelve thousand dollars which sounds insane but fast forward to today and the floor price is sitting at roughly 26 and a half thousand dollars which is pretty significant and i think by next year sometime early next year this will be an easy fifty thousand dollars"
VeVe Collectibles Value Prediction
Pending
CryptoPunks were initially given away for free.
"when these guys were created they were given out for free"
CryptoPunks Original Value
Pending
CryptoPunk #3100 was purchased for 8 ETH ($2,000) in 2017 and resold for 4,200 ETH ($7.58 million) in March 2021.
"in 2017 someone bought this crypto punk number 3100 this little alien for eight ethereum worth two thousand dollars ... fast forward to march 2021 and that same crypto punk number 3100 resold for 4 200 ethereum worth 7.58 million dollars"
CryptoPunk 3100 Sale History
Pending
The current floor price for a CryptoPunk is approximately 62 ETH, equating to about $250,000.
"the cheapest one that you can buy right now is about 62 ethereum or about a quarter of a million dollars"
CryptoPunks Current Floor Price
Pending
Market influence, as demonstrated by Gary Vaynerchuk advising billionaires and influencers to buy CryptoPunks, led to significant returns (20-30x) for some investors, like Mr. Beast.
"gary the successful entrepreneur got together a bunch of people on a call about 30 billionaires and social media influencers and he told them to buy crypto punks they listened to him and they bought in people like mr beast for example ended up with at least eight crypto punks some of which he said he was able to flip for 20 to 30 times his initial investment"
CryptoPunk Investment Influence
Pending