#NFTUpdates

[honeybadgerhoba]

🍯 Welcome to Honey Badger $HOBA

🍯 Welcome to Honey Badger $HOBA – where cryptocurrency meets the untamed spirit of the honey badger! 🍯

Are you ready to dive into a world where digital assets are more than just numbers on a screen? Say hello to $HOBA, the Honey Badger cryptocurrency that's rewriting the rules of decentralized finance.

🔒 Born on the Ethereum blockchain, $HOBA offers unrivaled security and stability, coupled with a community spirit that's second to none. But that's just the beginning…

💥 Introducing the Honey Bastards – a wild collection of NFTs that capture the essence of the honey badger in all its glory. These unique digital collectibles are as fierce and untamed as the badgers themselves, featuring hilarious and sometimes NSFW situations that will have you laughing for days.

💰 When you invest in $HOBA, you're not just buying a token – you're joining a tribe of like-minded individuals who live and breathe decentralized finance. Our tight-knit community is always pushing boundaries and challenging the status quo, and we want you to be a part of it.

🎉 But the fun doesn't stop there! Honey Bastards come with exclusive benefits like airdrops, whitelist spots for future projects, and access to private channels where you can connect with fellow collectors and discuss all things $HOBA.

👊 So why wait? Join the revolution today and embrace a lifestyle that's as bold and fearless as the honey badger itself. $HOBA and the Honey Bastards are waiting for you – don't miss out on something truly special! 🚀

Introducing $HOBA, the Honey Badger cryptocurrency that's not just a digital asset; it's a way of life. Born on the Ethereum blockchain, $HOBA offers a blend of security, stability, and unrivaled community spirit that sets it apart from the rest. But what truly makes $HOBA stand out is its accompanying NFT project, the Honey Bastards, a collection of unique digital collectibles that are as wild and untamed as the badgers themselves.

When you invest in $HOBA, you're not just buying a token; you're joining a tribe of like-minded individuals who share your passion for decentralized finance and unapologetic fun. The Honey Badgers community is a tight-knit group of enthusiasts who aren't afraid to push boundaries and challenge the status quo. With regular events, exclusive merchandise, and a secret handshake that's not for the faint of heart, being a part of the Honey Badgers is an experience like no other.

But the real treasure lies in the Honey Bastards NFT project. These limited edition digital collectibles feature the iconic honey badger in a variety of hilarious and often NSFW situations, making them a must-have for any crypto collector with a sense of humor. Each Honey Bastard comes with its own set of exclusive benefits, including airdrops, whitelist spots for future projects, and access to private channels where you can mingle with fellow collectors and discuss all things $HOBA.

With $HOBA and the Honey Bastards, you're not just investing in a cryptocurrency; you're embracing a lifestyle that's as bold and fearless as the honey badger itself. So why wait? Join the revolution today and become a part of something truly special.

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[koop360]

𝐍𝐢𝐤𝐞 𝐍𝐅𝐓𝐬 𝐚𝐫𝐞 𝐜𝐨𝐦𝐢𝐧𝐠 𝐭𝐨 𝐄𝐀 𝐒𝐩𝐨𝐫𝐭𝐬 𝐆𝐚𝐦𝐞𝐬.

[nft-trends-news]

The NFT Video Games Revolution: What To Watch For In 2023 - GameTyrant

The next-gen of video games is going to blow players away: NFT video games. However, these have been around for quite a while, but 2023 will likely bring them the deserved attention. It is not surprising that NFTs have found their way into gaming since they have penetrated various industries, including fashion, movies, and real estate. Focusing on gaming, we will discuss how NFTs could shape this sector’s future and how players will benefit from this innovation. First, this kind of asset gives gamers a unique chance to increase their own profits, not those of the game’s developers. Second, players enjoy complete ownership of their digital assets regardless of what happens to the gaming company. Plus, enthusiasts can finally immerse themselves in a virtual world of thousands of possibilities, which allows them to take up even more exciting roles in their games, customize their experience and in-game items, and receive the rewards of their invested time and money. Without a doubt, blockchain is no longer just about virtual currencies. It has given rise to a range of digital assets, including NFTs representing in-game collectibles. Some of these assets have seen real success in the last few months as investors have noticed their gain potential. Therefore, when checking the Ethereum price, you may also want to look at gaming tokens. Apart from exposing you to new virtual lands, this is also an excellent method to diversify your investment portfolio. Here is what you need to know about gaming NFTs: You have probably heard that NFTs are the latest revelation in the gaming sector, and while it is indeed true, what are these NFT games after all? The simplest explanation would be that NFT games are blockchain-based, allowing players to exploit a new form of in-game collectibles. That being said, people can handle land, avatars, clothing pieces, or any other game features in the form of non-fungible tokens, use them to advance through the game, or further sell them on the marketplace to maximize their gains. Since NFTs have long been considered works of art, enthusiasts are now calling video games the ‘seventh art.’ NFT games are often called P2E games because they are based on a play-to-earn model. Thus, players can earn tangible rewards as they complete the various game missions. Collecting in-game items through the gaming journey is the main goal of people immersing themselves in this kind of activity, as this is generally the only way to cover their investments. The acceptance of NFT standards also lets developers preserve the uniqueness and rarity of these in-game collectibles, which is why some digital gaming goods are more expensive than others. As for how to access these assets, there are basically three strategies: unlocking and earning new items, purchasing items on third-party or native marketplaces, or breeding new characters. Whichever method you pick, we assure you that you will have exclusive ownership rights over these treasures. It is indeed possible to earn real-life money from these games, but we don’t recommend making this a top priority. Just like cryptocurrencies, NFTs are also volatile, so it would be all in vain to earn massive rewards as you complete tasks and missions if the assets start to lose their value due to developers failing to hold their gamer base. So, to put it simply, people in the Philippines making a considerable income playing Axie Infinity are a rather exceptional case. Earning money from games like Axie Infinity means you must recover your upfront cost first. Did you know that you need three Axies (the value of these cute little monsters can range from $30 to $100)? So yes, we advise you to play better for your own pleasure instead of making high expectations of gains. Since NFT games are all the rage in today’s playing environments, it becomes obvious that developers don’t cease to create more and more games. And while it’s excellent news that this area is expanding, it could be daunting for a newbie to navigate through the sea of NFT-related games available. Well, that’s why we’re here. Consider this round-up of definitely worth trying games in 2023 (apart from the ever-present Axie Infinity): Alien Worlds If you’re a fan of outer space and faraway galaxies, Alien Worlds might be your thing. This is a unique chance to explore planets, conquer lands, and engage in battles, which will eventually bring you revenue in the form of NFTs. Alien Worlds’ native token is Trillium (TLM), a valuable asset in this fascinating multiverse as it gives players access to additional gameplay and control over decentralized autonomous organizations (DAOs). The Alien Worlds metaverse is all about adventure, imagination, and perseverance, so if you boast any of these, ensure you give this NFT game a try. Dogami If you don’t dispose of enough room in your house to adopt a dog, Dogami is a viable solution for you. This ‘Petaverse’ allows animal lovers to own adorable dogs and nurture them to adulthood. And what makes this game stand out is that it boasts more than 300 distinct DOGAMI breeds, each distinguishing through its own traits (due to the NFT mechanic) and coming in four different rarities - diamond, gold, silver, and bronze. By playing Dogami and participating in the various game modes, you will earn rewards in the form of DOGA tokens. STEPN STEPN is the ultimate fitness game, so if you’ve always wanted to move by walking or running, this game is a great start. We know, we know - it’s all in a virtual world. But continually improving yourself in this video game will further motivate you to do the same in the real-life, tangible world. So, all you need to do to get started with STEPN is buy a pair of virtual sneakers inside this Web app. And don’t forget: the STEPN shoes not only lead you to massive potential gains but also to self-improvement. Let walks and jogs be part of your norm! So, are NFT games a thing or not? All names, trademarks, and images are copyrighted by their respective owners   ///   Copyright / DMCA Notice Copyright © 2015-2022 GameTyrant Entertainment LLC All Rights Reserved Read the full article

[goofypetz]

Visit us on OpenSea 🥰

[nftcritics999]

WOULD INDIA EVER GET TO THE CRYPTO RACE ??

Market players think that cryptos can be viewed as an emerging asset because it is intangible, digital currency that uses advanced encryption to secure and verify transactions.

The notification of tax on crypto acquisitions in the Union Budget has raised the confidence of the crypto industry, especially the new players or startups. In the light of current growth across the globe, there are voices that India is hovering to appear as a global hub for crypto players and enterprises.

Budget 2022 explains that the Government of India does not consider cryptocurrency as a currency but as a virtual digital asset, said Vikas Ahuja, CEO of CrossTower India. he Government will treat cryptos as investments.

Indeed, India is honing its incredibly entrepreneurial skill, with large inhabitants of technology-driven young minds and budding startup culture.

On the contrary, Ishan Arora, Partner, Tykhe Block ventures, says that the tax is still relatively high for global crypto firms to be a destination.

By sharing more light around the sector, India will open up possibilities for the industry, Ahuja of CrossTower said.

According to Startup India, India is the third-largest startup ecosystem globally, with roughly 50,000 startups. Nearly 20 percent of these are technology startups.

With crypto-assets getting exposure and 'near-to-legal status in India, the blockchain startups will follow innovations, particularly the NFT marketplaces.

India's GDP can be raised by blockchain technology and alter various sectors, starting from - government projects, healthcare, supply chain, financial services, among others.

The move is anticipated to boost innovation in the blockchain sector, with startups growing in the future, said Ahuja of CrossTower India. "Since India is a startup hub, which may help it become a leader in the fast-growing digital asset industry."

[monsterkong-assistant]

Future NFT Mints with Elliot Koss

Elliot Koss created a really great research, analysis, and discovery platform for NFTs and today at 1pm EDT we’ll discuss his vision, roadmap and specifically the subject of simplicity versus complexity.

There’s an amazing insight about how the Web3 space that prides itself on WE is actually about ME and by ME, I’m referring to how it’s still largely a personality driven space dominated by individuals.

It’s an interesting twist if you think about it.

That said, WE can still do a lot in terms of united, collaborating and joining forces to be the rising tide that floats all boats.

Join us!

Watch full episodes at youtube.com/c/josephjaffeisnotfamous.

Subscribe at bit.ly/subscribetotheshow

Join my discord at bit.ly/notfamousdiscord and type /join in botcommands channel to get your roles based on holding $JAFFE coin (www.rally.io/creator/JAFFE)

Hold 1 $JAFFE to become a “regular.” You’ll gain access to all the show channels, including calendar of upcoming guests, bios, access to pre-tapings, aftershows, the ability to ask question to upcoming guests and more

Hold 10 $JAFFE for the “fan” role and free $JAFFE every day on the show as well as get a neverending entry into weekly NFT raffles (until you win!)

Hold 25 $JAFFE to get the “insider” role and access to my daily shownotes and episode summaries (including video)

Hold 50 $JAFFE and get the “VIP” role. You now have backstages passes to hang with me and my guest before a show

Hold 100 $JAFFE and get the “superfan” role. You’ll join me for monthly calls to discuss the show (past, present, future roadmaps) and how it can benefit you as a creator, communicator or corporate citizen. You’ll also have opportunities to recommend guests and come on the show to ask them a question LIVE.

#JosefJaffe #NFTMints #NFt

[investwarriors]

Visa Partners With 60 Crypto Platforms to Let Consumers Spend Digital Currency at 80 Million Merchants! Follow For More Investment News--> @InvestWarriors #nfts #nft #nftart #nftartist #nftcollector #cryptoart #digitalart #nftcommunity #art #crypto #ethereum #blockchain #cryptocurrency #cryptoartist #opensea #nftcollectors #bitcoin #nftdrop #nftcollectibles #artist #eth #openseanft #nftartists #artwork #artoftheday #raredigitalart #nftartgallery #defi #nftupdates #visa @visa Source->bitcoin.com https://www.instagram.com/p/CYIAJHMPfsQ/?utm_medium=tumblr

[cryptoikonmedia]

The #NFT Bubble Has Burst, but #BTC and Co. Are Still the Best Buy. . . . . #Trade on the world's biggest #cryptoexchange: Use my referral code- VZG69HFQ or follow the link to sign up on #binance- bit.ly/binanceTD⁠ .⁠ .⁠ .⁠ .⁠ .⁠ .⁠ #crypto #Cryptocurency #cryptocurrencies #cryptonews #cryptonewsdaily #cryptonewsofficial #cryptocurrencynews #cryptocurrencynewsupdate #cryptoupdate #cryptoupdates #cryptoupdates✌️ #cryptocurrencyupdate #cryptocurrencyupdates #newscrypto #cryptocurrencyinviestments #cryptoinvestor #nftart #nftartist #nfts #nftcollector #nftnews #nftupdates (at India) https://www.instagram.com/p/CP_lZnrhRbe/?utm_medium=tumblr

[nftcritics999]

THE FOUNDER OF TWITTER IS BLOCKED ON TWITTER !!

Prominent venture capitalist Marc Andreessen blocks the co-founder of Twitter, Jack Dorsey, on Twitter.

Here's the back story!

Today's online platforms are too centralized and controlled by a handful of large internet companies, like Amazon, Apple, Alphabet and Facebook parent company Meta.

Andreessen, who has earned billions off the back of early bets on companies like Facebook, has supported many companies operating on technologies that could one day lay a foundation for Web3.

With programmer Eric Bina, Andreessen also invented the first widely used, point-and-click web browser, which ultimately became Netscape.

Andreessen Horowitz has a page on its website called "web3 Policy Hub," with the subhead: "We Deserve a Better Internet."

Andreessen Horowitz says: "We remain focused on bona fide decentralized governance and believe decentralized systems naturally have inherent benefits when compared to the centralized platforms of web2. As such, we believe they will come to dominate web3 without the need for regulatory advantages."

Dorsey rebuked specific corners of the venture capital industry and made several explicit remarks about the firm Andreessen co-founded, Andreessen Horowitz.

Dorsey has represented multiple perspectives on "Web3" — a potential decentralized version of the internet based on blockchain. Perhaps most notably, the entrepreneur said Web3 would be owned by wealthy VCs like Andreessen instead of "the people, " after which Dorsey was blocked.

So this clearly states that Jack Dorsey is banned from Web3.0.

Is the thought of Web3.0 acing in the future a nightmare to Jack Dorsey? But why should Andreesen have to block him instead of claiming facts?

Let Web3's victory or defeat end this cold war, haha

[nftcritics999]

WHY IS NFT NOT JUST ABOUT THE “ART”? THE NFT CRINGE !!

Beyond just digital art, NFTs are being used to experiment with new forms of storytelling, particularly in the case of advertising and marketing.

Let's be honest now. Would NFTs even hold any value if they are not marketed properly?

Of course not!

NFTs, it is neither unique nor is it an art. It is a swindle. Would you buy the code itself written on a slip of paper? Of course not. But that's what you're buying. It makes money for coders, just as cryptocurrency is a con for computer geeks to charge a fee for every economic exchange.

And the shallowness cannot be more ridiculous. They have taken the fact that works of art, being unusual, are valuable because many people want them at the same time. Adding code creates a completely mimicking work "unique" in the shallowest and most meaningless way. It's non-fungible, but only because of a piece of code.

So, would anyone buy a slip of paper? Of course not! At least I wouldn't do that! So to blindfold dummies like us who think the NFT arts are ugly, there's a new selling tactic; create a brand, add a story to it, and start hyping the brand up!

A tech blogger William Terdoslavich describes NFTs in interruptive ads vs visual storytelling. He commented that "companies are evolving away from interruptive trade to storytelling that viewers do not perceive as ads." He later adds that "the foundation for crypto-storytelling is the non-fungible token (NFT)" and that "crypto storytelling provides a marketplace for anyone to list their digital asset and sell it using cryptocurrency."

As the hype around overnight millionaires fades, creative ways to use NFTs will continue to increase.

[nftcritics999]

MICROSOFT’S POTENTIAL TO OVERDO META !!

Blog and Vid

Is there a potential scope for Microsoft's Xbox to beat Meta?

The answer is a yes!

Tech Corporates worldwide are equipping for a new online innovation that will potentially conquer the virtual world. Investors are paying billions on realistic interfaces. They are ready to risk it all for technologies that furnish more splendid telepresence and carry emotions physically in a virtual space.

Microsoft is a gigantic company in the gaming space, and it has ascended its flag that contains Xbox gaming that can be more powerful than a virtual reality program. On the other hand, Facebook has access to the most extensive network through its social media platforms. It has revealed its Metaverse and changed its name to Meta.

Clearly, it's a neck-to-neck war!

Microsoft has expressed interest in obtaining Metaverse for video games. The immersive adventure will be on a new level by incorporating eCommerce and interacting with their favorite icons and players in new ways.

The new invention is created to attract users and create the illusion they are really in the reality they have entered. Instead of the usual two-dimensional screen, it helps take collaborative prospects to the next level by fetching users into a 3D environment where they interact closely with things around them. Metaverse is a good way of changing the future of virtual meetings and collaborative events with people across the world, giving Microsoft the upper hand.

With a bit of experience in gaming and having had very few game launches, it is doubtful for Meta to penetrate the Metaverse unless Mark Zukerberg doesn't believe in the traditional gaming system and has better alternatives mapped.

There are fair chances of Microsoft rewriting the history, so let's sit back and watch the show!

[nftcritics999]

Top 5 Highest Paid Boxers !!

[nftcritics999]

A CRYPTO TRILLIONAIRE’S OVERNIGHT GLORY BY NFT CRITICS !!

How would you react if your trading account showed you a balance of more than $1 trillion one morning immediately after you woke up? Realise it’s a dream and go back to bed?

Christopher Williamson, a nursing student, woke up on the morning of June 16 to check his trading account on Coinbase, one of the world’s largest cryptocurrency exchanges and fell out of bed. You guessed right, and it’s him I was talking about!

Hard work?

Nah!!

Hard luck?

Nope!!!

Let’s continue with the story to know!

He went on Twitter the same day to control things. “I’m going to need someone to explain what the heck is going on and then write me a check. I got a mega-yacht shaped like a penguin on standby,” Williamson posted on his Twitter handle.

It turned out that the $20 worth of RocketBunny cryptocurrency that Williamson had bought using his Coinbase account had not turned into more than $1 trillion overnight. The balance reflected on Williamson’s Coinbase account was a ‘technical error’.

Before getting into finer details into Williamson’s troubles, it is essential to recognise the cryptocurrency Williamson bought for $20.

RocketBunny is a recent entrant in cryptocurrency, pledging to be a deflationary token with the most outstanding supply of 777 quadrillions.

This is how RocketBunny defines its currency: “Each transaction incurs a 4% tax that is distributed in four equal parts: 1% to holders, 1% burned to The Rabbit’s Hole, 1% locked liquidity, and 1% as a bonus to liquidity providers. As volume boosts, the amount burned gains logarithmically, ultimately leading to an exponential decline in supply.”

The cryptocurrency was last quoting a price of $0.000000000036. Yes, that’s 12 decimal points after the zero! The value of the cryptocurrency has nosedived 76 per cent over the past 22 days, making the possibility of Williamson becoming a trillionaire because of the cryptocurrency a near impossibility.

Williamson’s gruelling adventure did not end soon. Despite multiple pleas to both Coinbase and RocketBunny, the $1 trillion balance crisis in his trading account could not be sorted out until publication.

Williamson notified on Twitter that the value of his account was still going up, but he could not cash out as Coinbase had frozen it. The attention drawn to Williamson’s story has boosted RocketBunnny’s coin as the cryptocurrency surged over 9 per cent in a day or two.

Williamson’s story has captured the cryptocurrency world. Many are recommending Coinbase to rectify its mistake, while others urge him to make sure he gets some relief for his emotional and financial troubles.

Addressing the Coinbase accounts, Williamson joked: “I’m going to need someone to explain what the heck is going on and then write me a check. I got a mega-yacht shaped like a penguin on standby.

In my opinion, this isn’t a Rocket Bunny issue; it is strictly on Coinbase. Doesn’t that sound like a publicity stunt?

[nftcritics999]

Marketplace review of 2021 - Open Sea !!

In general, 2021 was a substantial year for NFTs. The entire trading volume across 14 NFT marketplaces, including OpenSea, Rarible, Axie Infinity, SuperRare, NBA Topshot, grew from $85.7 million in 2020 to $19.6 billion in 2021, as per a report by cryptocurrency-focused acquisition firm confirmation.

“NFTs had a getaway year in 2021, but the asset class is still small relative to cryptocurrency broadly,” the confirmation report noted.

The market capitalization of NFTs is about $31.4 billion, making up 1.53% of the existing $2.05 trillion entire market cap for cryptocurrency, according to data from CoinMarketCap.

Nevertheless, the investment firm said NFTs would ultimately be more significant than cryptocurrencies by the end of this decade and steps carried by NFT developers in 2022 will contribute to that evolution.

OpenSea, as expected, is sailing ahead!

OpenSea, the vastest NFT marketplace by trading volume, shows no sign of slowing down in 2022. The capital raise gives OpenSea a $13.3 billion post-money valuation.

“In 2021, the world woke up to the prospect of NFTs to open utility and economic empowerment across a vast set of enterprises, communities and creative categories,” Devin Finzer, CEO of OpenSea, told Blockworks. “Our idea is to be the terminus for these new open digital thrift. We’ll start this year by diminishing the obstacles to access the NFT space on OpenSea and funding in the ecosystem and the community that powers it,” Finzer added.

OpenSea has around 1.26 million active users, 2 million collections and over 80 million NFTs. It offers cross-blockchain support across Ethereum, Polygon and Katlyn. OpenSea Polygon traders have increased to record levels from just 15 users in late June 2021 to over 846,433 users as of Thursday, niftytable’s data on Dune Analytics revealed.

Total OpenSea Ethereum traders have also hit new all-time highs — from 36,540 on the year-ago date to 942,721 as of Jan. 5, data collected by user rchen8 on Dune Analytics showed.

“We saw the NFT ecosystem blast last year, with OpenSea’s trade volume-boosting over 600x in 2021,” Finzer reported in a blog post on Tuesday. “But we’re just getting started,” he added.

[nftcritics999]

Digital Twin NFTs !!

NFTs are magical; as time flies,  the trends change and build room for evolution. Here's one such topic that might excite you!

Have you ever heard of Digital Twin NFTs?

No?

Here you go!!

Copying or creating only one digital rendition of a physical product, service, or asset is Digital Twin. In simple terms, Tokenization of physical assets in digital setup is the digital twin NFT. There are multiple disparities to that, which is a digital photocopy.

The digital twin is also feasible with 3D scanning of the physical products. Fundamentally, creating only one digital version of the asset is the digital twin. There are progressive strategies for recasting a physical asset into a digital twin. Considerable Next-generation trends are being applied in the NFT for setting digital versions of physical assets. The next generation is here,

Identifying the physical asset with IoT

Scrutinizing them with the blockchain as a reliable protocol.

AI to thoroughly examine the scans

Capitalizing on the Big data to store the values

Digital Twin as the illustration

NFT — authentic token.

Digital twin- NFT marketplace

Digital twin NFT marketplace is an exclusive marketplace for showcasing the digital twins and presenting the users to trade with the Digital twin. The Digital twin marketplaces are furnished with blockchain technology, like Ethereum, Binance Smart Chain, Tron, Polygon, etc. These blockchains have a certain token standard that only supports NFT, like ERC-721 and ERC-1155, to maintain the originality and indivisible characteristics of NFT.

Digital twin NFT marketplace must have a storefront for their marketplace, which draws and makes a timely user experience. As many NFT marketplaces appear today, the only possible way to show the difference between other marketplaces is the storefront. The chance should be carefully utilized.

Digital twin NFT marketplace must have a wallet to perform any transaction or activity in the NFT marketplace. These wallets should be web 3.0 based like Metamask.

To conclude,

Digital twin NFT marketplace development is an improvement in the NFT industry. The digital twin will be the next future. Business analysts are predicting that these NFTs will reach significant markets. So let's utilize the chance and develop NFT digital twins.

[nftcritics999]

Why is art so expensive...??

Art is an autonomous domain, so it's tough to put a deal on art. Nonetheless, there are some technical factors that you can regard while estimating it, like the dimensions, how ancient it is, who created it, if it has been purchased by somebody before and likewise.

The value of art is determined by the perceiver. Something can be worth millions to an individual and worth nothing to the next. It is valuable for you if you correlate to a piece of art; if you don't, it's simply not.

Uniqueness

The explanation that paintings are so pricey is that each art piece is wholly authentic and unique. There can be no other identical copy. Even the painter would be incapable of making it again. The dye may not mix exactly, the sunlight might affect the paint somehow, even the drying procedure can change how the colour looks.

Now Originality is linked with Scarcity!

Scarcity

With an abundance of demand for artwork, the collection side of the equation often leads to high prices for art. Scarcity plays a considerable role. Supply and demand still play a role. Need still exists and, even though the artist is still alive, they can only create so much art like mentioned earlier.

Approximately 800 known paintings were made by Vincent Van Gogh, held in noteworthy public collections and are unlikely to be deaccessioned. Naturally, the works owned by private collectors have become, with time, scarce and therefore increasingly expensive. Conversely, prolific artists tended to fetch lower prices with their output.

Perception

"Beauty is in the eyes of the beholder" - it also holds true in admiring art. We speak about art not exhibited like those incalculable gems in private collections, prestigious art galleries, and art museums. For instance, the work of contemporary British artist Damien Hirst has been very pricey because critical accolades have given him a wunderkind status that has lately become asked. Fashion can affect the prices of work regardless of the quality. The advent of modernism made Victorian Pre-Raphaelite art appear to be a quaint oddity. Still, serious scholarship, which started in the 1970s, reassessed its importance, and its status has now been restored.

The market and investments

Art will be only a tiny fraction of a well-rounded investment portfolio for most people. You may profit, but you're highly unlikely to get a massive payout from art alone. Think of it like a real estate investment; extra, not necessary. However, relying on an art investment for steady income is not recommended.

With their commission fees and customer's premiums, Auction houses are interested in driving prices upward, especially when the extreme wealth of the super-rich, who seem immune to monetary vagaries, beckons. The reputation of elite auctioneers such as Christie's and the highly wealthy's buying power distort what could hardly be called a sane marketplace by any standard.

It might sound valid to someone, while it might not seem to others. But the real question is, do NFT arts hold the same value? Think it out!