Why Certain NFT Succeed but others don't?

[xStewie]

So I have been researching quite a bit about this but didn't find the answer...

I mean, there are super cool and much better NFTs that are being sold for pennies than other shitty ones for thousands of bucks...

Maybe it's the marketing?? The story behind it??

No idea.

 

[Johnik]

Simple answer: marketing
Ofc, hyped NFTs are gonna trade for absurd prices.

 

[xStewie]

Simple answer: marketing
Ofc, hyped NFTs are gonna trade for absurd prices.

With marketing what do you mean?

Ads, making a game where you can use those NFTs, hiring a 7 year old to do them, then writing a story....?

 

[Johnik]

Listen, NFTs have no real-world value. People behind the project and marketing try to create an illusion of a high value using scarcity by promoting via popular influencers, actors, ...
No one gonna buy unknown NFT when there is no buying power.
You obviously don't have any idea of how this NFT bullshit works.

 

[Drake89]

They market them and hype them up and claim they have value.

 

[xStewie]

Listen, NFTs have no real-world value. People behind the project and marketing try to create an illusion of a high value using scarcity by promoting via popular influencers, actors, ...
No one gonna buy unknown NFT when there is no buying power.
You obviously don't have any idea of how this NTF bullshit works.

Yeah, you are right.
But the weird whales NFTs thing. This kid. No marketing at all.

 

[BM3]

Yeah, you are right.
But the weird whales NFTs thing. This kid. No marketing at all.

Cleaning money ? Maybe