NFT sites are booming

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Someone I know made 17 million squares in each shade of color that a monitor can display and even managed to sell a few of them. If he ends up selling all of them it means I cannot make a similar square, but all I would need to do is add 1 more pixel to his square to be able to sell NFTs of those myself. Sounds stupid, just like btc did back in 2010.
 
SideProjects said:
Someone I know made 17 million squares in each shade of color that a monitor can display and even managed to sell a few of them. If he ends up selling all of them it means I cannot make a similar square, but all I would need to do is add 1 more pixel to his square to be able to sell NFTs of those myself. Sounds stupid, just like btc did back in 2010.
Click to expand...


This idea comes back every now and then. Remember the million dollar website from way back?

With inflation people are making billion dollar websites.
 
VSYNC said:
BTC didn't sound stupid in 2010.
Click to expand...
I can tell you that nobody predicted that it would go up to this valuation in 11 years back then. Of course people knew that it was going to be finite and it had the potential to become currency (which it hasn't really yet)
 
Interesting video. This is what they're NFTing and its being pumped for.
 
It's insane, especially factoring in the gas fees associated with minting and selling items. Even sites like OpenSea still have hidden fees that make it hard to do much unless you get lucky and ride the hypetrain on some random product.
 
Yes nfts are the new trend. Sites like alienworlds.io and exchanges are on the rise.
 
NFT sites - you collect digital assets (whatever - cards, tokens, pictures) that have actual value in digital currency. Do I understand it correctly ?
 
SimilarWeb is not accurate, try semrush more accurate than similarweb.
 
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