What are The Reasons behind do not make NFTs in 2022? Is it time to start building your project in NFTs? |
The second reason you should not start an NFTs
project, if you have thin skin, how brutal the buyers are in this space and
that's mainly because there are a lot of getting rich quicker nights out there
who only care about fast profit and if your NFTs doesn't go up in value or
worse goes down you will most likely get a lot of complaints and some of the
dumbest comments you'll ever see people have come to expect flaws that only go
up, and they want projects to stack on utility after utility but once the
Luddites will move on that mentality will do to the thing is this is going to
be massive mental stress and trying to reason with these people is going to be
tricky kidding who made millions in 2021 said you wouldn't go back and do a 10k
drop again for all the reasons.
What are The Reasons behind do not make NFTs in 2022? Is it time to start building your project in NFTs? |
The Third reason is gas, although you can sell
NFTs for pretty much nothing you need some kind of crypto to do so and right
now Ethereum is still the front-runner for NFTs and buyers seem to want NFTs on
Ethereum over other networks so minting costs a lot of money on Ethereum now it
goes up and down all the time what it will be and hopefully this will get fixed
one day, but it prices many people out of the market and if you don't want to
waste thousands on gas or at least hundreds you should consider just waiting
until it maybe comes down or uses another network, but you have to bear in mind
that other networks could potentially cost you sales because the Ethereum NFTs
do demand the premium and have the collectors in a completely different way to
some other platforms currently.
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The Fourth reason you shouldn't be selling in a
tease is if you're not willing to learn everyone right now is a beginner, and
due to the dunning-Kruger effect which is this graph here you pretty much have
lots of beginners there they are and then a ton of these people here now
beginners are fine they know nothing, and they're kind of happy to learn, but
these guys are a problem they think they know a ton about NFTs, and they don't,
and you just need to remind yourself even after months in the space, that you
know nothing and this attitude is going to keep you humble open-minded and will
push you towards one day becoming an expert who accepts they know nothing and
then.
CONCLUSION!
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