While NFTs have been around since 2017, they were originally used for fringe cases within the crypto community (collecting CryptoKitties). Yet four years on, we've seen artists, designers, game developers, musicians, and writers adopt the technology, and before DEFI, the only way for users to acquire cryptocurrencies was 1c0, OTC or with strict Centralized exchanges with listing requirements, for most of the fungible tokens launched in the 1C0 craze, the market lacks liquidity. For the development of blockchain NFT websites and NFT digital collection websites, our team actually started the layout a long time ago. When the NFT market was on fire last year, we helped some customers at home and abroad to develop some of their own. NFT digital collection platform.
The pricing of NFTs belongs to the extreme price class which is more insightful in the method of releasing liquidity than the category of NFTs it belongs to, a common method for some classification of NFTs, such as virtual land, PFP, game assets, domain names, music and art products, however, when assessing liquidity methods, the categories used may be relatively single.
Digital collectible auctions are hugely lucrative for creators and are the best way to gain liquidity for things such as a collection or rare items in collectibles, although high-profile auctions have been instrumental in pushing NFTs into the mainstream played a small role,