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Why should I invest in NFT’s? A lot of NFT’s on their own have no value and people are asking 10, 20 even 50K+ dollars for these claiming they are rare one of a kind; although it may be true but so is the blade of grass I pulled from the ground, but I don’t see people swarming to buy a piece of grass for $20k (maybe if the grass granted 3 wishes people would be interested). We produce value by giving your NFT a story via the blockchain. What do I mean? Anyone can take an item and convert it to an NFT but not everyone can produce results. This is where seemynft comes in. Seemynft is built on complex proprietary software that has an organization structure to maximize online footprints reaching the masses efficiently. “But is that the only thing you guys do?” no we also provide value using blockchain technology to document who owned the NFT and when they owned it. This is much like when you Carfax a vehicle before purchasing it. This helps put a quantitative value to the NFT and support any seller in justifying a price point.
You: Oh! You’re selling a one-of-a-kind rocket model? That’s cool but I don’t know if I want to pay $2,000 for it though.
Me: Well, based off the blockchain I can determine that it was once owned by Elon Musk.
You: hmmm… I think will buy it as an investment. Considering Elons reputability increases, so will the value of the rocket!
End Result: Both the buyer and seller cash in on such an investment.
Just because an NFT platform has celebrity ambassadorship doesn’t constitute high value. NFT marketplaces require team cooperation to serve to the consumer what is actually valuable; this is what seemynft does. Seemynft helps filter what NFT to purchase/ invest in with ease.
As time goes on, NFTs become more widely accepted amongst the public. Seems like every day you see several articles published about NFT’s and how they are changing the market. To many NFTs are gibberish and just another technological fad; this is not the case as the base line technology becomes more prevalent in mainstream institutions. Slowly, the world is learning about this technology and merging it into other industries. Outside of professional financial institutions you see this technology changing artwork into digital collectables. These pieces of art may also be known as Memes. Memes have become mainstream within the past 2 decades and they seem to keep engraving themselves deeper into our culture.
Here are a few original copy memes you may recognize that have been converted and sold as NFTs.
Data for NFT memes came from Tim Marcin at mashable.com
Side Eye Girl: This meme came about in 2013 with the intended use of showing skepticism via photo. Recently the meme was auctioned off for $74,000.
Nyan Cat:A pixelated digital graphics interchange format (GIF) of a rainbow cat floating through space. Many have seen this cat as they scroll through social media or now as an NFT that has sold for a whapping $647,472.
Success Kid:If the other two NFT memes don’t ring a bell, the success kid definitely will. This meme consists of a toddler grasping a handful of sand to serve as a “inspirational” photo, often accompanied with a motivational quote. Success Kid sold for $32,355.75, a good start to a college fund.
If you are the original creator of a viral meme, maybe you could expect a nice payday in the not-too-distant future.