NFTs are scarce - Deepstash

NFTs are scarce

NFTs are scarce

NFTs are scarce

The non-fungible nature of NFTs makes them valuable because they tend to be released in limited quantities:

  • Though one could see an NFT collection with 10,000 different models being minted and sold, they cannot be re-released once they are gone.
  • Traditional stocks can be duplicated almost infinitely, prompting people to sell the same share several times. However, NFTs are unique and cannot be reliably reproduced.
  • The unique factor of NFTs makes them more valuable with time, combined, of course, with the scarcity as mentioned above.

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