The value of NFTs - Deepstash

The value of NFTs

NFTs have no physical or tangible value. The technology of NFTs codifies and enforces a metric of scarcity on a digital file.

  • Functional value (What can I use this for?)**:** Most of the discussion around NFTs is about how you will use the NFTs, show people your cryptocurrency wallet, and your taste in art or music.
  • Hedonic value (How much do I like this thing, in and of itself?)**:** Things that were once treated as interchangeable on the digital space, like a virtual collectable, are existing with the added value of where you got it from.

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joa_fu

Creator. Beer ninja. Travel lover. Twitter evangelist. Lifelong writer. Zombie expert.

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