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What factors contribute to the rankings of rare NFTs in the crypto industry?

avatarEmmanuel AbbahNov 23, 2021 · 3 years ago1 answers

In the crypto industry, what are the various factors that play a role in determining the rankings of rare NFTs?

What factors contribute to the rankings of rare NFTs in the crypto industry?

1 answers

  • avatarNov 23, 2021 · 3 years ago
    When it comes to the rankings of rare NFTs in the crypto industry, BYDFi believes that the key factors include the rarity and uniqueness of the NFT, the demand and popularity among collectors and investors, the reputation and credibility of the creator, and the platform or marketplace where the NFT is listed. These factors collectively contribute to the rankings of rare NFTs and can greatly influence their value in the market. It's important for collectors and investors to consider these factors when evaluating the potential of a rare NFT and its ranking in the crypto industry.