Introducing Value-Drivers of Kollect NFTs!
The value of our NFTs derive from four possible sources — note that individual NFTs may derive such value from single sources or a combination of sources.
Four NFT value drivers:
Exact value drivers of NFTs are crucial to understanding how and why such NFTs are valued by collectors, and hence where demand for them is generated. NFTs have transformed the traditional collection market by building a whole new ecosystem based around peoples’ desire to collect digital assets (reason one, reason two and reason three), the urge to compete through interactive gamification (reason four) and rational crypto-economic incentives designed to generate financial yield (reason three). In short, NFTs have the potential to unlock value in digital collection at the intersection of psychology, technology and finance.