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Benefit of the hindsight
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this post was submitted on 02 Jun 2025
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Near the peak of the NFT craze I was gifted (as part of an initial mint) an NFT, which I turned around and immediately sold for $3k. Last I looked it was worth about $200. That's the extent of my experience with NFTs.
Still surprised it's worth $200. I thought it'd be worth a few cents or maybe a few dollars at most
It's worth what someone will actually pay for it. I suspect that $200 is the price at which it is listed...
I see what's going on here! You're confusing market value labor value and use value. Typical noob mistake. Clearly ypu dont understand the real value of an nft!