How to Evaluate NFT Projects? Is There Any Reference Standard?
When you step into the world of NFT, you may be attracted by thousands of NFT projects and feel lost. It is different from the FT projects and much more complicated. In this case, it is necessary to do some research and try to evaluate the NFT projects before investing. This article will list some issues about NFT projects you should consider before investing, though there is no unified approach on evaluate or assessing the value of certain NFT projects. What Is the NFT Team? It is extremely easy to mint an NFT and the threshold for an NFT project is extremely low. Moreover, the NFT projects can be imitated and copied easily. In this case, the founding team will influence the development of the NFT project and the value of NFTs. If you want to invest in an NFT project, you should try to make a research about the founders: Is the founder famous and has a lot of followers? Can we find the information ( work experience, country, name, etc.) about the team members? Do the team member...