Why The NFT Market Is Not As Crazy As You Think

Sharing is caring!

🌈🐱 Get your very own EE NFT! πŸ‘‰ https://opensea.io/collection/economicsexplained
Nyan Cat, a video of LeBron James dunking, and a tweet by Jack Dorsey. These all have one thing in common (and no, it’s not because they were sold in recent months for millions of dollars, contrary to what you may have heard).

What actually happened was the unique digital signatures of these three pieces of media were sold-off to a new breed of 21st-century collectors; bringing massive attention to these Non-Fungible Tokens (or NFTs).

Overwhelmingly, the astronomical prices some NFT sales have fetched have attracted ridicule by outside observers. Perhaps understandably so, considering some are spending Lamborghini money on a Nyan Pop-Tart cat GIF that you anyone watch for free online.

But is it really all that ridiculous?

In this video, we’ll explore the potential NFTs hold and why these laughable prices may not be so absurd after all.

#NFT #MarketBubble #HypeTrain


✨Special NFT Highlights β¬‡οΈβœ¨

Acquire ownership of the entire EE YouTube channel for $10MM USD (no joke!)
β†’ https://opensea.io/assets/0x495f947276749ce646f68ac8c248420045cb7b5e/43054914477634394329889595616748437970418716425254999584541130147240083456001

Acquire the NFT of this video about NFTs (yes, seriously)
β†’ https://opensea.io/assets/0x495f947276749ce646f68ac8c248420045cb7b5e/43054914477634394329889595616748437970418716425254999584541130148339595083777

Economics of YouTube
β†’ https://opensea.io/assets/0x495f947276749ce646f68ac8c248420045cb7b5e/43054914477634394329889595616748437970418716425254999584541130126349362528257

Original EE logo
β†’ https://opensea.io/assets/0x495f947276749ce646f68ac8c248420045cb7b5e/43054914477634394329889595616748437970418716425254999584541130146140571828225

Economics Explained Video (Collage)
β†’ https://opensea.io/assets/0x495f947276749ce646f68ac8c248420045cb7b5e/43054914477634394329889595616748437970418716425254999584541130139543502061569

Why are Billions of Dollars Worth of Ships Being Intentionally Destroyed?
β†’ https://opensea.io/assets/0x495f947276749ce646f68ac8c248420045cb7b5e/43054914477634394329889595616748437970418716425254999584541130030691850911745

Norway: Is It The Perfect Economy?
β†’ https://opensea.io/assets/0x495f947276749ce646f68ac8c248420045cb7b5e/43054914477634394329889595616748437970418716425254999584541130131846920667137

Google Sketchup House Speed Build (EE’s very first Google Sketchup video!)
β†’ https://opensea.io/assets/0x495f947276749ce646f68ac8c248420045cb7b5e/43054914477634394329889595616748437970418716425254999584541130141742525317121


πŸ–Ό The Economics Of The Art Market: Why This Painting Isn’t Worth $450 Million

β†’ https://youtu.be/V5sOuET8UWA


Enjoyed the video? Comment below! πŸ’¬
β­‘ Subscribe to Economics Explained πŸ‘‰ https://bit.ly/sub2ee
β­‘ Enjoyed? Hit the like button! πŸ‘

Q&A Streams on EEII (2nd channel) β†’ https://www.youtube.com/channel/UCOTgNyfQG4vVP5sCXrJaS4g

βœ‰οΈ Business Enquiries β†’ [email protected]

🎧 Listen to EE on Spotify! πŸ‘‰ https://anchor.fm/EconomicsExplained

Follow EE on social media:
Twitter 🐦 β†’ https://twitter.com/EconomicsEx
Facebook β†’ https://www.facebook.com/EconomicsEx
Instagram β†’ https://www.instagram.com/EconomicsExplained
Discord β†’ https://discord.gg/MJGcTH6


Support EE by becoming a Patron today! πŸ‘‰ https://www.patreon.com/EconomicsExplained

The video you’re watching right now would not exist without the monthly support provided by our generous Patrons:

Morgon Goranson, Andy Potanin, Wicked Pilates, TadeΓ‘Ε‘ UrsΓ­ny, Logan, Angus Clydesdale, Michael G Harding, Hamad AL-Thani, Conrad Reuter, Tom Szuszai, Ryan Katz, Jack Doe, Igor Bazarny, Ronnie Henriksen, Irsal Mashhor, LT Marshall, Zara Armani, Bharath Chandra Sudheer, Dalton Flanagan, Andrew Harrison, Hispanidad, Michael Tan, Michael A. Dunn, Alex Gogan, Mariana Velasque, Bejomi, Sugga Daddy, Matthew Collinge, Kamar, Kekomod, Edward Flores, Brent Bohlken, Bobby Trusardi, Bryan Alvarez, EmptyMachine, Snuggle Boo Boo ThD, Christmas

Sharing is caring!

Leave a Reply

Your email address will not be published.