How do you make an NFT? I know that you need to launch them on either the Ethereum blockchain or another common chain that can be made available and sold through a popular marketplace, but I still just don't quite get why people are forking over millions and millions of dollars for these honestly seemingly worthless tokens when they could have BTC or literally any other shitcoin.
Someone please help me understand why they are so valuable, should we all be investing in these NFTs? Are they really worth it long term? What is the difference between these and those dumb crypto kittens? These are fortnight skins, they're things that we have already been purchasing like avatars though many platforms in the past 10 years, but now they just have a crypto branding lol.
Looking forward to some proper education here from the smartest people on the net, please don't hold back one bit and do us the kind service of educating everyone in this thread. Please and thanks!
The answer lies in the question. They are so valuable because they are digital art. Many NTFs are created by famous artists, people all over the world. And people who buy NTF for a lot of money are unlikely to give the last out of their pockets.