Why people buying NFT

[hidingyou]

People buy because of the hype, I think it because it gives people entertainment while gaining profit, not all people bored easily in the traditional
trading, NFT provides entertainment is all, well it's not bad as long as you gain from it.

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[midaslordes]

I just wonder why people buying NFT artworks like cryptopunks. I am not against NFT and I love it. I actually own some NFT games accounts like CB, Axie, Dpets because I am earning from it.. But for NFT artworks can you tell me what is the benefits. And why some of the people buying it?

Well I think that aside from the hype and earning in some NFT games people who buy NFT artworks are just like crypto hodlers they tend to hold this artworks and wait for the right timing to sell it to get a good amount of profit.

[sumant]

Every projects which comes that has done well in past and with new technology then people definitely going to show interest in that. Some nft, s has done superb performance in their timeline this might be another reason. In crypto whenever a new thinking will come then investots will always going to fill bag for real benefits in future just like NFT

[xzone]

Of course, when people see the hype, they buy something and want to invest. But lately some pretty ridiculous things are being sold under the name NFT and I think it's a little scary. When there is too much interest in something it means it is coming to an end, we are probably slowly approaching the end. I think investors should start paying a little more attention and buy useful things

[dudusix9]

For games, it's because they can play to earn instead of pay to win type of games.

For arts, it's more like a collection, because Art can make you feel something. Most of them felt so many things while looking at art—longing, lust, empathy, anger, disgust, desire, connection. Thus, desiring to make it their own would be their #1 goal. + considering it as an investment.

NFT community is really getting bigger, some projects are creating like social media dedicated for NFT that might be the next Instagram or Twitter.

[cafee_orange]

I think there are many new members who are familiar with digital currency and make NFt their favorite coin, I am one of the NFT lovers, I see nft has a very promising future prospect, this is because digital art is converted into crypto, and its uses are clear seen. for that reason I made Nft my favorite Token 2021

[Golftech]

Of course, when people see the hype, they buy something and want to invest. But lately some pretty ridiculous things are being sold under the name NFT and I think it's a little scary. When there is too much interest in something it means it is coming to an end, we are probably slowly approaching the end. I think investors should start paying a little more attention and buy useful things

Fear of losing their opportunities as even they really did not perform any investigations and research, they will proceed and invest

With the hot projects, believing that the hypes will continue and eventually they will gain decent compensation.

An ordinary human nature who are lazy not deal with DYOR and cry out loud when they missed the ride and lose their money.

[fileo]

Once the person buy one piece of NFT, he/she has something big expectation that may fullfil in due time. If they bought expensive one, for sure they know something we didn't know or maybe they are so much fan to that NFT artworks. I also have pets in dpet but I don't want to buy NFT just for collection. Maybe because I am not a collector or a fan.

[Orange89]

Trend Benefits Everyone Big influencer is doing buying and selling  of NFT's these make the value of NFT's huge , At most people is buying anything when they find that particular thing had some Value and Usecases , Also with NFTs they are used in the gaming platform which is the biggest reason people are buying the NFT because they wanted to play the game most platform only allow you to play their game when you had atleast one nft . That's some reason i find people are buying NFT's

[OgNasty]

Personally, I think NFTs are a cool use case for a blockchain. Once games step up to the plate and start implementing NFTs as characters and establishing standards for the industry, many people will change their tune. I think it will continue to mint millionaires and I’m glad to see that artists are finally getting paid. They deserve it.

Disclaimer: I own nearly 100 NFTs.

[7788bitcoin]

Personally, I think NFTs are a cool use case for a blockchain. Once games step up to the plate and start implementing NFTs as characters and establishing standards for the industry, many people will change their tune. I think it will continue to mint millionaires and I’m glad to see that artists are finally getting paid. They deserve it.

Disclaimer: I own nearly 100 NFTs.

Damn that is a huge collection, will we be able to see your collection and what are the things you collected till now, just curious to know. The game setup will attract new users to the cryptocurrency market, even the current NFT craze we are seeing new users who even used cryptocurrency is entering the market to collect these art and it is a good exposure for the entire market and if the transaction fees goes down, then it would be great.

[domoy77]

Its just like another fancy thing, its for prestige and hobby. Also if you lucky enough, you could sell the artwork for the higher price to earn profit from it.

And everyone who is able to create a new game that can attract everyone's interest, he can also sell it at a very high price because I have also seen that buying special game characters whose editions are very limited will also be very expensive, because game lovers will always offer prices highest on that game character.

[Kena Banned]

Its just like another fancy thing, its for prestige and hobby. Also if you lucky enough, you could sell the artwork for the higher price to earn profit from it.

And everyone who is able to create a new game that can attract everyone's interest, he can also sell it at a very high price because I have also seen that buying special game characters whose editions are very limited will also be very expensive, because game lovers will always offer prices highest on that game character.

Yes, For the rare thing like that its a common sense too sell it on higher price, we already see it on many traditional games before, so it would happen too on blockchain games.