These are just a few-second highlights that the NBA makes official and unique thanks to blockchain technology. The marketing strategy linked to these NFTs is based on the principle of scarcity : the more limited a highlight is (common, rare or legendary), the more the price rises, making the auction of enthusiasts skyrocket to dizzying figures. Fun fact: As you may have understood, each NFT is unique. To recognize it more easily and distinguish it from the others, its creator assigns it a number. What happens when that number corresponds to the number of the protagonist's jersey? What if it were Lebron James? The right mix to ensure that the price of this virtual figurine exceeds 230 thousand dollars .
How exactly does this market work? The premise is very list of phone numbers in philippines simple: in a market where demand greatly exceeds supply, even short films can have an economic value. There are 2 ways to buy Top Shot NFTs: either through various types of packages (just like with stickers) or within the marketplace. In fact, each owner can decide to auction off one of their highlights to make a profit. 5% of every sale on Top Shot goes to the NBA. Speculation and impact on Earth's climate negative impact on the Earth's climate The real purpose of this article is not to advise you to start a business related to NFTs, but to introduce you to the marketing strategies adopted by the most cutting-edge companies.
Without claiming to be complete, I also want to talk to you about the negative aspect of cryptocurrencies, the coins with which you can buy NFTs. Non-fungible tokens are, at least in part, responsible for the millions of tons of carbon dioxide emissions that warm our planet. The cause lies in the very process of generating cryptocurrencies. Read, for example, the statement released on March 8, 2021 by ArtStation, the popular platform where professional artists working in games, films, media, and entertainment can showcase their work. After posting his intent to open up to the world of NFTs, his community rose up on social media with a strongly negative reaction.
What if it were a legendary NFT?
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