Jul 7, 2021
Are NFTs Still Resellable?
NFTs were selling for thousands, but are they still valuable?
In late 2020 and early 2021, NFTs were all the rage. From your favorite gifs and memes to NBA Top Shot, all kinds of NFTs were selling for large sums of money.
NFT stands for non-fungible token. It’s essentially a digital piece of art tied to a crypto blockchain giving it special code and properties that make it original.
This makes NFTs usable in a variety of different ways. For example, Lil Dicky sold some of the royalties to a song of his in the form of an NFT. The new owner of that NFT can actually say they have partial ownership of that song and collect royalties from it. They can also choose to sell it at a later date.
This is the power of NFTs.
So the real question to ask is: Are NFTs still valuable?
Well, let’s take a look at that.
Also, check out some of our other recent stories about reselling:
Juiced IO members know the value already
Juiced IO is a community of resellers who make money by buying and flipping products. NFTs have remained one of those items that they resell since they became popular.
Each day, members receive detailed information about different things to buy and flip for a profit. Every week NFTs make their way into the list of items to resell.
Not only NBA Top Shot NFTs but other kinds such as Panini and more.
Members don’t have to do the regular information other resellers need to. That information has already been done. All you need to do is sign up and have the information sent to your phone in the group.
NBA Top Shot
At this point, NBA Top Shot can be considered one of the kings of NFTs because of how popular it was at the climax of the NFT wave. Yes, popularity has died down since then but it’s still resellable if you have the right packs or moments.
Basically, NBA Top Shot focuses on moments where NBA players performed well and offers those moments in the form of NFTs that can be bought and sold.
NBA Top Shot is a good example of how well NFTs have the possibility of selling.
Other NFTs
From art to virtual worlds, music, and more, there are a variety of different NFTs you can put your money in and then resell later for more money.
NFTs were very popular for a short period of time but then they died down. It’s honestly similar to how Bitcoin was popular in movies and news when it first became a thing.
Then, it died down in hype while growing in value over the years to hold the value of what we see now.
NFTs can still be resold and still hold value if you know what you’re doing. Buy NFTs that you enjoy or strategically buy NFTs that you see a future for.
You can always join Juiced IO and receive specific instructions about which NFTs might be a great investment for you.
Looking to start reselling? Sign up now at https://juicedio.com
