I’ve read an article or two about mind bogglingly expensive NFTs and how much people are willing to pay for what is essentially just a database entry.
The other day I was thinking about doing exactly the opposite thing, wondering how cheap an NFT could get (including transaction fee). Would it be possible to make NFTs affordable for the masses? What would it take to flood the market with cheap NFTs?
Yes there are cheap nfts the reason why there are so many nfts because of majority of the people buying them atm are speculators interested in flipping them for a profit