Data acquired from the major non-fungible token (NFT) marketplace OpenSea reveals that merely 28.5% of NFTs purchased during minting lead to a profit. On the other hand, more than 65% of NFTs bought from other users on the secondary markets result in profit.
NFTs “are far from a surefire investment” and only 1 in 4 NFTs purchased during minting can provide their owners with a profit, according to a report from blockchain analysis company Chainalysis. …
Read More: Only 1 in 4 NFTs Bought During Minting Result in Profit – Chainalysis
