The prices of NFTs are quite insane and ridiculous for something that does not entirely exist. Furthermore, they’re just a bunch of artwork that is designed by artists that some are randomly sold for millions of dollars. Nobody knows the reasons why.
Malaysian school kids guess the prices
A TikTok channel based in Malaysia called Street To The Point conducted a random questionnaire towards Malaysian school children about NFTs. The kids assumed a multi million dollar NFT was worth only RM30, to which some netizens say it’s already overpriced.
Another netizen commented that NFTs meant Not For Teenagers. Others that don’t understand the concept of NFTs stated that if someone were to screenshot it, bam, they’re instant millionaires. Lets not also forget how much Logan Paul lost from his NFTs.
