NFTs (non-fungible tokens) are unique “digital objects” that cannot be altered. These make them very useful for art collections and for certificates of ownership. Even for insurance clauses. The essential thing is that they serve to make investments and ensure value, that is why they are already sold for millions of $.
Right now the most expensive NFT collection in the world is called RICHEST IN HISTORY and you can see it on OpenSea. It is a collection of just 33 items. The prices of each token range from 0.01 to 48,000 ETH, and the cheapest ones are already being sold. It’s a brutal ladder from $ 30 to $ 160 million! Some buyers resell them for 10x the original price.
This collection is disruptive because its objective is to “tokenize” social and economic status, in a virtual ladder of NFTs with only 33 rungs. YES: It is possible to have a piece from a collection with 33 NFT valued at $ 500 million from just 0.01 ETH. But the cheap parts are already selling and they won’t last.
This collection represents the richest people in history and they are symbols of the power that can be achieved. Each piece is an amulet to attract luck and fortune. The tokens are on the blockchain cannot be destroyed. They will last for many, many years.
RICHEST IN HISTORY helps the environment by avoiding emitting a lot of CO2. Think about what it takes to build and move luxury superyachts and private jets. It is a way to show power and wealth clearly. This collection is on the ethereum network which has very low emissions.
We are talking about an excellent investment thanks to its original rising price model. Each token multiplies its value by PHI (1.618) “the golden number”. Human beings are competitive and when you buy a token someone will want to have the one that is a little more expensive. Best of all, buying an expensive token raises the price of the entire collection. Remember that there are only 33, no more. You can see more details here.
Digital identity is increasingly important. Many people try to impersonate other people on the Internet because it is easy and cheap. Now the owners of these exclusive tokens will have a safe value to demonstrate their true economic power.