About a Creator’s fans
Measuring this factor is much harder than the previously mentioned issues, but it plays a decisive role in considering the price of a creator’s NFTs. If a creator doesn’t have a significant fan community, that doesn’t mean their art won’t be valuable. But, If the artist has enough followers, this can ensure more people who want to own and collect their work which will naturally increase the price.
One of the reasons we’re seeing celebrities and athletes get involved in NFTs and sell their digital assets for high prices.
These people naturally have large followers because of their profession, and NFTs are highly valued in many cases, giving fans an easy way to connect and express themselves digitally.
