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Market Comprasion

Estimated reading: 1 minute

The simplest way to get a fundamental assessment of an NFT price is to compare it to similarly respected works of art from the same Artist. This is easier to do with an established artist who has many comparable works, and it may be easier to determine if they have a significant number of NFTs on the market. For example, let’s go back to our example of Beeple, the most famous artist in the NFT industry. He held auctions starting at just $1, and the market cap of his other publications helped users determine an accurate price.