NFT picks

Since it may be a good time to buy nonfungible tokens (NFTs) as the floor prices are lower, a Reddit user asked the community what they look for when searching for the next NFTs to add to their collection.  In a subreddit, the Redditor has gotten various answers from the community including examining the utilities of the tokens, finding overhyped projects with low minting fees and monitoring data collected by oracles and basing their NFT investing strategy on what they see. According to one Redditor, utility is what they look for when checking NFTs because it goes beyond being a “digital art piece.” In addition to that, they highlighted that the project’s community must also be examined as they “keep the utility alive and interesting.” Another user shared...