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Do you think the "monetization of FOMO" accurately describes why people are buying NFT's? Are there other reasons too? Please explain your thoughts

Respuesta :

One can say FOMO accurately describes some why people are buying NFT's.

Monetization of FOMO

FOMO defined as the fear of missing out on something interesting may currently be happening elsewhere

FOMO is  become one  the effective forms of monetization and has become the monetization strategies for many NFT's, games,and digital assets

NFt as rumored to be the future and has already made People millionaires in this short period of its existence

Therefore,one can say FOMO accurately describes why people are buying NFT's

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