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Why participate in #cryptoart auctions?
because:
-Bidding in an auction increases the value of the art you *already* own from a certain artist.
- Bidding generates attention for the artist, as active works are pushed to the top of the activity feed.
Why participate in #cryptoart auctions?
because:
-Bidding in an auction increases the value of the art you *already* own from a certain artist.
- Bidding generates attention for the artist, as active works are pushed to the top of the activity feed.
- Bidding and bid activity attracts new collectors and potentially raises the overall price of the artists’ work/
- If you are a notable collector, people are 100% looking to you for market signals about what art is "good"
-More bids on the art = more eyes = higher ROI.
- If you are a notable collector, people are 100% looking to you for market signals about what art is "good"
-More bids on the art = more eyes = higher ROI.
The perceived value of an artist CANNOT increase unless someone is WILLING to increase that value.
So, if you want to see bigger returns on the artists and NFT's you've invested in - then keep investing in the artists! :p
So, if you want to see bigger returns on the artists and NFT's you've invested in - then keep investing in the artists! :p
