No rulebook exists. How do you assess an NFT value. NFTs are not affected by the same metrics that you used to evaluate private companies and conventional investments such shares. Most often, the amount paid by the previous buyer is a good indicator of its value. NFTs can be difficult to predict, as it depends on the estimates of previous buyers.

Many buyers don’t have the ability to value NFTs rationally, so they rely on their intuitions. Sellers also have difficulty determining what tokens will be worth. Over time, The perception of the NFTs value is what drives their worthBoth buyers and sellers have the right to exercise some control.