NFT Pricing: How to Tell If an NFT Is Worth Anything
When you hear someone say an NFT sold for $50,000, you might think it’s magic. But NFT pricing, the process of determining the market value of a non-fungible token based on scarcity, utility, and buyer demand. Also known as NFT valuation, it’s not about the image—it’s about what the token unlocks. A pixelated ape doesn’t have value because it’s pretty. It has value because someone else is willing to pay for the access, status, or rights tied to it.
Real NFT pricing depends on three things: rarity, how unique the asset is within its collection, utility, what you can actually do with it—like voting rights, game access, or royalties, and market history, how often similar NFTs have sold and at what price. If an NFT has no resale history, no function, and 10,000 identical copies, its price is just guesswork. Look at the Lepasa Polqueen NFT airdrop—it wasn’t just art. It was a key to land and gameplay in a metaverse. That’s why some sold for more than others. The same goes for streaming rights NFTs: they’re priced based on how much money the creator could earn from royalties, not how fancy the thumbnail is.
Most NFTs today are overpriced or completely worthless. The market crashed because people bought hype, not data. If you’re looking at an NFT, check its sales history on OpenSea or Blur. Is it moving? Are people still trading it? Or is it sitting at the same price for months? Look at the collection’s floor price—not the crazy outliers. And ask: does this NFT do anything? Does it give you access to a game, a community, or a revenue stream? If not, it’s just a digital sticker. The NFT market isn’t dead—it’s just getting real. The ones that survive are the ones tied to actual use, not just aesthetics. Below, you’ll find real examples of NFTs that had value, ones that were scams, and what actually made the difference.
NFTs have value because of scarcity, creator reputation, utility, and community. Their price isn't random-it's shaped by trading volume, floor prices, and real-world use cases. Learn what actually drives NFT worth today.
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