From Rarity to Value: Understanding the Economics of Free NFT Drops
NFTs (non-fungible tokens) are one-of-a-kind cryptographic assets representing ownership of anything imaginable: unique artwork, in-game items like avatars, domain names, fractionalized real estate, or even Nike sneakers from a limited-run fashion line. These collectibles can skyrocket as they’re associated with a prestigious brand or event. Supply and Demand NFTs are unique digital assets that can…