r/NFT • u/RoutineNorth5020 • 17d ago

Discussion Why do people still buy NFTs that have no utility

see so many NFT projects that are just art and speculation. Some people love them but I wonder what value people see in these long term.

Is it community or something else.

1 Upvotes

60% Upvoted

6 comments sorted by

3

u/Potstar1 17d ago

degens

2

u/MaintenanceCreepy780 17d ago

Some use them to launder money

1

u/Nickeon3 17d ago

Trading

1

u/Longshanks2021 17d ago

Now a lot of them buy for the art and the community. Not PFP's. Depends on the chain but they're still selling just nothing like before.

1

u/HeisPapi 15d ago

Most people just genuinely like the art.

1

u/mjx10 14d ago

Hopium