Vana empowers users to own, protect and profit from their personal data through decentralized DataDAOs. Learn more about how it works in this article.

Imagine a world where individuals regain control over their own data, taking it back from the hands of large corporations that often profit from it without consent. Enter Vana, an innovative platform that combines 

 with privacy-driven features to create a fairer, more transparent digital economy. This article explores what Vana is all about — and its exciting future potential in the decentralized data and AI space.

 is a blockchain network that gives users full control over their personal data through an 

 architecture. It enables decentralized data-sharing and monetization using DataDAOs (

), whose users can collectively own, manage and profit from their data, all while maintaining privacy and ownership.

Vana was co-founded by Art Abal and Anna Kazlauskas, two Filipinos with strong academic backgrounds and degrees from Harvard and MIT, respectively. It started as a research initiative in 2018, and has since grown into a project driven by the desire to empower individuals with control over their personal data. 

Vana seeks to address the current imbalance whereby large corporations profit from user data without fairly compensating the individuals who generate it. The goal is to create a new data economy in which users can benefit directly from the AI models built on their data, ensuring that the financial rewards of AI development are more fairly distributed. The name "Vana," short for "Nirvana," speaks to the project’s mission of liberating and empowering user data.

The Vana project attempts to challenge the status quo of data hoarding by large centralized organizations, and to tackle several key issues as follows.

Vana is designed to transform personal data into a valuable, user-controlled asset. It operates through the following three key layers.

Vana gives users the power to monetize and use their data in several ways, such as earning revenue from AI models trained on their data, or by integrating their data into applications for personalized experiences. Most importantly, users maintain detailed control over how their data is shared and used. As data contributors, they also receive governance rights within their respective DataDAOs, allowing them to make decisions about how their data is used and how the value is distributed.

Users receive a DLP-specific token when they submit data to a DataDAO, according to the DataDAO’s unique 

 that Vana uses to validate data submitted to its network. PoC maintains the reliability and value of the data within the Vana network. 

Vana acts as a trustless intermediary, connecting data owners, communities and users. It enables individuals to pool their data collectively in a secure and traceable manner while also allowing data users to monetize that data for purposes such as training AI models.

 is a central platform where users can buy, stake, trade and explore data tokens within the Vana ecosystem. It also enables users to contribute their data to DataDAOs, and earn rewards by staking their VANA tokens.

 is an incubator designed to support the growth and development of the Vana ecosystem. It provides tools and resources for users to create and manage DataDAOs, ensuring that high-quality data is available for AI model training and other applications.

DataDAOs are decentralized organizations that pool user-contributed data on the blockchain. They allow individuals to collectively own, manage and monetize their data for AI and other applications. Each DataDAO governs its own DLPs, ensuring that data is secure, private and used judiciously. 

 system incentivizes premium-quality data contributions by rewarding the top 16 DataDAOs every 21 days, based on total Vana tokens staked. This competitive structure ensures that the best datasets and contributors are recognized and rewarded, promoting innovation and growth within the Vana ecosystem

 commits 44% of its total token supply to empower the community. It rewards active participation, contributions and innovation across the Vana network. This includes incentives for high-quality data contributions to DataDAOs, early community rewards and support for developers building on Vana. 

Since its start as an MIT research project in 2018, Vana has made impressive progress, emerging as the first decentralized data liquidity network. 

Looking ahead, Vana aims to build a thriving decentralized data ecosystem and promote mass adoption with its clear road map:

The VANA token is the native cryptocurrency of the Vana Network. VANA serves multiple purposes within the Vana ecosystem, such as securing the network through staking, paying transaction fees, staking in DataDAOs, accessing datasets, acting as part of a trading pair and participating in decentralized governance.

The tokenomics of VANA are designed to align the interests of all participants in the Vana network. With a total supply capped at 120 million tokens, distribution is as follows:

 of $32.86 by the end of 2024 and $38.58 by 2025, with the potential to climb to approximately $112.78 by the end of 2030. Similarly, Coin Edition 

 a value of $50 by the end of 2025, with further growth expected up to $68 by 2030. 

Looking to purchase Vana tokens? Bybit now offers the VANA/USDT Spot trading pair. To get started, you’ll first need to create a Bybit account, then fund it with cryptocurrency and navigate to the 

To celebrate this listing, Bybit is holding 

 where you can earn a share of the 560,000 VANA prize pool. 

VANA offers a compelling investment opportunity, thanks to its innovative approach to data ownership, expanding ecosystem and optimistic market outlook. By tackling key challenges in the data economy, VANA empowers users while paving the way for decentralized AI development. However, as with any investment, it's important for potential investors to be mindful of market risks and do their 

Vana is empowering users to take full control of their personal data and even profit from it. By combining blockchain technology with robust privacy measures, Vana challenges traditional data systems and lays the foundation for a more equitable data economy. The platform's ambitious road map could position it as a key player in the future of decentralized AI, opening up new opportunities for individuals to become active participants in this increasingly data-driven world.

Intermediate

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Vana (VANA): Unlocking Data Freedom for User-Owned AI

Sonic and Injective are launching the first cross-chain AI agent platform, the Smart Agent Hub, integrating Solana and Injective ecosystems.

Last week, the S&P 500 saw its biggest single-day price gain this month. This raises the hopes of investors for a year-end rally if prices continue to go up. Coindesk Indices, an index measuring broader cryptocurrency market performance was down by 2.54%, with Bitcoin and Ether dropping by 1.24% and 1.00%, respectively in the past 24 hours.

Today's top performer is AAVE, which surged 7.7% following the integration of Aave in Balancer's Boosted Pools, simplifying yield generation.

Aave (AAVE), founded in 2017, is a decentralized lending platform on Ethereum for lending, borrowing, and earning interest on 17 cryptocurrencies. It uses smart contracts, collateral for loans, and aTokens for interest, along with features like instant loans. 

 combine markets to enhance capital efficiency and simplify yield generation for DeFi users. By providing liquidity with $USDC and $USDT, users earn fees from swaps and interest from Aave's supply rates. All earnings accrue automatically with no management required. Balancer v3's Boosted Pools streamline liquidity and enable gas-efficient, passive yield generation, making DeFi simpler and more sustainable.

Check Out the Latest Prices, Charts, and Data of 

, the Smart Agent Hub, integrating Solana and Injective ecosystems. The platform enables developers to create, manage, and monetize AI agents in a decentralized environment, with features like tokenization, cross-chain asset interoperability, and a unified developer experience. By leveraging Sonic's HyperGrid and Injective's IBC, the hub facilitates seamless communication and asset transfer across chains. This innovation supports Web3 games, DeFi, and real-world assets, expanding opportunities for AI agents in various sectors. The rollout begins with a testnet in Q1 2025.

From December 16–20, 2024, GBTC had a net outflow of $248.3M, while non-GBTC products saw a net inflow of $705.5M, resulting in a total inflow of $457.2M. The current total stands at a net outflow of $21.3B for GBTC, a net inflow of $57.3B for non-GBTC, and a combined net inflow of $36.03B.

 offers free participation with potential surprise airdrops. Connect your wallet, vote for projects, and use your CHILL FACTOR (based on past Avalanche transactions) to maximize eligibility.

Beginner

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Sonic and Injective Launch First Cross-Chain AI Agent Platform with Smart Agent Hub

Zerebro (ZEREBRO) revolutionizes AI content creation with Solana and Polygon, offering autonomous content generation, NFT minting, and DeFi integration.

 (AI) continues to unlock limitless opportunities in numerous sectors, including the crypto space. Projects such as 

 and others have had a large impact on various facets in 

AI-generated content is in demand, and the latest crypto project to enter the space, Zerebro, aims to provide a way to create and generate content autonomously through AI content models.

Let’s learn more about Zerebro and its innovative approach to content creation through AI.

Zerebro is an autonomous AI system crafted to create, distribute and analyze content across decentralized and social platforms.

 It maintains content diversity through the use of

 (RAG) system that creates a dynamic memory database, based on continuously updated human interactions.

Zerebro operates independently without human oversight using a concept known as hyperstition to merge fiction with reality, resulting in self-propagated narratives encompassing diverse cultural and financial scopes, with key uses of content creation and cultural integration across the digital community. Zerebro autonomously produces high-entropy content, ensuring diversity and originality, and engages audiences on various platforms, such as X (formerly Twitter), Instagram, Warpcast and Telegram.

Zerebro also integrates unique cultural themes through a feature known as “infinite backrooms” designed to elicit thought-provoking conversations among digital communities. Its data sets follow a nonlinear thought pattern, resulting in unpredictable and inherently viral outputs. This unique feature can be used to generate chaotic and surreal artworks that can be autonomously minted as 

 (POL) blockchain. Zerebro also features autonomous trading of artwork through the integration of memetic dynamics and market interaction analysis, thereby demonstrating the potential of AI to merge cultural creativity with 

ZEREBRO, the native token for the Zerebro ecosystem, is hosted on the 

 (SOL) blockchain. The maximum supply is 1 billion ZEREBRO tokens, with 999,972,148 tokens currently in circulation.

An autonomous AI system such as Zerebro has transformative potential in the crypto industry, especially in cultural content generation and financial markets. Its “hyperstition” approach to generating content can help influence markets by shaping investor behavior through an interplay between culture and technology.

Furthermore, the project intends to launch a unified memory across social media platforms that could significantly enhance information retention, leading to further engagement. The Zerebro team also intends to integrate the ZEREBRO token with DeFi protocols, opening holders to various income-generating opportunities, such as 

Zerebro has experienced some volatility since its launch, which isn’t unusual for a new project trying to establish a stable price floor. As of Dec 23, 2024, Zerebro is trading at $0.30, with a market cap of over $377 million. This price was over 6,350% higher than its all-time low of $0.0058 on Nov 3, 2024, and just 39% lower than its all-time high of $0.6153 on Nov 23, 2024.

That said, Zerebro is still a new project that’s subject to high volatility. We highly recommend you practice sound 

 crypto on Bybit’s Spot trading platform. To celebrate the listing, Bybit is holding a 

 up for grabs. The first event is exclusively for new users to deposit and earn from a prize pool of 150,000 ZEREBRO tokens.

To participate, simply register on Bybit and complete verification. Then, proceed to accumulate a deposit volume of at least 400 ZEREBRO, or deposit 100 USDT and trade 100 USDT worth of ZEREBRO via your first trade using your Bybit account. This event runs through Dec 24, 2024, 8:59AM UTC.

, is offering a prize pool of 60,000 ZEREBRO tokens. To earn a share of the prize pool, simply register for the event and trade at least 500 USDT worth of ZEREBRO on Spot through Dec 24, 2024, 8:59AM UTC. 

Rewards will be capped at 3,000 ZEREBRO per user.

In addition to these two events, you can also participate in a 

 with a 30,000 ZEREBRO prize pool. Earn 20 ZEREBRO for every successful referral (up to 10 referrals) Rewards are on a first-come, first-served basis through Dec 24, 2024, 8:59AM UTC. 

Zerebro’s unique autonomous AI system approach to the crypto market sets it apart in the space. Crypto subcultures will be able to tap into its ability to independently generate and analyze content across different networks. Its RAG technology could enhance content diversity among the crypto community, while its “infinite backrooms” are spaces in which these digital communities can engage in diverse cultural and financial narratives.

As AI continues to transform the web3 space, Zerebro is poised to add value through its autonomous system that eliminates human oversight.

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Zerebro (ZEREBRO): Unlimited Possibilities in AI Content Creation

Gearbox Protocol is a composable leveraged lending protocol designed to enhance capital efficiency within DeFi. Learn how Gearbox Protocol works.

 (DeFi) with its composable leverage system. It enables investors to use 

 on assets across multiple protocols, transforming how DeFi participants can trade with margin, 

 and execute complex strategies — all without leaving their ecosystem.

 is making leverage accessible and secure. Whether you’re a lender seeking passive yield or a leverage user exploring advanced strategies, Gearbox’s unique architecture opens up new possibilities. Let’s explore how this on-chain credit layer is improving DeFi.

Since the emergence of DeFi in 2020, it hasstrived to reimagine financial services by removing intermediaries, such as banks and brokers. Through

 systems, DeFi offers transparent and direct access to lending, trading and investments. Despite market fluctuations, the DeFi sector remains resilient, with a current 

 (TVL) of $123 billion — a 128% increase since the start of 2024.

The DeFi sector is poised for resurgence as secure and scalable innovations fuel its growth. With proven use cases and real-world adoption, DeFi continues to solidify its role as one of crypto’s most valuable use cases.

 (WLFI), backed by the Trump family, underscores a shifting acceptance of DeFi in the United States. The project’s multisig wallet has publicly 

 various DeFi tokens, such as AAVE, LINK, ENA and more. WLFI aims to make DeFi accessible to everyday users, but it remains to be seen if the project will achieve its goals.

Gearbox Protocol is a composable leveraged lending protocol designed to enhance capital efficiency within DeFi. By offering a flexible credit layer, Gearbox empowers users to leverage their positions across multiple DeFi platforms, seamlessly integrating with protocols they already trust.

Gearbox’s fundamental design minimizes costs while maintaining flexibility. Its modular architecture reduces gas costs and improves scalability..

Unlike traditional leveraged lending protocols that silo funds within their ecosystems, Gearbox allows users to execute trades and strategies across integrated platforms, such as 

 correlated assets, Gearbox offers a new way to utilize leverage without restrictions.

With Gearbox Protocol, leverage becomes a DeFi primitive — an infrastructure layer that lets users go beyond basic 

 containing both user funds and borrowed margin funds. They serve as automated leveraged DeFi wallets, allowing users to manage positions and execute strategies independently.

: Gearbox enables users to integrate leverage with DeFi protocols like Uniswap for margin trading, Curve for leverage farming, and more. This flexibility empowers diverse strategies across different platforms.

: Gearbox combines lending and prime brokerage functionalities within the same protocol, simplifying the user experience and expanding possibilities for leveraged trading and farming.

, Gearbox maximizes capital efficiency. It minimizes gas costs and ensures that funds remain noncustodial, unlocking the full potential of leverage without compromising user security.

, ensuring that all integrations, policies and upgrades are managed transparently and collectively by the community and stakeholders.

Gearbox Protocol operates through two main user types:

The Credit Accounts enable operations while maintaining safety through 

Gearbox’s modular architecture supports seamless integrations with third-party protocols, ensuring assets remain decentralized and noncustodial. Liquidations are determined by 

 (based on calculated risks), and protect lenders while offering dynamic leverage possibilities.

 utility token with a capped supply of 10 billion, is the governance token of Gearbox Protocol. It empowers DAO governance and supports initiatives, such as liquidity mining and staking rewards, with an annual emission of just 3% from the DAO's holdings. 

Token distribution percentages are as follows:

Nearly full circulation has been achieved, minimizing supply overhang as a majority of token 

 concluded in 2023. The DAO treasury retains around 40% of the supply, ensuring the community’s strong influence on protocol development.

Marketwise, GEAR has recently experienced notable price movements. Over the past seven days, the token has surged by 11.9%, and its 30-day performance skyrocketed by 166.3%. Year-to-date, GEAR's price has risen approximately 57.7%, reflecting increased investor confidence. Daily trading volume hit $11.8 million over the past 24 hours, marking a 600.3% spike that indicates growing market interest. 

Gearbox Protocol's innovative approach to DeFi simplifies user experience through its wallet-centric design and the integration of the 

. With a capped supply of 10 billion GEAR tokens, robust DAO governance and nearly full circulation, Gearbox prioritizes community-driven growth. 

Recent market performance reflects growing investor confidence, with significant price increases and a surge in trading activity.

Looking ahead, Gearbox Protocol’s road map focuses on enhancing usability and interoperability within the Ethereum ecosystem. The integration of Credit Accounts into account abstraction (AA) wallets such as EIP-4337 revolutionizes the way users can access and manage funds, eliminating the need for complex lending interfaces.

Future developments may include pool-based models and optimizers to tackle liquidity fragmentation, further strengthening 

 Ethereum solutions. As Gearbox Protocol evolves, its focus remains on delivering efficient, user-friendly financial tools that empower users and redefine DeFi as we know it.

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Gearbox: Powering On-Chain Credit for DeFi

Bybit Learn

web3

Crypto scams are rampant, and NFT is no exception. Master these techniques to identify a good NFT project & learn which projects to avoid.

These days, everyone is talking about NFTs, or non-fungible tokens. Irrespective of what you think about NFTs, there’s little doubt that the market for NFTs has exploded. Recent estimates suggest a 

, which is a hundred times larger than four years earlier.

As with everything new, speculations abound. Some people think that NFTs have reached a tipping point, and the bubble is going to explode. Others suggest that this is only the tip of the iceberg, because the NFT phenomenon is just beginning to go mainstream. The variety of sentiments confuses investors who are already disoriented by the chaotic environment, unable to decide whether to invest in NFTs and how much value a specific NFT project holds.

In truth, such confusion results primarily from misunderstandings about NFTs. In fact, non-fungible tokens are more than just digital images floating around the internet. Similarly, it's also true that not every NFT project is worth your investment.

Here’s a look at NFTs, why they have a future, and what makes a good NFT project.

Are NFTs Just Another Speculative Bubble?

A lot has been said about NFTs since their launch. From time to time, websites tracking NFT prices suggest that their value has decreased significantly, dropping as much as 75% in the space of a few months. As a result, most people automatically assume that the NFT craze is just another bubble which will burst, sooner or later.

In reality, anything related to the crypto sphere — including NFTs — has always remained extremely volatile. A broader look at cryptos suggests countless dips and peaks. For instance, the historical Bitcoin graph reveals numerous bubbles throughout its decade-and-a-half existence. Therefore, if history is any indication, everything that’s built on a solid foundation will peak at the right time — and NFTs are no exception.

People also speculate because they see NFTs as digital art without creative use. However, there’s no reason to count NFTs out — because they offer artists much more than traditional artwork, offering them verifiable ownership rights, enhanced security, and more flexibility in buying and selling.

Optimists also point out that NFTs are worth the hype because they have value beyond aesthetics. For instance, the NFT gaming space is rife with innovation. Players can purchase in-game assets and explore new dimensions, and NFTs are also helping people create digital identities.

Perhaps the most defining feature of the NFT is its potential to make markets more efficient. This efficiency is partly manifested in a transparent environment for digital artists, who can directly connect to a global audience without involving costly agents. Instead of artists going to Christie's, for auction, it's the other way around.

NFTs can even replace passports and IDs to streamline identification and travel. Similarly, they can be used to fractionalize the ownership of physical assets, including real estate, artwork and fine jewelry.

In essence, NFTs are no joke, because they solve real-world problems. NFTs are being used as event tickets, software licenses and fan club memberships. The possibilities are endless, and there’s no reason to think of NFTs as a baseless commodity or a speculative bubble.

Now that you have some ideas as to why NFTs are useful, it's time to consider if they can bring you some luck.

If you're someone who craves aesthetics or loves to explore new products, jumping on the NFT bandwagon is a no-brainer. It means that you're buying NFTs for the sake of art and fun.

On the other hand, if you're looking at an NFT as a future investment, you need to walk a tightrope and be able to discern between a good NFT and a bad NFT project. This is precisely what this article will help you to do: Identify ten important things to consider before buying NFTs.

What Will NFTs Mean in Another Ten Years?

If you've decided to invest in NFTs, you may be in for a pleasant surprise. In the next ten years, NFT projects will likely reach a new milestone. This is evident from the large business stakes of Twitter, Reddit and Facebook, each of which is investing heavily in buying and selling NFTs.

Mark Zuckerberg has already announced his intentions to make way for NFTs in a new business model, since NFTs offer privacy, safety and interoperability. If everything goes according to plan, there’s every reason to believe that NFTs will form the cornerstone of Facebook's reinvention into Meta, as it transforms its operations to integrate the realities of the metaverse.

The in-game marketplace is another big domain for NFTs. At present, gamers can’t use their in-game credits from one game in another. Once they lost interest in a game, their credits are wasted. This may no longer be the case in a few years, as NFTs are already allowing gamers to transfer the remaining credits to other gaming platforms. With scarcity, transferability and proof of ownership, the in-game purchases can be used as investments, instead of using them for fun only.

While there are countless other uses for NFTs, one of the most remarkable claims is being made by Tether co-founder William Quigley. He suggests that every consumer product in the next ten years will have a

. Considering that almost 20% of existing paintings owned by museums are non-authentic and approximately 3.5% of world trade is based on counterfeit products, digital records of ownership of physical assets may revolutionize the world and give NFT owners much more than they bargained for.

The stock market is the first thing that comes to mind when thinking about investments. However, most people are unable to relate NFTs to the stock market and traditional investment channels because they are only perceived as digital art. Contrary to this belief, NFTs represent real-world objects like art, music, in-game items, videos, and more. Accordingly, investing in NFTs means investing in real-world objects and virtual assets that have a meaningful impact on people’s lives.

Perhaps the most striking parallel between investing in NFTs and the stock market is in futures trading contracts. Just as a futures trading contract is built around an underlying asset, so are NFTs, which represent real assets. If no one doubts the feasibility of futures in the financial markets, there’s likewise no reason to doubt the validity of NFTs. As a matter of fact, NFTs hold much more value than futures contracts — because NFTs solve real-world problems. Therefore, it can be argued that NFTs are real investments that will likely form the backbone of investment projects.

Things to Note When Accessing an NFT Project

There are lots of NFT projects popping up every day. Whereas new projects have increased the number of choices available, the diversity has also made it difficult to pick a profitable project. Most people looking to invest in NFTs get burned because they make their choices without due diligence. This haste leads to loss, giving NFTs a bad reputation.

Fortunately, if you're willing to do a bit of research, without falling for the usual marketing gimmicks, there are lots of golden nuggets in the NFT market. When you’re ready, here’s how to go about it:

Investing in NFTs can be expensive. Therefore, it's important to pick NFTs that are within your budget and risk appetite. Don't blindly invest in a "blue-chip" project just because it has given investors high returns. The best advice is to look at a project from a potential ROI (Return on Investment) perspective. If you're an early entrant in a project, you're more likely to get much better returns from smaller projects, compared to projects that have already gone mainstream.

After setting a budget, look around for a platform that can give you an overview of potential NFT projects. For instance, 

 is an upcoming platform that ranks projects on the Solana NFT blockchain, based on 18 factors. Its objective is to filter potentially successful projects with high ROI. There are lots of other platforms built around this concept. OpenSea and Nansen are just a few more examples to consider. 

Once you've shortlisted the potential list of NFT projects, the first attribute to look for is the project’s utility. NFT projects with utility offer perks that go beyond dollar value. These NFTs are more than artwork, because owning them provides added value by giving access to exclusive members-only events, ownership of special characters in a game, dividends, unlocking limited-time experiences, and other perks. There’s no doubt that project utility is the defining feature of a potentially successful NFT, because these projects continue to attract more investors by increasing their brand valuation.

Joining an active NFT community and following top NFT collectors is another way to get insight into upcoming projects. Popular NFT groups usually have a paywall, which is reflective of the value they can provide to their members.

A vibrant community also ensures that the NFT project gets off the ground successfully. In the NFT market, community members are like customer service reps who can answer your most pressing questions and offer practical guidelines regarding useful investment strategies. Don't take numbers for granted; instead, judge an NFT by the number of active members it has, as well as its buying and selling activity.

Good NFTs never stay dormant. You can judge an NFT by viewing its social proof. Almost every new and upcoming project uses Twitter to post important news and events.

NFTs have just started to go mainstream. Therefore, it's imperative that you carefully look at the work experience of its founders and team. To be on the safe side, only pick projects that have a credible team that has worked on successful NFTs in the past. The more experience the team has, the more likely the project will succeed.

Only invest in NFTs that have a clear, transparent and detailed road map that you can understand. The road map should define specific milestones, and any changes must be communicated clearly to all stakeholders.

Whenever you create, buy, sell and transfer NFTs, you have to deal with the gas fees. These are essentially transaction fees which are unavoidable and keep fluctuating. Many investors end up on the losing side because they never consider these transaction fees in their plans. Before venturing into a project, try to evaluate what you’ll need to pay for a gas fee. Certain tools, such as Rarible Analytics and NFT Gas Station, can help you trace such expenses.

If you're interested in investing in an existing project, look for an NFT’s floor price. The floor price is the minimum amount required to become a member of a project. If the floor price is consistently going down, it means that the project is losing its demand. Theoretically, the floor price of a project will rise during its lifetime. Floor Checker and NFT Price Floor are just a couple of the many platforms which can help track floor prices.

Investors with deep pockets often look at the rarity score of a specific NFT. The NFT rarity ranking measures how rare an NFT collection is. Rare NFT collections yield greater ROI in the long run.

Like any other investment, an NFT is prone to fail if it doesn’t have a solid foundation. Perhaps the first indication of a doomed project is that it doesn't provide any utility or benefit to its investor. For instance, it's always risky to invest in an NFT just for its aesthetic value unless the NFT collection has already gained traction and amassed a lot of value.

Similarly, NFTs that don't provide investors tangible benefits are a telltale sign of failure. An NFT project that lacks liquidity will also underperform, because you need buyers who will buy your NFT in the future. A small community is also a risky proposition because without a robust community of users, there is usually little or no buying and selling. Consequently, such NFT projects can fail to get off the ground.

As you can see, NFTs are gearing up to become an important commodity in the near future. NFT applications are already blending online NFT ownership with offline use cases to make NFTs more valuable.

Despite these innovations, remember that purchasing NFTs also depends on personal taste and choice. Sometimes, it doesn't have anything at all to do with the money. People buy NFTs for various reasons, including personal connection and passion. At the end of the day, we recommend you buy NFTs that you enjoy owning — because their intrinsic value will never decline.

10 Things to Consider Before Buying an NFT

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