NFT STARS
  • NFT STARS Vision
  • NFT STARS Introduction
    • NFT Market Problems
    • Roadmap
  • NFT STARS Core Features
    • Technical Features List
    • Management Features List
    • Fractional Trading
    • Augmented Reality
    • Multi-chain solution
    • NFT Pricing Scanner
    • DAO voting
    • NFT Mania
    • NFT STARS accounts
    • NFT STARS drops
    • Initial NFT Offering
  • SIDUS: NFT Heroes Collection
    • What ‘SIDUS: NFT Heroes’ Is
    • How and Where to Buy Your NFT Hero
    • What Galaxy Modificator Is and How to Upgrade Your NFT Hero
    • Collection Rarity and How to Check You NFT Hero’s Rarity
    • What Galaxy Staking Is and How to Stake an NFT Hero
    • SIDUS: NFT Heroes Roadmap
    • SIDUS Lore and Philosophy
  • Native Token NFTS
    • NFTS Token Use Cases
    • Token Allocation
    • Contract
  • Audit
  • Legal
  • Social media
  • FAQ
  • Guides
    • How to buy NFTs on NFT STARS
    • How to apply to be an artist
    • How to create an NFT on NFT STARS
    • What are NFT standards and how to choose one?
    • NFT STARS Submission Guidelines
    • NFT STARS Auctions
    • Which wallet is perfect for buying NFTs on NFT STARS?
    • How to connect a MetaMask account
    • How to connect a WalletConnect account
    • How to connect your MetaMask to Binance Smart Chain and the NFTS token
    • What is an NFT and how do you buy one?
    • What is an NFT and how do you store one?
    • A guide to NFT STARS auctions and drops
    • How the royalty system works
    • How and Where to Buy AVAX for Using NFT STARS on Avalanche
    • How to get MILK2 for NFTS tokens
    • How to buy ETH
    • What is Gas?
    • A guide to NFT STARS types of sales
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  • Superfluity
  • Technological burden
  • Setting the price
  • Restrictively high prices

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  1. NFT STARS Introduction

NFT Market Problems

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Last updated 3 years ago

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Superfluity

The rapidly growing market quickly attracted masses of people all trying to make a profit off the NFT craze at the start of 2021. They flooded the market with mediocre works, trying to pass them off as ‘artwork’ on various NFT marketplaces. Thus, it became increasingly hard for true artists to stand out and get their art noticed by the public.

Likewise, it became harder for investors to find valuable creations because of the need to sift through a market saturated by a mass of third-rate items.

Technological burden

The technological complexity of NFTs is something that restricts many good artists when attempting to make their way into the NFT market.

Setting the price

The novelty of the NFT market presents a big problem when trying to set the right price tag for each individual work of art. Artists become puzzled when trying to set a price for their creations in the NFT market because there is very little association between NFT prices and the assets they represent.

Restrictively high prices

The high price tags of numerous veritable creations restrict many investors from investing their capital in NFTs.

NFT STARS aims to bring clarity to the NFT space by helping genuine artists stand out from the crowd. Our team hand-picks every artist that is featured on NFT STARS and presents their art collections to a crowd of interested buyers.

We provide artists with useful tools and solutions that will help them to create and sell their own NFTs. We also help with promotional activities and increasing public awareness through outside social platforms.

Our NFT Pricing Scanner enables artists to auto-compare their works with similar-looking ones to help them determine an appropriate price tag for their artwork.