Rarible and other NFT Disasters ...

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So I have been trying to figure out the whole NFT market craze for a few months now... probably a year.

I have signed up to all of them... Rarible, Makersplace, Wax, etc...

They all seem like a massive scam to me.

Except maybe Super Rare ?

I was able to mint a few after paying very high fees. I sold a few for pennies.
The people who collect them go on to sell them for $ 1000 ....

I have asked other artists if they have sold anything and it seems like as usual if you are in a circle of friends you buy each others artwork hoping someone somewhere will come along and pay more than a few pennies for your Digital Artwork.

Most have sold none, or maybe 1 for a few pennies.

So now there is a flood of artists trying to get in on Rarible etc and paying massive $100 Ethereum fees to mint their digital art, and then nothing happens... Maybe a temporary glitch ?

I think the NFT market will collapse so I am staying clear. Sure there are stories of some well established artists making 6 Million dollars in one day but I think most artists will pay $100 in Ethereum and sell nothing.

I think you are better off just sharing your Artwork on places like Hive and powering up to earn more hive from Curation.

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These are a few complaints from the Rarible Bulletin Board ....

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Rarible and other NFT Disasters ... | Ecency