The concept of non-fungible tokens (NFTs) has taken the world by storm. The cryptocurrency domain deserves full credit for opening a way to develop this innovative platform, which is expected to become a dominant digital force shortly. At the end of 2021, the NFT market is estimated at $22 billion. By comparison, in 2020 the figure was at $100 million. Without a doubt, this is quite a rapid growth, which will definitely not collapse any time soon.
It’s no secret that the NFT market brings a storm of opportunities for creators and investors. Not only venerable artists or popular singers, but also those who yesterday were not at all well known, have begun to make great money in the virtual world. Paintings, photos, collages, gif-animations and music are successfully selling and setting price records. Not least thanks to the active use of NFT-tokens — digital certificates confirming the right to own an asset, making it possible for several people to own a single NFT which would be otherwise expensive to buy.
Despite the fact that the NFT market offers a lot of opportunities and prospects, like any market, it still has its disadvantages and risks, such as:
- volumes of information, than cannot be processed by simple human resources
- fraud by the creators, price and volume manipulation
- assessment complexity due to unique hidden algorithms, rarity of attributes and complexity of formulas within collections
- inability to choose an asset with a clear prospect growth, unlike coins there is no technical analysis
- fear of low liquidity and high volatility of NFT
- the complexity of storing and managing your NFT portfolio
- high entry threshold for expensive NFT with more predictable demand
To make NFT market more qualitative, secure and transparent, we’ve decided to create Amoss — an AI trained on millions of NFT transactions, which understands the current NFT price, can predict at what price it is better to buy and with what probability and on how many percent it will increase in the future.
Amoss’ goal is to make equal earning opportunities for everyone, to keep web 3.0 from centralized capital and to make the NFT market free and honest.
Together with Amoss you will have the opportunity to participate in the most profitable trades of the NFT market, minimize the risk of investing in NFT and select a portfolio both for compulsive investors and for users with no experience in the field.
Join Amoss here:
