In the previous article, we highlighted the underlying psychological motivations for purchasing NFTs and how it is the same driver for luxury goods and art pieces for significant amounts of money. (Read it first!) These motivations are now prevalent in the digital scene, where they affect the types of NFT being bought and the prices people are willing to pay for them. You might still be wondering why NFTs are such a big deal. An easy way to think about it is to refer to familiar items such as memberships, backstage access passes, and in-game virtual items. The reason you want these things is because they have utility in an area that you care about. Well, it’s that, or you want to show off to your friends. These same reasons are brought over to NFTs. If you are a collector, investor, or artist thinking about getting into the NFT scene, this article is for you....