How does the value of NFT increase? Is it because more people are buying it? If I upload an NFT to Opensea, how can that be an opportunity for investment for others?

The NFT is a form of a label attached to an item - be it digital art or something else.

The value of the NFT+item depends on the efforts of promoters and the community.

Having Seen lots of crappy single images or collections getting high valuations, I think that likely some of the high value sales are staged to pump up the price.

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