While you may have heard about NFT arts sold for literally millions of dollars, that is not what we will be talking about here.
Because getting the millions dollar sale for a single art is like winning a lottery. Let's focus on the real collectible NFT art business instead.
By now there are literally hundreds of art collections sized from 3000 to 10,000 art pieces which have completely sold out.
It is common for buyers to engage in so-called ethereum gas wars, where buyers compete and raise the gas tips to the miners, so they mint the just released NFTs before other buyers can.
That hunger for buying NFTs before they are sold out got to the point that for many collection releases the buyers were paying for gas 3 times more than they paid for the minted NFT itself.
Gas wars between buyers can get real crazy at times.
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