What makes an NFT 'blue-chip,' and where does the term come from? The term is borrowed from traditional finance, and volume is not the only factor that determines whether an NFT is blue-chip or not.
Communities are more than just numbers since they represent individuals with varying levels of belief and convictions toward the project and within the ecosystem.
It is often said that an asset is worth what the market is willing to pay for it, and sometimes the market's perception can pump or dump in regard to this valuation.Blue-chip value extends beyond price NFT markets are young and fickle because the largest blue chip so far, BAYC, has not even hit its anniversary. Yet it has proven its ability to sustain and grow in value over time.Liquidity in the sector often circulates from one project to another, which leads some assets to remain illiquid in the sense that they cannot be sold easily when desired.
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