Are mint numbers really worthy?

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I have seen this a couple of times. People talk a lot about mint numbers on WAX. The NFT assets having lower mint numbers have a higher value compared to that of recent mint numbers which are very huge. For some reason people consider lower mint numbers to be precious. I don't know if that is for pride or not but I find it a little difficult to understand why it is precious. People maybe see those NFTs as precious assets because they were minted during the initial days of the game.

I have had a few people reaching out to me in DM asking for lower mint number assets. I was initially thinking that this was the case only on the WAX blockchain but there are people who do this on Hive as well. That is when I realized that this is one way to add value to the NFTs apart from their regular market price. People want to hold or add lower mint number NFTs to their collectibles. On the Hive engine, NFTs comes with an ID number which helps in understanding if the NFT has an old mint number or a new mint number.

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I also found that one of the NFTs issued by DCity during the early days had some spelling mistakes. It was never corrected because it was not considered important but someone bought that NFT for a higher price when it was offered for the sale considering the fact that even though it is the same NFT but it is unique because of the spelling mistake it had. I don't know how others see this but I personally see this to be unusual behavior. This makes me feel that anything can be made precious in the gaming world and digital world. I have heard stories about how the character dress and vests in the Ragnarok game get sold for millions.

Before starting my journey on Steem Hive, I used to play Dota 2 and I have seen this behavior there too. Some limited and rare items get sold for an insane amount of price. But the sad thing is that people cannot withdraw the money accumulated from selling. There are still ways where people do P2P transfers. I guess Steam then started restricting that too. But yeah assets can be of great value even if it is just fluffy digital assets.

Even though we don't have the concept of mint numbers on Splinterlands, there is still the concept of precious things in Splinterlands too. But yeah they have a collection on WAX for their assets and probably people can make the mint numbers precious over there. I have received offers for my Rising Star assets from some people. They have asked me to sell Rising Star assets for a better price than the market just because it had a lower mint number. I did not take up that offer because even I was confused if in the future the mint numbers would have a better value. I decided to keep it for myself. But maybe in the future if the offer is huge, I might take it.

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Yes, no one knows what's next for the NFT market as a whole. Maybe one in a million NFT issues will reach a really huge price, who knows? I've given up trying to guess that. The likelihood of hitting is very slim, so I'm only holding on to the specimens I like or profit from right now...
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Very interesting topic, I didn't know that ppl look at mint numbers even in Rising Star

!1UP

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There is probably an economic model around mint number that you don’t know about. It even exist in Splinterlands. Earlier assets cost much more than the newer release versions . Check the price difference between Alpha and beta packs

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Lowe mint number is precious for buying NFT!

I have very less knowledge about it. If it means number of coins made initially and the numbers are Less, its price will go higer soon as the demand increases.

Rare items in game are sold in higer price something such as old coins.😀😀

I think you took right decision by not selling your investment in game.I think Rising star gonna rise more.🤠🤠

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Usually the people who buy these types of NFTs are collectors, and most of the time the #1 mint NFTs are the ones people want more, because people consider them to be more valuable. It's just a matter of the value that people put on an object, like baseball cards, it's exactly the same.

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I don't think people care about mint numbers as much as they did at the height of the hype. That is cool that you have people reaching out to you though. I have a #1 mint mythic land in R-Planet and I was thinking I might get some decent money for it. That isn't the case now. It is funny because some projects like the purely artistic ones people care about mint number and the more utilitarian ones they don't. I think it all goes back to physical collectables and the desire to have first mints of those.

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How many times I thought to introduce a NFT game or etc. But every time I feel whatever we mint, it should have a true value/asset. So no matter the mint number, the asset we buy should have a true value.

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Same here. I have also thought about introducing games but tokenomics is where I get stuck.

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I don't think the mint number is really that important but some people do. I think an NFT is an NFT and in games like Splinterlands, the card will be the same regardless.

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I am not into NFT except if it has utility that I value - like in games.
Speaking of RisingStar game assets, I often see cards with lower mint numbers being sold at higher value than those that has higher mint numbers. For me, I mostly collect those that give me the high number of fans for the least amount of Starbits - regardless of their mint numbers.

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