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74% of survey participants say they buy NFTs for status Accor | NFT gems

74% of survey participants say they buy NFTs for status

According to metaverse platform, Metajuice, almost three out of four of the nonfungible token (NFT) collectors on its platform purchase NFTs for status, uniqueness and aesthetics. While current NFT sales are not as high as during the peak in 2021, the space still holds on. In an announcement sent to Cointelegraph, Metajuice highlighted that their team surveyed over 6,000 NFT users to discover the motivations behind NFT purchases. The survey results showed that among the reasons laid out by the researchers, standing out and wearing the NFTs as their avatar were the top reasons for NFT purchases. In addition, 74% of the respondents highlighted that they are interested in NFTs for the status that they give. On the other hand, 13% percent of the survey participants said that they are buying NFTs to resell them in the future.

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