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HomeBusinessWhat are NFT mystery boxes, and how do they work? By Cointelegraph

What are NFT mystery boxes, and how do they work? By Cointelegraph

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The risks of NFT mystery boxes include uncertain value, the potential for counterfeit or low-quality NFTs, market volatility, scams, and a lack of control and transparency.

Uncertainty over the value of the contents is the primary risk connected to NFT mystery boxes. That said, there is a possibility that the contents of the box may not live up to expectations or have the desired value.

Purchase

Randomized contents

Opening the box

Revealing the box

Value and rarity

Ownership and usage

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