NFT Mystery Boxes: What Are They & Are They Worth It?

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The most straightforward way to invest in NFTs is to buy or sell them directly on the marketplace. However, it’s not the only way NFTs can be distributed and one method that you can get NFTs is from NFT mystery boxes or NFT blind boxes. You probably have heard of trading cards where you buy card packs and open them to receive random cards. NFT Mystery Box works in a similar way and we’ll help you learn more about them in this article.

What is a Mystery Box?

In the most literal sense, a mystery box is a box that contains something and you don’t know what’s inside, hence the “mystery”. In a broader sense, it can be any container that holds something you won’t know until it’s opened. A fortune cookie, for example, can be considered a mystery box.

So now that you know what a mystery box is, you may wonder why it is a thing. The answer comes from the psychological reaction of a human. We fear the unknown but at the same time intrigued by it. Wanting to discover what you don’t know, and the sense of satisfaction once you’ve done so are the reason why people buy these mystery boxes. Not to mention, mystery boxes are not completely unknown, you usually are told what you can receive which makes them even more exciting to open.

What is an NFT Mystery Box?

NFTs or non-fungible tokens have been one of the hottest things in crypto recently. They’re unique cryptographic tokens that exist on a blockchain and can be used to store digital assets like images, audio, video, etc. If you want to know more about NFTs you can check out this article.

An NFT Mystery Box is quite self-explanatory, it’s a mystery box in which the content is an NFT. The reason why many projects sell their NFTs through mystery boxes is just as we mentioned above, the feeling of getting something new and unique helps attract buyers. These boxes also double as a medium to improve sales distribution, worldwide recognition for creators’ portfolios, and a mechanism for collectors to open and find unique and prospective ultra-special digital assets.

What is in an NFT Mystery Box?

An NFT Mystery Box contains an NFT. What kind of NFT will depend on the platform and the distributor of the mystery box. That being said, the most common form of NFT right now is digital artwork so you will most likely receive an artwork NFT that belongs to an NFT collection.

These NFTs can be used as collectibles to invest in and projects like KALA Network also bring benefits to NFT owners with many utility functions on the KALA Social platform. Learn more about KALA PEN NFTs in this article.

Are NFT Mystery Boxes worth it?

While we talk about the feeling to open something unknown, it’s also the fact that you may get something that is worth way more than you paid for since all mystery boxes from the same collection should cost the same. The opposite is also true so it’s up to you to decide if they’re worth the investment. It’s not as bad as buying lottery tickets but you should always manage your expectation when opening these mystery boxes.

Where can you get NFT Mystery Boxes?

Like NFTs themselves, NFT Mystery Boxes are on sale on numerous NFT marketplaces like Opensea, SuperRare, and Rarible. Of course, you must set up a crypto wallet that supports NFTs and the blockchain network on which the NFTs mystery boxes of your choice operate.

Conclusion

All in all, NFT Mystery Boxes have become a way for brands to distribute and monetize their NFTs. They’re addictive, fun and is a good way to draw the attention of enthusiasts and non-enthusiasts alike into NFTs and crypto as a whole.

And as always, whether you decide to try your luck with NFT Mystery Boxes or just want to outright buy your wanted NFTs, make sure to spend only what you can afford to lose and do some research on whichever NFT collection you’re interested in.

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