Unique risks
The risk of Tasty Bones is the same as investing in NFTs from any other collection. NFTs don't generate income, and their value typically isn't tied to factors you can quantify. Prices tend to be based on buyer demand, so you're relying on the whims of the market.
Tasty Bones XYZ is still one of the smaller NFT collections, which has its pros and cons. You can buy a Tasty Bones NFT for far less than what you'd pay for any of the most famous NFTs. If Tasty Bones takes off, people who got in early will likely make money.
That's a big "if," though. If there's a way to predict which NFT collections will be successful, no one I know has found it. Selling NFTs at a profit often comes down to luck, making it closer to gambling than investing.
Is Tasty Bones XYZ a good investment?
Tasty Bones XYZ isn't a good investment. Like the overall NFT market, it's too risky and unpredictable to recommend.
There are things to like about Tasty Bones. It has an interesting art style, the team behind it at least put some thought into the backstory, and it has an interactive element. There are also plenty of Tasty Bones NFTs available for far less than $500 as of June 2022, so they're not ultra-expensive.
But none of those are indicators that Tasty Bones prices will increase. So far, returns have been hit or miss, which you can see by checking the sales history of these NFTs. Some sellers made a profit, while others sold at a fraction of what they originally paid.
Tasty Bones NFTs are only worth buying if you like the concept and are interested in them for entertainment purposes. If you want to make money, there are much better investments out there.
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