NFT Resales: How Secondary Markets Work and Why They Matter

When you buy an NFT, you’re not just owning a digital image—you’re entering a NFT resales, the process of buying and selling NFTs after their initial mint, often on decentralized marketplaces like OpenSea or Blur. Also known as NFT secondary market, it’s where most of the real money moves, and where most buyers lose it. Unlike stocks or traditional art, NFTs don’t have centralized pricing. Their value is decided by what someone else is willing to pay right now—today’s floor price could be tomorrow’s trash.

Behind every NFT resale is a system built on NFT royalties, a percentage paid to the original creator every time the NFT changes hands. Also known as creator fees, these are meant to keep artists earning long after the first sale. But here’s the catch: many buyers ignore them, and some marketplaces have started letting sellers disable royalties entirely. That means your favorite artist might get nothing when you flip their work. Then there’s the NFT floor price, the lowest price at which any NFT from a collection is currently listed for sale. Also known as collection baseline, it’s the first thing traders check before jumping in. A dropping floor price doesn’t mean the art is bad—it means trust is leaving the project. And once that happens, resales dry up fast. NFT resales aren’t about holding. They’re about timing, hype, and knowing when to bail. Most people think they’re investing. They’re actually gambling on someone else’s FOMO.

What you’ll find below isn’t a list of top NFTs to buy. It’s a collection of real stories—how a single resale cracked open a scam, how royalties vanished overnight, how a $20 NFT became a $20,000 mistake. These aren’t predictions. They’re post-mortems. If you’ve ever wondered why your NFT won’t sell, or why someone else cashed out while you’re still holding—this is where the answers live.