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Topic: Are you still on NFT's? - page 2. (Read 798 times)

full member
Activity: 896
Merit: 100
$CYBERCASH METAVERSE
August 27, 2021, 01:50:00 PM
#78
Art NFT’s gonna tank when the real use cases for NFT’s start rolling out. They are so much NFTs sold this years. But for me There's a lot of gas and mint fees in selling NFTs, and you also need strong social media presence to sell your NFTs or your NFTs will end up lost in the crowd.
member
Activity: 280
Merit: 11
August 27, 2021, 01:44:22 PM
#77
Now again NFT market is hot, many people are buying NFTs at high prices, and many people are getting profit from NFTs coins. This is again the trend of NFT. My Favourite NFT and gaming projects are Axie infinity, Vulcan Forged, Citizen Finance and Mixmarvel(Dehero). You should check them.
member
Activity: 164
Merit: 11
August 27, 2021, 01:39:58 PM
#76
yeah man because you can see NFT is going famous day by day now you can buy cricket football ticket from NFTand also you can buy WWE ticket I suggest you should also make investment in NFT
newbie
Activity: 49
Merit: 0
August 27, 2021, 12:03:11 PM
#75
I have read the news that NFT Sales Slump by 90% sales this month, Over these previous months it's been declining, Is this a sign that it's already dying? or it's just a method to gain and become durable and scalable for the long term? What do you think?

Your speculation of the slump is partially true but not entirely. Just as different coins have different result peculiar to each projects, so does NFTs. NFTs arent tied to a specific project hence the experience of one project can't be used to judge another. In for instance Seascape Network - a gaming platform built around the DeFi and NFT economy, a partnership was established with Binance to bring to individuals limited version of an exclusive NFT of high value. This is same for other solid projects. In a nut shell, what I mean is generalisation doest work in the NFT or blockchain economy. Its always best to deal with each project separately.
full member
Activity: 686
Merit: 103
www.fintropy.io
August 27, 2021, 11:45:16 AM
#74
I have read the news that NFT Sales Slump by 90% sales this month, Over these previous months it's been declining, Is this a sign that it's already dying? or it's just a method to gain and become durable and scalable for the long term? What do you think?

The hype definitely hasn’t been over yet. The other day it was a new record of trading volume on OpenSea. If we are taking in consideration NFT-gaming, I still see many interested players, new projects. So I still invest in native tokens of NFT-games. Also I hope that NFT will not run to be perceived by us as an entertainment soon, as they can be used in many spheres of business.
jr. member
Activity: 322
Merit: 1
August 27, 2021, 04:13:32 AM
#73
NFT games are part of crypto currency market and blockchain technology, government nor country cannot ban that because it is a decentralized platform that no one can touch it. If you are referring to Axie Infinity, definitely BIR or SEC can't tax people who were playing or breeders directly, they have to conduct first a crypto regulations before imposing such scoundrel imposition.
newbie
Activity: 28
Merit: 1
August 27, 2021, 03:47:38 AM
#72
Sure, why not? The NFT is actively developing. For example FTX Wallet adds support for BUSD, BNB and launches NFT sports platform
FTX is merging with Binance, so I think now is a good time to follow the development of NFT. I leave below a link to an article where I read this https://blockster.com/blockdesk/1418_ftx-wallet-adds-support-for-busd-bnb-and-launching-nft-sports-platform
full member
Activity: 862
Merit: 100
August 05, 2021, 12:19:40 AM
#71
I have read the news that NFT Sales Slump by 90% sales this month, Over these previous months it's been declining, Is this a sign that it's already dying? or it's just a method to gain and become durable and scalable for the long term? What do you think?

It was a big hype around digital art, but every trend must end one day. And after it, trendy things will either die or change and become more useful. What comes to NFTs, the hype is not over yet. NFT gaming is still popular. Talking about their future, I think that Non-fungible tokens will not die, they will find their usage in other spheres like means to store and transfer information.
sr. member
Activity: 1960
Merit: 273
★Bitvest.io★ Play Plinko or Invest!
August 03, 2021, 10:59:03 PM
#70
It seems that all industries will explore NFC technology in the future, one of the successful industries in the NFT world is the gaming industry, and a lot of NFT games have sprung up with the p2e concept, besides playing game players can earn income.
Yes NFT is a currency that is likely to rise in the industry in the future even if the price of this currency goes down due to bad market conditions, it will not die invest and hold on its price will rise again we have to wait patiently for this its statistics are increasing.
I don't think NFT is a currency. this is a digital asset that you can keep or sell on terms that will be agreed upon.
Currently, the development of NFT is extraordinary. they can reach the dominant market. more and more exchanges trading NFT. and new projects are also popping up. this is another crypto-asset trading trend.
legendary
Activity: 3010
Merit: 1028
Leading Crypto Sports Betting & Casino Platform
August 03, 2021, 10:00:39 PM
#69
It seems that all industries will explore NFC technology in the future, one of the successful industries in the NFT world is the gaming industry, and a lot of NFT games have sprung up with the p2e concept, besides playing game players can earn income.
Most of newer games project that starting up with the idea of adopting nft always adopt play to earn model, although how long this system could make the game alive still untested it is still by far the most widely adopted model for nft games. until developers with their innovation find a game model that's better than play to earn model, then the newer games will always adopt that model i think.
sr. member
Activity: 1414
Merit: 326
August 03, 2021, 09:53:44 PM
#68
It seems that all industries will explore NFC technology in the future, one of the successful industries in the NFT world is the gaming industry, and a lot of NFT games have sprung up with the p2e concept, besides playing game players can earn income.
Yes NFT is a currency that is likely to rise in the industry in the future even if the price of this currency goes down due to bad market conditions, it will not die invest and hold on its price will rise again we have to wait patiently for this its statistics are increasing.
sr. member
Activity: 1022
Merit: 252
August 03, 2021, 08:41:49 PM
#67
I have read the news that NFT Sales Slump by 90% sales this month, Over these previous months it's been declining, Is this a sign that it's already dying? or it's just a method to gain and become durable and scalable for the long term? What do you think?

Before crash was not NFT system fault it's just the project itself, lately we know NFT used by axie infinity game gaining a lot of growth in a short time, which means NFT is still great and this kind of system is good for cryptocurrency ecosystem. I'm sure NFT will still used by many cryptocurrency system till next year or more.
sr. member
Activity: 896
Merit: 250
August 03, 2021, 08:21:59 PM
#66
The weakening of the percentage value of NTF sales was caused by several things this month so that NTF began to lose interest so that it became less interested in the NTF investment sales market and it will not end or die in the NTF sales market in the cryptocurrency world and Hopefully next month everything will improve in value NTF price
full member
Activity: 588
Merit: 103
August 03, 2021, 06:27:34 PM
#65
It seems that all industries will explore NFC technology in the future, one of the successful industries in the NFT world is the gaming industry, and a lot of NFT games have sprung up with the p2e concept, besides playing game players can earn income.
sr. member
Activity: 2436
Merit: 343
August 03, 2021, 06:21:46 PM
#64
NFTs have a very good concept, but i think a lot of projects are going too far with creating their NFTs and just riding the hype wave for quick money. If we are yo be realistic, a big percentage of NFT projects will fail and those that are most likely to fail are the gaming NFT projects because the value of the NFT is often decided by the community of the gaming project.
While gaming is a very huge industry world wide, there are only a few successful blockchain based gaming platforms

It could create some hypes but I don't think that they will be able to survive and neither sees its potential to keep it long but possibly a sinking project like ICO. I truly appreciate such magical creation and digitalization adoption but honestly, I'm still not a fan of NFT's, I'm still looking into the real ones.

Well, we can't deny that some NFT games like Axie infinity, Diablo are also spreading out and become known but the question is how long they could survive? I'm afraid it will just vanish after their short prime and another set of projects comes.
member
Activity: 854
Merit: 21
August 03, 2021, 06:01:23 PM
#63
NFTs have a very good concept, but i think a lot of projects are going too far with creating their NFTs and just riding the hype wave for quick money. If we are yo be realistic, a big percentage of NFT projects will fail and those that are most likely to fail are the gaming NFT projects because the value of the NFT is often decided by the community of the gaming project.
While gaming is a very huge industry world wide, there are only a few successful blockchain based gaming platforms

The NFTs that i believe will see huge success are those that are connected to cryptocurrency exchanges where NFTs represent a true value of the liquidity that a user provides on the platform
hero member
Activity: 2576
Merit: 579
August 03, 2021, 03:51:15 PM
#62
I'm into football NFTs now
I think some clubs supporting crypto for a reason
NFT will be so popular and I'm into RealFevr
NFT moments are dope
Such reasons also cannot be used as a reference, because no one will know how the condition of NFT will be in the future even though at this time the development and trend of NFT itself is still very good.
hero member
Activity: 1778
Merit: 709
[Nope]No hype delivers more than hope
August 03, 2021, 03:43:03 PM
#61
I think maybe a lot of traders are waiting for something new in this section. Itt seems that now many games are NFT-based and can produce. One of them is Axie Infinity. This is NFT as well as game. So far that's what i see. And I feel that many traders around the world are waiting for something new or further development for NFT.

Sometimes I feel confused by NFT products that are so expensive. Let's say axie infinite which is currently the most popular NFT in the gaming category. I see it's just a game for children under 10 years old, with graphics quality that I think is subpar even more fun to play Nintendo games which have a wider variety of games. Totally against the mainstream games like PUBG, FF, etc. which require expensive development in terms of architecture.

Is there an explanation in terms of what collectors consider this kind of product to be worthy of being a collectible item?
sr. member
Activity: 1204
Merit: 253
Undeads.com - P2E Runner Game
August 03, 2021, 03:04:04 PM
#60
I think maybe a lot of traders are waiting for something new in this section. Itt seems that now many games are NFT-based and can produce. One of them is Axie Infinity. This is NFT as well as game. So far that's what i see. And I feel that many traders around the world are waiting for something new or further development for NFT.
full member
Activity: 812
Merit: 120
https://combonetwork.io/
August 03, 2021, 02:56:40 PM
#59
I have read the news that NFT Sales Slump by 90% sales this month, Over these previous months it's been declining, Is this a sign that it's already dying? or it's just a method to gain and become durable and scalable for the long term? What do you think?
It's not dying. NFT has long been traded by artists and bought by collectors to this day. The NFT market will still exist even if sales decline. Art has always been an exciting market, and now that it's more accessible, there are thousands of people involved. This has led to some intense bidding wars and odd sales, which could be interesting to watch.
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