Author

Topic: Are you still on NFT's? (Read 769 times)

full member
Activity: 524
Merit: 100
September 29, 2021, 02:37:48 PM
#98
If we look at the volume of NFT,s coins it looks NFT's hype is still on-trend. As we all know that many of us are now interested in Gaming. So I think this trend will last for a long time. Let's hope good for market.
full member
Activity: 1708
Merit: 126
September 29, 2021, 12:39:08 PM
#97
Still using it. It seems like the NFT trend can still be a good concept for crypto to grow. It is usually popular in the field of games. I've also always looked at NFT projects. They usually look serious in developing their projects.

NFT games are still on hype so I'm still on it and just taking the opportunity to gain a good profit through it. There are lots of good and potential NFTs these days but we also have to check their potential in the long term run. Lots of NFT games are on-trend yet some of them don't succeed so we still have to be skeptical.
sr. member
Activity: 1890
Merit: 256
Vave.com - Crypto Casino
September 29, 2021, 11:50:55 AM
#96
NFT has been a favorite concept until now. It is also beginning to expand into the gaming industry. Connect the crypto and gaming industries. Both industries have almost as large communities. This makes the concept of NFT very difficult to just disappear. There is always a trend with NFT.
sr. member
Activity: 2198
Merit: 273
DGbet.fun - Crypto Sportsbook
September 29, 2021, 11:23:18 AM
#95
Still using it. It seems like the NFT trend can still be a good concept for crypto to grow. It is usually popular in the field of games. I've also always looked at NFT projects. They usually look serious in developing their projects.
sr. member
Activity: 1988
Merit: 283
September 29, 2021, 11:17:29 AM
#94
I don't think it's an indicator that NFT is going to die, but the hype is dropping a bit. In fact, the potential of NFT is still there and the uniqueness of each NFT that each person has is different, when someone uploads an NFT into the blockchain, it has a uniqueness where there will be a kind of watermark and cannot be changed. , the metadata embedded in every NFT is truly a hallmark and an art in NFT, NFT is just resting, it's not dead and I'm sure of it.
its funny to think that when there's a fluctuation in the market some investors always shaking and getting scared of the situation.. Lol even we all know its part of the performance and nft project is very trending so it will never end like that.. Well i hope OP didn't sell off his token, because NFT'S right now is really bumping in the market despite of the current situation..
legendary
Activity: 2324
Merit: 1603
hmph..
September 29, 2021, 09:51:43 AM
#93
I don't think it's an indicator that NFT is going to die, but the hype is dropping a bit. In fact, the potential of NFT is still there and the uniqueness of each NFT that each person has is different, when someone uploads an NFT into the blockchain, it has a uniqueness where there will be a kind of watermark and cannot be changed. , the metadata embedded in every NFT is truly a hallmark and an art in NFT, NFT is just resting, it's not dead and I'm sure of it.

The NFT hype may be over, now leaving a really serious project to develop NFT also for token development and their business. However, for Non-tokenized NFT, such as NFT art, the creator will still exist, unlike NFT memes which in the end will have no value. It is up to us as users to see an opportunity to find the value of the NFT that we are going to buy. It is highly recommended not to buy NFT just because of the hype, but look to the future for its value. Because the value will not be gone, but, time will make the value of that NFT more higher.
full member
Activity: 778
Merit: 100
SmartFi - EARN, LEND & TRADE
September 29, 2021, 09:44:44 AM
#92
I don't think it's an indicator that NFT is going to die, but the hype is dropping a bit. In fact, the potential of NFT is still there and the uniqueness of each NFT that each person has is different, when someone uploads an NFT into the blockchain, it has a uniqueness where there will be a kind of watermark and cannot be changed. , the metadata embedded in every NFT is truly a hallmark and an art in NFT, NFT is just resting, it's not dead and I'm sure of it.
hero member
Activity: 1316
Merit: 561
Leading Crypto Sports Betting & Casino Platform
August 28, 2021, 05:09:29 AM
#91
I'm still into NFTs, although I have to admit that the fees are rather infuriating at times and is definitely not helping NFT sales at all. Been collecting for a few months now and I can say that I got in after the hype kind of went down and prices somehow normalized. There are awesome NFT projects out there that provide value that is not like the other, and all you have to do is to find what matches your taste and what suits your budget. I'm into gaming NFTs and looking seriously on art NFTs, though the latter I'm still undecided about given the amount of art NFTs flooding the scene and the hype around them is still kinda high.
Try to determine the value of a piece of art by its artist, its concept and overall, not just by the price. The current hype is not over yet and I am seeing a lot of absurd NFTs are bought with an insane price. Unless you are trying to make money by trading those assets, avoid holding any worthless or meme NFTs.

Personally, I have several gaming NFTs and I will sell them once they have better liquidity. Gaming and NFTs are controlling the previous and the current bull run so you guys should better take profit before everything end up in trash
sr. member
Activity: 1344
Merit: 250
August 28, 2021, 04:50:12 AM
#90
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?
NFT is no longer very attractive, many choose to sell it because most investors are only looking for profit, while if they have already made a profit, selling it is definitely the right decision many investors believe that in the future it will be expensive, at one time it will cause a high increase in the NFT project.
member
Activity: 518
Merit: 11
HODL
August 28, 2021, 12:49:36 AM
#89
I believe in the development of the NFT market segment in the future, it is still popular at present but NFT has not really been widely applied in reality, Footwear, fashion, art, Game will be digital.  future NFTs.  As NFT becomes more widely known globally, that is a good profit market share even now.  If you are willing to trust this trend, why not play with NFT
hero member
Activity: 986
Merit: 516
August 28, 2021, 12:35:56 AM
#88
Personally not yet bought any NFT. There is hype ongoing. Most of the rich people buying NFT and selling with a good profit. To buy sell NFT people spending a lot of Ges right now. According to Ethrescan OpenSea is the top 1 Gas guzzler right now. So this is the year of NFT. Social media posts are full of NFT. Today morning I have seen a man-made 55 Ethereum profit by selling an NFT. so it's the season of NFT. I miss the train already.
member
Activity: 744
Merit: 10
Syntrum.com
August 27, 2021, 10:34:58 PM
#87
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?

Gamefi, I think the current trend is NFT that can be used for Games, I don't see a big decline in NFT, because currently gaming platforms are trying to take advantage of the Hype situation of NFT to make game characters and users can play Games by collecting NFT that has been provided by platforms like Axie, as I know recently visa bought CryptoPunk NFT for $150,000 and many other collectors are buying NFT but we can't track it https://www.google.com/amp/s/finance.yahoo.com/amphtml/news/visa-buys-cryptopunk-nft-150-113605249.html
member
Activity: 1540
Merit: 22
August 27, 2021, 10:16:30 PM
#86
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?

Looking at the development of NFT, I believe 2021 will be the year of the NFT market, a small example in the field of football where Dynamo Kiev, a very famous football club in Ukraine, will become the first football club in the world to sell match tickets on the NFT market Binance https http://finance.yahoo.com/news/dynamo-kiev-set-sell-nft-132000590.html and follow Portugal national team https://cointelegraph.com/news/portuguese-national-football-team-launch-fan -token-with-socios and ebay don't want to be left behind either
https://cointelegraph.com/news/online-marketplace-ebay-now-allows-nft-sales

From the three news sources, I believe the world of NFT will change, the golden era of NFT will begin, start learning NFT from now on.
sr. member
Activity: 1148
Merit: 252
August 27, 2021, 09:40:33 PM
#85
I just a video game thayt players can earn NFT tokens and somehow get a lot of interest in playing while earning. The NFT token was axie. I thougt it was some kind of joke literally players earn to it. Somehow if one try to join in the game then at least player must have bought NFT tokens and this is why they got a good market for their tokens because many are wanting to earn at the same time playing in a game. However, as the other user that says that the game will becoming boring as the time you played more.

I saw that axie is always changing the playstyle and changing the way how the people could earn money from it.
This is quite bothering me and make me worried that one day the system will inflict a bad experience to the user more over from the earning system.
So i started to try more NFT games right now to find out which fit the best for me
newbie
Activity: 22
Merit: 5
August 27, 2021, 09:37:42 PM
#84
I just a video game thayt players can earn NFT tokens and somehow get a lot of interest in playing while earning. The NFT token was axie. I thougt it was some kind of joke literally players earn to it. Somehow if one try to join in the game then at least player must have bought NFT tokens and this is why they got a good market for their tokens because many are wanting to earn at the same time playing in a game. However, as the other user that says that the game will becoming boring as the time you played more.
hero member
Activity: 2366
Merit: 504
August 27, 2021, 09:14:17 PM
#83
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.
It seems more and more big companies also interested in NFT and I think NFT will contribute to charity and donation in the future if it can be taken advantage.
NFT is not a currency, as I understand NFT is a token that's unique to each other and it's like having a unique art or item. In the future maybe we can find more usage of NFT and it will become huge. Right now it's very popular and already making people interested mainly artists that can make NFT for their arts.
jr. member
Activity: 238
Merit: 2
August 27, 2021, 08:43:17 PM
#82
I will still on NFT if I still earn with it. For me its just like the coin in the market some time it fall and some time it goes up depend on hype and trending of the game. I will still looking for the new NFT games because I really trust this kind of platform when it comes to crypto earnings I still believe in its potential to get higher profit not today but it will take time just like axie.
jr. member
Activity: 322
Merit: 1
August 27, 2021, 08:15:55 PM
#81
I have been in cryptos for 1 year but still, I don't have much knowledge about the NFTs but today I found your post full of knowledge about the NFTs. It is quite helpful to those who don't have much idea about the NFTs. Very thankful post.
jr. member
Activity: 296
Merit: 1
August 27, 2021, 03:39:05 PM
#80
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?
NFT no dying, it seems that the NFT trend can last a long time, even today 40% portfolios I have are from NFT. not only that because I also have several collections of NFT, who knows, it could have a high selling value in the future.
legendary
Activity: 3542
Merit: 1352
Cashback 15%
August 27, 2021, 03:14:31 PM
#79
I'm still into NFTs, although I have to admit that the fees are rather infuriating at times and is definitely not helping NFT sales at all. Been collecting for a few months now and I can say that I got in after the hype kind of went down and prices somehow normalized. There are awesome NFT projects out there that provide value that is not like the other, and all you have to do is to find what matches your taste and what suits your budget. I'm into gaming NFTs and looking seriously on art NFTs, though the latter I'm still undecided about given the amount of art NFTs flooding the scene and the hype around them is still kinda high.
full member
Activity: 896
Merit: 100
$CYBERCASH METAVERSE
August 27, 2021, 02:50:00 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, 02:44:22 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, 02:39:58 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, 01:03:11 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, 12:45:16 PM
#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, 05:13:32 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, 04:47:38 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, 01:19:40 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, 11:59:03 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, 11:00:39 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, 10:53:44 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, 09:41:49 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: 840
Merit: 250
August 03, 2021, 09:21:59 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, 07:27:34 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, 07:21:46 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, 07:01:23 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, 04:51:15 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: 1764
Merit: 696
[Nope]No hype delivers more than hope
August 03, 2021, 04:43:03 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, 04:04:04 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, 03:56:40 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.
jr. member
Activity: 168
Merit: 1
August 03, 2021, 03:29:30 PM
#58
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
hero member
Activity: 2884
Merit: 794
I am terrible at Fantasy Football!!!
June 10, 2021, 02:07:41 PM
#57
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?
Most NFTs were nothing but a scam, I could understand the concept of a NFT if it actually gave you physical possession of a digital good and you gained it all the rights that it came from ownership of a product, in this case an NFT could make sense, but when you gain nothing out of it  and the original owner still keeps all the rights then it was obvious that this could not continue for long and people will eventual wake up to the fact they were scammed.
legendary
Activity: 2492
Merit: 1145
Enterapp Pre-Sale Live - bit.ly/3UrMCWI
June 10, 2021, 11:48:44 AM
#56
Binance has teased first information about its NFT market: http://featured.market/. IMO, CZ and Bianace will trigger the hype on NFT. Not sure if it can last long and achieve as much as DeFi trend but at least it will complete Binance Smart Chain ecosystem. Other platform like Polygon, Solana, Fantom...will definitely grow their owns NFT markets. This will somehow make the market noisier than now.
binance always doesn't want to be left behind with the impending momentum in the market. binance knows what the future holds for NFT. and we also know how nowadays there are more and more new NFT projects on the market as you mentioned.
NFT is not ending, it is currently starting the beginning of their momentum.
Yes, Binance surely doesn't want to miss the trend of NFT. It is pretty expected that Binance will make its own marketplace, It would be wonderful if all of the networks will be accepted on Binance NFT marketplace. NFT's is still on the trend, New NFT's are being launched every day and some projects are using Non-fungible tokens to their projects. NFT gaming is still blooming and I can see it is not the end yet.
legendary
Activity: 2562
Merit: 3477
June 10, 2021, 11:25:19 AM
#55
Nobody needs NTF. These are just pictures and videos that nobody needs. They can be churned out in the millions. Very few artists actually make money on NTF. Most generally buy these NTFs from themselves from other addresses. Or they buy from each other. Thus, it seems that NTF is in demand.
  NTFs are of value only to a few high-profile artists.
sr. member
Activity: 1372
Merit: 250
Seabet.io | Crypto-Casino
June 10, 2021, 11:04:54 AM
#54
Binance has teased first information about its NFT market: http://featured.market/. IMO, CZ and Bianace will trigger the hype on NFT. Not sure if it can last long and achieve as much as DeFi trend but at least it will complete Binance Smart Chain ecosystem. Other platform like Polygon, Solana, Fantom...will definitely grow their owns NFT markets. This will somehow make the market noisier than now.
binance always doesn't want to be left behind with the impending momentum in the market. binance knows what the future holds for NFT. and we also know how nowadays there are more and more new NFT projects on the market as you mentioned.
NFT is not ending, it is currently starting the beginning of their momentum.
hero member
Activity: 1792
Merit: 536
Leading Crypto Sports Betting & Casino Platform
June 10, 2021, 10:59:52 AM
#53
It will be interesting to watch when Binance opens its platform for trading NFT, perhaps this will cause a new surge of interest in this phenomenon,I generally do not buy these nft ,as I worry that they will quickly devalue.
now everyone is afraid to buy something in this format. All because they are afraid that Bitcoin will down and the NFT itself will depreciate, and I understand these people. Now only very rich people can afford to buy nft.

Well, we just have to invest what is left for us. I mean there might be NFT's out there that can be bought cheaply like a few dollars. But I am the type who wants to find very very cheap ones like you can buy 50 to 100 units of NFT's for a price of a dollar. But of course that might not be possible because the cheaper it is, then the quality of the NFT might be very low, or possibly a cheap drawing or cheap looking digital piece of art. Anyway, I think you right to say that it is currently a rich man's playground.
member
Activity: 120
Merit: 38
June 10, 2021, 10:56:06 AM
#52
Binance has teased first information about its NFT market: http://featured.market/. IMO, CZ and Bianace will trigger the hype on NFT. Not sure if it can last long and achieve as much as DeFi trend but at least it will complete Binance Smart Chain ecosystem. Other platform like Polygon, Solana, Fantom...will definitely grow their owns NFT markets. This will somehow make the market noisier than now.
sr. member
Activity: 1176
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June 10, 2021, 10:24:59 AM
#51
It will be interesting to watch when Binance opens its platform for trading NFT, perhaps this will cause a new surge of interest in this phenomenon,I generally do not buy these nft ,as I worry that they will quickly devalue.
now everyone is afraid to buy something in this format. All because they are afraid that Bitcoin will down and the NFT itself will depreciate, and I understand these people. Now only very rich people can afford to buy nft.
hero member
Activity: 2912
Merit: 642
June 10, 2021, 10:20:28 AM
#50
We've been here before. Everything has its cool down.
Hype is over but it will remain just like any projects that were made with different names on different platforms.
I believe there are NFT projects that can survive the wild economy of the crypto industry.

Sports cards NFT's will have the best reason to stay for the reason of keeping it mint without the need for a physical form.
I had collected NBA cards before and now I can own them without going to a physical store. It's still fun being a collector in a different way.
sr. member
Activity: 631
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June 10, 2021, 10:11:13 AM
#49
Every investment specially in this industry has their own good and bad times. NFTs aren't any different. Which is why I am pretty sure that good times are bound to come sooner or later. And besides, for a gamer like me who likes crypto related games specially ones that fuse both defi and NF, NFT will always be a good thing. Just think about how big the gaming industry is. I personally think that in the coming months we will be able to witness more integration of the crypto and gaming industry happening under defi and NFT. That is why I suggest you to not count NFT out just yet.
member
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June 10, 2021, 09:31:04 AM
#48
Maybe at this time, many people are still focused on the market correction which is very volatile this week. I believe the NFT market will boom once the market conditions and conditions return to normal.
sr. member
Activity: 1386
Merit: 250
1XBit.com
June 10, 2021, 08:56:25 AM
#47
I think trend of NFT is just beginning, because in my country this still new thing and new business model. Some artist and content creator here just started to use this new technology to gain profit and benefits by selling their contents or artwork on the NFT platform. The tokens of NFT platform going down only triggered by Bitcoin dumped, and that not mean this kind of project is dying.
now the NFT hype has become a trend for those who want to sell their products in crypto but still like other cryptocurrencies, NFT uses blockchain technology, so the use of this technology allows someone to track the unique NFT code, and in my opinion basically bitcoin also has a strong influence on NFT price movements in the market because we can see how the majority of NFTs also experience a price decline when bitcoin crashes.
however, for those of us who want to buy NFT, we should remain careful because NFT is a completely illiquid asset, so anyone who buys NFT will not necessarily be able to resell it to someone else.
full member
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https://exip.live/
June 10, 2021, 07:15:22 AM
#46
I think trend of NFT is just beginning, because in my country this still new thing and new business model. Some artist and content creator here just started to use this new technology to gain profit and benefits by selling their contents or artwork on the NFT platform. The tokens of NFT platform going down only triggered by Bitcoin dumped, and that not mean this kind of project is dying.
sr. member
Activity: 1106
Merit: 310
June 09, 2021, 12:35:14 PM
#45
dying? if you check the market is down, that is why everything goes down, not to mention the people who panic and sold their coins nfts, because they thought bitcoin and coins are dying, this is the same old tactics for the price to go down, but at the end of the year the price rally back to its stable price, those who sold their coins, regrets it, look for good nft's not those who are just created in a day or so, check who is the best nft in the crypto market.
hero member
Activity: 1792
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Leading Crypto Sports Betting & Casino Platform
June 09, 2021, 11:22:30 AM
#44
I say this as someone who is interested with the concept of NFT's and yet have not invested in it yet due to lack of concrete research - I reject the idea that NFT's are dead. It should not die and it will not die. Just like modern art with the hundreds of thousands of painters nowadays and only a handful become famous in their own right. NFT's is a mix of finance with the arts. So I should say let us all wait for this correction to cease and we will be able to enter the NFT market and come out satisfied.
legendary
Activity: 3010
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Leading Crypto Sports Betting & Casino Platform
June 09, 2021, 11:12:11 AM
#43
it's just showing the real market demands nothing more and it doesn't seem to go away anytime soon, tbh, it's gonna grow steadily from now on.
as you know, there's always many hype that revolves around something that deemed revolutionary and NFT is one of them, but doesn't make it any less relevant as they have their own niche like gaming, etc. I'm expecting to see more and more implementation of NFT in the future tbh, like tokenized digital goods etc.
full member
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CLEARSIGHT- THE #1 BLOCKCHAIN JOB PLATFORM
June 09, 2021, 10:48:15 AM
#42
NFT is also a trend like DEFI, it is exaggerated by the community. The drop of the entire market causes most altcoins to drop in price so we don't need to worry too much. When the market bounces back, NFTs will soon return to their ATHs as the use case of NFTs is very wide right now. Newly born NFT projects also promise to bring newness to space.
NFTs are nothing like DeFi. DeFi is way more established and serious right now. The kinds of platforms that have developed and holding the value during the downtrend is remarkable.

Lot of NFTs were sold in the last months and the bullrun ensured the insane valuation. People are much more cautious now and it is very unlikely that they will regain those ATH. Well, those expensive NFTs can only be re-sold to another collector so i don't think it matters to the NFT-Holder.

The trend of NFT buzzword resulting in huge valuations as already died down. There isn't really any special use-case catered by them, except for collector value or purely as a creative curiosity.

NFT caters to collectors and that brings money to the crypto market. The world is having more money and people need to spend it to show their willingness to play. Previously they bought paintings, sculptures or diamonds... Now they pay attention to NFT and spend money to buy NFT. They will use their money to buy crypto and trade.
NFTs give the investor limitless enjoyment and valuation because they are unique works.
sr. member
Activity: 1246
Merit: 285
June 06, 2021, 06:59:05 PM
#41
The ups and downs within the market is just normal to happen in accordance to the mood and the behavior of the people who are doing purchases in the market. Currently here in my country, NFTs are into the uptrend which I can say that it is not dead for it continuously gaining popularity and as well as purchases from people. It is just normal that there will be a peak and downside season in the market which have different reasons why does it exist and happens.
and many artists who have many fans, attract the attention of their followers by publishing NFT for their work. this is good enough to attract the general public's attention to cryptocurrencies, moreover bitcoin was able to hit a new ATH a few months ago which is sure to attract the attention of more and more people. Despite the controversy over the usefulness of NFT, I am very interested in this unique crypto function.
and like most trends in cryptocurrencies there must be highs and lows, we must be able to adapt to any changes. don't have to follow all the trends, don't push yourself if you don't have an interest in it.
legendary
Activity: 2436
Merit: 1232
Leading Crypto Sports Betting & Casino Platform
June 06, 2021, 05:31:20 PM
#40
The ups and downs within the market is just normal to happen in accordance to the mood and the behavior of the people who are doing purchases in the market. Currently here in my country, NFTs are into the uptrend which I can say that it is not dead for it continuously gaining popularity and as well as purchases from people. It is just normal that there will be a peak and downside season in the market which have different reasons why does it exist and happens.
sr. member
Activity: 1512
Merit: 326
June 04, 2021, 07:29:32 PM
#39
There is always a financial trend in crypto. first Cloud Mining, then ICO, DEFI, NFT and now i guest Meme/Troll coin ? How long the trend lasts depends on the community itself.
For concern t in NFT I am not really into the NFT system because after trying several platforms just to register stuff ( some art ) it took several hundred dollars its just for register. and that there is no guarantee my stuff ( art ) will sell or get money back.
full member
Activity: 1638
Merit: 122
June 04, 2021, 03:33:26 PM
#38
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?
i havent been into nft ever since it came out but i witnessed everything from its rise and its downfall .
that right nft is declining because there have been less news and topics that we see in the forum and also in the bounties .
i see some nft bounties but it does not attract much participants but people now are into the new hype which are meme coins and dogecoin alternatives .
member
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Martian Swap - Anti Whale Measures New Yield Farmi
June 04, 2021, 03:10:09 PM
#37
Yeah, I am kind of on it. I don't have millions of dollars to put in into a digital art. But I prefer to collect small things. Like cards and veve models. And hope if those NFTs are really limited and backed by some big names there is a chance that they will go big sooner or later. And I also collect NFT based games card. I am fully into rplanet , alienworld and I think wax chain has many thing to offer. And many project on it doing really great. For me I always think that NFTs and digital collectables will change the things normally games for forever. Hmmm that's it.
full member
Activity: 1050
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BIB Exchange
June 04, 2021, 02:19:00 PM
#36
Well, really who is it meant for? I understand there are people who buy expensive paintings in the real world, but people still do not perceive digitally. Of course, now this beginning is possible in 5-10 years, it can be reborn into something new.
member
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$CYBERCASH METAVERSE
June 04, 2021, 02:10:36 PM
#35
I still believe in NFT projects than meme coins, investing for long term is all about projects utilities and usefulness and NFT got that backed up either in gaming or in ART
member
Activity: 369
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$CYBERCASH METAVERSE
June 04, 2021, 01:43:50 PM
#34
NFT are promising and they are new type of use case in crypto space that many have been wishing for, earning in gaming token are now easier than ever through NFT, there is no way this is not a good plan if you decide to hold for long term because billions of people plays game either on phone or other gadgets
sr. member
Activity: 1428
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BitByte Crypto: https://link3.to/bitbytecrypto
June 04, 2021, 12:47:18 PM
#33
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?

I also read that news and those are just to create panic on the market among the new users and nothing else, IMHO. TBH, NFT is just on the starting phase and real nft market is still far away and it doen't mattter which market is going on like bull or bear as NFT will stay in this market for long term. We might go through many type of hypes, but NFT hype isn't for some particular time. Also it looks like, everyone is busy with accumulating more bitcoin, that could be the reason for the drop on NFT market volume.  Grin
sr. member
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June 04, 2021, 12:17:46 PM
#32
basically nft is an inseparable part of crypto, and will have an impact when the market starts to decline, but nft is very unique and I believe it will last a long time in the crypto world.
Yes, if the market experiences a correction, then not only NFT will experience a decline, but all cryptocurrencies will also experience a decline, and this is a very natural thing to happen, but if we look at the durability of NFT in the crypto space, of course only NFT will survive for a long time in the crypto space.
full member
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June 04, 2021, 12:12:15 PM
#31
actually the nft market has dropped a lot both in value and in trading volume but i don't think the hype, trend of the sector is already waning but i think it is somehow connected to the fluctuations in the value of bitcoin, i am sure that the nft they still have a long way to go and soon their market will recover stronger than before
sr. member
Activity: 2268
Merit: 275
June 04, 2021, 11:36:55 AM
#30
Yes, I've heard news saying that NFT sales are currently experiencing saturation. and I think that is a natural thing, because NFT is still not a top priority in sales, but as a form of appreciation. plus those who have entered the NFT stream, their development has become branched. such as for mining, genesis, and adding to the collection. may need to narrow the pace and focus on one point.
hero member
Activity: 1638
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June 04, 2021, 10:08:58 AM
#29
This is new to me what's an NFT the last thing I remember that was new to me was the DeFi but now there's some new word as NFT looks like it's something new again well I think I needed to do a new research now. Well it's too bad that right now it looks like that even this was also declining let's I hope it's not yet dying. I see a positive sign on the market for the next few months.
sr. member
Activity: 1876
Merit: 259
June 04, 2021, 08:56:48 AM
#28
basically nft is an inseparable part of crypto, and will have an impact when the market starts to decline, but nft is very unique and I believe it will last a long time in the crypto world.
full member
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Moderator
June 04, 2021, 08:07:25 AM
#27
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?
I suppose no, from my perspective NFT it's not dying and current sales slump it's because market condition lately and the HYPE was over. NFT still have tons of great potential and really good for long term investment with wider scalability since it's offering an unique concept and affecting to some traditional sector especially games, art, entertaintment. We only can wait for now, ypu don't need to panic mate!
hero member
Activity: 2716
Merit: 552
June 04, 2021, 08:01:25 AM
#26
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?

I think the NFT hype was cooled down already plus accompanied by today's market condition that's why it is not surprising to see a 90 percent sales decline. however, if the market condition will improve hopefully? I believe NFT sales were also increased but I'm not so sure about it, just my personal opinion.

But the Non-Fungible Token or the (NFT) is not just an ordinary investment or a collection because it was a piece of digital art so it was more than just an ordinary token.

I agree. One of the main reason why NFT sales declined because of the current market condition. Everything in crypto space has been declining. So, I guess the decline of sales for NFTs is not gonna be a big surprise.
On the other hand, I'm still skeptical on these NFT digital arts sold for millions of dollars. I don't get it why these are so expensive. What I can see from the NFTs as a huge success in the future is through the NFT based games where you can actually use these tokens for purchasing in-game items while earning at the same time.
legendary
Activity: 3122
Merit: 1398
For support ➡️ help.bc.game
June 04, 2021, 07:54:33 AM
#25
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?

Define "dying"? A decline in price does mean "dying" for you? If yes, then give up now.

It's obvious that everything is affected since the start of the crash and NFT's aren't excused by that.

And of course, focus on those NFT projects that still buzzing today amid the crash and not just choosing those random projects creating hype. Spend time DYOR, just like how we choose a good altcoin project, and you can still see that the NFT marketplace is blooming as always.
sr. member
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Seabet.io | Crypto-Casino
June 04, 2021, 07:32:19 AM
#24
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?
My last NFT is cryptoz, only know about claim the cards, i think what i know about nft is only that. And about claims like that really need luck for people because it is really hard to get the rare one. And one more is Dego and we mining it after we claim various of tools to mining it.
member
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June 04, 2021, 07:27:20 AM
#23
The NFT sphere is still popular and I see every day many new projects that want to develop in the NFT sphere, but I agree that the NFT sphere is becoming less popular every day and the prices of many NFT cryptocurrencies have dropped very much, but this of course is most likely due to correction of the cryptocurrency market, so we need to wait for the next growth of the cryptocurrency market and then it will already be clear how things will be with NFT cryptocurrencies.
full member
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June 04, 2021, 07:08:41 AM
#22
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?

I think the NFT hype was cooled down already plus accompanied by today's market condition that's why it is not surprising to see a 90 percent sales decline. however, if the market condition will improve hopefully? I believe NFT sales were also increased but I'm not so sure about it, just my personal opinion.

But the Non-Fungible Token or the (NFT) is not just an ordinary investment or a collection because it was a piece of digital art so it was more than just an ordinary token.
hero member
Activity: 2030
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June 04, 2021, 06:56:19 AM
#21
I don't think that NFT market is going to die so soon. By the way, Binance is also preparing for NFT sales this month. I think that we will have another productive period for this market. I assume that many people will use Binance for this.
legendary
Activity: 1904
Merit: 1158
June 04, 2021, 06:35:33 AM
#20
NFT is also a trend like DEFI, it is exaggerated by the community. The drop of the entire market causes most altcoins to drop in price so we don't need to worry too much. When the market bounces back, NFTs will soon return to their ATHs as the use case of NFTs is very wide right now. Newly born NFT projects also promise to bring newness to space.
NFTs are nothing like DeFi. DeFi is way more established and serious right now. The kinds of platforms that have developed and holding the value during the downtrend is remarkable.

Lot of NFTs were sold in the last months and the bullrun ensured the insane valuation. People are much more cautious now and it is very unlikely that they will regain those ATH. Well, those expensive NFTs can only be re-sold to another collector so i don't think it matters to the NFT-Holder.

The trend of NFT buzzword resulting in huge valuations as already died down. There isn't really any special use-case catered by them, except for collector value or purely as a creative curiosity.
legendary
Activity: 2324
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hmph..
June 04, 2021, 06:15:42 AM
#19
Everything is fine with large projects, but no one needs ordinary pictures on the blockchain.
In the long term, these tokens will be used in game projects, and whoever bought useless pictures on the HYIP, they will lose money.

This is what NFT collectors should pay attention to. It's not about who makes and what capabilities the NFT have. For images that have high artistic value, of course collectors can resell them at a higher price with the NFT hold. Or for farming NFT, if it's rare NFT for serious and potential projects, holding NFT will also potential giving more value. But if it's only because of the hype due to shillings, then the value of the NFT will eventually go down and maybe it will lose more than holding tokens/coins.
Ucy
sr. member
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Bisq is a Bitcoin Fiat Dex. Use responsibly
June 04, 2021, 06:10:58 AM
#18
It's the same as the previous trend. It gains hype but after a few months of running and people have been starting to feel bored with it. that's why NFT sales going down so hard at this moment and i can say that we are heading to the end of NFT trend. You can see the history of defi and various trends in the crypto and these have the same cycle as the NFT trend.
The trend will not last forever.

The hype was part of the problems, but that doesn't mean it can't be very useful to people in the future.

I actually prefer having a project properly built to serve its purposes before you get people to start investing their hard earned money into it.   And if it doesn't have much useful uses that are worth selling to people I care about, I wouldn't bother promoting it. If I can promote it to people I care about, I can promote it to anyone.
Hope they understand how to put it into good use. When you think less about yourself and more about how to benefit others with good things, understanding will come.
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CLEARSIGHT- THE #1 BLOCKCHAIN JOB PLATFORM
June 04, 2021, 05:25:41 AM
#17
NFT is also a trend like DEFI, it is exaggerated by the community. The drop of the entire market causes most altcoins to drop in price so we don't need to worry too much. When the market bounces back, NFTs will soon return to their ATHs as the use case of NFTs is very wide right now. Newly born NFT projects also promise to bring newness to space.
full member
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June 04, 2021, 04:34:43 AM
#16
NFT project was highly affected during the bitcoin crash in the month of May and it does'nt show its the end of the project because NFT are greatly influenced by bitcoin price that is why they can still survive even in the market correction. So, for me i am one of the NFT believers.
legendary
Activity: 1876
Merit: 4532
June 04, 2021, 04:30:37 AM
#15
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?
https://www.cryptoslam.io/
Study analytics. Trading volumes are falling.
Everything is fine with large projects, but no one needs ordinary pictures on the blockchain.
In the long term, these tokens will be used in game projects, and whoever bought useless pictures on the HYIP, they will lose money.
legendary
Activity: 2310
Merit: 1598
Do not die for Putin
June 04, 2021, 03:49:19 AM
#14
There is still many people on NTFs and there will be much more because ETFs actually do have perfectly valid use cases, which by the way are not related to auctioning a Bleeper nor other artworks, but rather associated to utility NTFs that confer ownership, ability to use certain in-game skins and objects and other of the like. This is a true case but now it has to overcome the bad image that the bad use of NFTs have had at this moment and become the market that they should really be.
member
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June 04, 2021, 03:33:30 AM
#13
Few NFT projects I'm following have fall in value but that's because of the whole crypto market but I believe in NFT projects for long term hold because of their use cases, gaming NFT projects will be demanding in coming months
legendary
Activity: 1274
Merit: 1000
June 04, 2021, 02:52:30 AM
#12
I think the percent was earned also because the price of bitcoin has been dumped in the last few weeks. but if you look at trends, for example from google, they still show a fairly high volume. artists are also still trying to promote their own NFTs, so I don't feel that NFTs are over
legendary
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Nil Satis Nisi Optimum
June 04, 2021, 02:47:36 AM
#11
one has to check in what was the maximum, and then relate all the fall from that point
it is probably 90% fall from maximum, but that maximum was out of realm, and it is good to be settled and then go up from new point

NFT games still have their volumes and there is buying pressure for some items, so I do not think that NFTs are going to go-away, it is just accumulation phase, where some people are buying from weak hands
legendary
Activity: 2450
Merit: 1225
June 04, 2021, 02:42:31 AM
#10
See the marketplace NFTs opened by Binance & FTX.

Well, I believe NFTs market has some more interested for right now the adoption from various aspect has support this market and yeah because Binance & FTX open NFTs market. This is gonna to help NFTs spread more to the market it self, I currently also entering on NFTs (IOI-Trade Race Manager).
hero member
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Moonbet.io | Web3 Casino
June 04, 2021, 02:42:21 AM
#9
So many coins got dumped more than 50% from the price when bitcoin was still sitting at 60k rate. That means the demand for people to buy NFT will be less in the market but the only thing that's quite strange if the price of coin goes down drastically. that means the trend is not yet become popular again among crypto investors.
This reminds me of the cryptokitties trend. This can be the end for NFT trend.
legendary
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Fully Regulated Crypto Casino
June 04, 2021, 02:35:01 AM
#8
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?
Probably cause nft sales also depends on thr market. If bitcoin and major coins dump then even the nft will struggle as these nft runs or mostly reside on the ethereum ecosystem. But I believe nft still at early phase of development and adoption. You can know that as Binance will just launch this month their nft marketplace that will be a good news for all nft platform.
full member
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June 04, 2021, 02:13:29 AM
#7
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?
That's the cycle here in cryptomarket, after the hype you can expect for the price to slowly going down. I sold some ART NFT and guess what, no one is buying so I leave right away, I believe it only works to the great artist with a humor. Though the market is still unpredictable, maybe NFTs are declining because of the market condition as well, we don't know.
sr. member
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bit.ly/3QXp3oh | Ultimate Launchpad on TON
June 04, 2021, 02:12:48 AM
#6
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?
I don't think the hype about it will stop, and maybe this trend will continue to grow stronger in many other and newer areas.

What's interesting? I think, is that like so many other trends, if it's worth using, people will continue to develop and exploit the product it creates.
member
Activity: 378
Merit: 15
June 04, 2021, 01:45:13 AM
#5
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?
You expect all NFT projects to perform the same way? That's impossible there are some NFT projects that aren't that good at all so they have less demand on them but we have few good NFT projects that have huge demand too
legendary
Activity: 3080
Merit: 1353
June 03, 2021, 09:20:15 PM
#4
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?

That's define what the market is right now, there are hype and then it died down just like what we are seeing in NFT. Of course proponents of it will try to salvage everything and will still promote and support NFT's no matter what. And if they can think of another marketing tool to bring back the hype then why not? Maybe it will not die, it will just evolved again and again to remain relevant in the market. Just like the rest of the top cryptos, and that is the key for NFT.
legendary
Activity: 2324
Merit: 1603
hmph..
June 03, 2021, 08:35:20 PM
#3
I don't think NFT is dead, indeed the hype is dropping. However, NFT has good potential for creators and developers. Because, for an NFT image for example, it will have intellectual rights that no one can change it, we know, when we upload the NFT to the blockchain, we will have a timestamp, this way creators can dispute easily when there is plagiarism. I think it's much better than metadata which can still be tweaked sometimes. Even though it is currently in decline, I believe NFT is one part of the blockchain that will never die.
legendary
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June 03, 2021, 08:16:34 PM
#2
It's the same as the previous trend. It gains hype but after a few months of running and people have been starting to feel bored with it. that's why NFT sales going down so hard at this moment and i can say that we are heading to the end of NFT trend. You can see the history of defi and various trends in the crypto and these have the same cycle as the NFT trend.
The trend will not last forever.
sr. member
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June 03, 2021, 08:04:06 PM
#1
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?
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