The NFT market now resembles the ICO market in 2017.
This is a good analytics resource.
https://www.cryptoslam.io/
These are popular products, but demand may decline over time
1 NBA Top Shot
2 CryptoPunks
3 Sorare
In a year or two, this market will be oversaturated with different content, because the creation of NFT tokens is a very simple process.
Topic: Cathie Wood - Non Fungible Tokens (NFT) & Wallets will disrupt the markets (Read 115 times)
March 07, 2021, 12:32:44 PM
March 06, 2021, 06:43:13 PM
Defi projects are way ahead of the news, which is why most of the ongoing projects and those who are about to surface promise NFT features in one way or another. And this is no joke, the concept is promising and offers tons of opportunities for collectors and creators alike, which is why it is the biggest thing in the crypto scene right now.
March 06, 2021, 04:08:32 PM
I can't say I've heard of Cathie Wood. The stock market 2016 to 2020 was an easy era to profit. I think everyone who bought and held over that period make money. She seems to be an advocate of tesla and EVs. The next few years should be much more challenging.
She's pretty big in the finance world at the moment running the largest actively managed ETF. Her investment style of finding "disrupters" in industries is a good way to find gold... She's big into gene editing companies as well and thinks they will cure diseases like cancer in the next 5-10 years. I've got a small investment in her ARK Innovation Fund, but it feels like we could be seeing a top in that market while the market rotates into value from growth stocks.
March 06, 2021, 12:52:08 AM
NFTs have opened the doors for us to create and encounter new opportunities. More advantage if you are a digital artist with out of the box creativity to tokenize your art. This could be huge on the long run because the demand keeps growing right now.
Definitely, with NFT emerging, a whole new generation of artist are going to be born and with the advent idea of anything goes on the Internet, I think that we will see something different and good products. This will be a generation that will create new Banksy, Basquiat, and other artists, and together with more rich people being interested in this kind of thing, I think that NFT hasn't reached its full potential but it will definitely get there. 
March 06, 2021, 12:43:25 AM
I do not think that things will change that fundamentally, it will probably be something decent and it would probably close to what we have right now. All those nft and wallets will make some changes, people are already spending millions of dollars on them and I get it, but that will not change the regular world neither, it would be basically pretty similar to what it is today.
Do not be worried that you will lose a lot because you are not in it because you need to be capable of doing this in order to make profit even right now, and in the future they could become bigger but that will not make it something you missed out on, it would just be something you could have learned and even if you start to learn right now, you will be late for it anyway and it will become huge until it is reached. That is why I think we should not be worried about anything at all, and just go with the flow.
Do not be worried that you will lose a lot because you are not in it because you need to be capable of doing this in order to make profit even right now, and in the future they could become bigger but that will not make it something you missed out on, it would just be something you could have learned and even if you start to learn right now, you will be late for it anyway and it will become huge until it is reached. That is why I think we should not be worried about anything at all, and just go with the flow.
March 04, 2021, 06:25:44 PM
Everyone tries to define reasons and motives behind NFTs being high priced. One possibility is them being fronts for criminal organizations to launder money. Another possibility is owners of NFT sites selling items from one account they own, to another account they own, to generate excitement in the hope whales will follow the trend and throw money at their overpriced goods. The third possibility is NFT being legit. Fourth option, a mixture of all the trends mentioned.
There is a lot of excitement surrounding crypto ATM. Many are looking to become involved in the hopes of profiting. Its not unlike the silicon valley dot com bubble. Hopefully everyone involved with NFT will be happy and satisfied with results of the landscape. But there is always a chance it could be a bubble.
I can't say I've heard of Cathie Wood. The stock market 2016 to 2020 was an easy era to profit. I think everyone who bought and held over that period make money. She seems to be an advocate of tesla and EVs. The next few years should be much more challenging.
There is a lot of excitement surrounding crypto ATM. Many are looking to become involved in the hopes of profiting. Its not unlike the silicon valley dot com bubble. Hopefully everyone involved with NFT will be happy and satisfied with results of the landscape. But there is always a chance it could be a bubble.
I can't say I've heard of Cathie Wood. The stock market 2016 to 2020 was an easy era to profit. I think everyone who bought and held over that period make money. She seems to be an advocate of tesla and EVs. The next few years should be much more challenging.
March 04, 2021, 08:42:10 AM
Since NBA cards are pretty popular, its easy to see NFT collectibles becoming a thing as well. The latest release sold out almost immediately. NFT games are also becoming a thing. It's exciting to see more and more games where you can gain cards or collectibles. I'm eyeing on some which has peaked my interest: God's Unchained which is a card game sort of similar to Heartstone and Magic, The Gathering. Enjin has been gaining more value due to games like these. I think the gaming industry has plenty of potential especially during the quarantine when gaming businesses surged. Due to being on a lockdown, streaming became more popular as almost anyone can stream these days.
March 04, 2021, 07:07:10 AM
NFTs have opened the doors for us to create and encounter new opportunities. More advantage if you are a digital artist with out of the box creativity to tokenize your art. This could be huge on the long run because the demand keeps growing right now.
March 04, 2021, 03:42:07 AM
I feel like it's only the popular/reputable people that will benefit the most. Value will also depend on the rarity of an item.
I think that should be the case honestly since it's a form of collectibles in the first place. At least this will drastically reduce the cost if someone wants to creates their own digital art and then auction it, removing the need for third-party to maintain and secure the art which could easily get lost in the chain.Honestly it feels like every year or so we got a new playground in crypto that is overvalued and later busted as a required process for the maturity of the market.
March 04, 2021, 03:33:51 AM
I do believe that NFTs will influence the market, they are an emerging investment and they are putting out a good show as of this moment. A lot of people will eat NFT and not just ordinary people but the rich ones, you know how they really like to buy art even though they pretend to know the meaning behind it. I would suggest that people should get a hold of some NFTs because they will be a booming industry and those left behind will have to invest at far higher prices.
March 04, 2021, 02:25:34 AM
NFTs has seriously gained traction in the past few months. It's so easy to create one that some NFTs are crazily overvalued. I even saw a digital cat that was sold for $600K 
I read a buyer's explanation that it's about supporting the NFT ecosystem but that's still too much.
Anyway, I'm not sure about the long-term sustainability of this niche. I feel like it's only the popular/reputable people that will benefit the most. Value will also depend on the rarity of an item.
I read a buyer's explanation that it's about supporting the NFT ecosystem but that's still too much.Anyway, I'm not sure about the long-term sustainability of this niche. I feel like it's only the popular/reputable people that will benefit the most. Value will also depend on the rarity of an item.
March 03, 2021, 06:51:29 PM
Cathie Wood is no small name in investment. She founded and manages the largest actively managed investment fund of 2021 (ARK)
She recently expressed her very optimistic outlook on the future of the NFTs as a way of making investment in art less of an art (pun intended) and a very likely possibility of retail banking being disrupted (further) by the "wallets" and cryptocurrencies.
This is not a wannabe genius, but someone who is exceptional at picking winners. Original interview here.
She recently expressed her very optimistic outlook on the future of the NFTs as a way of making investment in art less of an art (pun intended) and a very likely possibility of retail banking being disrupted (further) by the "wallets" and cryptocurrencies.
This is not a wannabe genius, but someone who is exceptional at picking winners. Original interview here.
Jump to: