Topic: Honest opinion poll about the potential of NFT - page 5. (Read 870 times)
I have a mixed emotions regarding this trend but I believe NFT hype will die soon since there is nothing new offered on the table. It has existed for sometime now and it just got its moment because someone just put an emphasis on it. In short, it had long been existing in the blockchain.
NFT is ideal for virtual goods, and as our lives are more digital each new day NFTs tend to increase in importance on long run. People don't want to own virtual goods only inside one platform that doesn't even belong to them, they want to have it inside their wallet and move to different places, if possible and wished. What we see now is just the beginning of non fungible tokens. There are many options to be explored by this market yet.
Honestly, I can see NFT will continue to exist even if the hype is over. The characteristic of it will make itself important to people having it. The uniqueness of NFTs will make sense when the hype is over. Just like physical art, The market will not stop. Sooner or later a new hype will be born and I'm sure that NFT hype will be replaced by something else but the NFT market won't die.
Hi all,
Let's do a honest opinion poll about the potential of NFT.
Question - what the future holds for NFT?
In my personal experience, I have received mixed reactions from different type of people on this same question. So I want to know the view of this community.
Vote on!
Let's do a honest opinion poll about the potential of NFT.
Question - what the future holds for NFT?
In my personal experience, I have received mixed reactions from different type of people on this same question. So I want to know the view of this community.
Vote on!
At first glance this direction that nowadays is really hot may really become something in high demand even after some long period of time, because there are lots of artists, photographers and famous people that nowadays create their unique NFTs and it may really live for a long time. But what the price of such tokens may be in future nowadays personally for me it is hard to predict. May be it will be high, may be not all NFTs that are so massively created nowadays will be alive in future. .
Let's do a honest opinion poll about the potential of NFT.
Question - what the future holds for NFT?
In my personal experience, I have received mixed reactions from different type of people on this same question. So I want to know the view of this community.
It is not a shock that we do not end up with anything too radical about this, I knew that people wouldn't be picking excellent view all that much, we all know what this is about and what it can become, so it wasn't really that shocking, however one thing is for sure, people do not see that this will die neither. Most probably outcome is NFT finds a new method to be used inside crypto that would make it actually great and have a good use case.Question - what the future holds for NFT?
In my personal experience, I have received mixed reactions from different type of people on this same question. So I want to know the view of this community.
For example there is a defi in BSC these days, it is a new one, and I am not going to name so that it wouldn't be shilling it, but that project is using NFT to increase the Farm and Pool income, you use their token, buy NFT, and there is chances of getting something either very good, or very bad and many things in between, and if you get something very good you earn more from farming as well and you spend that NFT to increase your income. This allows their token to be burned, their NFT to be burned and basically make that NFT a great way to use it, actually worths money as well.
This is a very specific token and I think that not everyone needs it. I still don't understand its purpose well. Perhaps it would be better to create a stablecoin for this purpose, which will serve a virtual auction of art and antiques. There is very little information about NFT tokens, so it is not surprising that people are now very interested in them, as a result of which this hype arose. After a certain time, all this will settle down, then we'll see how useful this token will be.
There are ample of information available to know about NFTs. You can go through the FAQ section of Opensea which is one of the best NFT marketplaces,
https://opensea.io/faq
Reading this FAQ will clear out a lof of confusion around NFTs and its functionality.
Hope this helps!
Like the other people, I said moderate view because it is not really something that will rule and be the best and be loved by everyone but I also do not think that it is something that would be gone and be totally forgotten in the future neither. I just think that, it will not be these huge prices, right now it is totally overvalued and that is why I think it is not going to be as hyped as it is right now, that is my consideration.
Of course I believe it will continue to be decent as well, it is actually a quite good "idea", definitely doesn't worth the money people spend right now, but it definitely worths "some" money and what people find valuable could always be argued so there is no point in talking about negotiating prices. This is why moderate view is perfect for me, it is a good idea that will continue to exist as long as crypto exists and that is why it is here to stay.
Of course I believe it will continue to be decent as well, it is actually a quite good "idea", definitely doesn't worth the money people spend right now, but it definitely worths "some" money and what people find valuable could always be argued so there is no point in talking about negotiating prices. This is why moderate view is perfect for me, it is a good idea that will continue to exist as long as crypto exists and that is why it is here to stay.
This is a very specific token and I think that not everyone needs it. I still don't understand its purpose well. Perhaps it would be better to create a stablecoin for this purpose, which will serve a virtual auction of art and antiques. There is very little information about NFT tokens, so it is not surprising that people are now very interested in them, as a result of which this hype arose. After a certain time, all this will settle down, then we'll see how useful this token will be.
Moderate view. I think some industries are abusing the NFT hype but there are some niche like the gaming industry where I believe NFT will flourish. The Digital arts might take some time to be widely accepted because it is currently dominated by famous/influential people who are not really that good in my opinion.
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I have moderate view regarding NFT. Many people consider it as overrated and somewhat just a waste of money but honestly NFT could be used for various things and that doesn't make it as useless as most of people imagined it to be.
Like I know the controversy about people that spending million of dollars just for an NFT that represents a tweet but people should really take a look deeper that there are hidden motives and those people who buy these kind of NFT are most likely trying to get exposure and not really trying to collect those tweets' NFT. Moreover NFT could create like a platform for people who want to sell their digital arts or something like that without the need of centralized company. it's not like with existence of NFT its gonna bring catastrophe to the market anyway.
Like I know the controversy about people that spending million of dollars just for an NFT that represents a tweet but people should really take a look deeper that there are hidden motives and those people who buy these kind of NFT are most likely trying to get exposure and not really trying to collect those tweets' NFT. Moreover NFT could create like a platform for people who want to sell their digital arts or something like that without the need of centralized company. it's not like with existence of NFT its gonna bring catastrophe to the market anyway.
Question - what the future holds for NFT?
In my personal experience, I have received mixed reactions from different type of people on this same question. So I want to know the view of this community.
NFT trend and parasites on NFT won't last forever. I have no belief that those tokens that are using NFT trend to steal money from crypto communities will have good price in few months ahead.In my personal experience, I have received mixed reactions from different type of people on this same question. So I want to know the view of this community.
When people realize that NFT won't change their lives, won't change the crypto industry, won't change the blockchain technology, price on the market will plummet. I hope people who have love with NFT won't make their hard decisions too late.
I picked Moderate view - NFT will continue to exist.
I believe NFT's will be in our daily life but won't be a big part of it. There are a lot of real world use cases for NFT's, I'm not talking about some dumb tweet NFT's or cyberpunks etc. They are all part of advertisement, they don't show NFT's real potential and use case. I think some games, especially trading card games, fantasy sports leagues etc. have very big part of real NFT usage in the future. That way we can talk about collection that have value, not some pixel art where you can generate infinite copies. It can be used as proof of ownership in various things as well.
I believe NFT's will be in our daily life but won't be a big part of it. There are a lot of real world use cases for NFT's, I'm not talking about some dumb tweet NFT's or cyberpunks etc. They are all part of advertisement, they don't show NFT's real potential and use case. I think some games, especially trading card games, fantasy sports leagues etc. have very big part of real NFT usage in the future. That way we can talk about collection that have value, not some pixel art where you can generate infinite copies. It can be used as proof of ownership in various things as well.
I have the same view here as well. Aside from the gaming industry, I believe, this will be a hit soon to known personalities, celebrities and athletes. Remember, a lot of them have large following and those fans are already collecting their memorabilia even before. Now, as these celebrities are finding about NFTs, like for example Paris Hilton - https://parishilton.com/why-im-excited-about-nfts/, a lot of them will follow. Now, these die-hard fans can now collect their memorabilias digitally. So I believe, it will be a hit in the future.
I picked Moderate view - NFT will continue to exist.
I believe NFT's will be in our daily life but won't be a big part of it. There are a lot of real world use cases for NFT's, I'm not talking about some dumb tweet NFT's or cyberpunks etc. They are all part of advertisement, they don't show NFT's real potential and use case. I think some games, especially trading card games, fantasy sports leagues etc. have very big part of real NFT usage in the future. That way we can talk about collection that have value, not some pixel art where you can generate infinite copies. It can be used as proof of ownership in various things as well.
I believe NFT's will be in our daily life but won't be a big part of it. There are a lot of real world use cases for NFT's, I'm not talking about some dumb tweet NFT's or cyberpunks etc. They are all part of advertisement, they don't show NFT's real potential and use case. I think some games, especially trading card games, fantasy sports leagues etc. have very big part of real NFT usage in the future. That way we can talk about collection that have value, not some pixel art where you can generate infinite copies. It can be used as proof of ownership in various things as well.
My honest take here is that,
NFT will continue to exist, it will rule, and later it dies just like how Defi shows to us. And for sure, after this, there is another set of crypto projects that will come and probably the same cycle that we might experience.
If I'm going to invest it, that will be a short-term goal, it hypes and dies pretty quick. I hope I'm wrong.
NFT will continue to exist, it will rule, and later it dies just like how Defi shows to us. And for sure, after this, there is another set of crypto projects that will come and probably the same cycle that we might experience.
If I'm going to invest it, that will be a short-term goal, it hypes and dies pretty quick. I hope I'm wrong.
As much as I want to think that it will die soon, I'm thinking that there are still projects that do ICO, and IEO and Defi's are still coming into the market.
So NFT will also be the same as those. They will continue to exist in the market but with no longer the same hype that they are taking right now. Do you plan to invest in any NFT?
So NFT will also be the same as those. They will continue to exist in the market but with no longer the same hype that they are taking right now. Do you plan to invest in any NFT?
Question - what the future holds for NFT?
In my personal experience, I have received mixed reactions from different type of people on this same question. So I want to know the view of this community.
Vote on!
Chose up Moderate view - NFT will continue to exist. This might be the new trend now but doesnt mean that it will rule out.Its just bit common on how
things do go into this market where something could really become a hype but once its over then it would just remain flat but for sure NFT would stay.
When it comes to potential then there might be some but it wont really be that too high when it comes to some speculation.
So dealing with NFT's isnt really that harmful at all but always remember that always set up risk management.
NFT at the moment is enjoying a bubble but after it settles the real NFT project will stand out to survive through the bear. The use cases are strong ones especially for online purchase of Arts and Gaming, If the project is built around it, not like some that readjust the coin used case to exploit the hype, they could likely thrive. Cryptocurrency space do not need as many NFT coins or projects as we already have
I think in the future gaming industry is going to be the real igniter of nfts.
Imagine being able to take items,nfts from a game to another, this itself could unlock so many things and content inside games its crazy to think about it.
Imagine being able to take items,nfts from a game to another, this itself could unlock so many things and content inside games its crazy to think about it.
Yeah the hype about NFT is really high, people spending ridiculous amount to purchase some unique NFT, does it really worth it? It depends on individual preferences, but I am not sure if am willing to part with a reasonable sum for some NFT,
That been said, the trend is really high and crypto is all about what is trending, for now it is a good enough opportunity for investors and dev to make money, but just like the rest of the hype, this too will die down and in the end only a handful of the many NFT projects will survive. It is a vicious circle.
I think about it too, my question is whether the NFT is able to hold out for long periods of time in this hype. It seems that this coin with traits like the NFT hype is just a temporary euphoria to lure investors. but we can prove it in the future to see how potential NFT are in the future That been said, the trend is really high and crypto is all about what is trending, for now it is a good enough opportunity for investors and dev to make money, but just like the rest of the hype, this too will die down and in the end only a handful of the many NFT projects will survive. It is a vicious circle.
I believe NFT has come to stay but the ridiculous valuations is going to crash the space, Some people are going to becoming ridiculously rich base on the recent hype but those that bought the hype are going to lose their money, there is no other way around it, all these JPegs are going to become valueless but a new stronger industry is likely going to emerge from the crash
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