Scammers are observing and just the same with ICO back then, NFT are now prone to this kind of activities, scammers who know how to play and work with greedy investors.
There are established projects that are producing contents and i never jumped the ship when the hype started, it took a while for me to understand what is going on and i am not a huge fan of collecting art but still it is fun to try a few and purchase them to see what is going on. There are some impressive arts but the cost is so high that i do not want to get them but there are many who are willing to spend money to get their special ones.
Yes, there are people who invest with those huge arts and they are willing to gamble. The risk is high but for people
already done doing their research, they understand that once success takes place, they can sell it to the price that they are desired,
tough call if you are just a small player, risking to something that you are not really familiar. It takes time and more research before
you can convince yourself to join the ride.
For now, the booming of NFT mostly from the gaming side is really gaining attentions, it opens up the door from those people who learned crypto from the influence of their friends who are playing play to earn NFT games.
Gaming is gaining popular but some of the projects that are run on top of ETH is suffering due to higher fees to connect the game and i too wanted to try them but i do not want to spend $30 just to connect the game.
Pain in the ass, paying that amount just to start the game. I have one but it's run using BSC, not that much but no longer profitable.
I don't know but the hypes are over and if you'll take the risk of continuing the game; you are more on paying gas fees but there're no profits anymore.