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Topic: Is NFT still hot??? (Read 1290 times)

jr. member
Activity: 1380
Merit: 1
August 15, 2021, 01:33:38 PM
NFTs have exploded in popularity this year, with NFT artworks selling for millions of dollars and musicians such as the Kings of Leon rock group embracing them for their latest album. We know that short video The viral “Charlie Bit My Finger” video that captured people’s hearts in 2007 was sold as an NFT, a nonfungible token, for $760,999.
sr. member
Activity: 363
Merit: 323
Infographics save lives
August 15, 2021, 12:44:47 PM
NFT are still hot at the moment but in the future they will be worthless and I can not recommend anyone investing in them for the long term instead jump on the opportunity now but make sure you sell before the end of the year.
jr. member
Activity: 117
Merit: 5
August 15, 2021, 05:23:09 PM
NFT otherwise known as NonFungible Tokens are the biggest cryptocurrency innovation since the development of Defi coins and Blockchain tokens. This is because NFT brings real life off-chain properties to the blockchain while also creating a new market for digital assets. The digital properties market is a multibillion dollar market and it cuts across the gaming industry, art, photography and a lot of other intellectual properties. Now with NFTs creators can reap the full benefits of their intellectual properties through the use of the blockchain and these can also be used for decentralized financial services. NFTs are hot projects and will remain Hot for as long as there is a pressing need for it
sr. member
Activity: 1904
Merit: 306
August 15, 2021, 01:15:46 PM
I have been following NFT for a while and have noticed that the emergence of some animal coins has disrupted the market. Will the market be more stable in June?
NFT is actually overtaking the coin meme in terms of trend. Currently, demand can be displayed at opensea, a lot of NFT works of all genres are offered at crazy prices, NFT games, sports platforms (NFT Messi on VNLA,...) widely accepted by the community. AXS, YGG have quickly won the trust of the market. NFT will be very valuable in the future

Previously I thought the NFT trend was going to be over, but just when I thought the hypes was fading away, NFT trend started again and this time it's way hotter than before, after the reign of of meme coins/animal tokens NFT seems to be having its way again with AXS and YGG having huge volumes in terms of NFTs sales, I think we are still early and unlike other trends the NFT trend might last even more than the DeFi trend.
full member
Activity: 952
Merit: 108
1xBit recovered their reputation
August 15, 2021, 12:39:30 PM
I have been following NFT for a while and have noticed that the emergence of some animal coins has disrupted the market. Will the market be more stable in June?

NFT's is losing its popularity gradually, recently I've seen the Thailand govt. banned NFT trading from their local exchange duo to uncertainty. NFT is just got hype for some months but nowadays it is not easy to sell NFT instantly, It is annoying.
sr. member
Activity: 798
Merit: 250
GoMeat - Digitalizing Meat Stores - ICO
August 15, 2021, 12:32:00 PM

the crypto world is always releasing a new platform, just like defi,NFT is happening. most of the new trends in the crypto world don't last long guys. I'm sure there will be a new revolution later that will become a trend, AXS may still be liked by many people but I don't know if it will live long term or not..
although trend changed by another project at least developtment and improvement still happening. we have must be realistic new concept will always be new trend due blockchain technology adoption in any field. maybe today we see DEFI and NFT  but later we will see the new one. blockchain could applied in any field that is why we always see new idea in crypto projects.
jr. member
Activity: 123
Merit: 3
SmartFi - EARN, LEND & TRADE
August 15, 2021, 12:27:14 PM
NFT are the hottest type of cryptocurrencies in the market right now, the good NFT projects offers investors good return on investment and also the users of the platform have been benefiting from using NFTs in different ways. The gaming NFTs are so popular and incentivize the gaming industry through the blockchain with their play to earn format. Meme coin on the other hand offer no real value and i see no rational reason why any serious investor should invest in them
member
Activity: 517
Merit: 10
August 15, 2021, 07:50:17 AM
I have been following NFT for a while and have noticed that the emergence of some animal coins has disrupted the market. Will the market be more stable in June?
Maybe what you mean by animal coin is a meme coin that uses an animal logo, if that's what you mean until now there is no real use shown by the meme coin, but when it comes to NFT, until now its use is still there and is still being discussed, especially relating to game payouts.
copper member
Activity: 966
Merit: 5
August 15, 2021, 06:56:12 AM
I have been following NFT for a while and have noticed that the emergence of some animal coins has disrupted the market. Will the market be more stable in June?

If you say animal coins I presume you are referring to Meme coins, well actually you can say that, you can say it lead to shitcoins seasons, and even till today a lot are still coming up, also NFT and Meme projects are quite different I believe.
Nevertheless, NFT is still hot I would say moreover I would also say that the trend is somewhat new and as the bull run which looks like we are in already keeps gaining prominence, more attention will be going to NFTs and probably starting another shitcoin season. Also, it is very important to know that, in as much as NFT looks like it is already starting, you should be careful as well, because every trend presents scammers with new opportunities to create scam projects, therefore make sure you do your due diligence on every project before Investing.
full member
Activity: 899
Merit: 101
August 15, 2021, 06:34:35 AM
NFT is actually overtaking the coin meme in terms of trend. Currently, demand can be displayed at opensea, a lot of NFT works of all genres are offered at crazy prices, NFT games, sports platforms (NFT Messi on VNLA,...) widely accepted by the community. AXS, YGG have quickly won the trust of the market. NFT will be very valuable in the future

definitely meme coins trend is over now and changed by NFT gaming projects, today alot new projects occur based on this project. AXIE be the first NFT gaming that attract investors attention when it pumped hardly and followed by another projects.


Axie Infinity has a huge success and we all know success begets success and many developers are going to imitate what works, we now have a lot of play to earn concept, it's now the trend, but we don't know if it's sustainable for a long time, they are striking while the iron is hot I invested on 2 NFT games I hope I made the right decision in pouring a lot of money.
many developers team now developt play to earn game as their main product. And just like previous hype in meme coin , play to earn project will explode soon when investors realize this is great project in crypto market which is give new opportunity to earn money only by playing game.
legendary
Activity: 1806
Merit: 1024
August 15, 2021, 06:15:04 AM
I have been following NFT for a while and have noticed that the emergence of some animal coins has disrupted the market. Will the market be more stable in June?

I think so, if you are going to take a look at the market capacity of the NFT keeps increasing from time to time, also I think there's a lot of upcoming NFTs and I think this NFTs season will be here for a while. I was planning to invest to NFT but I'm not really sure what NFT project I would try.

In regards with your question we are not really sure about that since all coins are volatile in nature.

ya.ya.yo!
hero member
Activity: 3024
Merit: 614
Leading Crypto Sports Betting & Casino Platform
August 15, 2021, 06:06:22 AM

This new approach brings more interest and now investors are into play to earn NFT system.

The popularity will continue as long as good dev will continue producing good concepts and provide progress, just hope that dev from those successful play to earn games will deliver and not become greed and runaway the money the games that they created. This industry will achieve more success for sure.

Axie Infinity has a huge success and we all know success begets success and many developers are going to imitate what works, we now have a lot of play to earn concept, it's now the trend, but we don't know if it's sustainable for a long time, they are striking while the iron is hot I invested on 2 NFT games I hope I made the right decision in pouring a lot of money.
member
Activity: 364
Merit: 10
August 15, 2021, 05:34:48 AM
I have been following NFT for a while and have noticed that the emergence of some animal coins has disrupted the market. Will the market be more stable in June?
NFT is actually overtaking the coin meme in terms of trend. Currently, demand can be displayed at opensea, a lot of NFT works of all genres are offered at crazy prices, NFT games, sports platforms (NFT Messi on VNLA,...) widely accepted by the community. AXS, YGG have quickly won the trust of the market. NFT will be very valuable in the future
legendary
Activity: 1778
Merit: 1009
Modding Service - DM me!
August 15, 2021, 03:32:49 AM
They are almost done, the hype could end up soon and only those reliable NFT projects will be left while the others will die. I have seen them having no difference from ICO, Defi projects, as they got into hypes and they collapse.
And besides, only NFT games give life on this platform, the rest are just ignored and investors having no interest in them. Well, I can admit I have no such interest as well.

Very likely, NFT apart from games or investment assets is very likely to lose the hype and not be a popular thing anymore. but with the existence of NFT games and more innovations that provide benefits for users and platforms, I think the popularity NFT in the games section will be much longer than art, Ecosystem in NFT games is much more active.
This new approach brings more interest and now investors are into play to earn NFT system.

The popularity will continue as long as good dev will continue producing good concepts and provide progress, just hope that dev from those successful play to earn games will deliver and not become greed and runaway the money the games that they created. This industry will achieve more success for sure.
That's what I'm looking for as well, and because it's difficult to achieve these kinds of things as a game developer and NFT designer, I believe they'll do everything they can to make it the greatest. There are a lot of NFT games out there, but they don't have a lot of players or investors, thus the popular NFT games presently are really fortunate to have built a fan base for having a decent and balanced game. Developers of major NFT games are currently doxxed, so we can't see them fleeing with our money.
legendary
Activity: 2982
Merit: 1028
August 15, 2021, 02:50:31 AM
They are almost done, the hype could end up soon and only those reliable NFT projects will be left while the others will die. I have seen them having no difference from ICO, Defi projects, as they got into hypes and they collapse.
And besides, only NFT games give life on this platform, the rest are just ignored and investors having no interest in them. Well, I can admit I have no such interest as well.

Very likely, NFT apart from games or investment assets is very likely to lose the hype and not be a popular thing anymore. but with the existence of NFT games and more innovations that provide benefits for users and platforms, I think the popularity NFT in the games section will be much longer than art, Ecosystem in NFT games is much more active.
This new approach brings more interest and now investors are into play to earn NFT system.

The popularity will continue as long as good dev will continue producing good concepts and provide progress, just hope that dev from those successful play to earn games will deliver and not become greed and runaway the money the games that they created. This industry will achieve more success for sure.
sr. member
Activity: 2030
Merit: 356
August 15, 2021, 02:46:47 AM
Binance has recently made a major push to make NFTs more popular on BSC. I'm still perplexed by the buzz and believe it's primarily a fad. They may be concentrating on more intriguing projects. I have the opportunity to claim several NFTs on Pancakeswap. While I think it would be good to have some trophies on my profile, I don't want to spend money just to be able to claim them if they already exist.

NFT is still hot at the moment and believe me its worth will be continue to increase. The true potential of NFT is yet to be discovered. There are so many use cases of NFT and specially the games which are developed on NFT are gaining new hype and interest. If you want to invest in something which can give you 100X returns, then invest in NFTs.
sr. member
Activity: 789
Merit: 273
August 15, 2021, 02:39:47 AM
NFT will become more mainstream when more and more artist/celebrities/idol start using it.
For now, NFT game (play to earn) is booming. Many new projects gained a lot of attention. Axie is a very good example that a lot of people interested in this kind of project.
I think it will be trending for at least few months ahead.
sr. member
Activity: 2030
Merit: 269
August 15, 2021, 02:36:00 AM
I have been following NFT for a while and have noticed that the emergence of some animal coins has disrupted the market. Will the market be more stable in June?

Yes there are a lot of NFT and meme coins but I don't think they are disrupting the market, they are just the trend now but they will not create an impact in the market, because they are pump and dump coins, they are the trending coins now, just like what ICO in the past, once investors started losing money, they will leave the hype and soon these mem coins will disappear.
full member
Activity: 1708
Merit: 126
August 15, 2021, 02:20:52 AM
NFT games are on trend these days since they've seen how they could give a good profit and earnings by just playing which is fun and entertaining at the same time. Lots of people have noticed how it could provide a passive income so many are hooked to it. I believe that it could still go a long way in the future.
legendary
Activity: 2156
Merit: 1018
Buzz App - Spin wheel, farm rewards
August 15, 2021, 01:56:48 AM
too many meme coins using animal names , but i haven't got one like doge ,

nft this year will be a favorite of crypto lovers where nft is widely used in games
and also many artists participated in the making of nft. get ready fans if your artist makes nft
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