Topic: Is NFT's hype over? - page 6. (Read 2212 times)
The hype for nft might be over but there are still lots of nft that are doing very well in the market, most especially those tops eth nft projects, the likes of Solana NFT projects are not really pumping as usual due to the low hype and the sharp decline in Solana coin price, but on a good note the hype is not really over yet, just that the bear season of cryptocurrency market entirely makes it look so
Don't worry, NFT hype isn't over yet, it's just that NFT is still very low in demand,
because there are so many NFTs in freefall up to -90%, of course this is what makes traders or investors afraid to buy them now,
because the market is very bearish, I myself am still monitoring NFT from Ape at a cheap price
because there are so many NFTs in freefall up to -90%, of course this is what makes traders or investors afraid to buy them now,
because the market is very bearish, I myself am still monitoring NFT from Ape at a cheap price
I also believe it will not die, not sure if it will explode again but they will have a small market to keep growing for those who love it. NFT also has a lot of interesting things surrounding it, not just pure hype.
I also have the same belief as you. I think the blockchain technology at NFT gives great hope for digitizing various digital works. Even though it is now over supply, NFT will still be an option worth considering for buying and selling digital files. Its integration with cryptocurrencies and supporting technologies that are more accommodating and accessible to the public will probably determine the future of NFT in the future. 
the NFT hype has died down. but I see the consistency of NFT is maintained. Recently more and more artists and artists have entered the NFT world more and more. and NFT for games has become increasingly popular and has become commonplace among gamers. so I think NFT will stay consistent with the current situation and will be more widely used from now onwards. but I don't see NFT as an investment. NFT is only good for collectibles and hobbies.
Yes, indeed, while the market does not show its best side, and therefore the hype has subsided. But I think soon everything will resume and there will be even more interest among people. At the moment, there are promising game projects with NFT and they find their fans.
I think the the trend is still there since many company are still creating NFT for their promotional projects but sadly I think the NFT hype is over.
It's just low for now probably because of the market situation. I think it will boom again, am looking to seeing if some more features that will increase utility will be innovates and added.
I think it wont "boom" again. Trend is over. Every one has already understood that there is nothing behind this digital art and value of such "masterpieces" dont grow by itself. As a proof - try to remember when was the last time you have heard a celebrity or someone popular has bough NFT? What were recent the biggest news you have heard or read about NFT? When the last time you saw a $ million deal with NFT ?
Maybe it won't explode as strongly, but that's not the end of NFT, there will still be a small corner of NFT in the market. binance recently partnered with Cristiano Ronaldo and they plan to launch the NFT collection. Binance has not given up on NFTs yet, they are still working hard on investing and building them. I don't think NFT will die anytime soon like other trends.
https://www.binance.com/en/support/announcement/c91e9b1c1492456f9909e16f2ff3427e
In as much as I don't dig NFTs, I dont think the hype is over, even though sale volumes isn't as much as it used to be. There was even a lull in sales over at Opensea and Rarible before the bearish times caught up. I think it would still pump later when some aspect of it gets better, or more utilities pop up
Currently there is NFT ticketing which was utilized by Binance some days ago
Currently there is NFT ticketing which was utilized by Binance some days ago
Oh it will definitely "boom" again. I just doubt it will have the same "boom" as the first time, now that most people know how worthless NFTs actually are. Why would anyone pay for something that they supposedly own, yet copyright laws do not back it up? I think most people who bought NFTs were just hoping to sell it for a higher price to some poor fool who had no idea what they were doing but had a lot of money.
Newbies will continue to be duped by the NFT craze, hopefully it will die out soon.
Newbies will continue to be duped by the NFT craze, hopefully it will die out soon.
NFTs won't disappear just because there's so much money invested in them. Of course, 90% of NFTs are just garbage. But there are some good ones that are quite worth the investment. I'm pretty sure regulators will weigh in once NFTs become extremely popular. With legislation, the whole space will bring confidence to serious investors looking to obtain a good return of investment.
There are some prominent companies in the game, so it should only be a matter of time before NFTs gain traction once more. I'd say the hype is temporarily over because of the bear market. Just wait until prices go back up again to see people getting interested into NFTs again. Who knows what real use cases this new trend will bring to us in the next 10 years? Just my opinion
What do you think, the NFT HYIP is over or the interest in investments in the NFT projects is due to the fact that now the market began to appear to a greater extent, high-quality projects, but not a mountain of spam, when NFT created everyone who is not lazy?
The NFT market is one of the most speculative and there are fewer and fewer investors willing to take risks because of the bearish trend in all markets. I think that the NFT market is currently blown away and the next bubble will inflate only after the recovery of the crypto market. Personally, it seems to me that it is better to buy a token from the top 50 than to buy an NFT picture with a dubious future.
It's just low for now probably because of the market situation. I think it will boom again, am looking to seeing if some more features that will increase utility will be innovates and added.
Oh it will definitely "boom" again. I just doubt it will have the same "boom" as the first time, now that most people know how worthless NFTs actually are. Why would anyone pay for something that they supposedly own, yet copyright laws do not back it up? I think most people who bought NFTs were just hoping to sell it for a higher price to some poor fool who had no idea what they were doing but had a lot of money.
Newbies will continue to be duped by the NFT craze, hopefully it will die out soon.
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This is not a matter of declining interest in NFTs, but rather that investment has become widespread in several other NFTs, so the volume on an exchange will decrease. NFT can be traded on various exchanges, so Opensea volume is reduced. Apart from that, the condition of the exchange is getting worse and the crypto charts are turning towards the red, so investors are withdrawing their balances from the exchange again and investing in real assets.
FTs are just a fad camt really see what the current iterations of these "projects" are even needed for. I don't think nfts are useless but in theor current form I see no need for them.
I think the trend is still there since many company are still creating NFT for their promotional projects but sadly I think the NFT hype is over. Worst, many investors including me developed a biased hate towards independent developer that creates NFT stuff then ask for crowdfund.
The hype is over from a market sentiment point of view, but we have to remember that NFT is not the end but only a hype,
which is also natural, and for sure Hype will come back again, now there are NFT markets like Opensea, and of course Binance,
so don't worry about NFT ending, NFT is just the beginning
NFT still have alot thing to developt so will not depend on hype only , all us know if any project depend on hype it will not last for long time. especially about NFT gaming , alot space to developt for usage in play to earn games so demand could maintain and everything back to normal. which is also natural, and for sure Hype will come back again, now there are NFT markets like Opensea, and of course Binance,
so don't worry about NFT ending, NFT is just the beginning
The hype is over from a market sentiment point of view, but we have to remember that NFT is not the end but only a hype,
which is also natural, and for sure Hype will come back again, now there are NFT markets like Opensea, and of course Binance,
so don't worry about NFT ending, NFT is just the beginning
which is also natural, and for sure Hype will come back again, now there are NFT markets like Opensea, and of course Binance,
so don't worry about NFT ending, NFT is just the beginning
I think the general problem of the whole market is that the market is going down, which leads to the previous exaggerated trends that are difficult to sustain in this market. But the projects related to this field only seek to publish the product as soon as possible to the market. They do not care much about the solutions that are practical. They only bring about a negative environment. Perhaps similar to the previous hype trends, many projects related to this field will be eliminated from the market.
It's just low for now probably because of the market situation. I think it will boom again, am looking to seeing if some more features that will increase utility will be innovates and added.
Well, I think that one way that it can grow again is within the metaverses, that I really have no idea if projects that are reliable based on NFT are already being developed, for me it is important to know, because I know that everyone's heel the projects in 2021 and for which all the projects turned into a pyramid scheme was for the simple reason that the internal economy did not work, if they let people in everything would go down, and this is something that is very notable and to the Most investors at that time came out very badly, I think it will be very difficult to regain that confidence, unless it is developed by a casino.We can't say its over yet but sometimes is not good putting more efforts on over hypes project over especially NFTs, Metaverse, Web3. secondly couple with the market sentiments everyone is quietly on a low pressure watching and monitoring the market before entering trade. What i noticed is that it would mostly affects those who took NFTs as an investment.
NFTs won't work during this market situation because it will be hard for them to survive and resist it especially now that there's no occurrence of any hype. I also find it risky to invest in hyped NFT projects because based on my experience, they don't last long and only early investors would gain a good profit. I think the NFT era will strike again when the market recovers.
We can't say its over yet but sometimes is not good putting more efforts on over hypes project over especially NFTs, Metaverse, Web3. secondly couple with the market sentiments everyone is quietly on a low pressure watching and monitoring the market before entering trade. What i noticed is that it would mostly affects those who took NFTs as an investments.
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