Is NFT's hype over? - page 9. | Bitcointalksearch.org

molsewid

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Quote from: Godday on May 22, 2022, 06:51:49 AM

For now I think NFT is still in development stage. As we already know that NFT just started to be popular in early 2021 and that's also because of the trending of some projects on NFT. I think NFT is currently trying to transform into something more useful in the future. I mean nowadays most NFTs just follow the hype or trend. Most of today's NFT is something I don't think is useful for much. And of course that is my personal opinion..

It is not yet over, it may show that many projects now shows their own NFT version but didn't succeed, the hype is not yet over it is just that it is slow down now because of the market situation right now. Every year there will be new thing about crypto, nft and metaverse are not yet over, after this dip maybe the craze will start again.

fedelowe

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Quote from: $anounimus$ on May 11, 2022, 12:54:40 PM

This trend will continue to develop rapidly however I think the end of the NFT hype is near but in the long run and not everything will work out there will be at least one or two high-quality and successful projects built on this technology which certainly brings confidence to the market.

I think that end of the hype is not so close, you are right that mostly there will be only few projects that leads the market but still so many new m2e, p2e that is not minted yet

Godday

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For now I think NFT is still in development stage. As we already know that NFT just started to be popular in early 2021 and that's also because of the trending of some projects on NFT. I think NFT is currently trying to transform into something more useful in the future. I mean nowadays most NFTs just follow the hype or trend. Most of today's NFT is something I don't think is useful for much. And of course that is my personal opinion..

Grim149x

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Quote from: Xal0lex on April 10, 2022, 03:54:51 PM

Judging by the latest news, I noticed that the interest of NFT industry leaves a double impression. On the one hand in the same March there was a drop in interest in NFT from retail traders and those interested in this direction of the crypto industry.

This is also reflected in the drop in trading volumes on OpenSea and a decrease in the number of searches on Google. That is, according to these factors we can conclude that the NFT haip is coming to an end. But on the other hand in March venture capital investments were mostly in the NFT projects.

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?

may be yes for now . the reason is beacuse the bitcoin has drop thats why all coins projects nft etc is down . but may be later if the bitcoin is bull trend again or uptrend . mybe nft will be profitable again.

nimogsm

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Still in trend, now there is more emphasis on different sports applications, now they talk a lot about steps and sneakers, in essence, everything is the same.In a few months there will be a new trend no longer with running and walking, but with bicycles, for example. NFT will be on trend for a long time, this is a convenient tool.

GatotKaca

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Quote from: kawetsriyanto on May 20, 2022, 04:57:30 PM

Actually, NFT is still ongoing and popular in certain cases. However, yes the hype is not as high as several months ago when the NFT was very booming and many hype NFTs are emerging to the world. AT that time, many parties seem like going to make their NFT and promote it on the NFT platforms, many people (also new investors that don't know about crypto) also bought NFT because of the Hype. But right now, the talks about NFT seem decreasing, doesn't it?

we no longer see many communities talking about good NFT assets to buy. maybe all closed because of the Luna incident. it puts the whole community into focus with the asset. NFT will probably be a little dimmer again.

legcramp

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Where do you guys go to look into NFT-related stuff?

funteki

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Quote from: dansus021 on April 10, 2022, 09:59:51 PM

Quote from: Eddyc on April 10, 2022, 05:13:59 PM

Excellent survey and a great discussion to ponder. However, we know that Bitcoin is the direct influencer of the entire market because when it's high Ethereum, Binance, Solana, Avalanche, Polygon and Fantom, that is, the main ones in the NFT segment, it increases according to the Bitcoin Hype. In my opinion, the NFT market is embryonic and has not yet shown its potential and variations.

It's too early to define the failure of this segment.

Aggreed btc is always become the main reason Grin

But i do believe NFT is not over yet because the hype of metaverse project still hot till date and you guys know that metaverse and play to earn game is cant be separated

Not only metaverse a lot new type of projects coming on the market, btw nft p2es hype is only growing, some of new projects will pump for sure

kawetsriyanto

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Actually, NFT is still ongoing and popular in certain cases. However, yes the hype is not as high as several months ago when the NFT was very booming and many hype NFTs are emerging to the world. AT that time, many parties seem like going to make their NFT and promote it on the NFT platforms, many people (also new investors that don't know about crypto) also bought NFT because of the Hype. But right now, the talks about NFT seem decreasing, doesn't it?

Oilacris

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Quote from: isaac_clarke22 on May 18, 2022, 03:48:33 PM

Quote from: Natalim on May 11, 2022, 06:00:31 PM

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Maybe or maybe not. People could had fully left the NFT space just after the hype was over and just move on and go back to their usual daily stuffs. If I was like a player of many NFT games and this hype just died out, I would just quit it and never come back again.
The Axie hype in here just seemingly died out or that would just be around my social circle as I never heard anyone mentioning SLPs since a couple of months ago.

NFT doesnt only circles around on games that is currently on the market which come to think that it had been started to those pictures that flooded out in the market and later on these games

had surfaced out which is also part of this NFT game.It isnt really that over yet because we've seen that there are still lots who had been marketing their own nft's which i could

say that it is already that saturated and it would really be coming into a time where this would really be going like with ICO.

Razanm90

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Quote from: Xal0lex on April 10, 2022, 03:54:51 PM

Judging by the latest news, I noticed that the interest of NFT industry leaves a double impression. On the one hand in the same March there was a drop in interest in NFT from retail traders and those interested in this direction of the crypto industry.

https://i.imgur.com/mxWw6b1.png

This is also reflected in the drop in trading volumes on OpenSea and a decrease in the number of searches on Google. That is, according to these factors we can conclude that the NFT haip is coming to an end. But on the other hand in March venture capital investments were mostly in the NFT projects.

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?

In my opinion, it is beginning for NFT, especially if we say about NFT Gaming. I am involved in one interesting NFT project "reptile chronicles". Their content is amazing, friends. I watched their cinematicks and it reminds me a good old fantasy games. Have you heard about this project? What do you think about that?

Xal0lex

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Quote from: fedelowe on May 18, 2022, 09:03:45 PM

in my opinion hype isn't over its only will grow, p2e is getting more popular, its gonna be a new era, projects giving so many features that hype growing every day, like one project reptile chronicles, they give 1% of all market sales for a legendary nft

You mix such notions as hype and the development of the NFT industry itself, these are different things and they have different goals. A hype lasts for a short period of time, during it a huge number of projects appear, with and without a product, everything grows. Even something that doesn't have anything special grows because people buy everything in a hype. Anything that has the word NFT in it. And the development of the industry means a further emergence of projects, increasing prices, adoption, etc., but all projects will be released, having some kind of product, not just a pacifier, which was taken down to make a quick profit.

So, what you listed - this is not a hype, it's a natural evolution of technology, and the hype has passed. Also, a hype and popularity are not synonymous.

fedelowe

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Quote from: Xal0lex on April 10, 2022, 03:54:51 PM

Judging by the latest news, I noticed that the interest of NFT industry leaves a double impression. On the one hand in the same March there was a drop in interest in NFT from retail traders and those interested in this direction of the crypto industry.

https://i.imgur.com/mxWw6b1.png

This is also reflected in the drop in trading volumes on OpenSea and a decrease in the number of searches on Google. That is, according to these factors we can conclude that the NFT haip is coming to an end. But on the other hand in March venture capital investments were mostly in the NFT projects.

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?

in my opinion hype isn't over its only will grow, p2e is getting more popular, its gonna be a new era, projects giving so many features that hype growing every day, like one project reptile chronicles, they give 1% of all market sales for a legendary nft

isaac_clarke22

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Quote from: Natalim on May 11, 2022, 06:00:31 PM

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Maybe or maybe not. People could had fully left the NFT space just after the hype was over and just move on and go back to their usual daily stuffs. If I was like a player of many NFT games and this hype just died out, I would just quit it and never come back again.
The Axie hype in here just seemingly died out or that would just be around my social circle as I never heard anyone mentioning SLPs since a couple of months ago.

bitkanu

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Quote from: NewRanger on May 11, 2022, 10:57:02 AM

today NFT project shifted to move to earn concept , which only by walking we will got token . alot people interested with concept ,maybe alot people outside crypto community will try this games. maybe if bitcoin still hold and not hardcrash like current condition , maybe project that build this move to earn will lead market bullish movement. but today most of altcoin drop more than 50%. it is very sad but we could not avoid it

any project that are move to earn concept are just temporary trend more or less the same like meme coin because frankly there is no real sustaining economic model behind any altcoin that are using concept of move to earn.
it's kinda different with NFT arts and games in general that could be having various economic model.
I mean no one in this planet are willing to pay anyone just to walk for long term, maybe there is for short term just to increase the trend but for long term, I could hardly see anyone gonna invest into these kind of altcoins.

RavenRenee

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Quote from: Xal0lex on April 10, 2022, 03:54:51 PM

Judging by the latest news, I noticed that the interest of NFT industry leaves a double impression. On the one hand in the same March there was a drop in interest in NFT from retail traders and those interested in this direction of the crypto industry.

https://i.imgur.com/mxWw6b1.png

This is also reflected in the drop in trading volumes on OpenSea and a decrease in the number of searches on Google. That is, according to these factors we can conclude that the NFT haip is coming to an end. But on the other hand in March venture capital investments were mostly in the NFT projects.

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?

In my opinion the hype is not over. So I want to invest in some interesting NFT projects, especially I want to take part in p2e games. I recently saw a tweets aboun one interesting NFT project "reptile chronicles". Their cinematics in YT are so cool. Have you heard about that? I want to hear you opinions about this game.

Xal0lex

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And what makes you think that if you participate in several promising projects, it means that the hype is not over. The end of a hype does not mean that new NFT projects will no longer appear. A hype implies some wave of projects that appear because of a trend. DeFi hype, for example, ended 2 years ago, but projects appear until now and will continue to appear. Only now these projects are more sensible and of higher quality than what appeared in the period of hype when the market was flooded with a huge number of scams, projects, duds and copycats. The same thing is happening with NFT.

Razanm90

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Quote from: Xal0lex on April 10, 2022, 03:54:51 PM

Judging by the latest news, I noticed that the interest of NFT industry leaves a double impression. On the one hand in the same March there was a drop in interest in NFT from retail traders and those interested in this direction of the crypto industry.

https://i.imgur.com/mxWw6b1.png

This is also reflected in the drop in trading volumes on OpenSea and a decrease in the number of searches on Google. That is, according to these factors we can conclude that the NFT haip is coming to an end. But on the other hand in March venture capital investments were mostly in the NFT projects.

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 hype is not over, it is just beginning for NFT. I am involved in some interesting NFT projects and I am sure that they will succeed in nearly future. If you want to take part in one NFT project, I recommend you take a look at the new Blockchain-based NFT Game with unique lore and amazing arts. Also, they have a really beautiful website: https://rchronicles.org.

Emitdama

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Quote from: inanilujimi on May 10, 2022, 09:13:49 PM

If for high quality nft it will not fade like gozali's NFT, many NFTs now have useful uses even though at high prices there are still enthusiasts to have them, I believe nft will continue to get hype if it has high quality qualifications.

I don't mind spending hundreds or even thousands of dollars for an nft that have a good use case than those expensive nft's that are only good for flipping. I think what drives those nft's are just pure hype but if a poor quality nft can get hyped, how much more the high quality nft's? Although the hype for the overall nft's have now decreased dramatically. I think people start to realize that the classical cryptos are still the best. There are still some that invest on nft's but they don't prioritize it anymore.

Quote from: lalabotax on May 10, 2022, 04:53:22 PM

people who don't know about NFT and crypto also talk about NFT.

Really? Lol. I think it's clear that those people don't want to get left behind on what is the current trend but now that the hype of nft is slowly diminishing, I am curious if where are those people now?

Natalim

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Quote from: isaac_clarke22 on May 11, 2022, 12:58:29 PM

Quote from: TheUltraElite on May 11, 2022, 10:41:07 AM

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Well people here in my country racking up their SLP are kind of not hyped right now considering that we are also in the bearish market right now. It has indeed slow down, but who knows if the hype would continue.
It is still a "trend" considering that there is still yet another crypto terminology to be hyped soon surely.
We'll know for sure if the hype is going to continue after Bitcoin recovers.

With the current market condition, we can never expect such hype anymore, maybe soon after this bear.
But what I see these NFT projects including SLP, their trend is getting worse, prices went declining even before the bear trend. That I would say their trend is likely over and metaverses taking over it however, it was still believed that some of them have the potential than these metaverses projects which we could think they will still survive despite the difficult situation we may face.

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