Let’s Talk NFTs: What’s Happening in the Market Right Now? 🎨🚀

South Park

hero member

Activity: 2884

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I am terrible at Fantasy Football!!!

Quote from: shinratensei_ on November 23, 2024, 10:45:41 PM

Quote from: binanceautotrader on November 22, 2024, 10:41:36 AM

What NFT projects are you currently following or investing in?
Do you think NFTs are evolving beyond art into more practical uses (e.g., ticketing, real estate, memberships)?
How has the recent crypto market influenced NFT trading volumes?
What are your predictions for the next big trend in NFTs?

1. Personally i don't really follow NFT project anymore, the big NFT already established their community and their floor price, and there's rarely any new NFT that become popular.
2. many project already utilized NFT for membership, maybe some RWA project also trying to take advantage of NFT, but so far no real progress that could change the sentiment toward NFT being seen as just pump and dump tool.
3. I still see no indication of NFT market having massive influx of money which equates to more trading volume.
4. honestly can't predict any upcoming trend because with NFT it's still unclear what direction they are taking.

NFTs had their time on the spotlight and it has ended, I doubt we will ever see the demand we saw for them and it is not difficult to understand why, when 99% of those that trusted on those projects lost everything and only 1% earned all the money, it is obvious that with such disparity on the income of those two groups, those that were on the fence about it decided to skip NFTs for good, since they are not willing to throw away their money to scammers and other people like them.

o48o

legendary

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Leading Crypto Sports Betting & Casino Platform

Quote from: binanceautotrader on November 22, 2024, 10:41:36 AM

-cut-
What NFT projects are you currently following or investing in?
Do you think NFTs are evolving beyond art into more practical uses (e.g., ticketing, real estate, memberships)?
How has the recent crypto market influenced NFT trading volumes?
What are your predictions for the next big trend in NFTs?

1. I am not really following any one thing. I have recently started to browse them and figure out which chain has most buzz under them other than eth for future potential, but i also want them to be affordable.

2. Yes, practical uses are coming, but not in a way we think about nfts now. I've already said this example, but nfts are already being used to represent liquidity pools in uniswap. That's how it's going to work. As a tech underneath, not as some collectables. But collectable nfts with linked images aren't going anywhere either, and NFTs will always be known for them only.

There might be some gaming related nfts, but that works only if the platform that games are in are decentralized. I don't think any big games will risk legal consequences as people don't even own the games these days. They just own the access to play games, which can be taken away.

3. Trend isn't going to be anything radical imho, but some new collectables and old big ones, like these:

shinratensei_

legendary

Activity: 3346

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Leading Crypto Sports Betting & Casino Platform

Quote from: binanceautotrader on November 22, 2024, 10:41:36 AM

What NFT projects are you currently following or investing in?
Do you think NFTs are evolving beyond art into more practical uses (e.g., ticketing, real estate, memberships)?
How has the recent crypto market influenced NFT trading volumes?
What are your predictions for the next big trend in NFTs?

1. Personally i don't really follow NFT project anymore, the big NFT already established their community and their floor price, and there's rarely any new NFT that become popular.
2. many project already utilized NFT for membership, maybe some RWA project also trying to take advantage of NFT, but so far no real progress that could change the sentiment toward NFT being seen as just pump and dump tool.
3. I still see no indication of NFT market having massive influx of money which equates to more trading volume.
4. honestly can't predict any upcoming trend because with NFT it's still unclear what direction they are taking.

binanceautotrader

jr. member

Activity: 37

Merit: 4

Hey everyone! 👋

The NFT market has been a rollercoaster over the past couple of years, and it seems like new trends and projects pop up every day. From digital art and collectibles to gaming assets and utility-driven NFTs, there’s so much happening, and I’d love to hear everyone’s thoughts on the current state of the market.

Some questions to get the discussion started:

What NFT projects are you currently following or investing in?
Do you think NFTs are evolving beyond art into more practical uses (e.g., ticketing, real estate, memberships)?
How has the recent crypto market influenced NFT trading volumes?
What are your predictions for the next big trend in NFTs?

Whether you’re a seasoned collector, a casual observer, or just getting started, feel free to share your insights, experiences, or even ask questions. Let’s keep this an open space to exchange ideas and stay updated on this fascinating corner of the crypto world!

Looking forward to your replies! 🚀💬

Topic: Let’s Talk NFTs: What’s Happening in the Market Right Now? 🎨🚀 (Read 96 times)