NFT could grow 35% by 2027 - page 3.

Tytanowy Janusz

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Quote from: Don Pedro Dinero on May 08, 2022, 03:54:36 AM

I don't quite understand you. Did the internet end when the .com bubble burst in 2000? NFTs may have a bright future despite google trends and despite a recent slump in sales. Another thing is that when a new market opens up and becomes profitable it often overheats and has to cool down to follow a healthy upward trend.

Ok. Tell that to altavista investors. Tell that to every 1999 companies baghodlers where all of them dumped 80-95% and only 5% of them recoved (amazon, google and few more). Rest of them are dead now. So good luck investing in NFT or NFT platforms right after bubble. Lose 90% of portfolio hoping that the rest 10% will recover where you have only 5% of success.

Bright future for nft can start in 2025, 2030, or 2035 ... but most likely not with bags you have now.

Don Pedro Dinero

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Quote from: Tytanowy Janusz on May 08, 2022, 03:40:50 AM

And now in May 2022 some people are still excited about this? man... Its 6 month too late to be excited about this tech. Its about to dump 90-99% like with every new tech that just after bubble stage. Just like dot.com just like bitcoin in 2014 just like altcoins in 2018.

I don't quite understand you. Did the internet end when the .com bubble burst in 2000? NFTs may have a bright future despite google trends and despite a recent slump in sales. Another thing is that when a new market opens up and becomes profitable it often overheats and has to cool down to follow a healthy upward trend.

Tytanowy Janusz

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Quote from: MARK21 on May 07, 2022, 08:38:04 PM

It is somewhat surprising how NFTs are increasing, we hope that in these 5 years in the future they will be able to spread more. With the news reflecting growing interest in the non-fungible token (NFT) space among current investors, new research predicts that the current $3 billion market size will reach $13.6 billion by the end of 2027.

Its somewhat surprising how people dont see how everything changes in front of their eyes and continue to read few month old artciles or new articles based on old data and produce even more content based on old data. NFT hype bubble is gone. No need to be a necromancer.

Google trends shows that NFT was the most popular in 2-8 Jan 2022. Its May you know? the popularity of typing the NFT phrase decreased by 80%.

"As per the CryptoSlam data, NFT global sales have dropped after their record highs in January this year. While a downturn is also witnessed in a number of unique buyers and sellers and hence further dragging down the total transactions."
https://www.livemint.com/market/cryptocurrency/is-nft-market-losing-steam-global-sales-volume-halves-in-mar-11650200138313.html

This proves that NFT bubble popped in Jan and in april number of NFT trades dumped by half... I bet it dumped by another half in last month.

And now in May 2022 some people are still excited about this? man... Its 6 month too late to be excited about this tech. Its about to dump 90-99% like with every new tech that just after bubble stage. Just like dot.com just like bitcoin in 2014 just like altcoins in 2018.

MARK21

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It is somewhat surprising how NFTs are increasing, we hope that in these 5 years in the future they will be able to spread more. With the news reflecting growing interest in the non-fungible token (NFT) space among current investors, new research predicts that the current $3 billion market size will reach $13.6 billion by the end of 2027.

Quote

In the next five years, the key factors linked to the global rise of NFTs will continue to be the growing involvement of influencers, gaming communities, and the growing demand for digital artwork.

Interestingly, the Mexican women's team was made known, launching a new NFT collection.

Source of the Mexican women's team (In Spanish): https://es.cointelegraph.com/news/mexican-womens-soccer-team-launches-new-collection-of-nfts

The trend of the NFT market was also revealed, here is an image:

Image: https://s3.cointelegraph.com/uploads/2022-05/0ebd8131-9816-4613-ab52-18330ed9db66.jpg

Global NFT Market Trends.
Source: MarketsandMarkets

Also MarketsandMarkets cited this trend:

Quote

"APAC countries are emerging towards constant developments and market launches in the given sector to offer creators and buyers the same opportunities in the ecosystem."

Source (Spanish): https://es.cointelegraph.com/news/nft-market-well-positioned-to-grow-35-into-a-13-6b-industry-by-2027

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