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Topic: NFT could grow 35% by 2027 (Read 397 times)

hero member
Activity: 2562
Merit: 586
May 13, 2022, 02:06:03 PM
#44
To be honest, to this day I personally have not found any interest in NFT, only collections, and the logic is made so that the price is so valuable, so that there will be a price that is not so attractive, even though in the future there will be price potential, but that's impossible, people will get bored and just some people like NFT, NFT is just an image concept that gives value, such as an antique auction place, and then after the fall in the price of bitcoin, ethereum and BNB have an inherent quality of trust and they have become the character of assets that can be stored, what's more , NFT is appreciated by Crypto coins, the Underlay of NFT is still crypto, like money printing in a country there must be a gold reserve.
You do not have to find any logic in it, I do not find any logic in it neither, but the people who buy it should find some logic in it and not all do. That's the problem and that's what I criticize about as well. I mean think about it, there are some people who think that NFT's are stupid and make no sense and yet they still buy.

Because, they believe that they could make some money from this and that is all that matters to these people, making some money. If you do not believe in the long term aspects of a thing but think that you could mint it fresh and sell it for 2x more afterwards, you still get into it even if you think people who buy from you at 2x are doing the wrong thing.
newbie
Activity: 70
Merit: 0
May 12, 2022, 11:54:24 PM
#43
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
in my opinion it can be easily achievable, new projects growing fast as lightning, people are not so scared to invest in nft anymore, p2e nfts starting to take position in the market, also, wanna hear your thoughts on project "reptile chronicles", this dudes making game which is based on the lore they made.
newbie
Activity: 42
Merit: 0
May 12, 2022, 05:07:11 PM
#42
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

The NFT has a great future and I didn't understand people, who were so scared to invest in NFT. I am looking for some interesting NFT projects now, especially NFT-based games. Bros, I want to hear your opinion about one new Blockchain-based NFT Game "reptile chronicles". I think it is a really good project with unique lore and amazing arts. I will wait for your thoughts about this.
sr. member
Activity: 2660
Merit: 339
May 12, 2022, 02:16:37 PM
#41
To be honest, to this day I personally have not found any interest in NFT,
Well, you are not alone with that and if you will look around you, almost all people will say the same thing. For us, we are already contented on what the standard crypto has to offer and there is no need for more new additions in this space. The more those inventors think it will help, the more the crimes are happening. It only helps the reputation of crypto to go down.

even though in the future there will be price potential, but that's impossible, people will get bored
Maybe for some good quality nft's they have a chance to pump but that still can take a long time and before that happens, those who invest of those nft have already sold their nft's earlier because like you said, they got bored waiting. I think those people that invest on nft are only after the profit and not the idea behind it. They aren't like us crypto investors that have a faith on our coins because we believe on it's technology.
legendary
Activity: 3654
Merit: 1165
www.Crypto.Games: Multiple coins, multiple games
May 11, 2022, 12:00:17 PM
#40
I would guess that there are layers to something that stays in the crypto world and there are none when we are talking about useless ones that go down. I do not know which one this will become but I am sure that it will stay here for a while by the logic of just ownership. If we keep looking at the ape type of stuff then it will probably not become big.

But, imagine what you can sell with "limited edition" mindset in the movie business for example. Like let's say when Marvel had End Game coming up, and they created an NFT to be released at the release day, that way they would have sold 10k NFT's, some common ones would be like drax or mantis or whatever, and a bit more rare would be spiderman antman and what not, and the very top would be captain and iron man for example or even thanos. Wouldn't that be the biggest thing ever? Wouldn't they make millions from it? I mean sure they made 2+ billion lol, but who says no to a extra 10-20 million more?
member
Activity: 1134
Merit: 10
May 11, 2022, 03:58:34 AM
#39
To be honest, to this day I personally have not found any interest in NFT, only collections, and the logic is made so that the price is so valuable, so that there will be a price that is not so attractive, even though in the future there will be price potential, but that's impossible, people will get bored and just some people like NFT, NFT is just an image concept that gives value, such as an antique auction place, and then after the fall in the price of bitcoin, ethereum and BNB have an inherent quality of trust and they have become the character of assets that can be stored, what's more , NFT is appreciated by Crypto coins, the Underlay of NFT is still crypto, like money printing in a country there must be a gold reserve.
member
Activity: 1204
Merit: 11
May 11, 2022, 12:43:27 AM
#38
It's hard to predict that how much NFTs will grow by 2027 although the current popularity of NFTs is not same like it was few months ago it looks people are not taking much interest in NFT projects perhaps it's because of bad market conditions or maybe these days crypto community have eyes on some quality altcoins which are obviously in dip for example Bitcoin, Ethereum and BNB etc.
sr. member
Activity: 2380
Merit: 366
May 10, 2022, 09:27:11 PM
#37
NFT is here to stay for sure. With the help of blockchain, for me, NFT will stay as cryptocurrency is still evolving day by day.
It is already proven how NFT works and is useful, especially in the digital era in which day by day we are using technology and the internet which I admit that it is really helpful and more convenient.
Yeah for sure NFT growth is low which I can consider that we are still early, we still need more time.

Why do you particularly think that NFT will be here to stay?

Honestly, I also think that NFT is here to stay but I don't think that it will retain its hype.

I also think so. NFT will not completely leave the cryptocurrency scene. It will stay there for as long as cryptocurrency is still there, but not only will it not retain its hype, it will probably undergo a lot of transformation. I mean, the use of it especially.

And I believe that nft's can be a great asset of projects that has a real purpose, something that can create a real change here in crypto space and in our society.

What innovation can NFT give to the crypto space?

Probably a lot, but definitely not the kind that it is offering right now. NFT is definitely more than just expensive monkeys. NFT is definitely more than just Snoop Dog and Paris Hilton and others offering some kind of luxurious digital stuff which do not have any real practical use in life.
tyz
legendary
Activity: 3360
Merit: 1533
May 10, 2022, 08:15:14 AM
#36
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.

-snip->

I find such articles and such predictions unserious. I remember well how in 2016 and 2017 during the ICO hype it was predicted that there will be massive growth rates until 2020 and that projects in the future will mainly also set an ICO. Already 2-3 years later, there was hardly anything left to feel. Currently, there are hardly any such ICOs. Previously, the same thing had already happened with so-called colored coins and the same will happen with NFTs.
legendary
Activity: 3010
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May 10, 2022, 07:56:18 AM
#35
NFT is here to stay for sure. With the help of blockchain, for me, NFT will stay as cryptocurrency is still evolving day by day.
It is already proven how NFT works and is useful, especially in the digital era in which day by day we are using technology and the internet which I admit that it is really helpful and more convenient.
Yeah for sure NFT growth is low which I can consider that we are still early, we still need more time.

Why do you particularly think that NFT will be here to stay?

Honestly, I also think that NFT is here to stay but I don't think that it will retain its hype.

We should accept the fact that NFT really has the potential to become very valuable in the future.

In what sense that it will be very valuable?

It's just that now, most of them are just hype that's why some of them lose it's value quite fast. And most of them are just stuff without a purpose, no value, nothing. But if we will look on the greater things nft's can offer we will be convince that the possible growth can be more than 35%.

You already said it and I don't think its use-case will improve in the future.

And I believe that nft's can be a great asset of projects that has a real purpose, something that can create a real change here in crypto space and in our society.

What innovation can NFT give to the crypto space?

Yeah! unlike the failed trends back in the day, NFTs are supported by the big-time social media nowadays and they create their own version of it as well to join the revolution of the Metaverse. It's more likely to happen because, after last year's trend of NFTs, people still talking about it right now with more improvement because the good thing about the NFT today is the liquidity and the big companies are now getting involved because they that the trend is healthy for them to join it.

Does this media support change the fact that lots of NFT projects lost their value?  And does this  "big company involvement" save those investors who suffered huge losses because of the  NFT's unsustainable economic model.

full member
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May 10, 2022, 07:08:44 AM
#34
NFT does need to develop even better, so far NFT still has many shortcomings that must be developed to become more perfect in the future. In fact, we often hear that NFTs will be turned into digital letters such as land certificates, and that has never happened. What I expect from NFT in the future is, its high security and can be used as a token of ownership of real assets, it will look very good in the future use of NFT.
full member
Activity: 812
Merit: 126
May 10, 2022, 06:29:42 AM
#33
We should accept the fact that NFT really has the potential to become very valuable in the future. It's just that now, most of them are just hype that's why some of them lose it's value quite fast. And most of them are just stuff without a purpose, no value, nothing. But if we will look on the greater things nft's can offer we will be convince that the possible growth can be more than 35%. And I believe that nft's can be a great asset of projects that has a real purpose, something that can create a real change here in crypto space and in our society.
hero member
Activity: 2268
Merit: 588
You own the pen
May 10, 2022, 05:21:22 AM
#32
NFt demand is increasing day by day. World best Social media platform Instagram also looking to integrate Etherium,Polygon,Solona and flow. This is very big News and more Artist are taking interest in NFt. I think it can grow 25% by 2025

Yeah! unlike the failed trends back in the day, NFTs are supported by the big-time social media nowadays and they create their own version of it as well to join the revolution of the Metaverse. It's more likely to happen because, after last year's trend of NFTs, people still talking about it right now with more improvement because the good thing about the NFT today is the liquidity and the big companies are now getting involved because they that the trend is healthy for them to join it.
sr. member
Activity: 1638
Merit: 255
May 10, 2022, 03:45:34 AM
#31
Surely it will grow more , because indeed this year NFTs is really getting more attention and become so popular as well because of its features and etc that mostly people can really get a return afterwards and what's good in it is that anyone can go for NFTs not just big investors. So it will stay and grow more after how many years since mostly are legitimate.

The popularity of NFT began to increase in 2020-2021, in that year NFT became the attention of quite a lot of people, so NFT is still a booming trend.
Now that NFT has become a fairly high attraction in the crypto world, not even a few celebrities are getting interested in doing NFT transactions.
Because NFT is still a popular trend, now NFT can be a source of opportunity to earn profits. Therefore, it is likely that NFT will continue to grow
even more in the next few years. But the question is how long NFT will last, that's still a big question mark, because in the crypto world there will
always be new trends and there is a possibility that NFT can be replaced by new trends. So the possibility of NFT falling in the future is possible too,
but for now NFT is still popular and profitable. In conclusion, although NFT seems to have a good future, but still we must be wise and careful
when investing in NFT.
sr. member
Activity: 2016
Merit: 283
May 10, 2022, 01:15:10 AM
#30
Surely it will grow more , because indeed this year NFTs is really getting more attention and become so popular as well because of its features and etc that mostly people can really get a return afterwards and what's good in it is that anyone can go for NFTs not just big investors. So it will stay and grow more after how many years since mostly are legitimate.
hero member
Activity: 1106
Merit: 509
May 10, 2022, 01:08:01 AM
#29
yes, NFT assets now still haven't absorbed trading adoption in the market. they just create hype for some platforms and assets only. after that, there will be a lot of NFT assets in the market. but the realization of the use of NFT ownership is still in doubt.
The realization is still very lacking in the NFT field itself so there is not much ownership of NFT in everyone at this time and it still makes some people hesitate to buy more NFT, whether it is stored or for trading on certain platforms.
sr. member
Activity: 1722
Merit: 269
May 10, 2022, 01:01:36 AM
#28
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.

A growth by 35% within 5 years seems like a positive but still a very realistic forecast to me and is a nice little exception of all those other forecasts that people are making withing the crypto space like: "Bitcoin will reach a price of 1 Million USD each by 2025" and stuff like that. I can definitely imagine that there are 35% more NFT's minte in 2027 than there are now i would even say this is a very conservative forecast because minting NFT's has become more and more easy. The question is will all this NFT's also have a real value in terms of use case and will they also have a real demand so that people are willing to pay for them. If they are just minted once and never touched again then they are pretty useless in my opinion.
hero member
Activity: 2520
Merit: 711
May 10, 2022, 12:45:17 AM
#27
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.


Until 2027, the NFT market may grow several times. The uses for NFTs are constantly expanding, and it has long been more than just a collectibles or in-game asset market. NFTs will become more in demand in sectors where proof of ownership is important: virtual real estate, clothing and in-game assets, and the ticket market. Most likely, NFTs will increasingly be used as a digital marking of various goods or during the verification of various documents.
sr. member
Activity: 1372
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May 09, 2022, 09:56:52 PM
#26
I was at   Amsterdam in Modern Art Museum, there was exhibition of NFT!! so I am sure it will grow 1000% soon
What NFT is on display there and what NFT art will grow to 1000% ?
because so far I haven't seen any NFT growing up to 1000% after you said this because NFT actually still needs more development.
yes, NFT assets now still haven't absorbed trading adoption in the market. they just create hype for some platforms and assets only. after that, there will be a lot of NFT assets in the market. but the realization of the use of NFT ownership is still in doubt.
it seems that the current direction of technological development is indeed leading to the adoption of the growth of the Metaverse project. but we don't know what the future holds for this technology.
I think for now there is no need to think about holding NFT assets in the long term.
sr. member
Activity: 2380
Merit: 366
May 09, 2022, 09:50:15 PM
#25
NFT is here to stay for sure. With the help of blockchain, for me, NFT will stay as cryptocurrency is still evolving day by day.
It is already proven how NFT works and is useful, especially in the digital era in which day by day we are using technology and the internet which I admit that it is really helpful and more convenient.
Yeah for sure NFT growth is low which I can consider that we are still early, we still need more time.

Why do you particularly think that NFT will be here to stay?

With how NFT is currently being used to only serve more on the aspects of creating digital pictures which are sold with exaggerated prices, do you think it has already proven how NFT really works and how useful it could actually be?

Do you seriously think that NFT is a lasting technological innovation or do you think that it is just another kind of hype in the crypto market?
hero member
Activity: 2044
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May 09, 2022, 08:38:11 PM
#24
The failure of currently NFTs doesn't mean NFTs don't have a bright future ahead. It's totally possible for NFT industry to grow a lot in the coming years once professional and serious projects continue being developed in the gaming niche. We only hear about the scam and boring NFT projects because they are the ones being offered to the public in record time, while top notch projects take several years until being ready to be launched.

This prediction is in fact very conservative, because NFTs have potential to grow much more than 35% by 2027. In the future it will be possible for people to live from the income they make legally through NFTs with their characteres in virtual online worlds. And this future shouldn't be too far from us... Some games have already reached really close, but lacked basic principles necessary to every environments which contain human beings interacting among themselves.
legendary
Activity: 2506
Merit: 1394
May 09, 2022, 08:34:29 PM
#23
NFT is here to stay for sure. With the help of blockchain, for me, NFT will stay as cryptocurrency is still evolving day by day.
It is already proven how NFT works and is useful, especially in the digital era in which day by day we are using technology and the internet which I admit that it is really helpful and more convenient.
Yeah for sure NFT growth is low which I can consider that we are still early, we still need more time.
legendary
Activity: 3010
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May 09, 2022, 06:11:07 PM
#22
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?

Don't compare the Internet to NFTs.  They are entirely on a different level.

NFTs may have a bright future despite google trends and despite a recent slump in sales.

Don't hold too many hopes because the NFT craze is already over.

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.

It is only applicable to a sustainable market environment.  With the NFT market structured as a Ponzi scheme and with almost no utility, I don't think it will recover once the market got dumped.  The only thing that will work is when the Dev or whales decided to manipulate the market, hype, and pump it for their own benefits.  
sr. member
Activity: 1183
Merit: 251
May 09, 2022, 05:41:03 PM
#21
it seems after all NFT has gotten implemented in various field left and right like you can see how many big companies out there are trying hard in implementing NFT in their platform like samsung, etc.
it’s no wonder if NFT is getting foreseen as having 35% growth in the future in terms of market capitalization. although this bearish market could very well destroy that dreams if btc goes below $20k
i’m sure so many NFT project will become a dead project and that I doubt could help with the 35% growth.
sr. member
Activity: 1554
Merit: 413
May 09, 2022, 05:16:28 PM
#20
NFT is still a mystery so far, I mean I believe the concept of NFT has not yet reached its final stage, they only focus on what NFT has achieved so far, there are still many projects that have not dared to try other things with NFT. In the past we always heard that NFT would become digital mail, but so far no one has been able to achieve it, maybe in a few years it will happen. We'll see the final NFT concept if we wait patiently for the next few years.
Yes there are some plans for new use of NFTs flying around but a lot of these concepts will most likely not materialize because they are impractical. I don't think there's a "final" but we have probably seen the best markets for NFTs like gaming and gambling.
legendary
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May 09, 2022, 04:44:03 PM
#19

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%.


Yet as press talks about NFTs they are counting everything into it. We can look at this as the Bored Ape Yacht Club floor price to have more accurate interest rate, and as we can see it dropped hard but it's barely dead at all.

newbie
Activity: 42
Merit: 0
May 09, 2022, 03:58:05 PM
#18
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

I think that it is just the beginning of NFT. But In my opinion, NFT-arts is a bad way to invest. I am sure that NFT-based games have a great future, so in the early future, we will see fascinating p2e games. I recently heard about the project "reptile chronicles". Have you heard about this project? They have really good arts and novels about three clans of reptiles (This atmosphere reminds me of an epic novel The Lord of the Rings). I hope that this game will not disappoint me.
legendary
Activity: 2268
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To the Moon
May 08, 2022, 10:12:11 AM
#17
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...

In his article, the Wall Street Journal, based on the research collected by the resource http://nonfungible.com/ more pessimistic than you are. Since November last year, the number of active NFT wallets has decreased from 119 thousand to 14 thousand: https://www.wsj.com/articles/nft-sales-are-flatlining-11651552616 In addition, eight months ago, an average of 225000 NFT were sold daily, now this value has dropped to 19000. Thus, we see that the interest among investors in NFT is steadily decreasing.
sr. member
Activity: 1162
Merit: 260
May 08, 2022, 08:49:38 AM
#16
35% growth is kinda easy honestly, even it could achieved by months, you could imagine if twitter implements and integrate the NFT technology into their platform because as you know twitter just bought by elon
and it seems elon is also fond with the idea of twitter becoming cryptocurrency social media platform, i’m sure he could find some way of monetizing this technology through the use of twitter in the future and by then
it could increase the overall valuation of NFT by tremendous amount.
hero member
Activity: 3052
Merit: 651
May 08, 2022, 07:56:39 AM
#15
That's optimistic but I doubt it will come true in this era of cryptocurrencies.
Don't you see what is happening? The POV is to make money in a short span of time and that means they will withdraw if they see gains. Then they get over it and find a new investment hype.
There might be a chance you will be left alone waiting for that 35% that would not even come. What kind of NFT are you buying? It should have the feature of a possible long term investment.
newbie
Activity: 23
Merit: 21
May 08, 2022, 07:41:34 AM
#14
Maybe or maybe not, coins and tokens are certain to grow higher in future but not NFTs, Metaverse is far from completion for now but once it's complete the hype will be back, to me NFTs can easily fail and be ignored more than Metaverse in near future.
hero member
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May 08, 2022, 07:31:52 AM
#13
NFT could grow bigger but NFT could down too because that is what happened in the crypto. If NFT trend can still get attention from people, NFT can grow and transform to better but if it's not, we may not see NFT like today because I think NFT can modify into a new form that can function better than now. For now, I think NFT still needs further development to be able to provide something different for people so it's likely that NFT will depend on the public's response.
full member
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May 08, 2022, 06:38:51 AM
#12
NFT is still a mystery so far, I mean I believe the concept of NFT has not yet reached its final stage, they only focus on what NFT has achieved so far, there are still many projects that have not dared to try other things with NFT. In the past we always heard that NFT would become digital mail, but so far no one has been able to achieve it, maybe in a few years it will happen. We'll see the final NFT concept if we wait patiently for the next few years.
legendary
Activity: 3276
Merit: 2442
May 08, 2022, 06:02:35 AM
#11
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 ...
Source (Spanish): https://es.cointelegraph.com/news/nft-market-well-positioned-to-grow-35-into-a-13-6b-industry-by-2027

Sounds like bullshit to me. When inflation goes rampant and fuel prices are climbing, people will have to make a choice between making investments and buying bread. Then we will see the real value of those NFT's. Let's see the inflation number from the US tomorrow first.

I wouldn't touch NFT's with a 10ft pole right now. This is a worse scam than the ICO's.
full member
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Pepemo.vip
May 08, 2022, 05:55:48 AM
#10
The trend towards NFT projects and initiatives is increasing day by day. If Bitcoin recovers, NFT contributions will be massive. Cryptocurrency investments are now down and therefore the NFT craze is in a stagnant state. Regardless, NFT will be a very growing market in the next 3 years.
hero member
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Eloncoin.org - Mars, here we come!
May 08, 2022, 05:45:59 AM
#9
NFt demand is increasing day by day. World best Social media platform Instagram also looking to integrate Etherium,Polygon,Solona and flow. This is very big News and more Artist are taking interest in NFt. I think it can grow 25% by 2025
legendary
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Leading Crypto Sports Betting & Casino Platform
May 08, 2022, 04:09:47 AM
#8
I doubt that. I am buying NFT but I don't consider keeping it that long. Investors will do the same if they see an opportunity to sell at a good profit. I suggest doing the same because right now there is uncertainty in every investment. People do grow tired of things easily now and soon they will find something new that will entertain them while making money.
I believe there are NFTs that are made for the long term, but how rare are them will be the biggest question while keeping the value intact or more.
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Syntrum.com
May 08, 2022, 03:35:59 AM
#7
NFTs and Metaverse are now a bigger part of crypto world, either market crashes or not this can't be erased like ICO ever again, there are way too many funds and believe in Metaverse/NFTs now and millions don't want this to fail, as for me I will just keep holding NFTs that can be used in a play to earn projects only.
legendary
Activity: 2156
Merit: 1622
May 08, 2022, 03:21:43 AM
#6
I could also talk about it to those who owned shares in Amazon or Ebay and sold them. But I think we fundamentally agree. At least 99% of NFTs today will be worth 0 in a few years, and it will be difficult to select the survivors. But that does not mean we will stop talking about NFTs, just as we did not stop talking about the internet in 2000-2002, or bitcoin in 2014, or altcoins in 2018.

Those who sold Amazon during dot.com bubble had and option to buy back almost 20 times cheaper. No matter how good project was. After dot.com bubble everything dumped at least 80%. Amazon from 100$ to 7$. Ebay from 24$ to 4$.

But yes. We can talk about this bot not as good investment anymore.
legendary
Activity: 1358
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The first decentralized crypto betting platform
May 08, 2022, 03:16:43 AM
#5
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.  

I could also talk about it to those who owned shares in Amazon or Ebay and sold them. But I think we fundamentally agree. At least 99% of NFTs today will be worth 0 in a few years, and it will be difficult to select the survivors. But that does not mean we will stop talking about NFTs, just as we did not stop talking about the internet in 2000-2002, or bitcoin in 2014, or altcoins in 2018.
legendary
Activity: 2156
Merit: 1622
May 08, 2022, 02:59:00 AM
#4
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.  
legendary
Activity: 1358
Merit: 1565
The first decentralized crypto betting platform
May 08, 2022, 02:54:36 AM
#3
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.
legendary
Activity: 2156
Merit: 1622
May 08, 2022, 02:40:50 AM
#2
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.
member
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Merit: 24
May 07, 2022, 07:38:04 PM
#1
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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