NFT is an interesting space - page 17.

WalkerIVIV

hero member

Activity: 2436

Merit: 503

Cryptocasino.com

Quote from: Bitstar_coin on March 11, 2021, 03:20:31 PM

Am pretty sure soon NFT will be very popular in the coming months, however, just like the way the popularity will be huge so will be the scam projects that will take advantage of the situation.

NFT already popular right now dude and did you see the latest news about how so many people are very interesting with NFT? some nft became valuable and more entities will try to use NFT as a way to sale the rare asset. I don't think scammer can take the advantage from this trend consider the only NFT that being issued by the trusted entity will be very valuable.
To sell NFT is not so easy like you are creating scam token dude

Renampun

sr. member

Activity: 2338

Merit: 365

Catalog Websites

Quote from: coingecko on April 04, 2019, 01:14:11 AM

Non-Fungible Tokens (NFTs) has been under the radar for the longest time, other than when cryptokitties jammed the Ethereum network.

The initial impression of NFTs is just a nice to have collectible, but if you look deep enough NFT can actually lead the industry a long way.

The most interesting concept of NFT at the moment is in the traditional gaming industry, all the characters, items, skins, equipments and skills you own in one game can only be used within that game itself.
But with NFT, all these collections that you have could potentially be transferable and usable in other games as well. One significant difference is the money you spent in one game will not go to waste, while the other risk that are taken off is if the game developers does not want to support the game anymore, your collections can still be used in other games.

At the moment, gaming is the largest potential for NFT, but lets not exclude any possibilities of it being used in other industries.

I thought I was a little late finding out what an NFT is and what it does 'lol'...
The concept is of course interesting and really the gaming market is very broad, so the potential for NFT to become a new trend is huge, especially with the increasing number of public figures campaigning for NFT like Elon's wife.

Bitstar_coin

hero member

Activity: 2478

Merit: 695

SecureShift.io | Crypto-Exchange

Am pretty sure soon NFT will be very popular in the coming months, however, just like the way the popularity will be huge so will be the scam projects that will take advantage of the situation.

JooBra

full member

Activity: 1204

Merit: 162

The NFT is next big thing in crypto. We can easy say 2021 will be NFTs era. With a lot of stuff happening in world it's a really good time for the. ENJ and RARI already had big rise and they will keep growing.

blockman

hero member

Activity: 3066

Merit: 629

Vave.com - Crypto Casino

Wow, so it was posted by coingecko 2 years ago and no one has listened to him. The craze for NFT today is on and there's massive money that's on it today.
One NFT can cost more than a million and that's what I see most of the time on the news and many are still not yet on it including me.

Asuspawer09

sr. member

Activity: 1820

Merit: 436

We really can't underestimate the NFT at this time, I remember visiting cryptokitties in the past years and I just can't see how it is going to work Huh

.

I mean paying for a sticker or a character or something and then holding it for a long time until it increases its marketvalue, I cant see how it is going to work in the future.

But now NFT is just hot right now, even NFT tokens in the market are skyrocketing, NFT is being sold for hundreds to thousands of dollars are this moment and it's a great success.

paxmao

legendary

Activity: 2394

Merit: 1632

Do not die for Putin

One of the important aspect of using NFT in gaming items is that it enables:

a) A market that is efficient, quick, cheap and accessible. Previous solutions like portals or "second hand" use were very inefficient, often had excessive fees and were not widely accesible.

b) A trust-tless mechanism of verification and automated transaction. No need to relay on the reputation or good faith of the others.

These are the improvements that really mark the NFT as a great solution.

Tipstar

sr. member

Activity: 1932

Merit: 300

Vave.com - Crypto Casino

Yeah it's going to be the next great thing for crypto but it is also creating some unfortunate overhype. It's a good use of blockchain but it's not the solution to everything. Just like the last Defi hype, NFT projects are now rising up and most of them don't even have any idea about how they'll make it work. There are a few that are promising and people should choose carefully before investing in one.

onko

full member

Activity: 495

Merit: 141

1 cent = 1 satoshi

Please take the time to check out collectible NFT series “Metheropolis" !  

21 metropolis are now in your wallet. And it's all only 1 of 1. 🌎🖼️

https://rarible.com/biyart

pangu

hero member

Activity: 2912

Merit: 604

CoinMetro

NFT Market Projected to Reach $315 Million in 2020:
https://sludgefeed.com/nft-market-projected-to-reach-315-million-in-2020/

coingecko

member

Activity: 247

Merit: 40

Non-Fungible Tokens (NFTs) has been under the radar for the longest time, other than when cryptokitties jammed the Ethereum network.

The initial impression of NFTs is just a nice to have collectible, but if you look deep enough NFT can actually lead the industry a long way.

The most interesting concept of NFT at the moment is in the traditional gaming industry, all the characters, items, skins, equipments and skills you own in one game can only be used within that game itself.
But with NFT, all these collections that you have could potentially be transferable and usable in other games as well. One significant difference is the money you spent in one game will not go to waste, while the other risk that are taken off is if the game developers does not want to support the game anymore, your collections can still be used in other games.

At the moment, gaming is the largest potential for NFT, but lets not exclude any possibilities of it being used in other industries.

Topic: NFT is an interesting space - page 17. (Read 2879 times)