I think the crypto market will be filled with very large funds later after Bitcoin ETF is accepted and, all crypto sectors will rise again. This will happen after all global issues decline.
My nft scenario is to buy at the beginning and sell when the profit is x2, usually I buy newly released nft.
Topic: NFTs in the Real World - page 2. (Read 732 times)
You have many interesting use-cases around loyalty programs - from big companies to really small ones
NFTs have taken the digital world by storm. How do you envision non-fungible tokens impacting industries beyond art and gaming? Share your wildest NFT use-case scenarios!
NFT ussualy only picture product. not gaming industri.
most people don't like NFTs because if you buy it, selling it again is difficult. it's different from coins that already have a market. whenever you need money, you can immediately sell the coins and become money. you can use it all the time. if NFTs are only for hobbies in the art world, for example, photo images. or fans of a character so they want to buy NFTs.
I might be missing out the point here. It's a physical toy. It doesn't have any need for nft. I mean what would i even with do with the NFT token in here? If i trade it, it's still connected to my physical toy. Why would anyone want it or why it would have any value without the physical object? Is it supposed to be just a proof of authenticity? I think it's an overkill in every way. And are we supposed to trade these toys by mail and just trust the buyer or seller? And if the private key gets lost, i am guessing that the physical toy wouldn't have any value.
Probably the NFT usage would be its introduction to the game they are developing... So the NFT represents your avatar or skin in the game. At least, that is what I understood. If it's not the case, then this NFT has no reason to exist at all. I think it must be pretty possible to trade the NFT without trading the physical toy within it. To tie both things wouldn't make sense from a commercial point of view, since it totally nukes international trades, and considering crypto industry works in global scale, bringing the whole world together, it would be out of the way for someone in US to sell the NFT to someone in India, for an example. 
I see more promise in the idea of using NFTs as a utilitarian product. For example, any types of tickets that do not require identification confirmation, or use as a discount system. You can even remember NFT sneakers and Stepn. But so far all this can be realized from paper or plastic, few people will use NFTs and blockchain technology in general.
thats the most plausible use of technology and apparently the most realistic use of the technology but it seems not that much of people use the technology for that purpose yet, i don't know what the cause whether they are not interested because its too complex or something. but if there's any real use case for NFT technology, its definitely one of them not the effort of hyperinflating the value of certain NFT art in the market which right now has shown to be failing mess.right now though so many project are utilizing NFT for identification for airdrop and something like that and it worked really well, even the owner of the NFT can move around selling that eligibility identifier of an airdrop, imagine if ticketing also using NFT and we can just resell the ticket if we can't attend the concert and so on it would be awesome but i'm guessing that we're still too far from such technology being used massively across many events and concert.
We are going into the era of technology where digital assets has value and recommend across the globe, which is NFTs is the real world of digital assets that is going to explore the world in the near future.
NFT? Aren't they dead? Well, I don't see NFT as a proper way of investment. Instead, I see them as a trend that has game and gone after some time leaving people with nothing. There was a hype at the beginning but right now I don't see much movement in the NFT market.
So them coming back for making a change or impact in the market seems like a fairy tale. The Golden era of NFT has died and I don't think it will ever come back. And it is also hard to make real life NFTs. You cannot input blockchain data in real life object. They can be cloned or copied so there's no way for a proper validation.
So them coming back for making a change or impact in the market seems like a fairy tale. The Golden era of NFT has died and I don't think it will ever come back. And it is also hard to make real life NFTs. You cannot input blockchain data in real life object. They can be cloned or copied so there's no way for a proper validation.
I've always wondered about the essence of NFT projects as investment in the long, I've never been a part of any of their communities because I really don't understand their vision, all I see is their focuses on games and arts. I guess they'd have to sale a masterpiece to a very rich art enthusiast or a celebrity to earn their tokens, my concern is that the art piece can be duplicated and anybody can have it, except the buyer keeps the original. I'll agree with you that NFT is a trend, and if they don't add any new innovations, then they're as good as dead, with investors funds going down with them. I don't know much about NFT so don't take my words as facts.
NFTs seemed like a great way for those people to monetize their talent and for collectors to finally become capable of fully owning a digital image, but scammers ruined the reputation of NFTs, and now I doubt there is anyone interested in collecting art this way.
About NFT I would like to say that NFT is such a fungible token that it may be used in the real world in the future.
but currently its use is very less and still we see. Currently, all these crypto projects are airdrops, etc. NFTs are playing a special role, most of which are in Airdrop, in which NFTs have been received and is given a very huge amount and that he has to complete that task then team giveaways form of NFT.
so in this way it can also be in real world that NFT perform a great value in real world.
but currently its use is very less and still we see. Currently, all these crypto projects are airdrops, etc. NFTs are playing a special role, most of which are in Airdrop, in which NFTs have been received and is given a very huge amount and that he has to complete that task then team giveaways form of NFT.
so in this way it can also be in real world that NFT perform a great value in real world.
It depends on how the digital world embraces the technology and whether people will approve the usage of NFTs in different sectors of life. If we talk from a trading perspective which is buying and selling NFTs for a profit, I would say it has already failed in that area because we have seen hundreds of NFT projects not performing up to the expectations of people who bought them thinking they can sell them for a higher value but they dropped in value significantly. One example of that is the Cristiano Ronaldo NFT collection which caused its investors to sue the football celebrity for the failed NFT collection.
However, NFT can have use cases in various real-life sectors where it can be used as a way to store and exchange value as a form of digital collectibles such as schools, hospitals, offices, and many other places where NFTs can be used to provide certain accesses and stuff based on what NFTs different people own in their wallets.
I see more promise in the idea of using NFTs as a utilitarian product. For example, any types of tickets that do not require identification confirmation, or use as a discount system. You can even remember NFT sneakers and Stepn. But so far all this can be realized from paper or plastic, few people will use NFTs and blockchain technology in general. However, NFT can have use cases in various real-life sectors where it can be used as a way to store and exchange value as a form of digital collectibles such as schools, hospitals, offices, and many other places where NFTs can be used to provide certain accesses and stuff based on what NFTs different people own in their wallets.
I've always wondered about the essence of NFT projects as investment in the long, I've never been a part of any of their communities because I really don't understand their vision, all I see is their focuses on games and arts. I guess they'd have to sale a masterpiece to a very rich art enthusiast or a celebrity to earn their tokens, my concern is that the art piece can be duplicated and anybody can have it, except the buyer keeps the original. I'll agree with you that NFT is a trend, and if they don't add any new innovations, then they're as good as dead, with investors funds going down with them. I don't know much about NFT so don't take my words as facts.
thats honestly should be a concern here, an NFT art, we still don't know whether there's any legal binding that could protect the original creator of the art from getting their art copyrighted by other people, we've seen so many such acts in the NFT platform like opensea where people quite literally just reuploading things that are created by other artists and try to profit off it.such thing should not be happening if there's any protection for the original NFT creator that have the rightful ownership of such NFT.
i wonder if an artist could somehow prove that the NFT is theirs, how can they fight against those trying to duplicates.
Non Tangible Tokens (NFT) have redefined ownership and commerce in the real world. This blockchain-based technology will have a lasting impact on how we perceive and transfer value in various areas of the physical world. Non Tangible Tokens (NFTs) have drawn public attention to crypto currencies for their real-life uses in fields such as digital art, games, music, and video.
It depends on how the digital world embraces the technology and whether people will approve the usage of NFTs in different sectors of life. If we talk from a trading perspective which is buying and selling NFTs for a profit, I would say it has already failed in that area because we have seen hundreds of NFT projects not performing up to the expectations of people who bought them thinking they can sell them for a higher value but they dropped in value significantly. One example of that is the Cristiano Ronaldo NFT collection which caused its investors to sue the football celebrity for the failed NFT collection.
However, NFT can have use cases in various real-life sectors where it can be used as a way to store and exchange value as a form of digital collectibles such as schools, hospitals, offices, and many other places where NFTs can be used to provide certain accesses and stuff based on what NFTs different people own in their wallets.
However, NFT can have use cases in various real-life sectors where it can be used as a way to store and exchange value as a form of digital collectibles such as schools, hospitals, offices, and many other places where NFTs can be used to provide certain accesses and stuff based on what NFTs different people own in their wallets.
NFT? Aren't they dead? Well, I don't see NFT as a proper way of investment. Instead, I see them as a trend that has game and gone after some time leaving people with nothing. There was a hype at the beginning but right now I don't see much movement in the NFT market.
So them coming back for making a change or impact in the market seems like a fairy tale. The Golden era of NFT has died and I don't think it will ever come back. And it is also hard to make real life NFTs. You cannot input blockchain data in real life object. They can be cloned or copied so there's no way for a proper validation.
So them coming back for making a change or impact in the market seems like a fairy tale. The Golden era of NFT has died and I don't think it will ever come back. And it is also hard to make real life NFTs. You cannot input blockchain data in real life object. They can be cloned or copied so there's no way for a proper validation.
I've always wondered about the essence of NFT projects as investment in the long, I've never been a part of any of their communities because I really don't understand their vision, all I see is their focuses on games and arts. I guess they'd have to sale a masterpiece to a very rich art enthusiast or a celebrity to earn their tokens, my concern is that the art piece can be duplicated and anybody can have it, except the buyer keeps the original. I'll agree with you that NFT is a trend, and if they don't add any new innovations, then they're as good as dead, with investors funds going down with them. I don't know much about NFT so don't take my words as facts.
What killed NFT is a lot of scam NFT offering which died down after sometimes. Even look at the top NFT project which was overpriced and now it loses value like crazy. The technology NFT is offering can be used in very unique way but we need a unique mind to add more value to it. But instead what most of the NFT project do is to promote it as a money making machine. I saw a digital picture sold for millions of dollars that has no usecase at all. Because of all this, investors turned away from NFT.
What you said would have been perfect except the first sentence ruined it. There’s always scam in everything. There’s always that down side that try to bring that thing down. So, a lot of scam NFT offering didn’t kill NFTs, what killed it was too much hype. They make it feel like it’s worth buying a piece of digital art for a lot of dollars, but can’t show you the value or make it feel really special. NFT was presented like it’s just a way to make millions, forgetting that people are seeing this motive and with this they can change their mind from buying or investing in NFTs.
And when you take into account the enormous hype there was around it, this further added to the disappointment people felt about the market, which is what caused the interests on NFTs to go down, and so far it has not recovered.
Of course the scams actually matters as it has its own effect. But I just feel the hype did a lot more damage by ruining expectations. NFTs has not recovered like you said and I do not think that they’ll be recovering, unless it is recreated with a different idea and presented differently. The hype is dead and I don’t believe anything can hype it back to the way it was when it came out. Many people who were so hyped about NFTs didn’t even know what they were, they thought it was all about creating monkey faces and avatars.
NFTs have taken the digital world by storm. How do you envision non-fungible tokens impacting industries beyond art and gaming? Share your wildest NFT use-case scenarios!
I never understood why would someone pay a million dollars for a picture which can be simply copied and used. I know every NFT is unique but why would you pay a million dollars when you can save the image and use it anywhere you want. To me, it is equivalent to paying a million dollars for a wallpaper which was available for free on the internet and you didn't want to use it professionally, in which case it may make more sense.I see monkey face NFTs being traded for a million dollars and some even more. It's just a race people are getting in without thinking twice about what they are buying because no way in hell these pictures deserve what people are paying. But I am not an artist so I'll shut up, I wouldn't have trusted BTC in 2010 either
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Besides arts and gaming usage, I don't see too much utility for NFTs. Actually, even for arts it's worthless in my opinion. The only real usage for NFTs would be inside gaming industry. The concept of its implementation really made sense for me and I thought it was a great idea in theory, but in practice it didn't work as expected.
NO,That's not really true because i found something that they can bring real world item with NFT.Check this out. https://pudgypenguins.com/
this is a toy for children, when you buy a toy you will get a pair of ntf.
there is a QR code on the toy which connect to NFT in pudgyworld
I don't really get it why a dol art will be created for the sake of people buying it and holding for as long as possible. We need to be wise and take decisions when necessary so that we don't do things that we could regret about later.
What killed NFT is a lot of scam NFT offering which died down after sometimes. Even look at the top NFT project which was overpriced and now it loses value like crazy. The technology NFT is offering can be used in very unique way but we need a unique mind to add more value to it. But instead what most of the NFT project do is to promote it as a money making machine. I saw a digital picture sold for millions of dollars that has no usecase at all. Because of all this, investors turned away from NFT.
What you said would have been perfect except the first sentence ruined it. There’s always scam in everything. There’s always that down side that try to bring that thing down. So, a lot of scam NFT offering didn’t kill NFTs, what killed it was too much hype. They make it feel like it’s worth buying a piece of digital art for a lot of dollars, but can’t show you the value or make it feel really special. NFT was presented like it’s just a way to make millions, forgetting that people are seeing this motive and with this they can change their mind from buying or investing in NFTs.
And when you take into account the enormous hype there was around it, this further added to the disappointment people felt about the market, which is what caused the interests on NFTs to go down, and so far it has not recovered.
Besides arts and gaming usage, I don't see too much utility for NFTs. Actually, even for arts it's worthless in my opinion. The only real usage for NFTs would be inside gaming industry. The concept of its implementation really made sense for me and I thought it was a great idea in theory, but in practice it didn't work as expected.
NO,That's not really true because i found something that they can bring real world item with NFT.Check this out. https://pudgypenguins.com/
this is a toy for children, when you buy a toy you will get a pair of ntf.
there is a QR code on the toy which connect to NFT in pudgyworld
In our view, currently, NFTs, despite their popularity, have limited value, especially beyond gaming applications and digital art. In most cases, their value is confined to the interest of a narrow audience of enthusiasts or speculators
However, it's worth noting that we may be just beginning to see the potential of NFTs, and in the future, they could find applications in broader areas. For example, NFTs could become an integral part of identification systems in various fields, such as personal identity, access, and actions. Similar to the MultiBanco system in Europe, where you can provide a third party with a special code to withdraw money from your bank account, NFTs can ensure security and transparency in such operations
However, one of the main obstacles to integrating NFTs into real life and unlocking their full potential is their current gray area. Therefore, it's simply not possible to connect them with the real world at the moment. Perhaps, once this happens, thousands of developers will offer their use to the world, not only for games or digital
However, it's worth noting that we may be just beginning to see the potential of NFTs, and in the future, they could find applications in broader areas. For example, NFTs could become an integral part of identification systems in various fields, such as personal identity, access, and actions. Similar to the MultiBanco system in Europe, where you can provide a third party with a special code to withdraw money from your bank account, NFTs can ensure security and transparency in such operations
However, one of the main obstacles to integrating NFTs into real life and unlocking their full potential is their current gray area. Therefore, it's simply not possible to connect them with the real world at the moment. Perhaps, once this happens, thousands of developers will offer their use to the world, not only for games or digital
NFTs have taken the digital world by storm. How do you envision non-fungible tokens impacting industries beyond art and gaming? Share your wildest NFT use-case scenarios!
Wish it never comes back. Really. Regardless of how the industry wants to develop the NFT scene to something proper, some people will always come and turn it into something similar to what the art scene has, and, well, since money is a big influence to it, it's rather easy to do so. I still see some artists doing some proper NFTs but they're in the minority at this point. As for any other use case, I'd expect something similar to videos or something next lmao. As for real world, that's just not NFT anymore, that's just your average item paid with crypto. 
. NFT was first introduced related to gaming but later on, many variations have came out. When we hear the word NFT, we automatically think of a digital art. So, it's no surprise on why some people are like that or wants to turn the NFT, similar to the art scene that we have in the real world.There are huge money flowing in the NFT scene but even without it, it is still easy to transform something into a digital art. NFT's has their own use cases. If you are not new in here and you have done your research about them, you will know if what they are. I won't say they are the same with a typical crypto.
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