There are to many NFTs in Marketplaces
I think only those NFTs which have a usecase gives us a benifit in future and other nfts are trashed
Topic: The Future of NFT - page 2. (Read 1020 times)
In the past few years, the popularity of NFT has been relatively good. Although it is not as well-known as Bitcoin, many people are loyal fans of NFT and are not interested in other cryptocurrencies. I also have several free NFTs, which I think are monumental and cannot be measured by price.
Only last year that NFT had a boom and perform so well which attracts investors and due to bigger demand the price soared high. But it was just a short time, the popularity has been going slow due to scams and non-profitable NFTs until such time that investors rejected them. For now, only a few of these projects are left for survival but I'm not sure how this be going this year. Honestly, I don't have the guts to invest in NFT, not I see them having potential. I'd rather choose Bitcoin and a few altcoins than risk money from non-reliable projects.
In the past few years, the popularity of NFT has been relatively good. Although it is not as well-known as Bitcoin, many people are loyal fans of NFT and are not interested in other cryptocurrencies. I also have several free NFTs, which I think are monumental and cannot be measured by price.
What do you guys think about the future of nft?
Many people think that nft is useless digital trash, but I have a different idea from them.
This is because many famous companies and platforms around the world employ blockchain developers and create related nfts in various fields such as art and sports.
I think it's now Nft's turn, just as Bitcoin has been treated as digital waste and its price has been upward.
Tell me what you think
if you compare bitcoin with NFT, then the comparison is very far away. Bitcoin has great functionality and community, besides it has a purely decentralized system, so the price keeps going up, and people want bitcoins day by day. different from NFT, which is currently declining in quality, because people feel that it has fewer benefits. many NFTs whose prices were really high during the NFT period were hyped. However, nowadays the price is completely different and really cheap. I read a lot of information about NFTs that are bought for more than thousands of dollars, then the price is very low. besides that, its liquidity is very different from bitcoin which can be exchanged instantly.Many people think that nft is useless digital trash, but I have a different idea from them.
This is because many famous companies and platforms around the world employ blockchain developers and create related nfts in various fields such as art and sports.
I think it's now Nft's turn, just as Bitcoin has been treated as digital waste and its price has been upward.
Tell me what you think
I suggest that if you believe in the NFT you want to buy, then make sure that it has some value and that people are ready to buy it when you need money. However, I have a feeling that the NFT will probably be on a bit of a rollback. Personally, I'm also not investing in NFTs anymore at this point due to a lack of confidence in their development.
We saw images being a thing for NFT world, how about we start seeing something else. There is now a great deal of effort going into publishing world working within the NFT sphere as well, basically e-books but in NFT format meaning you would be able to buy and own a book, you could find torrented version anywhere anyway, so this way if you bought the book, you would have the nft of it, and if you ever want to sell it, you could do that as well.
I believe that it would be something decent if people worked on it properly and that is just one thing. We will see the NFT world spread towards many more industries and not just images, that will be the future of it.
It is no the worst idea I have heard but it still feels incomplete, unlike art books are sold by the millions, there are simply too many copies of the book to try to claim that any one of them is rare, maybe this could be done with first edition books with a limited amount of books printed or books which had something extra like the signature of the writer, and even then I doubt this kind of NFTs will get too much attention as the amount of money which has been lost with NFTs is enormous, and not many of those which used to collect NFTs will be interested on still doing so. I believe that it would be something decent if people worked on it properly and that is just one thing. We will see the NFT world spread towards many more industries and not just images, that will be the future of it.
The number of scam cases in the NFT project makes the NFT reputation decreases, especially since the 2022 DROP market is significant so that it makes it difficult for NFT to compete with other projects such as Metaverse, Web3, Defi and so on, this makes us have to always be aware of the market changes so that we must always monitor every day.
It's really unfortunate that the reputation of NFT can be said to have dropped drastically,besides that currently other projects are also trying to continue to grow and this makes NFT even more left behind,
It is important to keep abreast of market developments.
The number of scam cases in the NFT project makes the NFT reputation decreases, especially since the 2022 DROP market is significant so that it makes it difficult for NFT to compete with other projects such as Metaverse, Web3, Defi and so on, this makes us have to always be aware of the market changes so that we must always monitor every day.
It's really unfortunate that the reputation of NFT can be said to have dropped drastically,besides that currently other projects are also trying to continue to grow and this makes NFT even more left behind,
It is important to keep abreast of market developments.
The number of scam cases in the NFT project makes the NFT reputation decreases, especially since the 2022 DROP market is significant so that it makes it difficult for NFT to compete with other projects such as Metaverse, Web3, Defi and so on, this makes us have to always be aware of the market changes so that we must always monitor every day.
NFT is still something of a hype which I think is getting harder and harder for them.
Regardless of what their current era is, it can be said that it's almost over, I think, especially with the conditions where the hype was very high, even too over the past few months, which made them mediocre now.
I still feel like there won't be any clarity for them at this point regardless of how difficult it seems to be bringing NFT back in time as it has been a few months prior.
Regardless of what their current era is, it can be said that it's almost over, I think, especially with the conditions where the hype was very high, even too over the past few months, which made them mediocre now.
I still feel like there won't be any clarity for them at this point regardless of how difficult it seems to be bringing NFT back in time as it has been a few months prior.
At this time there are only few projects are able to mint out fully and that also with marketing while they also belong to the group of project which are cash grab only and whole NFT space is now witnessing huge downfall.So in my opinion if you find out some projects that can give fast returns to cash out do it but no long term holding projects are available.
What do you guys think about the future of nft?
Many people think that nft is useless digital trash, but I have a different idea from them.
This is because many famous companies and platforms around the world employ blockchain developers and create related nfts in various fields such as art and sports.
I think it's now Nft's turn, just as Bitcoin has been treated as digital waste and its price has been upward.
Tell me what you think
Many people think that nft is useless digital trash, but I have a different idea from them.
This is because many famous companies and platforms around the world employ blockchain developers and create related nfts in various fields such as art and sports.
I think it's now Nft's turn, just as Bitcoin has been treated as digital waste and its price has been upward.
Tell me what you think
It's a trash when there's no art in NFT and only a mere image but it's different when real artists make it. There are a lot of trash images that become NFT since a lot of people want to take the advantage of the Hype and when the Hype slowly fades away it's like NFT is not worth to invest again but in reality, real art will always remain valuable.
People make haste and just to jump to the trend they put anything to NFT making NFT industry looks garbage. Games that rely on NFT purchases and promise NFT holders income is the worst one because they can be categorized into Ponzi Scheme that can later own turn to scam and defrauding their player by either rug pulling or running away the funds. Besides most tokenomics of NFT games are unsustainable since the reward system that they copy is proven to collapse.
For me, NFT future isn't promising but I believe it can be useful if properly used.
We saw images being a thing for NFT world, how about we start seeing something else. There is now a great deal of effort going into publishing world working within the NFT sphere as well, basically e-books but in NFT format meaning you would be able to buy and own a book, you could find torrented version anywhere anyway, so this way if you bought the book, you would have the nft of it, and if you ever want to sell it, you could do that as well.
I believe that it would be something decent if people worked on it properly and that is just one thing. We will see the NFT world spread towards many more industries and not just images, that will be the future of it.
Some are plain image but those are only built in hopes of earning an easy money while the original/legit NFT is more than just a simple image. They also come with different perks. Publishing world on the other hand are I think dead. The interest on physical books have gotten lesser and lesser.I believe that it would be something decent if people worked on it properly and that is just one thing. We will see the NFT world spread towards many more industries and not just images, that will be the future of it.
There are electronic versions of books or so called e-books but I think they have nothing to do with NFT. Both of them are just separated. Other than images in NFT. There are also musical NFT, Gif's, and videos but the best one among all would be the games. So far they are more successful because people enjoy them while being profitable at the same time.
The future of non-fungible tokens (NFTs) is uncertain and can be subject to speculation.
it is possible that NFTs will continue to gain mainstream adoption and become more widely accepted as a form of digital ownership and art.
However, it is also possible that the current hype around NFTs may not be sustainable and the market may cool down.
it is possible that NFTs will continue to gain mainstream adoption and become more widely accepted as a form of digital ownership and art.
However, it is also possible that the current hype around NFTs may not be sustainable and the market may cool down.
If NFT world innovates and brings more and more stuff, it has technological capabilities that would be better than anything in the world. But in order for this to happen, we need to first find devs that will work on it and make it better, so far we have only seen ones that copy it and build different images and publish, that's not good at all.
In short, only the NFT with a real usage will have a better future because those images most of them have no utilities at all so it will be hard for an investor to make profit out of it and only those with a good hype rise. NFT is still new and good, they just need to improve a lot of things and introduce a new usage for the NFTs. I'm sure some developer are already working with it, so let's just wait and see when they will release the update maybe they are just waiting for the perfect timing in the market. obvious that its been driven with some hype and able to get those high numbers which are never been realistic and now the bear market hits where most of them had declined their value
and to those who had bought and invested are totally making up some huge loss which i could say that this is a very common scenario if ever you do make yourself
get dragged off with some hype.
If NFT world innovates and brings more and more stuff, it has technological capabilities that would be better than anything in the world. But in order for this to happen, we need to first find devs that will work on it and make it better, so far we have only seen ones that copy it and build different images and publish, that's not good at all.
In short, only the NFT with a real usage will have a better future because those images most of them have no utilities at all so it will be hard for an investor to make profit out of it and only those with a good hype rise. NFT is still new and good, they just need to improve a lot of things and introduce a new usage for the NFTs. I'm sure some developer are already working with it, so let's just wait and see when they will release the update maybe they are just waiting for the perfect timing in the market. What do you guys think about the future of nft?
Many people think that nft is useless digital trash, but I have a different idea from them.
This is because many famous companies and platforms around the world employ blockchain developers and create related nfts in various fields such as art and sports.
I think it's now Nft's turn, just as Bitcoin has been treated as digital waste and its price has been upward.
Tell me what you think
It wasn't clear but new projects will come and could possibly outplay NFT as happened to the previous projects. Besides, we never see such importance in these NFTs, not a thing to be worried about because people do not actually have the desire to invest in them. Many people think that nft is useless digital trash, but I have a different idea from them.
This is because many famous companies and platforms around the world employ blockchain developers and create related nfts in various fields such as art and sports.
I think it's now Nft's turn, just as Bitcoin has been treated as digital waste and its price has been upward.
Tell me what you think
I no longer invest in them after the hype is over, I'd sell them during the peak and it was a good decision. But for those who still have, kinda be regrets, most of the NFTs are scams, they can no longer make money from them. We have to stop thinking now that it gains more market attention as their time was over, they still rejected in the end.
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It's a trash when there's no art in NFT and only a mere image but it's different when real artists make it. There are a lot of trash images that become NFT since a lot of people want to take the advantage of the Hype and when the Hype slowly fades away it's like NFT is not worth to invest again but in reality, real art will always remain valuable.
I think that if there are still people who continue to do very unreasonable and strange things then that share will continue to exist and it will be difficult to escape this kind of reality.
I am optimistic about the future of NFT sector, as its use case is growing continuously, many industries, such as the art, gaming, and collectibles markets, are already starting to adopt NFTs as a way to authenticate and sell digital assets which indicates that there is huge investor's interest in this sector.
It is also possible that DEFI sector may start using NFTs as a way for representing ownership of digital assets. Despite all these positive development, it is worth mentioning that NFT market is relatively new, how it develops in future, remains to be seen.
There will be more and more industries going into it. NFT is something that we should be very careful about, it is such a high potential thing that I would definitely not be wary of anything that is going on in there. I have to say that its going to be very important to focus on what could be done, innovation is where it will be.It is also possible that DEFI sector may start using NFTs as a way for representing ownership of digital assets. Despite all these positive development, it is worth mentioning that NFT market is relatively new, how it develops in future, remains to be seen.
If NFT world innovates and brings more and more stuff, it has technological capabilities that would be better than anything in the world. But in order for this to happen, we need to first find devs that will work on it and make it better, so far we have only seen ones that copy it and build different images and publish, that's not good at all.
We saw images being a thing for NFT world, how about we start seeing something else. There is now a great deal of effort going into publishing world working within the NFT sphere as well, basically e-books but in NFT format meaning you would be able to buy and own a book, you could find torrented version anywhere anyway, so this way if you bought the book, you would have the nft of it, and if you ever want to sell it, you could do that as well.
I believe that it would be something decent if people worked on it properly and that is just one thing. We will see the NFT world spread towards many more industries and not just images, that will be the future of it.
That's right, NFT is an "idea", it's basically proof of ownership, and the images were mocked with "I could just take a screenshot of it and use it" and even with that it still made tens of millions of dollars to people. If it can go beyond that, beyond something that could be mocked and actually make people some money for it, then it could change a lot.I believe that it would be something decent if people worked on it properly and that is just one thing. We will see the NFT world spread towards many more industries and not just images, that will be the future of it.
This started with games that use NFT and tokens and pay people money for playing, but obviously it wasn't enough and ended quickly. Next stop will be actually doing something people would be willing to spend money on, if that could be done, then NFT could increase a lot and be super valuable for sure, it just needs time.
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I think it's now Nft's turn, just as Bitcoin has been treated as digital waste and its price has been upward.
Tell me what you think
No matter what they do, people will see NFT as low-value projects. They can't be compared to BTC as it was an ambitious attempt and there is no need to do that because NFTs have proven nothing in the first place. If you can afford to invest in hype projects, then invest in these NFTs and so in this way you could also experience of what happened to those investors who trust them in the past. I think it's now Nft's turn, just as Bitcoin has been treated as digital waste and its price has been upward.
Tell me what you think
Bitcoin is really the king in the market and despite any market conditions, this will remain valuable, unlike these NFTs.
So, I couldn't disagree with what you said that NFT is a low-value projects in the end. It's just like how the ICO era did in the past.
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