The crypto space is one hell of a place where what we think, assume and anticipate hardly works in our way but in different ways, in the same way, some of the coins and tokens which might have no value today might be worth something in the near future, at least we have seen a good examples of such.
Now about NFTs, I think what is more needed now is a clear explanation of how all these works and how they will retain their values in the coming years, yes this is because no one makes an investment which won't fetch him gains or at least stand the test of time; most NFTs can be stolen and so on, hence the need for more improvements on the NFT ecosystem.
However, NFT trend has already started and many NFT tokens are on the increase and sooner than later more will set in either through IEO and so on, as normally seen with other trends, thus ushering the NFT ecosystem in full effect, therefore until then and the features seen, then we will know how far it will last, the impact it will make and the value they will probably have at the long run.
Topic: the next bubble? NFT! - page 2. (Read 582 times)
Ok NFTs are nice and fun and we have seen a growth during the last months/years.
but the market has no limit, and prices are out of any logic!
I am not sure if all of these items sold for thousands and thousands of USD will have the same high value after 5-10 years.
Take as example CryptoKitties, most of them have literally no value despite were sold or created for "real" money.
Most of users have tons of kitties that have no interest or value....
What are your thoughts about NFTs?
but the market has no limit, and prices are out of any logic!
I am not sure if all of these items sold for thousands and thousands of USD will have the same high value after 5-10 years.
Take as example CryptoKitties, most of them have literally no value despite were sold or created for "real" money.
Most of users have tons of kitties that have no interest or value....
What are your thoughts about NFTs?
When it comes to collectibles, have you ever seen prices that you would say follow a certain logic? I must say I didn't. There are things out there that get collected which I wouldn't even deem a collectible in the first place, and if you then hear that people are paying thousands or maybe even hundreds of thousands of dollars a piece, where is the logic? NFTs will partly be very similar. Especially the collectible section won't follow any logic the same way art often doesn't follow any logic. The logic is set by supply and demand. If someone is willing to pay 400 million for a piece of art, then that is the logic.
NFTs are somehow leading the game right now, there's no doubt about it yet we need to avoid being overconfident on its current place in the market. Anything can happen and we do not really know how long will this good run for NFTS last. Indeed, NFT games such as Axie Infinity offers plenty of profit in the market and many are already taking advantage of it. It can either be another breakthrough for crypto or it can also lead many people into another failure. So far, its performance and good and there's nothing to worry about yet but still, always watch the price movements and read news about it.
i think NFT developtment still have long journey , this is still the beginning of NFT trend which is alot feature now dvelopted in NFT projects. Recently i see NFT gaming play to earn be new hype in market AXIE pumped alot due of this. Investor need to follow the market direction where it will moved, we've see DEFI and DEX project and now should be NFT gaming turn to booming..
^ With ‘false rarity’ in mind that makes you question the whole space too, including BTC. Isn’t the limit on supply nothing more than a line of code that says there’s a 21 million limit? I know it’s not easy to change without going thru consensus but really now, it can be changed.
NFT has a lot of appeal for a reason, as it is a cryptographic token on the blockchain that represents a single asset class and has a proof of ownership, which has led to massive growth in levels multiplier in this field. Later on if everything is certified as NFT then the future of that asset will depend a lot on how it works in the NFT space and the potential of NFTs depends entirely on intellectual development in the space this time.
Representing a single, non-substitutable asset will make the NFT more attractive and sought after by those who enjoy the “exclusivity” of what they have. In the future, we may see a wave of encryption in all fields, and then owning NFT is indispensable.
Representing a single, non-substitutable asset will make the NFT more attractive and sought after by those who enjoy the “exclusivity” of what they have. In the future, we may see a wave of encryption in all fields, and then owning NFT is indispensable.
I think NFTs are great yeah, but let's admit it, they're having a lot of appeal not for the ownership and rights transfer reason, but for their collectible speculative reason. Person A buys 1 NFT thinking it's rare and that someone else will also want it and he can flip it for a higher price.
But what people don't see or understand now is that these things aren't rare. They're manufactured. False rarity.
Ok NFTs are nice and fun and we have seen a growth during the last months/years.
but the market has no limit, and prices are out of any logic!
I am not sure if all of these items sold for thousands and thousands of USD will have the same high value after 5-10 years.
Take as example CryptoKitties, most of them have literally no value despite were sold or created for "real" money.
Most of users have tons of kitties that have no interest or value....
What are your thoughts about NFTs?
but the market has no limit, and prices are out of any logic!
I am not sure if all of these items sold for thousands and thousands of USD will have the same high value after 5-10 years.
Take as example CryptoKitties, most of them have literally no value despite were sold or created for "real" money.
Most of users have tons of kitties that have no interest or value....
What are your thoughts about NFTs?
Clearly, the NFT trend is an exaggeration. But now we have to look back. NFT has demonstrated its applicability to the gaming market and has achieved a very strong effect in the market. Maybe growth, the price of recent projects like axie infinity is being exaggerated. But I believe it will be a big trend of the market in the second half of the year.
Ok NFTs are nice and fun and we have seen a growth during the last months/years.
but the market has no limit, and prices are out of any logic!
I am not sure if all of these items sold for thousands and thousands of USD will have the same high value after 5-10 years.
Take as example CryptoKitties, most of them have literally no value despite were sold or created for "real" money.
Most of users have tons of kitties that have no interest or value....
What are your thoughts about NFTs?
surely the euphoria of crypto-based nft games will end but for now, you can maximize it. I played in my defi pet, cryptoblade and axie infinity, I am ready for the possibility of things that will happen and believe all three are not bubbles.but the market has no limit, and prices are out of any logic!
I am not sure if all of these items sold for thousands and thousands of USD will have the same high value after 5-10 years.
Take as example CryptoKitties, most of them have literally no value despite were sold or created for "real" money.
Most of users have tons of kitties that have no interest or value....
What are your thoughts about NFTs?
I agree with you. Besides my interest in investing in proof of work alternative coins like CHIA, I also am optimistic about the future of NFT play to earn blockchain games. Axie AXS and Cryptoblades SKILL tokens are pulling back right now but My Defi Pet’s DPET token is only starting to pump. But if looking at their marketcap, all are under $100 million. These games marketcaps will be in the bubble if they are in the billions.
The hype about this trend is over, and it's time for it to come into play and be more applied in the field. Currently I see the trend of 'play to earn' is attracting many people back to the market. Personally, I think this is still a very small thing to exploit the great potential of NFT.
Play to earn scheme was brilliant ide for nft gaming , traders and investors will have alot choice to growth their money by investing in this project. This concept also will attract new buyer from gamers outside crypto market which is actually give them alot opportunity. First from reward play to earn , staking and also if game maniac could used it as content in their social media channel such as youtube. there are alot subject that could explore in NFT project.NFT has indeed become a very hype thing lately, the possibility of a bubble is also very possible, because that is the nature of crypto, but NFT technology also does not stop here, NFT is still developing all the time, it could be NFT bubble or also NFT is the future
NFT is the future because it is about digital art and music in a blockchain, whether we will see a huge bubble in that, i think it is already happening as people are investing in digital art but i am not sure what are their end game and whether they think they can sell them later at a bigger price because i am yet to understand that aspect of this NFT craze. 
The hype about this trend is over, and it's time for it to come into play and be more applied in the field. Currently I see the trend of 'play to earn' is attracting many people back to the market. Personally, I think this is still a very small thing to exploit the great potential of NFT.
No doubt on that and many more adoptions are still waiting for NFT industry. P2E projects are trending just like other hypes/trends for example IDO, memecoin which was started earlier in this year one by one. TBH, NFT hype will be in this market for longer period of time and other industry will hype it up more. NFT is just into the earlier stage as of now, IMHO. 
The hype about this trend is over, and it's time for it to come into play and be more applied in the field. Currently I see the trend of 'play to earn' is attracting many people back to the market. Personally, I think this is still a very small thing to exploit the great potential of NFT.
Play to earn scheme was brilliant ide for nft gaming , traders and investors will have alot choice to growth their money by investing in this project. This concept also will attract new buyer from gamers outside crypto market which is actually give them alot opportunity. First from reward play to earn , staking and also if game maniac could used it as content in their social media channel such as youtube. there are alot subject that could explore in NFT project. 
Ok NFTs are nice and fun and we have seen a growth during the last months/years.
but the market has no limit, and prices are out of any logic!
I am not sure if all of these items sold for thousands and thousands of USD will have the same high value after 5-10 years.
Take as example CryptoKitties, most of them have literally no value despite were sold or created for "real" money.
Most of users have tons of kitties that have no interest or value....
What are your thoughts about NFTs?
but the market has no limit, and prices are out of any logic!
I am not sure if all of these items sold for thousands and thousands of USD will have the same high value after 5-10 years.
Take as example CryptoKitties, most of them have literally no value despite were sold or created for "real" money.
Most of users have tons of kitties that have no interest or value....
What are your thoughts about NFTs?
I find this hype around NFT just a good start for this sphere. People now learn about this, and then we will be able to use Non-fungible tokens for other purposes. And actually they have a lot of other ways and spheres to be used. For example, we can tokenize a variety of things from documents to business processes. Non-fungible tokens can be used as collectible tokens, impact tokens (give you different rights), access (capability) tokens, data tokens, identity tokens etc.
Ok NFTs are nice and fun and we have seen a growth during the last months/years.
but the market has no limit, and prices are out of any logic!
I am not sure if all of these items sold for thousands and thousands of USD will have the same high value after 5-10 years.
Take as example CryptoKitties, most of them have literally no value despite were sold or created for "real" money.
Most of users have tons of kitties that have no interest or value....
What are your thoughts about NFTs?
but the market has no limit, and prices are out of any logic!
I am not sure if all of these items sold for thousands and thousands of USD will have the same high value after 5-10 years.
Take as example CryptoKitties, most of them have literally no value despite were sold or created for "real" money.
Most of users have tons of kitties that have no interest or value....
What are your thoughts about NFTs?
Talking about the hype of digital art and all of these cryptokitties, crypto panks, I think that it is not more than just luck. Artists who created these dearly sold works, of course, have their own stories, and they were lucky to get into a wave of hype. I don’t argue that sometimes digital pictures are very beautiful, but crypto panks! My younger sister draws better.
The hype about this trend is over, and it's time for it to come into play and be more applied in the field. Currently I see the trend of 'play to earn' is attracting many people back to the market. Personally, I think this is still a very small thing to exploit the great potential of NFT.
Right now there's a lot of hype in the NFT but investors should be careful on their holdings we already have an example on cryptocutties that just show that there's a risk factor, I remember the exchange token hype many investors though that is a risk proof investment only to find that so many token-based exchange can not sustain their development and investors end up losing money.
NFT is really a good technology, it's just it gets called a mere hype because people always see the bad thing in it, like an NFT art that sold for millions of dollars, as far as I know those are just some outlier or rare occurrence, if you can put that kind of mindset that considers NFT to be bubble aside and see the real use case and technology of it, it could actually a really innovative piece of technology as you can see it can effectively be implemented into game as of now and it's just the beginning.
NFTs will need to time enfold their potential the same way any other technology needs time to enfold. Who would have thought Netflix conquers the world? Or Spotify? Once artists and content creators become familiar with the tech and the frontend becomes more user friendly and agile, I am quite sure a lot of these people will use this avenue to monetize whatever they produce.
NFT is really a good technology, it's just it gets called a mere hype because people always see the bad thing in it, like an NFT art that sold for millions of dollars, as far as I know those are just some outlier or rare occurrence, if you can put that kind of mindset that considers NFT to be bubble aside and see the real use case and technology of it, it could actually a really innovative piece of technology as you can see it can effectively be implemented into game as of now and it's just the beginning.
NFT has a lot of appeal for a reason, as it is a cryptographic token on the blockchain that represents a single asset class and has a proof of ownership, which has led to massive growth in levels multiplier in this field. Later on if everything is certified as NFT then the future of that asset will depend a lot on how it works in the NFT space and the potential of NFTs depends entirely on intellectual development in the space this time.
Representing a single, non-substitutable asset will make the NFT more attractive and sought after by those who enjoy the “exclusivity” of what they have. In the future, we may see a wave of encryption in all fields, and then owning NFT is indispensable.
Representing a single, non-substitutable asset will make the NFT more attractive and sought after by those who enjoy the “exclusivity” of what they have. In the future, we may see a wave of encryption in all fields, and then owning NFT is indispensable.
First don't buy NFT that will cost you thousands of dollars mate is just not worth it. But still areas of gaming lands sales sandboxes those space have great potentials to gamers imagine NFT games like call of duty..If gaming industry penetrate nft then it will be super crazy for sure but a piece of art really I don't know about that
You can actually buy even if its a thousand dollars depends on your risk tolerance since a lot of investors are playing NFT games and they made a lot of investments simply because they believe they can get something it return which I also believe because I also invested some money. Time can tell but that bubble thing wont happen in cryptomarket, is just that the hype always change and people jump into a new trend but NFT will stay. Jump to: