What do you guys think about NFTs? - page 2.

isaac_clarke22

sr. member

Activity: 1610

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Quote from: Ticketly.me on July 08, 2021, 08:01:04 AM

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I'll just put this bluntly and I am not advertising this nor shilling this whatever it is said, but I heard lately even more that NFTs are being used in games now these days. There is this game called Axie something? It is flooding a lot attention here in my country just because someone claimed they earned a lot from that game.
Did require an investment so it is a meh for me.
Not interested in it at all, but hey now that people will gain awareness what NFTs are.

wmaurik

hero member

Activity: 2058

Merit: 710

Quote from: Ticketly.me on July 08, 2021, 08:01:04 AM

There are so many possibilities in forms of creation and displaying NFTs that I believe that in a few years NFT collections will be on par with physical ones, especially that many of them will be NFT exclusives.

For now, this can only be awaited by everyone because there is still a possibility, and even then if NFT always has good development and there is no other competition that must be fought every year, because in the crypto space every year there are always new concepts that could be born become a new trend.

Ticketly.me

copper member

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There are so many possibilities in forms of creation and displaying NFTs that I believe that in a few years NFT collections will be on par with physical ones, especially that many of them will be NFT exclusives.

RockCryptoWorld

newbie

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Merit: 0

recently, I have found such project as Deedy Digital. They are going to launch an NFT platform in the nearest time, where you can buy, sell, trade, rent out, enter NFT lotteries etc. They have a lot of interesting things that make Deedy unique. I think it is cool.

SirLancelot

hero member

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Leading Crypto Sports Betting & Casino Platform

What I really really really want is a pokemon NFT game, is that so much to ask? Think about it, let's say it is in BSC ecosystem right? We have tons of NFT games these days and technically speaking making a Pokemon NFT game is not impossible, and specially would be awesome if Pokemon Company actually worked with a proper company to do that, with great designers as well, "card" game is a pokemon thing and has always been like that and it would be insane not to think that a NFT card game for Pokemon wouldn't be awesome.

It would be same logic as all other pokemon card games, you buy packs using BNB and then some NFT's come out of that pack and then you use those to fight with other pokemon masters and whoever wins... wins something? I don't know what they win. The idea is not clear in my head and I doubt I would put too much detail into it since I can't do it, but the idea is amazing, a pokemon NFT card game could be a billion dollars marketcap in under a month if it were to be made.

Noruka

sr. member

Activity: 910

Merit: 253

Quote from: AmoreJaz on July 05, 2021, 06:10:44 PM

Quote from: ?? on ??

Personally, in my opinion, NFTs are a program that cannot make a profit because what is being sold can only be used for collection and cannot be used for transactions in all exchanges, I have been in the world of NFTs and only losses that I get.

maybe you venture in NFT projects that are not really valuable in the market. because if you got lucky, the NFT you bought will fetch high price in the market. that is, if you bought a real valuable NFT item. this is why, buying just any NFT in the market is not advisable. you need to assess the potential value of it in the next years to come. so just like you said, it is like a collection, so you are collecting valuable NFTs. but how can you tell if it will be valuable in the market? check who is selling it - is he a known artist or a never-heard one. of course, the chance of profiting is if you buy from already well-known artist. so yeah, there are factors to consider before buying one. otherwise, it will be a lost cause from your end.

But the real deal is to find NFTs that have value or are high potential NFTs before others find them. If you manage to do that you could get really lucky if the category you are collecting NFTs in turns out to be broadly appreciated and demanded by a decently large group of investors. I like NFT marketplaces, they allow for very interesting concepts to develop and to find an audience for it.

_MrTuyul404

full member

Activity: 420

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NFT stands for non-fungible tokens. They are usually created using the same type of programming as cryptocurrencies, such as Bitcoin or Ethereum, but the similarities end there. Physical money and cryptocurrencies are “worth it”, meaning they can be traded or exchanged for each other.

cheezcarls

hero member

Activity: 2282

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Looking for gigs

I collect NFTs from the following:

1 - Blankos Block Party
2 - My DeFi Pet
3 - NBA Top Shot

For me, NFTs are much cooler if they have real and special use cases than just being a digital art collectible. They are much more valuable in the long run. Like Axie Infinity for example. If your Axie’s stats are impressive, you can potentially sell it at a ridiculous high price by just simply getting it involve in adventure and PVP everyday.

Yatsan

legendary

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Leading Crypto Sports Betting & Casino Platform

Here in my country, NFT become very popular since many people have already been wondering on how does this works and it is because of the feature play to earn that makes people go crazy on wanting to get along with the trend to catch up into the continuous rise of the NFT here in our country. NFT is pretty good to me in my own personal opinion and that would be easily observed as well with the people around me. As time goes on, people are starting to continuously get along with the hype of NFTs from different side of the world and it already obvious matter that it means people are having good time with it.

Ayush rana

full member

Activity: 476

Merit: 103

NFTs become more famous now a days, we have seen very big game companies actually dig into the nft space. it is still new and fresh. boom in the NFT market is very near. Decentralisation and collectibles become one of the best way to store digital data/art.

Vaculin

hero member

Activity: 2940

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Winding down.

Quote from: Coroline on July 06, 2021, 06:06:58 PM

I welcome this NFT phenomenon. Because this will increase the valuation and attention to these crypto assets. However, the problem is, players in NFT will grow rapidly so it is feared that there may be parties who just ride this new game and want to get a moment's profit. The issuers of these fake crypto assets promise exorbitant profits. But in practice, not a few who just disappeared and even used as a cover for the crime of ponzi schemes.

I'm worried that it never attracts buyers, collectible coins have no such importance, honestly. May the developers think that could add the interest of the community. it could help to promote blockchain technology, about crypto, but the question is does NFT give a profitable end to the investors? That I'd never look there was a promising story on these new projects but I'd found it less important.

Coroline

sr. member

Activity: 1092

Merit: 256

I welcome this NFT phenomenon. Because this will increase the valuation and attention to these crypto assets. However, the problem is, players in NFT will grow rapidly so it is feared that there may be parties who just ride this new game and want to get a moment's profit. The issuers of these fake crypto assets promise exorbitant profits. But in practice, not a few who just disappeared and even used as a cover for the crime of ponzi schemes.

2double0

legendary

Activity: 2618

Merit: 1105

I think that the NFT boxes' concept is much powerful against the men who cannot say 'no' to their families and want to buy something that adds suspense to the scene here. But I do not know that how does an image be used to be sold as an NFT? So once bought an NFT, how can you be so sure that the same NFT will not be minted again?

Mihawk

sr. member

Activity: 1149

Merit: 347

Well, anything that makes new interactions possible for people with cryptocurrencies is welcome and NFT is no different. Allowing users to trade and register their art or other things is certainly an innovation and opening up new possibilities both financially and new activities and interactions. It's certainly a new market that will suffer ups and downs, but there will come a time when there will be solidity and with that more things can be done.

WNTRjon

jr. member

Activity: 148

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Chief Executive Officer at Weentar

The reality is that most people have no idea what an NFT is.

That is going to change, soon.

Most people think NFT means digital art. Digital art can be an NFT, but NFTs can be so much more.

I am bullish on NFTs.

wxa7115

hero member

Activity: 2814

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Bitcoin is GOD

Quote from: Sanibelt on June 28, 2021, 04:47:29 PM

^^ Like that title says. I want to know more about what you guys in Altcoin Discussion think about NFTs?

Do you have any overall thoughts or even any NFT projects you like? lmk

I could see NFTs having a future, however the first thing that people need to remember is that this is not in fact new, NFTs have existed for a very long time and it was not until the hype happened during this year in which they truly became popular.

The second issue is that currently many NFTs are scams and nothing more, the creators of those coins sell you something but you do not actually have the rights to it, basically you are just paying for a certificate that says that you own it without the rights that come with it, this reminds me of a business model in which people pay for stars to be named after them, it is funny but since you do not have rights to it you just paid hundreds of dollars for something you cannot resell and do not truly own.

wmaurik

hero member

Activity: 2058

Merit: 710

Quote from: pinoycash on July 03, 2021, 07:23:15 AM

I dont think even the art lover will appreciate a digital arts, majority of people invest in NFT because they have a monetary value or return of investment. But for being an art alone, its not enough reason to buy one.

Yes, the point is that everyone who likes something is to get profit either through returns or through others, not just relying on concepts such as art or others, but more on other benefits.

Maslate

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Activity: 2954

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Message @Hhampuz if you are looking for a CM!

Quote from: AmoreJaz on July 05, 2021, 06:10:44 PM

Quote from: ?? on ??

Personally, in my opinion, NFTs are a program that cannot make a profit because what is being sold can only be used for collection and cannot be used for transactions in all exchanges, I have been in the world of NFTs and only losses that I get.

maybe you venture in NFT projects that are not really valuable in the market. because if you got lucky, the NFT you bought will fetch high price in the market. that is, if you bought a real valuable NFT item. this is why, buying just any NFT in the market is not advisable. you need to assess the potential value of it in the next years to come. so just like you said, it is like a collection, so you are collecting valuable NFTs. but how can you tell if it will be valuable in the market? check who is selling it - is he a known artist or a never-heard one. of course, the chance of profiting is if you buy from already well-known artist. so yeah, there are factors to consider before buying one. otherwise, it will be a lost cause from your end.

If we can never trade your collections, it is a big loss for us and that is something hard because we can't assure that someone will buy for it.
If someone thinks it is profitable, that gonna be a big lie honestly. I hope I was wrong but seeing the situation, I mean, not all love to collect those artworks.
If ever NFT hits its peak in the market, that gonna be a short stay for sure. It suddenly just gone after.

AmoreJaz

legendary

Activity: 3122

Merit: 1102

Leading Crypto Sports Betting & Casino Platform

Quote from: ?? on ??

Personally, in my opinion, NFTs are a program that cannot make a profit because what is being sold can only be used for collection and cannot be used for transactions in all exchanges, I have been in the world of NFTs and only losses that I get.

maybe you venture in NFT projects that are not really valuable in the market. because if you got lucky, the NFT you bought will fetch high price in the market. that is, if you bought a real valuable NFT item. this is why, buying just any NFT in the market is not advisable. you need to assess the potential value of it in the next years to come. so just like you said, it is like a collection, so you are collecting valuable NFTs. but how can you tell if it will be valuable in the market? check who is selling it - is he a known artist or a never-heard one. of course, the chance of profiting is if you buy from already well-known artist. so yeah, there are factors to consider before buying one. otherwise, it will be a lost cause from your end.

Questat

hero member

Activity: 2982

Merit: 610

Quote from: leetcoiner on July 05, 2021, 05:43:26 PM

I think NTF is a great expansion of cryptocurrency opportunities especially for those who are engaged in creative activities.
Now artists, artists, musicians can digitally tokenize their intellectual property, this is the development of technology and mass adoption.

Well, it is a part of the crypto development, ICO, IEO, Defi, NFT, plus meme coins. And what I can say with these new sets of crypto projects, they are helping more to have a better experience and market transparency which I believe that could encourage people to adopt the market. However, as the development continues, never expect that NFT will stay long, they will soon say goodbye and another set of projects had come again.

Topic: What do you guys think about NFTs? - page 2. (Read 836 times)