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Topic: What do you guys think about NFTs? - page 3. (Read 816 times)

sr. member
Activity: 1056
Merit: 251
July 05, 2021, 06:43:26 PM
#54
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.
legendary
Activity: 3290
Merit: 1128
July 05, 2021, 02:28:17 PM
#53
I like to use Diablo for an example. Image every item is an NFT on the blockchain and will be traded/sold as such. Would be amazing.
Another upcoming example is Black Eye Galaxy. Black Eye Galaxy is a decentralized NFT token. Players buy planets, starships and space stations. All as NFTs. Each planet will have it's own resources which can then be mined by staking. After a new planet is discovered it will be sold on the marketplace. The person that originally found it earns 40% of the revenue while another 10% goes to his civilization. If you discover planets with inhabitants, you can use them to create civilizations and launch your own currency.
These type of stuff where people can use their NFT are the reason why NFT world is standing still and doing fine, because it gives people an incentive to spend their money to buy NFT. Back in the old days buying pictures with crypto made zero sense to me and that is long gone, that is not used anymore and if we didn't see this improvement of using your NFT for something came out then NFT would have been dead already, nobody would have cared about any NFT.

However thanks to these new things, people are still using NFT because who wouldn't want to buy planets, have spaceships and other stuff? There are other games, there are gladiatoral games, there are have your own tribe type of games, basically many games and it is definitely something very fun to do. I just can't understand people who jump in right away without research though, the rug pull/scam of NFT world is still around so everyone should be careful.
full member
Activity: 1302
Merit: 115
Pepemo.vip
July 05, 2021, 09:48:24 AM
#52
The NFT craze has slowed down a bit. Even if there are a few solid projects, in general I think NFTs are malicious. NFT is a good option as a money laundering method. I think you should be careful when entering an NFT and not think long term  Undecided
full member
Activity: 812
Merit: 108
July 04, 2021, 07:20:25 AM
#51
NFTs are quite new to large percentage of people.
People are getting to know about it slowly, But it is one of the use case of storing collectables items within the blockchain industry. Many gaming company try to come up with NFTs gaming platform. I personally think that NFTs can give new boom to the entire blockchain ecosystem.
legendary
Activity: 2674
Merit: 1226
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July 04, 2021, 04:36:36 AM
#50
I guess you're referring to the use of NFT in the creative industry. So music, art, audio, video, etc? I think it's okay. And I do read of many artists who continue to face the problem of exposure today and NFT in crypto/blockchain perhaps gives them just one more avenue for exposure  even if they may never sell anything. The point for most artists is to get noticed that one important time by that one significant person.

But to achieve 90% of the crap the NFT white papers are peddling around? Nah.
hero member
Activity: 1316
Merit: 514
July 03, 2021, 08:23:15 AM
#49
Art has never been my area of interest which automatically puts  NFTs off my bucket list. Am certain there is some good in them but tbh these just ain't for me.

And because this is something that came like the crypto kitties game this kind of reminds of it and there is some similarities too, so am staying far away as possible.
The field of art is only liked by people who really love art, so there are some people who don't like NFT because it was born for those who have an art mind only, and I think that's great for the variety of options in the crypto space too.

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.
hero member
Activity: 2058
Merit: 710
July 03, 2021, 08:18:49 AM
#48
Art has never been my area of interest which automatically puts  NFTs off my bucket list. Am certain there is some good in them but tbh these just ain't for me.

And because this is something that came like the crypto kitties game this kind of reminds of it and there is some similarities too, so am staying far away as possible.
The field of art is only liked by people who really love art, so there are some people who don't like NFT because it was born for those who have an art mind only, and I think that's great for the variety of options in the crypto space too.
hero member
Activity: 1344
Merit: 647
July 03, 2021, 08:18:28 AM
#47
Basically NFT stand for Non Fungible Token. When I hear first word about nft was ( Cyber Punk) the best ever project of nft on ethereum blockchain .
After that I start searching about nft and after that I got too much kwnoledge about nft.
Now nft is most popular topic in crypto. Many nft are sold too expensive so nft has a huge value in market and everyone want to own awesome nft
hero member
Activity: 1834
Merit: 879
Rollbit.com ⚔️Crypto Futures
July 03, 2021, 05:09:42 AM
#46
Art has never been my area of interest which automatically puts  NFTs off my bucket list. Am certain there is some good in them but tbh these just ain't for me.

And because this is something that came like the crypto kitties game this kind of reminds of it and there is some similarities too, so am staying far away as possible.
hero member
Activity: 2058
Merit: 761
To boldly go where no rabbit has gone before...
July 03, 2021, 05:03:02 AM
#45
^^ 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

Well IMO, NFT's have a certain potential. But with anything in the world, people will use and abuse that potential in order to make a quick buck.
What was supposed to represent digital form of physical art, is now a space filled with people minting all kinds of shit in hopes to get rich
sr. member
Activity: 1190
Merit: 253
July 02, 2021, 11:24:35 PM
#44
^^ 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

As I look at the present time now, Axie Infinity was one of the Blockchain gaming under by NFT who is now popular so far.
Though, but the thing problem for me is that the price start up is too expensive. And the transaction fee for ETH was too high
as well in the market.
sr. member
Activity: 1512
Merit: 326
July 02, 2021, 07:59:23 PM
#43
^^ 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

Similiarty NFT are like ICO and im not fan of it. NFT are great for many artist to get more extra income and appreciation for what they make such picture . painting . video . etc but personally i dont really think investing in some NFT stuff will make a good profit. I might be wrong but i just still dont really trust concept like that.
legendary
Activity: 2996
Merit: 1188
July 02, 2021, 02:31:09 PM
#42
NFTS in my opinion is a profitable business model for developers but for traders it will not be able to provide much profit because not all platforms can accept payments using NFTS, NFTS is more used for collection so it doesn't have a high demand so I think be careful when you want put your money in such a platform model.
Some NFT project have a strong demand in the market and right now NFT games are doing great in the market and you can actually trade them because it's value is also volatile and moving as well. For me NFTs are on a better position now especially the games not because I do play on some NFT platform but simply because their technology introduces new things here, and that's where the hype is right now.
That "game" thing really turned NFT into something much bigger. Back in the day it was just some pictures being sold and even then it worth a lot of money and nobody really made any sense in that. There was one NFT that went for nearly 70 million dollars if I am not wrong. I can guarantee you that if that guy wanted to sell it right now, he can't get half of that amount these days, don't care whose paintings it was and why it was that much but I know it won't worth that much these days.

However games made sense, because in the gaming world you could make NFT and then you could turn around and do something much bigger with it, play with it, win with it, earn with it basically you can use your NFT for something in return of buying it. This way on contrary to what it was just few months ago when you just bought pictures, nowadays you buy some utility with it.
full member
Activity: 420
Merit: 101
July 02, 2021, 01:31:24 PM
#41
NFT stands for non-fungible tokens. In economics, an exchangeable asset is something with units that can be easily exchanged
NFTs are the "only" assets in the digital world that can be bought and sold like any other property, but they have no tangible form. Digital tokens can be thought of as certificates of ownership for virtual or physical assets.
i am also have several NFT collections from Pancakeswap and Binance, I love their Art Smiley
sr. member
Activity: 1079
Merit: 352
July 02, 2021, 10:26:43 AM
#40
mmm, it gains traction/recognition for sure, last time I think beeple sold its nft for $69 million at christe.

yeah, not everyone can sell their nft for a million bucks lol, but for sure "normal" people who never heard or use crypto before begin to think that is possible to "make a profit" on crypto with just .jpeg.

hmm, I'm out of the loop, is it possible to swap nft with different chain? like punk on eth to bsc
full member
Activity: 941
Merit: 100
July 02, 2021, 10:07:13 AM
#39
I only tried out Axie infinity and I really like it,
Playing and earning it is like I am getting paid to do what I want and not just that I enjoy how the play style is.
It is like mind game and you need to know and counter what your opponent would do.
But if I found some other NFT game like it then I would love to try it out too.
Vulcan seems to be a good choice for you to try.
some of the popular NFT projects now are those that come with game projects.
some new projects that adopt NFT such as social media and art seem to be starting to try. but we do not know how the interest from investors. because right now I think NFT is still popular with game projects.
full member
Activity: 1274
Merit: 115
★Bitvest.io★ Play Plinko or Invest!
July 02, 2021, 09:57:36 AM
#38
I only tried out Axie infinity and I really like it,
Playing and earning it is like I am getting paid to do what I want and not just that I enjoy how the play style is.
It is like mind game and you need to know and counter what your opponent would do.
But if I found some other NFT game like it then I would love to try it out too.
hero member
Activity: 2058
Merit: 710
July 02, 2021, 09:55:35 AM
#37
Non frangible Tokens (NFTs) the most important things in cryptocurrencies market. It's a sticker based assets which have value. It's a good art with popular celebrities.
Yes, but today there are still many people who don't know what the real function of Non-Frangible Tokens (NFT) is for the cryptocurrency market,
so try to explain a little about this now.
legendary
Activity: 3010
Merit: 1028
Leading Crypto Sports Betting & Casino Platform
July 02, 2021, 12:26:13 AM
#36
^^ 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
Non frangible Tokens (NFTs) the most important things in cryptocurrencies market. It's a sticker based assets which have value. It's a good art with popular celebrities.
It's not only limited to that, NFT is actually covers very wide market, the fact that NFT can be utilized for various sectors due to its capability of generating token with unique attributes and that could be taken advantage of by many platforms such as gaming
so it's not only limited to art, also software licensing, and many more. It's very useful actually, also can be used for government data, etc but maybe only works in goviernment owned blockchain.
sr. member
Activity: 2436
Merit: 272
Hire Bitcointalk Camp. Manager @ r7promotions.com
June 30, 2021, 07:49:52 PM
#35
Its a great idea to protect the piracy on the internet but in the crypto fields all those tokens created using NFTs are useless in my opinion because they don't have any real use case until now but in future the things maybe changed. Someone like Satoshi can implement the NFT in the crypto field to produce something really decentralized and non profitable token with real use case.
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