Topic: What do you think about the NFT hype? - page 4. (Read 591 times)
NFTs are a hype, a fad, and when something new comes out in the crypto space enthusiasts move on to the latest craze. but there's no denying it if we speak. about the game multiplayer will take it because it's really fun to play, especially with the bonuses to be earned from it. But it will end soon as the trading volume has been decreasing day by day.
Im a long time in crypto and NFTs took over really fast.. do you guys think the hype will keep going?
Since new NFT platforms appear every day.
What are your thoughts?
Since new NFT platforms appear every day.
What are your thoughts?
NFT is a trend and just like other trends, it will get to a point that the interest will slow down and once another trend starts coming up, people will leave it for another. Also, it depends on the lasting impression and impact the NFT had in the crypto space, that is, if it is a very lucrative and good one, it will still be around although won't be much but people will also feel it's presence; a good example of this is the DeFi trend which is still very much around till today.
Lastly, many NFT platforms are coming up and now the hype looks like it is going down, you ought to be careful because a lot of scammers will launch theirs in order to make due of what's left. In addition, the best way to benefit from any trend is to join as early as possible.
You have already answered your question. It's a hype and like all hypes, they have a duration. Just like when the ICO and subsequently, the DeFi hypes came and went. I think the NFT hype is ebbing. Sales dropped
Its a normal cycle and we should always learn from this though I still believe that some NFTs are meant to stay and they’ll continue to give good services but its not like before where the hype is still high, we might see a slower growth once the hype was gone already. I still believe on NFT games, they are good to play and hold.
You have already answered your question. It's a hype and like all hypes, they have a duration. Just like when the ICO and subsequently, the DeFi hypes came and went. I think the NFT hype is ebbing. Sales dropped
For me NFT hype is good because there are a lot of NFT nowadays that has a lot of potential to stay for a long time. As we know in Ethereum, Binance and some blockchain has an NFT gaming which can generate income for all players globally. For sure only the useful and trustworthy NFTs will remain. The bad one will vanish along the way.
NFT has a very high hype this year, there are many games popping up but the madness in making NFT and the price given is fantastic, so it will trigger fraud in this case
Gradually, the NFT hype will fade, and that is very normal in the crypto market so if there is an opportunity to make a profit, immediately participate in it
Gradually, the NFT hype will fade, and that is very normal in the crypto market so if there is an opportunity to make a profit, immediately participate in it
yes. you are right there will be a lot of fraud in this, especially money laundering which is easy to do, by the elites,
This hype will last a long time I think where there are a lot of games that carry NFT and we can see that there are a lot of game lovers so this can be a major factor in the survival of NFT because games
NFT has a very high hype this year, there are many games popping up but the madness in making NFT and the price given is fantastic, so it will trigger fraud in this case
Gradually, the NFT hype will fade, and that is very normal in the crypto market so if there is an opportunity to make a profit, immediately participate in it
that's what's being talked about a lot. related to the extraordinary price of NFT assets. and clearly, it creates an opportunity for scammers and people who want to take advantage of this hype for money laundering or other illegal transactions.Gradually, the NFT hype will fade, and that is very normal in the crypto market so if there is an opportunity to make a profit, immediately participate in it
when there is too much abuse of NFT assets and markets in the future. this could be something bad for NFT. the trend that has been built may collapse and even become very quiet.
NFT has a very high hype this year, there are many games popping up but the madness in making NFT and the price given is fantastic, so it will trigger fraud in this case
Gradually, the NFT hype will fade, and that is very normal in the crypto market so if there is an opportunity to make a profit, immediately participate in it
Gradually, the NFT hype will fade, and that is very normal in the crypto market so if there is an opportunity to make a profit, immediately participate in it
Im a long time in crypto and NFTs took over really fast.. do you guys think the hype will keep going?
Since new NFT platforms appear every day.
What are your thoughts?
Since new NFT platforms appear every day.
What are your thoughts?
The NFT trend is growing very fast and is spreading to this day, of course, this trend has made many people profit, especially since many NFT-based games are currently becoming popular, including Axie Infinity, Gods Unchained, Sandbox 3D, Splinterlands, Alien Worlds, Battle Racers. , The Six Dragons, the community of this game is very large and we know that game fanatics are definitely willing to spend a lot of money so that the games they play don't just disappear, this is what makes me think the NFT trend will continue, there's nothing wrong with looking for profits of the current trend.
I think NFT is a great thing. But right now there are just people who makes money on hype, not on the art. These crypto-punks, monkey and etc. doesn't really worth a lot but since it's new people are buying, selling it and gaining big profit.
There's nothing wrong with taking advantage of the current NFT trend situation, if we really know how to play in it, it's not impossible that it will definitely provide quite a large profit, many NFT-based projects have sprung up, especially game projects, the community of NFT-based game enthusiasts is also large, please follow it's just the flow that exists as long as it can provide benefits for us.
NFT's is the most popular crypto base online games in the internet, because alot of people really see that there's a a lot of opportunity from it compared to some ways in the space wherein the risk is totally different,. that's why it's trending right now and making hype in the market especially when everytime there's a new emerging NFT project because of the features and of course the opportunity , so expect they will keep improving and there's more surprises in the future when it comes NFT's.
I'll use this time to abuse them NFT's. 
Well, that's what hypes are for. They come and go. All we can do is ride the wave and just pretend we are supporting them for a while.
Then, when it's all done, we could go back to our normal lives and just wait for our other investments to succeed.
Or, if there's a new hype before NFT slows down we could switch slowly and just let go of the damn collections.
Will it last long? Yes.
Well, that's what hypes are for. They come and go. All we can do is ride the wave and just pretend we are supporting them for a while.
Then, when it's all done, we could go back to our normal lives and just wait for our other investments to succeed.
Or, if there's a new hype before NFT slows down we could switch slowly and just let go of the damn collections.
Will it last long? Yes.
Eventually the NFT hype will die down in a few months from now, but I could be wrong. It all starts with NFT collectibles. They’re like digital arts stored and encrypted on the blockchain and gives proof to the real owner of that NFT art or collectible.
Then NFT expanded into various use cases like play to earn blockchain NFT games, music, virtual lands or real estate, etc. However, I would say that NFTs with special use cases rather than just being a collectible might be valuable in the long run.
For example, Blankos Block Party. Right now this game is under Season 0. If you have collected a limited edition of that super rare Blankos NFT with only 750 minted and had a lower issue number, you can auction that in the market at a ridiculously high price as more and more gamers are going to come in and getting that hands on your playable NFT. The same thing goes with the other ones out there. As this is a playable NFT, it will be valuable in the long run because of it’s special use case.
As for just simple NFT collectibles without special use cases? Well I could say that the trend would die down in a few months from now, maybe early next year.
Then NFT expanded into various use cases like play to earn blockchain NFT games, music, virtual lands or real estate, etc. However, I would say that NFTs with special use cases rather than just being a collectible might be valuable in the long run.
For example, Blankos Block Party. Right now this game is under Season 0. If you have collected a limited edition of that super rare Blankos NFT with only 750 minted and had a lower issue number, you can auction that in the market at a ridiculously high price as more and more gamers are going to come in and getting that hands on your playable NFT. The same thing goes with the other ones out there. As this is a playable NFT, it will be valuable in the long run because of it’s special use case.
As for just simple NFT collectibles without special use cases? Well I could say that the trend would die down in a few months from now, maybe early next year.
The dangers of NFTs is that you can mint and sell the NFT to yourself on a second account creating a fake market.
Indeed this is dangerous that's why we need to be careful on choosing projects so that we will not get victimized by scammers joining the hype of NFT's and we also make sure that we are dealing with big projects to make sure that we can possibly flip up and earn. But anyways I think its easy to spot this kind of act but for sure newbie will provably get trick unto this things so maybe they should consult veterans and ask about possible feedback they can get.
I think NFT is a great thing. But right now there are just people who makes money on hype, not on the art. These crypto-punks, monkey and etc. doesn't really worth a lot but since it's new people are buying, selling it and gaining big profit.
Im a long time in crypto and NFTs took over really fast.. do you guys think the hype will keep going?
It will end as soon as possible and the chart was telling us the fact if the volume on the NFT market has been declined a lot https://cointelegraph.com/news/pundits-say-crashing-floor-prices-and-sell-volume-signal-that-the-nft-market-has-diedSince new NFT platforms appear every day.
Just because new platform was appearing everyday and it doesn't mean if the NFT platform will be hyped again. What are your thoughts?
NFT will stay with us like DEFI when the DEFI hype has gone but it will not be so big as it was a few months ago. People will be seeing it as a common thing.
At this particular rate, it cannot be sustainable. Actually NFTs started a little slow at first. Only a few know it. But then it suddenly hit the limelight and after huge success was achieved by the likes of Axie Infinity, Beeple, etc all kinds of NFTs are inundating the market. With this, there will definitely be a lot of dead NFT projects after only a few months and years. Only the strongest and most popular ones will survive and continue to develop.
I'm sure the Hype NFT lasted a long time, because before this we saw the concept of DeFi. DeFi also stuck with the trend for quite a long time. NFT is one of the great new concepts for film, gaming, art projects. But it can still be developed into many things. Let's see where the NFT trend goes.
The dangers of NFTs is that you can mint and sell the NFT to yourself on a second account creating a fake market.
This method used by people who want to hide their wealth or someone who want to do a money laundrying. From the beginning of NFT sold for some ETHs i already think about this because it's really possible to someone sold their own NFT and buy it theirself for their own interest.
There are the real thing sold with millions dollars, but also there are some fake price that bought millions dollars for other business.
Im a long time in crypto and NFTs took over really fast.. do you guys think the hype will keep going?
Since new NFT platforms appear every day.
What are your thoughts?
Since new NFT platforms appear every day.
What are your thoughts?
It reminds me ICO hype in 2017. Someday this will stop and the volumes will fall dramatically. But we still have some time to earn here
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