What's your take of NFTs? | Bitcointalksearch.org

hipnofart

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Quote from: Qiro on April 21, 2022, 04:55:19 AM

What's your take of NFTs?

Do you think are a long term solution/investment or just hype??

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I think that NFT has a great potential, especially if we say about NFT Gaming. Also, I am following the project "reptile chronicles". I'm interested in this project because it has its own deep lore and the project reminds me an atmosphere of the Skyrim and Lord of the Rings. Therefore I'm really looking forward for the release of this game.

lixer

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Quote from: sana54210 on June 14, 2022, 10:09:51 AM

The amount of NFT projects spreading to all over the world, makes it cheaper too, which is a problem. I agree with you that there are a lot of NFT projects right now, but doesn't that poses a threat to each other? Think about it, when there is 10 million dollars to go around, if it is 10 projects then each get 1 million equally, if there are 100 then each get 100k.

Of course it is not equally distributed, btu that’s the logic, whereas we are not even investing as much as we used to, which means that NFT projects are getting even less. I do not think that it is really a big deal, I feel like it should be considered as a bad thing and not a big deal anymore.

I would guess that there will be a point where people could still come back though, and when people come back, those projects will comeback too and there will be some big ones. There was always a lot of people in the NFT market that wanted a piece of it, but none of them really mattered, even while cryptopunks got hundreds of thousands of dollars, there were projects that went for 50 dollars a piece at most, some went even lower.

I have seen ones that failed to sell for 20 bucks during ape period for example. So, when investors come back, there will be some new stuff and they will get some attention, while all the others do not get the same level of attention at the same time.

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Quote from: doomloop on June 15, 2022, 03:21:29 PM

Quote from: sana54210 on June 14, 2022, 10:09:51 AM

The amount of NFT projects spreading to all over the world, makes it cheaper too, which is a problem. I agree with you that there are a lot of NFT projects right now, but doesn't that poses a threat to each other? Think about it, when there is 10 million dollars to go around, if it is 10 projects then each get 1 million equally, if there are 100 then each get 100k.

Of course it is not equally distributed, btu that’s the logic, whereas we are not even investing as much as we used to, which means that NFT projects are getting even less. I do not think that it is really a big deal, I feel like it should be considered as a bad thing and not a big deal anymore.

There are thousands of nft's but that does not downgrade the best nft's, bayc for example. Did the value of their nft's get cheaper? I bet no but they still cost millions of dollars. Same with cryptos, there are so many meme coins and shitcoins but top coins are still shining. It didn't affect the the way the people look at them.

A normal nft or a new nft can't set its price high but it should come in a difficult process first like what the top nfts have done before. That is the reason why most nft's are valueless just like a shitcoin and a meme coin. If you think that the nft that you are going to buy have all an equal quality then it's fine to put an equal amount on each of them.

yes that's true especially for the future, it will be far less potential. NFT some time ago was very hype and now in line with the sharp decline in the price of the Crypto market, NFT slowly began to appear, many with no potential such as shitcoin, with this in my opinion it is possible to destroy NFT in the future due to losing the trust of many people.

doomloop

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Quote from: sana54210 on June 14, 2022, 10:09:51 AM

The amount of NFT projects spreading to all over the world, makes it cheaper too, which is a problem. I agree with you that there are a lot of NFT projects right now, but doesn't that poses a threat to each other? Think about it, when there is 10 million dollars to go around, if it is 10 projects then each get 1 million equally, if there are 100 then each get 100k.

Of course it is not equally distributed, btu that’s the logic, whereas we are not even investing as much as we used to, which means that NFT projects are getting even less. I do not think that it is really a big deal, I feel like it should be considered as a bad thing and not a big deal anymore.

There are thousands of nft's but that does not downgrade the best nft's, bayc for example. Did the value of their nft's get cheaper? I bet no but they still cost millions of dollars. Same with cryptos, there are so many meme coins and shitcoins but top coins are still shining. It didn't affect the the way the people look at them.

A normal nft or a new nft can't set its price high but it should come in a difficult process first like what the top nfts have done before. That is the reason why most nft's are valueless just like a shitcoin and a meme coin. If you think that the nft that you are going to buy have all an equal quality then it's fine to put an equal amount on each of them.

sana54210

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Quote from: Wildwest on June 09, 2022, 11:49:17 AM

Currently, there are many NFT projects present so that many of us are interested in the project, although currently it is only limited to hype but we also have to look at developments for the future, if there are indeed new things present then there is nothing wrong with investing in the project, so choose some NFT projects that have the potential so that later when the market recovery occurs, we will definitely get profits.

The amount of NFT projects spreading to all over the world, makes it cheaper too, which is a problem. I agree with you that there are a lot of NFT projects right now, but doesn't that poses a threat to each other? Think about it, when there is 10 million dollars to go around, if it is 10 projects then each get 1 million equally, if there are 100 then each get 100k.

Of course it is not equally distributed, btu that’s the logic, whereas we are not even investing as much as we used to, which means that NFT projects are getting even less. I do not think that it is really a big deal, I feel like it should be considered as a bad thing and not a big deal anymore.

Dollar_Hunter

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investment in NFT for now in my opinion is just bullshit, because I have bought NFT and none of them are selling at a high cost,
well I don't know, I also got free NFT on Mobox, and no one bought it, of course this is what makes me think better to buy coins than NFT

Exio.tech

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NFT-s are not just hype, they have use cases that can disrupt industries just like cryptos do.

The ability to verify the ownership of something can be used in P2E gaming, automated product placements, proof of ownership of the real-world assets, metaverse avatars, etc

this is not all of the use cases of course since NFT-s have been around and the markets will find new use cases going forward.

Wildwest

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Currently, there are many NFT projects present so that many of us are interested in the project, although currently it is only limited to hype but we also have to look at developments for the future, if there are indeed new things present then there is nothing wrong with investing in the project, so choose some NFT projects that have the potential so that later when the market recovery occurs, we will definitely get profits.

minhtra

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i really think its just hype, floor prices are down bad everyone just wants to move to stabler assets

Razanm90

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Quote from: Qiro on April 21, 2022, 04:55:19 AM

What's your take of NFTs?

Do you think are a long term solution/investment or just hype??

_______________________________________________________________________________ ___________________________________________________________________

◈ ◈ ◈ Showcasing the crypto revolution to Millions of people ◈ ◈ ◈
◈ Qiro| Blog| Crypto Market Cap◈

I love games like most of the people, especially online games. I think the NFT Gaming has a great future. I am not believing in NFT arts, because I think that it's the worst way to invest. I’m currently actively following up on one interesting NFT project “Reptile Chronicles”. They have an amazing Instagram page; I was so surprised by it. I have read their novel and it is so fascinating story about three races of reptiles. Also, I love card games like HS and Gwent, so I’m looking forward to the release of this game.

CBrowns79

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Quote from: Qiro on April 21, 2022, 04:55:19 AM

What's your take of NFTs?

Do you think are a long term solution/investment or just hype??

_______________________________________________________________________________ ___________________________________________________________________

◈ ◈ ◈ Showcasing the crypto revolution to Millions of people ◈ ◈ ◈
◈ Qiro| Blog| Crypto Market Cap◈

I think it can be a long-term investment soon. I believe the NFT Gaming has a great future. I am following one NFT project "reptile chronicles", which it seems will be successful and profitable. The developers are making a really good game with deep and unique lore that reminds me a vibe the Lord of the Ring and Skyrim. What do you think about that?

RavenRenee

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Quote from: Qiro on April 21, 2022, 04:55:19 AM

What's your take of NFTs?

Do you think are a long term solution/investment or just hype??

_______________________________________________________________________________ ___________________________________________________________________

◈ ◈ ◈ Showcasing the crypto revolution to Millions of people ◈ ◈ ◈
◈ Qiro| Blog| Crypto Market Cap◈

In my opinion, the NFT in near future can be a long-term investment. I am searching some interesting NFT project, wnich will succeed. But most of them are garbage. I have heard about one p2e game few days ago. Their stories and arts impressed me so much, the team are making really good content for members. If you want to know the name of this project, it is called "reptile chronicles".

d3nz

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Quote from: kotajikikox on May 16, 2022, 10:31:25 PM

Quote from: whiteblue on May 11, 2022, 10:06:45 AM

Quote from: kotajikikox on May 11, 2022, 05:06:34 AM

it depend if you only got your NFT from airdrops or in some NFT games for free , but if you purchase for this then you will be more concern about the movement and will check it from time to time.

Many NFT distributed in airdrop programs only have low NFT rates so they don't have high value prices, maybe only a certain number of NFTs have value because of the impact of project development and get a lot of support from the community because NFT are unique and rare.

That's why NFT now have lost its popularity and trust and even losing its investors and supporters because of this nature and only proven one thing, that this is another BS thing that happened in our market .
there are really very few projects now that we can rely on and trust and NFT is not one of those .
so be careful and consider this as a very risky investing.

It's just hype, people will come where the trend is. As we know that a lot of the NFT market is collapsing and we can never know when it will go uptrend again. And, I think that NFT only got its spotlight when the Play-to-earn(P2E) games and their token hit ATH just like Axie infinity but it fell down.

And, I think that the NFT token is really worth buying if they have a lot of investors, supporters, and active developers.

RavenRenee

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Quote from: Qiro on April 21, 2022, 04:55:19 AM

What's your take of NFTs?

Do you think are a long term solution/investment or just hype??

_______________________________________________________________________________ ___________________________________________________________________

◈ ◈ ◈ Showcasing the crypto revolution to Millions of people ◈ ◈ ◈
◈ Qiro| Blog| Crypto Market Cap◈

The NFT is just hype now, but it can be a long term investment. Especially if we say about NFT Gaming. I have heard about one interesting p2e game few days ago, they have a deep lore about three race of reptiles. I was surprised by the arts, all of them are amazing. I do not want to shilling or anything like this. Can you give me advice about this? Is it a good idea to take part in this project?

P.S. You can send me a messages, I will be glad Wink

Razanm90

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Quote from: Qiro on April 21, 2022, 04:55:19 AM

What's your take of NFTs?

Do you think are a long term solution/investment or just hype??

_______________________________________________________________________________ ___________________________________________________________________

◈ ◈ ◈ Showcasing the crypto revolution to Millions of people ◈ ◈ ◈
◈ Qiro| Blog| Crypto Market Cap◈

I think it will be a long-term investment. I am sure that the NFT Gaming has great potential in near future. I have heard about one interesting Blockchain-based NFT game "reptile chronicles", which has deep and unique lore about three clans of reptiles. Have you heard about this p2e game? What do you think about this?

kotajikikox

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Quote from: whiteblue on May 11, 2022, 10:06:45 AM

Quote from: kotajikikox on May 11, 2022, 05:06:34 AM

it depend if you only got your NFT from airdrops or in some NFT games for free , but if you purchase for this then you will be more concern about the movement and will check it from time to time.

Many NFT distributed in airdrop programs only have low NFT rates so they don't have high value prices, maybe only a certain number of NFTs have value because of the impact of project development and get a lot of support from the community because NFT are unique and rare.

That's why NFT now have lost its popularity and trust and even losing its investors and supporters because of this nature and only proven one thing, that this is another BS thing that happened in our market .
there are really very few projects now that we can rely on and trust and NFT is not one of those .
so be careful and consider this as a very risky investing.

babygun

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Quote from: wxa7115 on May 11, 2022, 01:08:20 PM

Many people have thought for some time that NFTs will have the same fate as icos, icos were extremely popular in their time to the point the forum was full of them and new icos were being promoted every single day.

But once people realized that icos held no future the hype died down and it never recovered, and even if since then there have been many other sources of hype it was never as big as the ico hype, so if things continue in the current direction it would not be long until NFTs collapse completely and people realize they have being deceived by scammers once again into buying a bunch of useless images that anyone can download to their computer for free.

I think and hope that you are correct as this NFT hype is starting to annoy me. It has no function at all, completely useless but yet if became massively popular for some reason. Some people have get rich thanks to NFT (same for the ICO 3-4 years ago) but many of the investors will be in (massive) loss.

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Quote from: Qiro on April 21, 2022, 04:55:19 AM

What's your take of NFTs?

Do you think are a long term solution/investment or just hype??

_______________________________________________________________________________ ___________________________________________________________________

◈ ◈ ◈ Showcasing the crypto revolution to Millions of people ◈ ◈ ◈
◈ Qiro| Blog| Crypto Market Cap◈

I think that it will be in near future a long-term investment. Especially if we say about NFT Gaming. I am taking part in an interesting NFT project "reptile chronicles", I am sure that this Blockchain-based NFT game will succeed. They have such good novels about three clans of reptiles. If you want to know more about this project, I recommend to take look at their website: https://rchronicles.org.

YuleDoris

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With NFT, you can earn real money while having fun, playing the game and enjoying the adventure! Thus, buying an Eizper Chain NFT is an interesting way to make money in today's world.

SirLancelot

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Quote from: ItsCrafty on May 13, 2022, 07:22:46 PM

NFt is real decentralized token which price is totally depend upon the artist demand. I think this is long term system and will remain for long term. Some countries where crypto is banned but they are not against NFT . United Arab Emirates now looking for NFT Collection which is very good News for NFT and more Countries will show interest in NFTs.

If it's not fake or scam then it's real. It's not only the artist that can buy nft's but they can also be regular individuals. The higher the demand will be the higher the price is too but the retailed price will also depend on the people that sells it. He needs to have a fair pricing because if ever if he lists the nft's at a very high price then it will not be sold easily especially if the nft's are not famous enough or don't have a collaboration with some top brands in the industry today.

We aren't sure yet if nft's will stay relevant for a long time but if ever there are another new thing in the crypto world, that might threaten the existence of nft because right now many people are still against it.

Topic: What's your take of NFTs? (Read 840 times)