A big confusing about what solution that being offered by NFT. i see no solution being offered by NFT in this case, NFT was just also the tokenization of assets in the different form like art, design, in app item or game item and many more. This is not offered any solution for that.
Taking this as an investment was also a very bad decision as well. This is not an investment. I would like to call this as a non fungible token that was focusing into the tokenization of assets other than fiat or money.
So, taking this as an investment was a very bad thing IMO. The usecase depends on the platform and so many times various NFT has no usecase.
Topic: What's your take of NFTs? - page 6. (Read 773 times)
What's your take of NFTs?
Do you think are a long term solution/investment or just hype??
NFTs without Usecase will no longer for long time but those NFTs which have real Usecase will remain for ong time. NFTs is just started and yet new technology will be added soon. Maybe In futures sports ticket etc convert into NFT which will be advance system and much more in music industry also. Overall NFTs is long term solution.Do you think are a long term solution/investment or just hype??
What's your take of NFTs?
Do you think are a long term solution/investment or just hype??
Do you think are a long term solution/investment or just hype??
NFT is good, but sadly the industry nft relies on hype. unlike the crypto market which is based on utility and a strong ecosystem as its fundamentals. nft thrives on hype and speculation and that means it won't last forever. so nft is not suitable for investment. you can make a profit if you sell NFT, but you will not be able to make a profit if you invest in nft. this is an important rule in this industry. this is only profitable if you are a creator.
If there were in fact a bunch of artists using this new technology to sell their art then the NFT market will look way more legitimate than what it does right now, in which many people think of it as nothing but a joke which will eventually lose its impact in this market as scammers have taken over the market as they always do.
What's your take of NFTs?
Do you think are a long term solution/investment or just hype??
Do you think are a long term solution/investment or just hype??
NFT is good, but sadly the industry nft relies on hype. unlike the crypto market which is based on utility and a strong ecosystem as its fundamentals. nft thrives on hype and speculation and that means it won't last forever. so nft is not suitable for investment. you can make a profit if you sell NFT, but you will not be able to make a profit if you invest in nft. this is an important rule in this industry. this is only profitable if you are a creator.
What's your take of NFTs?
Do you think are a long term solution/investment or just hype??
I dont see any utility out of these NFT's but surprisingly there are some who do really applied out some utility which i do see for it to be that relevant rather than on seeing images Do you think are a long term solution/investment or just hype??
which i dont really see any reason for someone to be considered to be good for long term aspect or duration.Yes, it might be for collection but wont really be that ideal
about long term and its true that its mostly talking about hype and i dont see any relevance of it.
~snip
How and why do you even think that NFTs have anything to do with bitcoin or that they would be comparable? They are totally different protocols for different use cases. They are not fighting from the same spot
Saying "nfts cannot replace bitcoin" is like saying NetFlix cannot replace Auto industry. No one thinks they would.
In that case, obviously bitcoin is safer. NFTs on the other hand are a big umbrella of various different projects. Some of them are a good call. Most of them are garbage. Same thing as with random bep20 or erc20 tokens.
Not even considerable as investment. NFT is only depending on the hype and so, the price was also being controlled by the hype. You must learn from so many NFT cases that happened in the opensea about how bad it is for now. NFT was not a solution but this is only a way to bring a new thing that makes something being tokenized and it can be sold for something just like NFT art. The value of art is so abstract and it's not having a real value. The value is hardly to be determined caused by it must be valued by based on some factors like uniqueness, demand, availability and many more.
NFTs are the future for sure but still a lot of people dont know much about them. I invested couple of $$ but into some stupid ones honestly so just wasted my money honestly. I think its really hard to predict the one that will explode and be a huge success.
I'm not sure the NFT hype will get better going forward because now statistically the NFT trend search has started to decline, trading volume has also decreased from its heyday so even though it's still in the NFT trend but we have to take advantage of it but not in the long term because any hype will finished at the end.
NFTs are game changer, they introduce a lot of good projects already and seriously they are still coming in this market with the new ideas so they are most probably will stay as long as there’s a demand for the project that they will introduce. I do have some NFTs and I see them as one of my valuable investments, will hold it in the next coming years.
NFTs are the future for sure but still a lot of people dont know much about them. I invested couple of $$ but into some stupid ones honestly so just wasted my money honestly. I think its really hard to predict the one that will explode and be a huge success.
What's your take of NFTs?
Do you think are a long term solution/investment or just hype??
It will stay for long, though there’s a big factor for a hype here but some NFT projects are really promising and beside we are growing our technology every year and with NFT, they are more possible to happen. Do you think are a long term solution/investment or just hype??
I still see Metaverse to be the next trend along side with the NFT so there are still years to come to see the hype of NFT. Just take advantage of the situation right now, you might find a lot of gems if you do some research about NFTs.
I honestly believe that they are going to be HUGE in the future with something other than images. Right now all we use NFT's for images and that's it, there are some other smaller stuff, but they haven't gone big yet, when they do and we start to use them for proper stuff then we are going to have a big time talking about it and hyping it up.
You can even provide ownership of a house with NFT, there is nothing that would stop you, only if governments make it legal, or put laws regarding that. This is why I believe that NFT's are not used properly right now, images are nice and all but they are just useless at this stage, something else that uses NFT will be bring it back.
You can even provide ownership of a house with NFT, there is nothing that would stop you, only if governments make it legal, or put laws regarding that. This is why I believe that NFT's are not used properly right now, images are nice and all but they are just useless at this stage, something else that uses NFT will be bring it back.
What's your take of NFTs?
Do you think are a long term solution/investment or just hype??
Do you think are a long term solution/investment or just hype??
NFT to me is just a collection of stolen images, modified and then traded. While the rest that is still surviving are works of art that are up and running by the influencers' hype. I'm not interested in any NFT, though it's exciting. Realized that NFT can only have value when there is a community that spreads it on social media and becomes popular. Thus attracting buyers, imagine the last buyer in a given 1 NFT and no one else wants to buy it.
It makes more sense to trade coins or tokens on exchanges where it is clear that we don't have to worry about who and how the buyer is.
I dont think its a long term solution but I also think its not completely just hype..
What's your take of NFTs?
Do you think are a long term solution/investment or just hype??
Some of them will or might survive for long term so be wise in choosing them and then the rest, they're all good for hype. Well, a newbie can't wear a signature.Do you think are a long term solution/investment or just hype??
You can buy copper membership and read the benefits that you can get from purchasing it. And that includes wearing signature as a member rank for you to insert that code you've attached to your post.
if it’s NFT that are revolves around gaming that have sustaining long term economic model I think it could be a great long term investment.
if in the future the NFT gaming projects happens to be succesfully gaining attention in the gaming industry the investment could be giving out great results but in terms of NFT
that are falls under the category of an arts, usually its just merely a trend, I could hardly see these kind of NFT arts could be sustaining long term, I mean they could have such
tremendous valuation at the current moment and have zero valuation in the next few years because their trend has already fading.
if in the future the NFT gaming projects happens to be succesfully gaining attention in the gaming industry the investment could be giving out great results but in terms of NFT
that are falls under the category of an arts, usually its just merely a trend, I could hardly see these kind of NFT arts could be sustaining long term, I mean they could have such
tremendous valuation at the current moment and have zero valuation in the next few years because their trend has already fading.
What's your take of NFTs?
Do you think are a long term solution/investment or just hype??
For me NFT is just a private collection program for certain purposes only so it's not worth hyping even though it could be for a seasonal program, but some really serious developments should be well appreciated because NFT is for building good works of art. Do you think are a long term solution/investment or just hype??
I think nft's are just hype for now. But there are possibilites that they can be a long term investments depending on the project. It's too early to decide whether nft's can be a long term investment, no one can really know, but it has the potential, it's just that I'm not 100% sure. I'm not really into nft's for now, I'm currently into market because there I can generate profit. But I still think nft's can really have a greate future.
~snip
How and why do you even think that NFTs have anything to do with bitcoin or that they would be comparable? They are totally different protocols for different use cases. They are not fighting from the same spot
Saying "nfts cannot replace bitcoin" is like saying NetFlix cannot replace Auto industry. No one thinks they would.
I do not take too much into NFT because my focus now is on the market.
Maybe NFT still needs more development or it is already over and will replace with the other new things, but I do not know.
But if you want to hold for the long term, you can choose the other coins than playing with NFT because it is just a trend that can replace at any time.
If you already profit from NFT, you should know when to leave the NFT before the market is oversold.
Maybe NFT still needs more development or it is already over and will replace with the other new things, but I do not know.
But if you want to hold for the long term, you can choose the other coins than playing with NFT because it is just a trend that can replace at any time.
If you already profit from NFT, you should know when to leave the NFT before the market is oversold.
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